There are several measures of complexity for refineries. The most publicly used is the Nelson Complexity Index (NCI) developed in the 1960s by Wilbur Nelson in a series of articles for the Oil and Gas Journal. The NCI is a pure cost-based index. It provides a relative measure of refinery construction costs based upon the distillation & upgrading capacity a refinery has. The index assigns a complexity factor to each major piece of refinery equipment based on its complexity and compared with simple crude
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The environment affects the organizations in two dimensions. The first dimension is the complexity dimension4a which refers to the number of environmental sectors. The second dimension is the instability dimension which refers to the rate of environmental changes with these sectors. Organizations respond differently with complexity and with instability. Organization structure that deals with complexity can be mechanistic or organic in nature. But the organization structure that deals with
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Memory Span and Word Complexity Abstract The problem being investigated is word complexity on memory span. The design used for the experiment is within‚ due to information to be recognised within one group. For the experiment to take place fourteen undergraduate participants had volunteered. The participants were based in one room using a computer and the software package called PowerPoint. The participants were shown a list of twenty chronological words‚ ten of simple words and ten of compound
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Goal specificity is central to goal-setting theory. I would expect task complexity to have a significant impact on the optimal degree of goal precision: the more complex an activity - hence the less clear the effort-performance link is - the more arbitrary and risky I assume to be the setting of very specific goals‚ given that the individual cannot directly link his inputs to the goal attainment. Is in those cases more effective to shift from setting goals as specific-result parameters to setting
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The definition of complexity is “the state or quality of being intricate or complicated.” All narrative stories include the elements that help explain thresholds of increasing complexities. In like manner‚ in the modern scientific origin story‚ a way that explains the thresholds of increasing complexity is how these origin stories formed itself into a new complexity. In addition‚ for the“The Absolutely True Diary of a Part-Time Indian‚” a way that this story helps to explain thresholds of increasing
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the state of the macroeconomic envi- ronment. The research concludes that foreign direct investments act as a catalyst for the economic growth‚ enabling the real economy to react positively to the impulses of the financial flows. THE COMPLEXITY OF FOREIGN EXCHANGE INTER-CONNECTIVITY WITH MACRO-FINANCIAL RELATED VARIABLES: ANALYTICAL PERSPECTIVE ON THE CEE MARKETS Adrian Morar TRIANDAFIL University for Finance and Banking‚ Bucharest‚ Romania 3‚ Negru Vodă‚ 3rd district
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Complexities of the U.S. Financial System Vicki Cooley Joseph Arbeiter Principles of Finance Joseph Arbeiter Complexities of the U.S. Financial System Vicki Cooley “A financial market is a market in which individuals and businesses are given the opportunity trade financial securities‚ commodities‚ and other fungible items of value at low costs and at prices that reflect the current supply and demand. Securities include stocks and bonds. Commodities include precious metals or agricultural goods
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There are a few marketing elements that can bring richness to the business which is competitive advantages‚ brand loyalty and brand positioning. The first marketing elements that brings richness to the business are competitive advantages. It enables a business organization to thrive. Competitive advantages is the objectives of strategy and it is the combination of elements in the business model which allow a business to better satisfy the needs in its environment‚ earning economic rents in the process
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a) Explain the concept of ‘Irreducible Complexity’. [25marks] The concept of Irreducible Complexity comes from the argument about Intelligent Design. The argument refers to certain features that are present within the universe and within living organisms and where they possibly came from. Those who argue irreducible complexity say that these features are too complex to not have come from design‚ whereas those who argue against irreducible complexity say that it is possible for these complex features
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METHODOLOGY FOR MEASURING PROJECT COMPLEXITY Introduction Project managers and practioners in the area of project management frequently describe their projects as simple or complex when discussing management issues [1]. This indicates a practical acceptance that complexity makes a difference to the management of projects [2]. Complexity models provides project managers and leadership teams with direction on how to set up a project and manage it based on its level of complexity so that risk can be minimised
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