The definition of OLOF by AcronymAndSlang.com … Active 5 years, 7 months ago. When a company is at optimum capacity, it produces the most it can with the smallest amount of cost. Many are confused between optimum and maximum. Mika Boedeker, Turku School of Economics and Business Administration. For example, in the theory of CONSUMER EQUILIBRIUM, a consumer with a given income and facing set prices for products will adjust the purchases of these products so as to maximize the utility or satisfaction to be derived from spending his or her … Learn more. Proper usage and audio pronunciation (plus IPA phonetic transcription) of the word optimum. The Medical & Science Acronym / Slang OLOF means... AcronymsAndSlang. 53. optimum the best possible outcome within a given set of circumstances. Optimum is an adjective that describes the best or most favorable of something. Top synonyms for optimum level (other words for optimum level) are optimal level, cost optimal level and good standard. Optimum capacity is a manufacturing rate with the lowest possible cost. They prefer to shop in surroundings … So assuming you at least have a good grasp of what your own ‘GAP Analysis’ would reveal, and based on that, you have been able to calculate your ‘Gross Profit GAP’ and ‘Sales GAP’, we are ready to continuing with Step 4 and to answer the question, “how much inventory do I need to achieve my sales budget” … otherwise referred to as the Look at these examples: What is the optimum/optimal childbearing age? Visit: www.economicswithfrancisco.com (English) www.economiayciencia.com (Spanish) Microeconomics concepts, useful to understand the Medium Run: in … The debt-asset ratio that allows a company to achieve the highest possible return without taking on excessive risk.The optimum leverage ratio minimizes the cost of capital without acquiring a high possibility of default. A question from my English exam. what is the optimum level of production? Here is more of the sentence I'm using this in: keeping inventory at an optimum level. What does OL stand for? Psychologists, self-help gurus, and parents all work to make their clients, friends, and children happier. Don't assume a superstition either. Ask Question Asked 5 years, 7 months ago. European Advances in Consumer Research Volume 2, 1995 Pages 372-380. The OLOF meaning is Optimum Level of Functioning. What does optimum mean? → optimum 3. optimum. Hope this helps. optimal definition: 1. Many translated example sentences containing "optimum level" – Dutch-English dictionary and search engine for Dutch translations. For example, Harry utilizes his car to the optimum level by driving at the speed of 40kph. However, most people are already above neutral in happiness, which raises the question of whether higher levels of happiness … : With its 25 per cent of alloyed metals, K-gold also possesses optimum … Another word for optimum. Don't follow traditions blindly or ignore them. OL abbreviation stands for Optimum Level. The OLOF acronym/abbreviation definition. English Dictionary meaning of optimum stock level. ANNA believes in the commitment of nursing to assist each individual patient with kidney or other disease processes requiring replacement therapies to achieve an optimum level of functioning.The nephrology nurse who effectively provides appropriate education and training will encourage patients to make informed … on the correct schedule this will achieve the best bodily performance … View entire discussion (8 comments) More posts from the grammar community. Skanska and OSHA entered into an extended, voluntary, cooperative relationship to achieve an optimum level of worker safety and health at the job site. 23 comments. → optimum 2. 56. In other words, a production capacity in which the cost of production of one extra unit is the same as the average cost for every unit. Optimum Level synonyms. We need to find the optimal/optimum solution. Hop on to get the meaning of OLOF acronym / slang / Abbreviation. If the on the other hand, social optimum can be the point where social marginal cost = social marginal benefit (SMC = SMB). optimum pH: the pH at which an enzymatic or any other reaction or process is most effective under a given set of conditions. Meaning of optimum. OPTIMUM STIMULATION LEVEL AND RECREATIONAL SHOPPING TENDENCY. Information about optimum in the AudioEnglish.org dictionary, synonyms and antonyms. ‘This level of iron store is about twice as much as the optimal iron store for normal adults.’ ‘The key is determining the optimal time to move from an internal to an external audit.’ Synonyms 6 0. Translations in context of "optimum level" in English-Arabic from Reverso Context: However, during their meetings the Inspectors learned that communication and information sharing are still far from reaching the optimum level. Optimum definition: The optimum or optimal level or state of something is the best level or state that it... | Meaning, pronunciation, translations and … What is the abbreviation for Optimum Level? Normal arterial blood oxygen saturation levels in humans are 95–100 percent. : An optimum radius of the curvature ensuring the best spectral resolution was determined for a nonsymmetric diffractor scheme. Optimum level means to eat the right amount of nutrients. Definition of optimum (optima) in the AudioEnglish.org Dictionary. Don't be … Also you pull in more than is desirable or necessary for the optimum climb rate when you're on the control bar. In the short-run, a firm would build the scale of plant and operate it at a point where the average cost is at its minimum. ... What's the implying meaning of "sentence" in "Home is the first sentence"? It involves achieving the highest level of functioning in several dimensions: physical, social, intellectual, emotional, occupational, and spiritual. 56. optimum, noun: 1. the amount or degree of something that is most favorable to some end; especially : the most favorable condition (as of temperature, light, moisture, food) for the growth and reproduction of an organism; 2 a: greatest degree (as of growth, activity, or effectiveness) attained under implied or specified conditions [this pest reaches its optimum … … In other words, it doesn't mean the highest … Is there a difference between optimum and optimal? Find more ways to say optimum, along with related words, antonyms and example phrases at Thesaurus.com, the … Optimum definition, the best or most favorable point, degree, amount, etc., as of temperature, light, and moisture for the growth or … However, I don't know at what level you are studying economics, so this may be a little advanced for you, but it's based on the same principles as those mentioned above. It is a term which indicates to the point at which the use of something will be best. I don't know if I answered them correctly. Oxygen saturation is the fraction of oxygen-saturated hemoglobin relative to total hemoglobin (unsaturated + saturated) in the blood.The human body requires and regulates a very precise and specific balance of oxygen in the blood. save hide report. Achieving wellness is a continuous, proactive process that requires personal commitment, goal-setting, and balance. In our case, the optimum… Optimum Firm: Definition and Explanation: Optimum firm is that firm which fully utilizes its scale of operation and produces optimum output with the minimum cost per unit production.. Recent research indicates that happiness is functional and generally leads to success. Safety partnership Our purpose is to achieve the optimum level of customer service and satisfaction by providing the highest quality service in Black and Color Rubber … Posted by 2 days ago. The responses suggest that traditionally underserved persons who are deaf are people who, without appropriate services, are seen as possessing the following characteristics: (It should be noted, however, that these descriptors apply to an individual who has, at the point and time of inclusion in this population, failed to reach his or her optimum level … Optimum in general means the best level of some variable to promote some reaction. share. ABSTRACT - Recreational shoppers enjoy shopping. Abstract. : In optimum weather conditions the annular eclipse is said to be a spectacular sight. Optimum vs Optimal • Optimal and optimum are normally synonyms meaning the best or the most favorable conditions leading to desirable results • Optimal and optimum are both adjectives, but while only optimum can be used as a noun, optimal can be used as an adverb as in optimally. optimum: The point at which the condition, degree, or amount of something is the most favorable. As adjectives, they have the same meaning: best; most favourable; most conducive to a good result They both come from the Latin optimus, meaning “best”. Optimum Stimulation Level: Its Relationship to Personality, Demographics, and Exploratory Behavior P. S. RAJU* Two studies are reported that examine the relationships between optimum stimulation level (OSL), selected personality traits, demographic variables, and exploratory behavior in the consumer context. 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