What did Moody’s do wrong‚ if anything? Legally‚ Moody’s did nothing wrong. But Moody’s‚ through it rating system‚ enabled other agencies to provide loads to individuals that were not qualified all in the name of financial gain. Was Moody’s at fault‚ no‚ was the financial system that Moody’s was part of‚ flawed – absolutely‚ yes. The issue that that Moody’s needed to address was how ethical were their decisions as a company as their revenue grew from $564 million in 1999 to nearly $2.3 billion
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Vandenberghe January 4‚ 2006 Chapter 2 Convex sets Exercises Exercises Definition of convexity 2.1 Let C ⊆ Rn be a convex set‚ with x1 ‚ . . . ‚ xk ∈ C‚ and let θ1 ‚ . . . ‚ θk ∈ R satisfy θi ≥ 0‚ θ1 + · · · + θk = 1. Show that θ1 x1 + · · · + θk xk ∈ C. (The definition of convexity is that this holds for k = 2; you must show it for arbitrary k.) Hint. Use induction on k. Solution. This is readily shown by induction from the definition of convex set. We illustrate the idea for k = 3‚ leaving the
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4D Scheduling; The Future of Planning? The purpose of this paper is to provide the reader with an understanding of the concept of 4D Scheduling‚ how and where it is used‚ whether it is currently of benefit to the construction industry and can it revolutionise planning in a positive manner for small‚ medium and large scale construction Projects. What is it? 4D Scheduling is a Programme which allows the Project Plan to interface with 3D software and build a live model which displays the Project
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LittleField In the LittleField Game 2‚ our team had to plan how to manage the capacity‚ scheduling‚ purchasing‚ and contract quotations to maximize the cash generated by the lab over its lifetime. We knew that our output was lower than demand right when Game 2 started. 1st stage‚ we knew there will be bottleneck at station 1 and 3 so additional machines must be purchased. We decided to purchase an additional machine for station 1 because it was $10‚000 cheaper‚ utilization was higher here‚ and
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Lisa P. Jackson. The President appoints an administrator for U.S. Environment Protection Agency and Congress can approve or decline the person. The US Environmental Protection Agency is an independent agency. The agency has approximately 17‚000 full-time employees and engages many more people on a contractual basis. The purpose of U.S. Army of Corps of Engineer is to provide vital public engineering services in peace and war to strengthen the nation’s security‚ energize the economy‚ and reduce risks
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LIP PRINTS The External surface of the lip has many elevations and depressions forming a characteristic pattern called lips prints. The approach is very similar to fingerprint analysis. The pattern of a lip pattern is unique to every person. Lip prints can be found on any surface that come in contact with the lips‚ for example‚ eating utensils‚ glasses‚ and cigarettes. There are many techniques to make lip prints visible as if you were making a latent fingerprint visible. There are two different
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The Future of Offset Printing The first printing press dates back almost 600 years. Printing has come a long way since its inception. Although digital color printing has its advantages‚ there is still a place for offset color printing. Most small businesses can greatly benefit by incorporating color printing into their marketing plan. Despite what you may have read‚ there are still people who leave the Internet thus wandering outside. Color printing in the form of posters can be a great marketing
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A new way to organize education is spreading like wildfire all over the United States. This system is called block scheduling‚ and it is the focus of a great deal of controversy. The philosophy behind this trend is that the longer periods offer more time for teachers to focus on the students individually and provide meaningful lessons‚ and that the smaller number of classes per day gives the students less stress due to the limited number of tests‚ quizzes‚ and homework assignments. This calls into
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Printing Press? As André Gide once said‚ “Man cannot discover new oceans unless he has the courage to lose sight of the shore.” During the 15th century the printing press was invented by Johannes Gutenberg. It had a massive effect on the world at the time. One of the most important effects was exploration. The printing press started a revolution because it made it easier to print more maps‚ and explore new routes. Without the printing press‚ Christopher Columbus
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Personnel Scheduling at United Airlines 1. T. J. Holloran and J. E. Bryn‚ “United Airlines Station Manpower Planning System‚” Interfaces‚ 16(1): 39–50‚ Jan.–Feb. 1986. Despite unprecedented industry competition in 1983 and 1984‚ UNITED AIRLINES managed to achieve substantial growth with service to 48 new airports. In 1984‚ it became the only airline with service to cities in all 50 states. Its 1984 operating profit reached $564 million‚ with revenues of $6.2 billion‚ an increase of 6 percent
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