Proceedings of the 2005 Winter Simulation Conference M. E. Kuhl‚ N. M. Steiger‚ F. B. Armstrong‚ and J. A. Joines‚ eds. RISK MANAGEMENT IN SUPPLY NETWORKS USING MONTE-CARLO SIMULATION Léa A. Deleris Feryal Erhun Department of Management Science and Engineering Stanford University Stanford‚ CA 94305 U.S.A. ABSTRACT Trends such as (1) globalization‚ (2) heavy reliance on transportation and communication infrastructures‚ and (3) lean manufacturing have led to an increase in the vulnerability of
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by express or implied contract or by law‚ in which one party (the agent) may act on behalf of another party (the principal) and bind that other party by words and/or actions. The etymology of the word agent or agency says much. The words are derived from the Latin verb ago‚ agere (the respective noun agens‚ agentis). The word denotes one who acts‚ a doer‚ force or power that accomplishes things.1 Agency is the exception to the doctrine of privity under the law of contract. 2. LIABILITY OF A PRINCIPAL
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else may work with multiple or with self-business‚ and accept direction‚ but this factor has ultimately more control over the work she/he accepts‚ and how‚ when‚ and where it is produced. Employees often stay with one employer for a long period of time‚ whereas an independent contractor is usually only working for the company on a single project or for a short period‚ although there are exceptions. In the United States‚ self-employed‚ sole owners‚ independent contractors‚ therefore‚ it is subject
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Case Study: Northeastern Mutual Life: Preparing for Employee Terminations ------------------------------------------------- ------------------------------------------------- Introduction Northeastern Mutual Life‚ the major subsidiary of the Calgary Insurance Group‚ is one of the largest life insurance providers in Canada. Northeastern Mutual Life has more than three million individual and business customers in Canada. Among its nine thousand employees‚ Northeastern Mutual Life employs two thousand
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Abortion Abortion is the intentional termination of a pregnancy after conception. It allows women to put an end to their pregnancies‚ but involves killing the undeveloped embryo or fetus. Supporters of abortion rights argue that the embryo or fetus is not a person‚ or at least that the government has no right to ban abortion unless it can prove that an embryo or fetus is a person. However‚ those who are against it think differently. Abortion is often used for those who has an unplanned pregnancy
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CONTRACT & AGENCY LAW END-OF-COURSE ASSESSMENT JULY 2012 PRESENTATION Submission Date : 08 Sept 2012 Question 1: Legal issues: As there are different parts to “Clause 8” in the employment contract which Julia as an employee has signed with Calypso Private Limited‚ we shall examine four separate legal issues. The first legal issue is whether Calypso is able to enforce part (a) of Clause 8 which states that Julia shall not be directly or indirectly
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Effects of a Breach of Contract There are various types of contract with in the world of law such as civil law which deals with relations between individual citizens where as private law focuses on the relations between ordinary people on a day to day basis‚ both types of law include the law of contract. A contract is an agreement that is legally enforceable and therefore can be settled within a court of law‚ however how can we distinguish between a contract and any other form of non-legally enforced
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construction took several years for single person. Able to understand the behavior of the difficult multifaceted social system problems adequately to even initiate hypothesize the realistic solution‚ entailing a high profitability of executing the initial time‚ is almost unattainable without adequate understanding of the feedback loops concerned (Knight & White‚ 2009). How feedback loop is used in solving complex problems In the complex systems‚ the problem symptoms arise from factors generated by the
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Option B a) Late Interim Payments by Employer The various contractual provisions in relation to the late interim payments by the Employer will be addressed with the use of the JCT Standard Building Contract With Quantities 2005 Edition (JCT SBC05) Revision 2 2009. According to Clause 4.13.1 of the (JCT SBC05) Rev 2 2009‚ the Employer is obliged to pay the amount due as stated in the Interim Certificate within 14 days from the date of issue. According to Clause 4.13.3 & 4.13.4 of the (JCT SBC05)
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Individual Compulsory Assignment Business Law - December 2013/January 2014 This paper is available on Fronter Friday 20th December 2013 at 08.05. Your answer must be uploaded on Fronter by Monday 6th January 2014 at 23.55 Danish time. All questions must be answered with references to relevant Acts and section numbers – remember to use legal argumentation. A story about the Petersen family and the car dealer “Walter Auto” The Petersen family‚ consisting of parents Carol and Christian
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