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cost function

   Also found in: Medical, Wikipedia 0.01 sec.
cost function [′kȯst ‚fəŋk·shən]
(systems engineering)
In decision theory, a loss function which does not depend upon the decision rule.


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Not only do you have a cost function that's stretching your dollars further, but also on the production side, the companies are simply getting more out of their wells due to refined completion programmes, as compared to previous periods," he added.
Materials and methods Pairwise cost function A pairwise cost function used in the field of pattern recognition (Roth et al.
Since the production function is supposed to be concave, the cost function C is convex.
 
 
 
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