NSWERS TO Q UESTIONS 12.1 The average load expected over the course of the busiest hour of use during the course of a day. 12.2 The tradeoff is between efficiency and resilience. 12.3 A static routing strategy does not adapt to changing conditions on the network but uses a fixed strategy developed ahead of time. With alternate routing‚ there are a number of alternate routes between source and destination and a dynamic choice of routes is made. 12.4 Correctness‚ simplicity‚ robustness‚ stability
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Risk assessment and risk management Introduction There are many hazards associated in an industrial workplace. With new technologies‚ new machinery and constant updates with regulations it is more important now than ever before to produce efficient risk assessments. Good risk assessments reduce hazards and fatalities in dangerous areas in the workplace. A good risk assessment will make workers feel safer and therefore happier and promotes a good business structure within the company. A good risk
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Model of Service Quality 2 2-2 Variations of the Gaps Model Five Service Quality Gaps Variations of the Gaps Model Six Service Quality Gaps Variations of the Gaps Model 13 Service Quality Gaps (Gaps Model gone wild) Chapter Conceptual Framework of the Book: The Gaps Model of Service Quality The Customer Gap (Sometimes referred to as Gap 5) 2 The Provider Gaps: Gap 1 – The Listening Gap not knowing what customers expect Gap 2 – The Service Design and
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Electronic Data Interchange * Electronic data interchange (EDI) is the structured transmission of data between organizations by electronic means‚ which is used to transfer electronic documents or business data from one computer system to another computer system‚ i.e. from one trading partner to another trading partner without human intervention. It is more than mere e-mail; for instance‚ organizations might replace bills of lading and even cheques with appropriate EDI messages. It also refers
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Issue 1 2012-07-02 e-issn:1985-7527 IMPLEMENTATION OF RISK MANAGEMENT IN THE MALAYSIAN CONSTRUCTION INDUSTRY Lee Chun Siang and Azlan Shah Ali Faculty of Built Environment‚ University of Malaya 50603‚ Kuala Lumpur‚ Malaysia asafab@um.edu.my Abstract Risk and uncertainty constantly plagued construction industry compared with other business activities due to its characteristics of complexity‚ dynamic and time consuming. As risk management is predicting the unpredictable‚ it is one of
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Risk has two primary components for a given event: Likelihood is the probability of occurrence that event Impact of the event occurring (amount at stake). Four strategies to handle risk for a given event: 1. Avoidance This is a response type where you attempt to overcome the risk event by trying to stray away from or eliminate it altogether. You do something to your plan‚ so that the risk simply won’t occur. It involves a change in the concept‚ requirements‚ specifications‚ and/or
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Data Mining Weekly Assignment 6: LIFT; CRM; AFFINITY POSITIONING; CROSS-SELLING AND ITS ETHICAL CONCERNS. What is meant by the term “lift”? The term “lift” describes the improved performance of an exact or specific amount of effort on a modeled sampling‚ as opposed to a random sampling (Spang‚ 2010). In other words‚ if you are able to market via a model to say‚ a given number of random customers (e.g. 1000)‚ and we expect that 50 of them would be successful‚ then a model that can generate 75
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Session M1.1: Disaster Risk Management Terms and Concepts Note: For further detail definitions and concepts clarity‚ please visit United Nation International Strategy (UNISDR) website http://www.unisdr.org/eng/terminology/terminology-2009-eng.html Crisis A crisis is any event that is‚ or is expected to lead to‚ an unstable and dangerous situation affecting an individual‚ group‚ community‚ or whole society. Management often requires decisions to be made within a short timeframe & often an event
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Memorandum: Dell Business Risk Evaluation Dell Inc.‚ with fiscal 2005 net revenue of $49.2 billion‚ is a premier provider of products and services worldwide that enable customers to build their information-technology and Internet infrastructures. Dell offers a broad range of enterprise systems (servers‚ storage‚ workstations‚ and networking products)‚ client systems (notebook and desktop computer systems)‚ printing and imaging systems‚ software and peripherals‚ and global services. During calendar 2004
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difference between internal and external factors Internal factors that affect businesses come from within the business itself‚ without regard to any outside factors like customers and other businesses. External factors would be opposite. Internal factors: 1) Employee Turnover/Employee Satisfaction 2) Management of Resources 3) Research and Development External Factors: 1) Advertising 2) Quality of business reputation‚ or quality of products business produces 3) Competition by other
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