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maximization

maximization

3 5.9
The act of making something as large or as great as possible
  • noun
  • /ˌmæksɪmaɪˈzeɪʃən/
translation icon : maximización
  • OK, so profit maximization requires production efficiency.
  • profit maximization
  • wealth maximization
  • utility maximization

So profit maximization is a hill climbing exercise.

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Examples

  • Under an economic model that prioritizes the maximization of aggregate income, it is inevitable that jobs will be outsourced.

    Academic text (2012)
  • Strategies that have proved successful include reimbursement planning, revenue maximization, cash management, and resource management.

    Academic text (1993)
  • Social goals can replace profit maximization as a powerful motivating influence.

    Academic text (1998)
  • Such a concentration of AIDS-related care in a few facilities permits maximization of available care at a minimal cost.

    Academic text (1992)
  • The axioms of perpetual economic growth and short-term profit maximization are coming under increasing scrutiny and attack.

    Academic text (1991)
  • Grameen's experience substantially affirms the notion that profit-maximization is not the only force stimulating free enterprise.

    Academic text (1998)
  • Businesses often focus on maximization of their profits to compete effectively in the market.

  • The maximization of resources is crucial for improving overall efficiency in any project.

  • Effective strategies for maximization can lead to significant increases in a company's market share.

Synonyms

maximation
vsmaximization
9.9

The act of raising something to its highest possible level

is the common standard form used for that same process
maximizing
vsmaximization
4.2

To make something as big or useful as possible

is a noun for the general act or process rather than the action

Antonyms

5 5.5

The act of making something as small as possible

How Large

maximization
3 5.9
expansion
241 3.3
enlargement
11 3.3
growth
1.6
increase
524 1.0

Surface Forms

maximization singular
maximizations plural

Morphology

maximization = maximize (transparent) = maximize + ation

Formed by the noun-forming suffix '-ation' on the verb 'maximize'; the meaning is directly the act or process of maximizing.

Etymology

Maximization comes from the Latin word maximus, meaning 'greatest', and from the familiar English words maximum or max. So maximization is the act of making something as big or as effective as possible, which is why we use it when we want the biggest result.