“Efficiency is defined as the ratio of the observed level of attainment of a goal to the maximum that could have been achieved with the observed resources.”
maximal
(mathematics) The element of a set with the greatest magnitude.
(mathematics) Said of an ideal of a ring or a filter of a lattice: that it is as large as it can be without being trivial (improper).
(logic) Said of a set of well-formed formulas: that it is as large as it can be without being inconsistent; i.e. that for any well-formed formula φ, the set contains either φ or ~φ.
“He wasn't eligible for a larger raise because he was at the max of his salary grade.”
maximax
(economics) A strategy or algorithm that seeks to maximize the maximum possible result (that is, that prefers the alternative with the chance of the best possible outcome, even if its expected outcome and its worst possible outcome are worse than other alternatives); often used attributively, as "maximax strategy", "maximax approach", and so on.
“Similarly, one could also cite the much-deplored corporate fixation with the short-term maximisation of profits at the expense of longer-term strategies.”
“This creates the basis for monitoring compliance with the principles of maximisation of recovery and safe disposal.”
“It's not only about profit maximisation but also about social and ecological value creation.”
“Fortunately, dresses easily accommodate ages three to five, evolving from maxis to minis over the years.”
“Green striped maxis travel the north-south and central areas of Trinidad, POS to San Fernado, Couva and Claxton Bay.”
“The leading maxis were logging average speeds of between 13 and 15 knots and were still on course to smash the current crossing record of 14 days and five hours.”