Any system that enables the storage of digitized data on magnetic media (e.g. CDs, DVDs), with database indexing so that data can be retrieved online.

the term that describes a thing that isn’t there such as a mirage.

Plastic disks (e.g. CDs, DVDs) used for storing and writing data. These disks can be read and written onto by laser devices.

Nobility; men of the highest rauk. Optimam esse legem, quae minimum relinquit arbitrio judicis; id quod certi- tudo ejus praestat. That law is the best which leaves the least discretion […]

The best or most valuable, although not necessarily in all circumstances . For instance, the candidate who best satisfies the criteria for a job would be the optimal candidate.

Production level resulting in the lowest cost per unit.

A contract that minimizes costs for all parties involved.

An area in which common currency will improve economic efficiency, based on a theory credited to Robert Mundell.

The manufacturing plant that incurs the lowest overall cost amongst all available alternatives.

The price point at which maximum profits will be achieved.

The solution that best utilizes available resources to achieve the companys aims. No amount of tinkering will improve such a solution. Such solutions are difficult to ascertain statistically and are […]

The largest quantity of instruction a trainee or student can digest, without experiencing some loss of motivation or instructional uptake.

The process of identifying the most efficient or highest quality outcome, given current constraints, by maximizing positive factors and minimizing negative factors.

Production system that takes account of capacity constraints in the production process and does not attempt to continuously operate at full capacity. The aim is not to produce as many […]

Situation in which a company is producing a high quantity of goods at the lowest possible cost per unit.

In English ecclesiastical law . A customary prerogative of au archbishop, when a bishop is consecrated by him, to name a clerk or chaplain of his own to be provided […]

On this date, payment is necessary for reservation purposes.

A mutual fund that primarily trades in options.

A buyer of options who has yet to exercise or sell an option.

When the exposure is measured through an option price framework.

When a buyer can be paid off on their best or worse selling assets.

When a buyer can be paid off according to their best or worse performing assets and cash.

When a buyer can get paid off by looking back at the peak.

The amount a buyer pays and seller receives for granting the right to an option for a specified period of time.

The price to be paid by an investor for an option contract, based upon the security of the underlying asset and the time left until the option expires.