A linear programming problem in which it is required to find the least costly mix of ingredients which yields the desired product characteristics.



Related Terms

LEDGE

On the sea floor, a rocky, projection or datum outcrop, commonly linear and near shore

ACCURACY

The degree to which measurement by a field instrument compares with measurement by a laboratory instrument or other standard reference equipment. The instrument accuracy represent an allowable tolerance limit for single readings by a specific device. These tolerances (+ and -) are the maximum ranges of error for recording the product movement.

QUALITY ASSURANCE

All those planned and systematic actions necessary to provide adequate confidence that a product or service will satisfy given requirements for quality.

BATCH BOX

A container of known volume used to measure and mix the constituents of a batch of concrete, plaster, or mortar, to ensure proper proportions.

HYDRAULIC ACTUATOR

A device for converting hydraulic energy into mechanical energy, pressure into linear movement or rotation.

QUALITY

The totality of features and characteristics of a product or service that bear on its ability to satisfy stated or implied needs.

ELASTIC DESIGN

In the design of a structural member, a method of analysis based on a linear stress-strain relationship, with the assumption that the working stresses constitute only a fraction of the elastic limit of the material.

EQUATION OF PIEZOTROPY

An equation obeyed by certain fluids which states that the time rate of change of the fluid's density equals the product of a function of the thermodynamic variables and the time rate of change of the pressure.

BASIC FEASIBLE SOLUTION

A basic solution to a linear program model in which all the variables are non-negative.

FOREIGN TRADE ZONE

Known in some countries as a free zone, a foreign trade zone (FTZ) is a site within the USA (in or near a U.S. Customs port of entry) where foreign and domestic goods are held until they ready to be released into international commerce. If the final product is imported into the U.S., duties and taxes are not due until the goods are release into the U.S. market. Merchandise may enter a FTZ without a formal Customs entry or the payment of Customs duties or government excise taxes. In the zone, goods may

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