concave cost model - meaning and definition. What is concave cost model
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What (who) is concave cost model - definition

COST 231 model; Cost 231 Model; Cost hata model; COST 231 Model

Cost, Texas         
HUMAN SETTLEMENT IN TEXAS, UNITED STATES OF AMERICA
Cost, TX
Cost is an unincorporated community in Gonzales County, Texas, United States. According to the Handbook of Texas, the community had an estimated population 62 in 2000.
Cost reduction         
PROCESS USED BY COMPANIES TO REDUCE THEIR COSTS AND INCREASE THEIR PROFITS
Cost-cutting; Cost cutting; Cost saving; Cost-saving
Cost reduction is the process used by companies to reduce their costs and increase their profits. Depending on a company’s services or products, the strategies can vary.
Opportunity cost         
  • Simplified example of comparing economic profit vs accounting profit
  • Demand and supply of hospital beds and days during Covid-19q
  • Opportunity cost to implement additional hijacking prevention methods
WHEN PRESENTED WITH MULTIPLE OPPORTUNITIES, THE COST OF MAKING A CERTAIN CHOICE IN COMPARISON TO ITS ALTERNATIVES
Alternative cost; Hidden cost; Opportunity costs; Opportunity Cost; Oppurtunity Cost; Oppetunity cost; Hidden costs; Opprtunity cost
In microeconomic theory, the opportunity cost of a particular activity is the value or benefit given up by engaging in that activity, relative to engaging in an alternative activity. More simply, it means if you chose one activity (for example, an investment) you are giving up the opportunity to do a different option.

Wikipedia

COST Hata model

The COST Hata model is a radio propagation model (i.e. path loss) that extends the urban Hata model (which in turn is based on the Okumura model) to cover a more elaborated range of frequencies (up to 2 GHz). It is the most often cited of the COST 231 models (EU funded research project ca. April 1986 – April 1996), also called the Hata Model PCS Extension. This model is the combination of empirical and deterministic models for estimating path loss in an urban area over frequency range of 800 MHz to 2000 MHz.

COST (COopération européenne dans le domaine de la recherche Scientifique et Technique) is a European Union Forum for cooperative scientific research which has developed this model based on experimental measurements in multiple cities across Europe.