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Marginal factor cost. In microeconomics, the marginal factor cost (MFC) is the increment to total costs paid for a factor of production resulting from a one-unit increase in the amount of the factor employed. [1] It is expressed in currency units per incremental unit of a factor of production (input), such as labor, per unit of time.
Microsoft Foundation Class Library. Microsoft Foundation Class Library (MFC) is a C++ object-oriented library for developing desktop applications for Windows . MFC was introduced by Microsoft in 1992 and quickly gained widespread use. While Microsoft has introduced alternative application frameworks since then, MFC remains widely used.
A mass flow controller ( MFC) is a device used to measure and control the flow of liquids and gases. [1] A mass flow controller is designed and calibrated to control a specific type of liquid or gas at a particular range of flow rates.
Total dynamic head. In fluid dynamics, total dynamic head ( TDH) is the work to be done by a pump, per unit weight, per unit volume of fluid. TDH is expressed as the total equivalent height that a fluid is to be pumped, taking into account friction losses in the pipe. where: Static lift is the difference in elevation between the suction point ...
In sound processing, the mel-frequency cepstrum ( MFC) is a representation of the short-term power spectrum of a sound, based on a linear cosine transform of a log power spectrum on a nonlinear mel scale of frequency.
A financial calculator or business calculator is an electronic calculator that performs financial functions commonly needed in business and commerce communities [1] (simple interest, compound interest, cash flow, amortization, conversion, cost/sell/margin, etc.). It has standalone keys for many financial calculations and functions, making such ...
A Most-Favoured-Customer Clause (MFC) is a contractual arrangement between vendor and customer that guarantees the customer the best price the vendor gives to anyone. The MFC prevents a company from treating different customers differently in negotiations.
Bacteriological water analysis is a method of analysing water to estimate the numbers of bacteria present and, if needed, to find out what sort of bacteria they are. It represents one aspect of water quality. It is a microbiological analytical procedure which uses samples of water and from these samples determines the concentration of bacteria.
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