resource-optimization

Vocabulary Word

Definition

'Resource-Optimization' is all about using resources most efficiently. Just like when you plan a car trip; you aim to use the least amount of gas and shortest route to reach your destination.

Examples in Different Contexts

In energy management, 'resource optimization' refers to the strategic use of energy sources to minimize costs and environmental impact. An energy manager might state, 'Our resource optimization strategy involves shifting to renewable energy sources to cut down on emissions and energy costs.'

Practice Scenarios

Tech

Scenario:

The server keeps running out of memory at peak times. We need a solution that ensures better performance.

Response:

Let's initiate a resource-optimization strategy for our servers, it might help us manage the peak loads better.

Business

Scenario:

Our project budget has been reduced. We need to think of ways to still meet our objectives with less.

Response:

I propose we focus on resource-optimization to get the most out of our reduced budget.