This figure assumes that the main reference set‚ covers the indicated circle of sections A‚ B‚ C. The solution 1 is created from a convex combination of reference solutions A‚ B that is added to the reference set as the only solution. In a similar way‚ combining of convex and non-convex reference of new and original solutions are created points 2‚ 3 and 4. The complete reference set are including 7 solutions (members) that is shown in the figure above. In genetic algorithm‚ two solutions are selected
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management. Economics is the science that deals with the production‚ distribution‚ and consumption of wealth‚ and with the various related problems of labor‚ finance‚ taxation‚ etc. (Webster’s New World) Economics is the study of choice and decision-making in a world with limited resources. Right and prudent administration of assets‚ Public wealth‚ set of services and economic interests. The study of the choices people make to cope with scarcity. Economics is the study of how to use
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Week 2 Text Problem Set Candy Wungnema FIN/571 February 5‚ 2013 Kathleen O’Keefe Week 2 Text Problem Set Chapter 5 4. Define the following terms: bond indenture‚ par value‚ principal‚ maturity‚ call provision‚ and sinking fund. • Bond indenture: A contract for a bond defining specified terms for interest and borrowed capital to be repaid to the lender. • Par value: “Specifies the amount of money that must be repaid at the end of the bond’s life‚ which is also called face value
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their self interest‚ they mean that individuals: a) look for and pursue opportunities to increase their utility.** b) generally disregard the interests of others. c) are mainly creatures of habit. d) are usually impulsive and unpredictable. 3. A person should consume more of something when its marginal: a) benefit exceeds its marginal cost.** b) cost exceeds its marginal benefit. c) cost equals its marginal benefit. d) benefit is still positive. 4. Microeconomics is concerned with:
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The purchase of a used car 2) Economics is the study of a) the choices everybody makes to attain their goals‚ given their scarce resources. b) supply and demand. c) how to make money in a market economy. d) how to make money in the stock market. 3) The economy is considered to be at full employment when a) all unemployment is voluntary. b) all unemployment is frictional or structural. c) there are no unemployed workers. d) there are more unemployed workers than job vacancies. 4)
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Expert Systems Ajith Abraham Oklahoma State University‚ Stillwater‚ OK‚ USA 1 Problem Solving Using Heuristics 2 What are Rule-based Systems? 3 Inference Engine in Rule-based Systems 4 Expert System Development 5 Fuzzy Expert Systems 6 Modeling Fuzzy Expert Systems 7 Illustration of Fuzzy Expert System Design 8 Adaptation of Fuzzy Inference Systems 9 Summary References 909 910 911 911 912 914 914 918 918 919 1 PROBLEM SOLVING USING HEURISTICS A general introduction to artificial intelligence methods
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air-travel‚ enabling greater movement of people and goods across the globe. 2. Containerisation. From 1970‚ there was a rapid adoption of the steel transport container. This reduced the costs of inter-modal transport making trade cheaper and more efficient. 3. Improved technology which makes it easier to communicate and share information around the world. E.g. internet. For example‚ to work on improvements on this website‚ I will go to a global online community‚ like elance.com. There people from any country
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Introduction……………………………………………………………………………...…..3 Rationale for promoting economic growth in Singapore………………………………….5 Small Medium Enterprises Development Tourism Education Hub and Standard of Living The challenges for Singapore economics growth in the next 50 years……………………7 Low Birth Rate and Aging-Population Limited Land Strategies and Programs for Singapore economic grow planning in 55 years…………...9 Baby Bonus Childcare and maternity benefits Speed Dating Program Sea Reclaim to solve the limited land problem Conclusion...…………………………………………………………………………………11
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mitigate agency problems between senior executives and shareholders‚ the compensation committee of the board should devote more to long term incentives; the idea is to align the pocketbook interests of managers directly with those of stockholders‚ and the reason is to motive a manager and make him or her to act in the interests of the firm’s stockholders depends on the structure of his or her compensation package‚ the threat of dismissal‚ and the threat of takeover by a new group of owner. 3. Yes‚ I
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The University of Alberta Economics 102 – B1 Introduction to Macroeconomics First Term Examination Special Code: 24 A. Wong 90 Minutes 1. 2. 3. 4. 5. 6. July 15‚ 2010 Section I: Multiple Choice. Do all 50 questions for 50 marks on the NCS sheet provided in pencil. Each question is worth 1 mark. For each questions‚ choose the BEST possible answer. The goal of macroeconomics is a. to explain how economic changes affect prices of particular goods. b. to devise policies
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