Scarce resource analysis: Difference between revisions
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imported>Doug Williamson (Expand definition.) |
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== See also == | == See also == | ||
* [[Contribution]] | * [[Contribution]] | ||
* [[Incremental cash flows]] | |||
* [[Limiting factor]] | * [[Limiting factor]] | ||
* [[Microeconomics]] | * [[Microeconomics]] |
Revision as of 01:11, 7 August 2021
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.