[
US
/ˌmæksɪmɪˈzeɪʃən/
]
NOUN
- the act of raising to the highest possible point or condition or position
- the mathematical process of finding the maximum value of a function
How To Use maximization In A Sentence
- Any microeconomicagency is rational economic man and will pursue the utility maximization, so is government.
- Whether managers fully exploit the pocket of discretion thus created depends on the intensity of their own commitment to profit maximisation.
- Work with 3 PL to ensure maximisation of container packing and weight limit is adhered to.
- The construction of this model included a number of innovations, i.e., a further development of older theories of consumption and of production, the formulation of conditions for multimarket stability, an extension of the applicability of the static method of analysis to include multiperiod analysis, and the introduction of a capital theory based on profit maximization assumptions. The Prize in Economics 1972 - Press Release
- Does the enterprise to be able to pursue the profit maximization.
- Whether managers fully exploit the pocket of discretion thus created depends on the intensity of their own commitment to profit maximisation.
- Second , the total would like to pursue profit maximization.
- The expectation - maximization ( EM ) algorithm is a standard frame for maximum likelihood estimation in finite mixture models.
- This duty does not exclude the possibility of corporate philanthropy, although the word philanthropy used in the context of profit maximization is misleading. Creative Capitalism
- Establish equipment maintenance process and system to ensure maximization of equipment up - time.