Search results
Results From The WOW.Com Content Network
Economists use the word efficient to mean any of several closely related things: [12] No one can be made better off without making someone else worse off (Pareto efficiency). No more output can be obtained without increasing the amount of inputs. Production proceeds at the lowest possible per-unit cost.
All users can continue to access discontinued products, but cannot receive security updates and technical support. The time-frame after the last production date depends on the product and relates to the expected product lifetime from a customer's point of view. Different lifetime examples include toys from fast food chains (weeks or months ...
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
Prince was built 1863 and operated 1864–1936, 1955–1968, 1980-present, a product life of over 150 years, a service life of around 125 years. Product lifetime or product lifespan is the time interval from when a product is sold to when it is discarded.
Elevator: A hinged mechanism that is closed around the drill pipe, or other tubular components, to facilitate lowering them into or lifting them out of the wellbore. Finger: A Finger is a person that has been in the field long enough to no longer be a worm but is not smart enough to be considered a Hand. i.e. Drill Finger, Frac Finger.
(pl.) aboiteaux A sluice or conduit built beneath a coastal dike, with a hinged gate or a one-way valve that closes during high tide, preventing salt water from flowing into the sluice and flooding the land behind the dike, but remains open during low tide, allowing fresh water precipitation and irrigation runoff to drain from the land into the sea; or a method of land reclamation which relies ...
A turnaround (TAR) is a scheduled event wherein an entire process unit of an industrial plant, such as a refinery, petrochemical plant, power plant, or paper mill, is taken offstream for an extended period for work to be carried out.
Prior to these series, production errors were rarely seen for pre-recorded programmes, since these were edited out before transmission. [3] Nowadays, it is common to see outtakes at the end of films, or compiled into programmes like these.