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Joint product information


In economics, joint product is a product that results jointly with other products from processing a common input; this common process is also called joint production.[1] A joint product can be the output of a process with fixed or variable proportions.

  1. ^ Wouters, Mark; Selto, Frank H.; Hilton, Ronald W.; Maher, Michael W. (2012): Cost Management: Strategies for Business Decisions, International Edition, Berkshire (UK), p. 532.

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Joint product

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economics, joint product is a product that results jointly with other products from processing a common input; this common process is also called joint production...

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Joint product pricing

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In microeconomics, joint product pricing is the firm's problem of choosing prices for joint products, which are two or more products produced from the...

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Waste

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use. A by-product, by contrast is a joint product of relatively minor economic value. A waste product may become a by-product, joint product or resource...

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Joint cost

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more than one product or process in the manufacturing process. These costs are called joint costs. Almost all manufacturers incur joint costs at some...

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Main product

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A main product is a joint output that generates a significant portion of the net realizable value (NRV) within a joint production process. The classification...

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HESA Saeqeh

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single-seat jet fighter, derived from the American Northrop F-5. A joint product of the Islamic Republic of Iran Air Force and the Iranian Ministry of...

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Collective action

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collaborative effects, amongst other things. Here are only some examples: A joint-product model analyzes the collaborative effect of joining a private good to...

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Joint venture

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and product parts. Many JVs are formed as public limited companies (LLCs) because of the advantages of limited liability. In Ukraine, most of joint ventures...

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Systems architect

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likely solution spaces. The user requirements specification should be a joint product of the users and architect: the users bring their needs and wish list...

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Expansion joint

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A expansion joint, or movement joint, is an assembly designed to hold parts together while safely absorbing temperature-induced expansion and contraction...

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Joint probability distribution

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are the joint distribution. In any one cell the probability of a particular combination occurring is (since the draws are independent) the product of the...

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Product lifecycle

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In industry, product lifecycle management (PLM) is the process of managing the entire lifecycle of a product from its inception through the engineering...

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Competitor analysis

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such as penetration, price discrimination, price skimming, product bundling, joint product pricing, discounts, or loss leaders. It may also indicate a...

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Universal joint

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A universal joint (also called a universal coupling or U-joint) is a joint or coupling connecting rigid shafts whose axes are inclined to each other. It...

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Main Ground Combat System

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Retrieved 10 August 2022. GUILLEMIN, Matthias. "KNDS presents its first joint product exclusively at Eurosatory". Nexter. Archived from the original on 20...

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Pearson correlation coefficient

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data. It is the ratio between the covariance of two variables and the product of their standard deviations; thus, it is essentially a normalized measurement...

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Product management

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Product management is the business process of planning, developing, launching, and managing a product or service. It includes the entire lifecycle of...

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Discourse marker

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and resources.[citation needed] Discourse markers can be seen as a “joint product” of grammaticalization and cooption, explaining both their grammatical...

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Intellipublia

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Intellipublia is the Joint Product Line. Intellipublia's Joint Product Line (JPL) combines official agency review with emergent content for joint or "purple" output...

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Chronicle of Arbela

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volume 468 of the Corpus Scriptorum Christanorum Orientalium series, a joint product of the Catholic University of America and Louvain Catholic University...

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Automotive industry

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procedure is called product recall. Product recalls happen in every industry and can be production-related or stem from raw materials. Product and operation...

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Product of exponentials formula

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axes for each joint. The POE method was introduced by Roger W. Brockett in 1984. The following method is used to determine the product of exponentials...

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Jiangling Motors

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Chile. In 1997, JMC and Ford started the production of their first joint product, the Ford Transit, with JMC supplying various key components (as engines...

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Foreign market entry modes

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are five common objectives in a joint venture: market entry, risk/reward sharing, technology sharing and joint product development, and conforming to the...

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