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 ?
7796 or the Technical Education and Skills Development Act of 1994, the Technical Education and Skills Development Authority (Tesda) was directed 'to formulate a comprehensive development plan for middle-level manpower, based on a national employment plan or policy for the optimum allocation, development and utilization of skilled workers for employment entrepreneurship, and technology development for economic and social growth.'
That is, there was a nexus between the business class and the ruling political class in Cyprus that impedes and distorts the optimum allocation of economic resources through the free market.
However, cheap local gas prices are a double-edged weapon - they help keep energy mix prices low but simultaneously lead to less optimum allocation of resources.
This mandate directs the TESDA to formulate a comprehensive development plan for middle-level manpower based on a national employment plan or policies for the optimum allocation, development, and utilization of skilled workers for employment entrepreneurship, and technology development for economic and social growth.
ANA considered factors such as the impact of the required Rolls Royce engine inspections and determined the optimum allocation of its resources for the second half of FY2018.
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.
Reasonable deployment can obtain the optimum allocation of WSN resources; thus the perceived quality of the sensor network can be greatly enhanced.
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.