production possibility frontier(The production possibility frontier (PPF) is a curve depicting all maximum output possibilities for two goods, given a set of inputs consisting of resources and other factors. The PPF assumes that all inputs are used efficiently. Factors such as labor, capital and technology, among others, will affect the resources available, which will dictate where the production possibility frontier lies. The PPF is also known as the production possibility curve or the transformation curve. Read more: Production Possibility Frontier (PPF) investopedia.comAlexander Demidov)
localization rate(Masao Fujita, chairman of Komatsu in Russia and the CIS, told The Moscow Times that 10 percent of the parts for the HD-785-7 are made in Russia, while the company is aiming to achieve a 30 percent localization rate for its hydraulic excavators within six months. TMT Alexander Demidov)