consumptionmanagement
nounUK /kənˈsʌmpʃən ˈmænɪdʒmənt/
US /kənˈsʌmpʃən ˈmænɪdʒmənt/
Consumption management is the job of keeping track of how much people use or buy things so nothing is wasted.
The city uses consumption management to make sure it does not run out of water in summer.
RELATED WORDS
OTHER MEANINGS
2. In business, it means watching and controlling how much energy or materials a company uses.
The factory's consumption management cut its electricity bill in half.
3. In economics, it means planning how much people spend and buy to keep the economy steady.
The government studied consumption management to help families save money.
4. In health, it means keeping track of how much food or medicine someone takes.
Her doctor used consumption management to make sure she took the right amount of medicine.