Logistic Meaning: Definition, Examples, and Translations
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logistic
lo-gis-tic
Definition
mathematics, logistics
Logistic refers to a mathematical function that describes the growth of a quantity in a limited environment. It is commonly used in the fields of statistics, economics, and biostatistics to model population growth, market saturation, and other phenomena. The logistic function is characterized by its S-shaped curve, which represents how a quantity grows rapidly at first and then slows as it approaches a maximum limit. Additionally, 'logistic' can also relate to logistics in operations and supply chain management, focusing on the efficient movement and storage of goods.
Synonyms
operational, strategic, systematic.
Examples of usage
- The logistic growth model is widely used in ecology.
- We applied a logistic regression to analyze the data.
- Logistic distribution is useful for describing random variables.
- The company optimized its logistic processes to reduce costs.
Translations
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Quick facts about “logistic”
Logistic is a 3-syllable adjective (lo-gis-tic). It is pronounced /ɫəˈdʒɪstɪk/ in American English and /lədʒˈɪstɪk/ in British English. On finesentence.com it has 1 meaning, 3 synonyms, and translations into 21 languages. It ranks #14,959 among the most common English words.
Origin of 'logistic'
The term 'logistic' derives from the French word 'logistique,' which was used in a military context in the early 19th century to denote the art of moving and supplying troops. It is believed to have originated from the Greek word 'logistikos,' meaning 'skilled in calculating.' Over time, the application of logistics expanded beyond military use to encompass various fields such as transportation, logistics management, and even mathematics. In mathematics, the logistic function was introduced in the 19th century as a model for population growth, thanks to Pierre François Verhulst. Today, logistic concepts are integral to numerous disciplines, from business and management to biology and statistics.
Rhymes
Logistic rhymes with anachronistic, deterministic, dualistic, feudalistic, hellenistic, imperialistic, impressionistic and novelistic.