This paper is by Anupam Basu The term ‘failure’ here will be discussed in the context of replacement decisions. There are two types of failure: (1) Gradual failure‚ and (2) Sudden failure. Gradual Failure Gradual failure is progressive in nature. That is‚ as the life of an item increases‚ its operational efficiency also deteriorates resulting in Increased running (maintenance and operating) costs. Decrease in its productivity. Decrease in the resale or salvage value. Mechanical
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1.1 INTRODUCTION Industrial has revolution led to the emergence of large scale business organizations. These organization require big investments and the risk involved is very high. Limited resources and unlimited liability of partners are two important limitations of partnerships of partnerships in undertaking big business. Joint Stock Company form of business organization has become extremely popular as it provides a solution to (2) overcome the limitations of partnership business. The Multinational
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IV. Arbitration Types of arbitration: 1. "ad-hoc" (occasional) arbitration 2. institutional arbitration; 3. internal and international arbitration; 4. civil and commercial arbitration; 5. arbitration "in law"; 6. arbitration"in equity". 1. Ad - hoc (or occasional) arbitration Ad-hoc arbitration is a non-institutional arbitration that the parties organize
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Types of Environment Audits Site Audit 1. Reclamation of Land * Important because the inception of the Mining Act was passed in 1869. * was periodically amended and in 1991 included closure and reclamation * Therefore‚ after the amended Mining Act in 1991 when a mine begins its operation it must have plans‚ procedures and funds to restore the land to its natural state. 2. Longer term protection of close sites * A closed mine site can be monitored forever due to the hazardous
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Types of Constitution * Written and Unwritten Most constitutions are enacted or codified‚ either in a single document or series of documents. Many countries have followed the models of the US or French constitutions. The UK constitution is considered to be unwritten‚ despite key documents such as the Human Rights Act 1998 which could be viewed as constitutional documents there is no systematic code. The only other states not to have entirely written constitutions are New Zealand and Israel
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during long history of human being. To some extent‚ the contemporary and modern international history is also the history of chasing hegemony by powers. According to patterns or methods taken by the hegemonist to maintain hegemony‚ three different types of hegemonies exist. They are strength hegemony‚ institution hegemony and culture hegemony. Strength hegemony is the traditional hegemony. It emphasizes the importance of force. Using force and threat against the territory integrity and political
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A discussion of the regions (or bands or types) of the electromagnetic spectrum is given below. Note that there are no precisely defined boundaries between the bands of the electromagnetic spectrum; rather they fade into each other like the bands in a rainbow (which is the sub-spectrum of visible light). Radiation of each frequency and wavelength (or in each band) will have a mixture of properties of two regions of the spectrum that bound it. For example
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TYPES OF ACCOMMODATION When you want go for a holiday the first stage in deciding where to stay and which of the accommodation would you like to choose is very important. You should find the place which best suits your needs‚ depends on your budget‚ your age‚ if you are travelling by yourself‚ with a group of friends‚ if you are taking your children on a family holiday‚ how old they are and if you just want to lie on the beach and relax or if you want a bit more of an action packed trip.
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TYPES OF COMPUTERS The types of computers range from the Hybrid to the Analog types. The computers you come across in the daily course of your day range from laptops‚ palmtops and towers‚ to desktop computers‚ to name a few. But the very word “computers” reminds one of the desktop computers used in offices or homes. Different categories of computes have been devised in keeping with our varied needs. The Types Of Computers: Analog and Hybrid (classification based on operational principle)
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What Is Inflation? Inflation is when the prices of most goods and services continue to creep upward. When this happens‚ your standard of living falls. That’s because each dollar buys less‚ so you have to spend more to get the same goods and services. If inflation is mild‚ it can actually spur further economic growth. If prices rise slowly and gradually‚ it can encourage people to buy now and avoid future price increases. This increases demand‚ driving further economic growth. In this way‚ a
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