standard

standard
Fin
a benchmark measurement of resource usage, set in defined conditions.
     Standards can be set on the following bases: on an ex ante estimate of expected performance; on an ex post estimate of attainable performance; on a prior period level of performance by the same organization; on the level of performance achieved by comparable organizations; and on the level of performance required to meet organizational objectives.
     Standards may also be set at attainable levels which assume efficient levels of operation, but which include allowances for normal loss, waste, and machine downtime, or at ideal levels, which make no allowance for the above losses, and are only attainable under the most favorable conditions.

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  • standard — STÁNDARD, standarde, s.n. 1. Normă sau ansamblu de norme care reglementează calitatea, caracteristicile (caracteristic), forma etc. unui produs; document în care sunt consemnate (consemna) aceste norme. ♦ (concr.) Produs realizat pe baza unui… …   Dicționar Român

  • Standard — Stand ard, a. 1. Being, affording, or according with, a standard for comparison and judgment; as, standard time; standard weights and measures; a standard authority as to nautical terms; standard gold or silver. [1913 Webster] 2. Hence: Having a… …   The Collaborative International Dictionary of English

  • standard — [stan′dərd] n. [ME < OFr estendard < Frank * standord, place of formation < Gmc * standan, to STAND + * ort, a place, orig., a point, akin to OE ord (see ODD): hence, orig., a standing place] 1. any figure or object, esp. a flag or… …   English World dictionary

  • Standard — Stand ard ( [ e]rd), n. [OF. estendart, F. [ e]tendard, probably fr. L. extendere to spread out, extend, but influenced by E. stand. See {Extend}.] 1. A flag; colors; a banner; especially, a national or other ensign. [1913 Webster] His armies, in …   The Collaborative International Dictionary of English

  • Standard e-1 — Constructeur …   Wikipédia en Français

  • standard — stan·dard n 1: something established by authority, custom, or general consent as a model, example, or point of reference the standard of the reasonable person 2: something established by authority as a rule for the measure of quantity, weight,… …   Law dictionary

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