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The Break-Even Point can alternatively be computed as the point where Contribution equals Fixed Costs. The quantity, ( P − V ) {\displaystyle \left(P-V\right)} , is of interest in its own right, and is called the Unit Contribution Margin (C): it is the marginal profit per unit, or alternatively the portion of each sale that contributes to ...
However, with no advance knowledge of how long one will be skiing, the breakeven point is unclear. A good algorithm will minimize the ratio of the cost when the number of days is known in advance to the cost when the number of days is not known in advance. [2] Ski rental [3] [4] is one example of this class of problem.
In nuclear fusion research, the term break-even refers to a fusion energy gain factor equal to unity; this is also known as the Lawson criterion. The notion can also be found in more general phenomena, such as percolation. In energy, the break-even point is the point where usable energy gotten from a process equals the input energy.
Transformation problem: The transformation problem is the problem specific to Marxist economics, and not to economics in general, of finding a general rule by which to transform the values of commodities based on socially necessary labour time into the competitive prices of the marketplace. The essential difficulty is how to reconcile profit in ...
Break-even is a point where any difference between plus or minus or equivalent changes. Break-even (or break even) may also refer to: Break-even point, the term in economics; Breakeven, the point in the fusion energy gain factor where input and output energy is equal "Breakeven" (song), a 2008 song by the Script
The problem remains NP-complete even if a prime factorization of is provided. Serializability of database histories [3]: SR33 Set cover (also called "minimum cover" problem). This is equivalent, by transposing the incidence matrix, to the hitting set problem. [2] [3]: SP5, SP8 Set packing [2] [3]: SP3
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Multi-objective optimization or Pareto optimization (also known as multi-objective programming, vector optimization, multicriteria optimization, or multiattribute optimization) is an area of multiple-criteria decision making that is concerned with mathematical optimization problems involving more than one objective function to be optimized simultaneously.