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  2. Pass-through (economics) - Wikipedia

    en.wikipedia.org/wiki/Pass-through_(economics)

    In addition to the absolute pass-through that uses incremental values (i.e., $2 cost shock causing $1 increase in price yields a 50% pass-through rate), some researchers use pass-through elasticity, where the ratio is calculated based on percentage change of price and cost (for example, with elasticity of 0.5, a 2% increase in cost yields a 1% increase in price).

  3. Gasoline and diesel usage and pricing - Wikipedia

    en.wikipedia.org/wiki/Gasoline_and_diesel_usage...

    The third component, representing 14.3% was distribution and marketing. The fourth component representing 14% was refining costs and profits. In 2021, with the average price increased to $3.01/gallon, crude oil accounted for 53.6%, taxes for 16.4%, distribution and marketing for 15.6%, and refining costs and profits, for 14.4%. [12]

  4. NTU method - Wikipedia

    en.wikipedia.org/wiki/NTU_Method

    The other fluid would change temperature more slowly along the heat exchanger length. The method, at this point, is concerned only with the fluid undergoing the maximum temperature change. The effectiveness of the heat exchanger ( ϵ {\displaystyle \epsilon } ) , is the ratio between the actual heat transfer rate and the maximum possible heat ...

  5. Allocation (oil and gas) - Wikipedia

    en.wikipedia.org/wiki/Allocation_(oil_and_gas)

    When a fluid stream is owned by a compound ownership, each owner's equity is allocated in accordance with their share. For joint venture contractual arrangement with fixed equities, allocation is in the proportion of their share of ownership. [50] Production sharing agreements may lead to further splits into cost oil and profit oil categories.

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  7. Construction estimating software - Wikipedia

    en.wikipedia.org/wiki/Construction_estimating...

    A cost estimator will typically use estimating software to estimate their bid price for a project, which will ultimately become part of a resulting construction contract. Some architects, engineers, construction managers, and others may also use cost estimating software to prepare cost estimates for purposes other than bidding such as budgeting ...

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  9. Continuously variable transmission - Wikipedia

    en.wikipedia.org/wiki/Continuously_variable...

    A continuously variable transmission (CVT) is an automated transmission that can change through a continuous range of gear ratios, typically resulting in better fuel economy in gasoline applications. [1] This contrasts with other transmissions that provide a limited number of gear ratios in fixed steps.