Stock Rationing in a Make-to-Stock Production System with Two Demand Classes and Service Level Constraint [pic] This paper studies the stock rationing problem of a single-item make-to-stock production system with two demand classes and lost sale. There are service level requirements for both demand classes. Demands follow Poisson distributions‚ and production time is exponentially distributed. We derive the condition of the existence of a feasible rationing policy of the problem first. Then the
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“THE RAPE OF THE LOCK”---SATIRE ON FEMININE FRIVOLITY: Social satire predominates in the work of Alexander pope. At a casual glance we can judge that the most of his work is satire on society. Satire is a way to criticize and condemn society for its evils. In fact it is a reaction to the moral indignation. Satire is a cynic way of depicting society. Dryden says that a satirist is no mere enemy of the offender than a physician to the patient. He prescribes the harsh remedies of inveterate diseases
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in today’s society is smoking. Yet each year‚ cigarette smoking kills more Americans than AIDS‚ alcohol‚ car accidents‚ homicides‚ suicides‚ illegal drugs and fires combined. Smoking is an extremely bad pastime‚ practiced for centuries‚ for an individual’s health and those surrounding him/her. People start for many different reasons and get addicted to the nicotine in cigarettes. Smoking cause many fatal diseases‚ but help is available to those who seek it. Cigarette smoking is a disgusting and unhealthy
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Chapter Four ABS Training 4.1 What is ABS? Anti-Lock Brake System (ABS) is a combination of vehicle hardware and software that work together to maintain steering control and vehicle stability during hard braking. Initially developed as a special option for topof-the-line models‚ today’s ABS units are compact‚ easy to service‚ inexpensive and widely available. Now every major automotive manufacturer offers some form of ABS vehicle control that provides safe‚ maximum braking under all weather conditions
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What was Cracker Barrel’s rationale for firing their LGBT employees? Does it make sense from a business perspective? Cracker Barrel used the rationale that they wanted to maintain an image of being a "family" restaurant that represented traditional American family values. And founder‚ Dan Evins felt that homosexuality did not fit into these American family values. I personally feel that it does not make business sense to discriminate against a certain group of people. But‚ when this incident
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As well as the paddlewheel boat‚ the canal lock helped to improve exploration and travel throughout Imperial China. When a boat entered the lock‚ a gate was lowered to hold in water. The water was then allowed to rise until it reached the level of the water up ahead. Then the boat floated on to its journey. To go “downhill”‚ water was released by the lock until it fell to the level of the water down below. Before the canal lock was invented‚ the Chinese had to drag their boats up stone ramps to reach
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the proposed employee stock option plan? In a typical stock option plan‚ the employee is offered a specific number of shares which he/she can exercise (buy) at some specified time in the future. The price at which the employee can buy the stock is equal to the market price at the time the stock option was granted (grant price). The employee ’s gain is equal to the market value of the stock at the time it is exercised‚ less the grant price. If the market price of the stock remains the same or decreases
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Corporate Finance Class Of 2014 V. Stock and Company Valuation Ian Garrett & % ’ $ 2 Some Terminology • Dividend – periodic cash distribution of (part of) profits from the company to its shareholdersa • Earnings Per Share (EP S) – profit divided by the number of shares outstanding • Payout Ratio – the fraction of earnings paid out • P/E Ratio – current share price divided by annual earnings per share: the multiple of earnings at which the stock currently sells can take other forms
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Stock dividend * Definition: * A corporate distribution to shareholders declared out of profits‚ at the discretion of the directors of the corporation‚ which is paid in the form of shares of stock‚ as opposed to money‚ and increases the number of shares. * A dividend paid as additional shares of stock rather than as cash. If dividends paid are in the form of cash‚ those dividends are taxable. When a company issues a stock dividend‚ rather than cash‚ there usually are not tax consequences
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The Rape of the Lock Canto 1 Summary The Rape of the Lock begins with a passage outlining the subject of the poem and invoking the aid of the muse. Then the sun (“Sol”) appears to initiate the leisurely morning routines of a wealthy household. Lapdogs shake themselves awake‚ bells begin to ring‚ and although it is already noon‚ Belinda still sleeps. She has been dreaming‚ and we learn that “her guardian Sylph‚” Ariel‚ has sent the dream. The dream is of a handsome youth who tells her that she
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