epidemiological model. a mathematical model, which may be a computer simulation model, of a disease for the purpose of studying the behavior of the disease in a variable animal population under variable conditions of climate, density of population, mix of population, and so on.. The model is based on a series of linear equations with a linear equation, called the objective function, as the desired end. Such an end could, in the determination of lowest cost rations, be the total cost of each ration. mathematical model.
(Limited)' mean. Ltd., or Limited, is a suffix that follows the name of a company, indicating it is a private limited company. This is an incorporation available under British, Irish and some Commonwealth countries' laws. In a limited company, shareholders' liability is limited to the capital they originally invested.
From Wikipedia, the free encyclopedia. In a limited company, the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by shares or by guarantee. The former may be further divided into public companies and private companies. Who may become a member of a private limited company is restricted by law and by the company's rules.