optimum allocation


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optimum allocation

[′äp·tə·məm ‚al·ə′kā·shən]
(statistics)
A procedure used in stratified sampling to allocate numbers of sample units to different strata to either maximize precision at a fixed cost or minimize cost for a selected level of precision.
References in periodicals archive ?
measuring the real and potential impact to society, environment and the economy whilst driving the optimum allocation of resources to productive economic activities.
Can the government raise the odds that markets will trust the price of public debt to remain at the value [beta] that is needed to support an optimum allocation of resources in the private sector?
Tests also were conducted using an optimum allocation method that minimized sampling error for the sample sizes being considered.
In the process, the tax system has become highly inefficient, comes in the way of optimum allocation of resources for production and consumption, and undermines investments and economic growth.
It automatically calculates the optimum allocation of usable hardware resources as well as the input data format, and it optimizes the execution of parallel processing on multiple cores.
Capital markets are the main mechanism facing today's global economy in absorption and optimum allocation of saving resources into investing consumptions and financing massive projects.
Qalebani urged South Pars managers to evaluate their annual financial needs based on the priority of projects under implementation in order to provide grounds for the optimum allocation and targeted as well as maximum use of resources to launch and develop the phases of the South Pars gas field.
Thus, the complexity problem of waterfilling-based power allocation can be accepted as long as it achieves optimum allocation.
Raja Amjad Mehmood has suggested for optimum allocation of resources to promote public health management in the country.
Optimum allocation analysis has recently shown value in using acoustic data variances as surrogates of seabed heterogeneity to allocate efficiently the ground-truthing effort that minimizes survey coefficients of variance.
The exception was British Columbia where a stratified sample with optimum allocation of effort was used (Hodges and others 1984).
The marketisation of higher education is accepted on the grounds that free markets ensure the optimum allocation of resources (through competition) and benefit society.