The importance in promoting, sustaining industries, manufacturing systems and economy through reliability measurement has become an area of interest. The profit of a system may be enhanced using highly reliable structural design of the system or subsystem of higher reliability. On improving the reliability and availability of a system, the production and associated profit will also increase. Re...

London said: " We would look at UCL becoming increasingly a postgraduate institution. That doesn't mean we would cut undergraduate numbers, but the business case means it would be foolish to expand home undergraduates and, if we can expand, our preference would be towards postgraduates. " Meanwhile many universities are carrying out a major restructuring of their research programmes, with serio...

To make informed forecasting and replenishment decisions, many companies bring together operational elements of production and distribution with sales and marketing, executing Sales and Operations Planning (S&OP) collaborative improvement processes. As cross-functional and consensus-based processes, S&OP activities create value by keeping supply and demand in balance. But most S&OP arrangements...

INTRODUCTION A major obstacle in data mining applications is the gap between the statistic-based pattern extraction and the value-based decision-making. Profit mining aims to reduce this gap. In profit mining, given a set of past transactions and predetermined target items, we like to build a model for recommending target items and promotion strategies to new customers, with the goal of maximiz...

The fastest and most effective way for a company to realize maximum profit is to get its pricing right. The right price can boost profit faster than increasing volume will; the wrong price can shrink it just as quickly. Yet many otherwise tough-minded managers miss out on significant profits because they shy away from pricing decisions for fear that they will alienate their customers. Worse, if...

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The proposals have also drawn anger from the energy industry. Kathleen Sgamma, a director of the Western Energy Alliance, which represents 400 oil and natural-gas companies, said the new policy could block some promising lands from drilling. “They’re treating lands arbitrarily as de facto wildernesses,” she said. And Dean Heller, a Republican representative from Nevada, said: “The message of th...

We consider optimal pricing by a profit-maximizing platform running a dynamic search and matching market. Buyers and sellers enter in cohorts over time, meet and bargain under private information. The optimal centralized mechanism, which involves posting a bid-ask spread, can be decentralized through participation fees charged by the intermediary to both sides. The sum of buyers’ and sellers’ f...

SUMMARY: BACKGROUND: Carctol is a herbal remedy that recently was widely reported to offer a cure for a range of cancers. This article is aimed at evaluating the evidence that supports this claim. METHODS: In addition to numerous websites, we conducted systematic searches in six electronic databases. Any factual information relating to Carctol was considered. RESULTS: The websites provided the ...