capacity production
11Production Volume Variance — The amount of fixed overhead costs that are not allocated to a product because actual production varies from budgeted production. Also known as fixed overhead volume variance. Mathematically, production volume variance is expressed as: (Actual… …
12capacity — A lending and credit analysis term that describes a borrower s or applicant s ability to meet debt service obligations. See debt service coverage. American Banker Glossary credit grantor s measurement of a person s ability to repay loans.… …
13capacity — [1] The ability to contain or hold something. [2] Maximum production attainable under normal conditions. With regard to normal conditions, the company s operating practices are to be followed with respect to the use of production facilities,… …
14Production function — Graph of Total, Average, and Marginal Product In microeconomics and macroeconomics, a production function is a function that specifies the output of a firm, an industry, or an entire economy for all combinations of inputs. This function is an… …
15capacity — noun 1 amount held/produced ADJECTIVE ▪ high, large ▪ a high capacity electric pump ▪ large capacity disk drives ▪ limited, small …
16capacity — ca|pac|i|ty [ kə pæsəti ] noun count or uncount *** 1. ) the amount of something that can be put in a container or the number of people that a place has room for: capacity of: The fuel tanks have a capacity of 25,000 gallons. a concert hall with… …
17capacity */*/*/ — UK [kəˈpæsətɪ] / US noun [countable/uncountable] Word forms capacity : singular capacity plural capacities 1) a) the amount of something that can be put in a container, or the number of people that a place has room for There are plans to increase …
18capacity — 01. The [capacity] of this elevator is only 500 kilograms. 02. The hospital is filled to [capacity], and patients are having to sleep in beds in the halls. 03. A [capacity] crowd of 17,000 fans were packed into the arena to see the final game of… …
19production management — or operations management Planning, implementation, and control of industrial production processes to ensure smooth and efficient operation. Production management techniques are used in both manufacturing and service industries. Production… …
20Production–possibility frontier — In economics, a production–possibility frontier (PPF), sometimes called a production–possibility curve or product transformation curve, is a graph that compares the production rates of two commodities that use the same fixed total of the factors… …
