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Ramp-up. Ramp-up is a term used in economics and business to describe an increase in a firm's production ahead of anticipated increases in product demand. Alternatively, ramp-up describes the period from completed initial product development to maximum capacity utilization, characterized by product and process experimentation and improvements. [1]
rap: [noun] a minimum amount or degree (as of care or consideration) : the least bit.
Example of Ramp-Up. One of the most notable examples of a ramp-up is automotive and energy company Tesla’s production of its all-electric Model 3 sedan. The Model 3 is probably the most anticipated among the company’s vehicle lineup, because of its affordability. Following the announcement of the model, the company faced an enormous demand ...
May 22, 2024 · 2 senses: 1. to increase or cause to increase 2. to increase the effort involved in a process.... Click for more definitions.
A ramp is a slope or an incline, a surface that tilts from one level to another. Someone using a wheelchair might need a ramp to get from the doorway of a building down to its parking lot.
1. US : a usually sloping road that connects a road to a highway. an exit/entrance ramp. — called also (British) slip road. — see also off-ramp, on-ramp. 2. : a piece of equipment with a slope that is used to join two surfaces that are at different levels or heights. The loading dock has a ramp. a wheelchair ramp [=a ramp for someone in a ...
From Longman Dictionary of Contemporary English ramp something ↔ up phrasal verb 1 to try to persuade people that a company’s share s are worth more than they really are To ramp up a share price during a takeover bid is unacceptable. 2 if a company ramps up an activity, it increases it Producers can quickly ramp up production. — ramp-up ...
