Scarce resource analysis

From ACT Wiki
Revision as of 01:11, 7 August 2021 by imported>Doug Williamson (Expand definition.)
Jump to navigationJump to search

Economics - microeconomics.

Scarce resource analysis is a planning technique that seeks to maximise financial contribution to fixed costs by making the best use of the scarce resource.

Overall profits are maximised - or overall profits minimised - by maximising contribution per unit of the available scarce resource.


See also