Dynamic Product Assembly and Inventory Control for Maximum Profit

We consider a manufacturing plant that purchases raw materials for product assembly and then sells the final products to customers. There are M types of raw materials and K types of products, and each product uses a certain subset of raw materials for assembly. The plant operates in slotted time, and every slot it makes decisions about re-stocking materials and pricing the existing products in reaction to (possibly time-varying) material costs and consumer demands. We develop a dynamic purchasing and pricing policy that yields time average profit within epsilon of optimality, for any given epsilon>0, with a worst case storage buffer requirement that is O(1/epsilon). The policy can be implemented easily for large M, K, yields fast convergence times, and is robust to non-ergodic system dynamics.Comment: 32 page

2nd Rhode Island Musket

This paper examines a musket with unique markings (2 RI) and reports on the weapon\u27s authenticity

Fraser of Allander Institute : Economic Commentary [November 2010]

The Scottish and UK economies strengthened appreciably in their recovery from recession in the 2nd quarter of this year. Preliminary UK dat a for the 3rd quarter indicates some weakening but at 0.8% over the quarter growth exceeded expectations. Scottish GDP growth fell again in the first quarter, by -0.2%, and with zero growth in 2009q3 and 0.1% growth in the final quarter of 2009, there is a case for arguing that the Scottish economy did not emerge from recession until the 2010q2, two quarters after the UK. The Scottish economy went into recession one quarter later than the UK. The fall in Scottish GDP during the 'recession' to 2010q1 was therefore -5. 81% compared to a fall of -6.32% during the recession in the UK, still less severe than the UK. But with growth of 1.3% in the 2010q2, compared to 1.2% in the UK, the Scottish bounce back was considerable. However, there is reason to believe that an unsustainable bounce back in construction and re-stocking were key reasons for the strength of the recovery in the second quarter which would tend to fade away in later quarters. The 0.8% preliminary estimate of UK 3rd quarter growth in part appeared to contradict that assumption, but construction growth remained strong to the incredulity of many associated with the industry. We still await further data to ascertain the spending composition of the 3rd quarter UK growth rate and whether temporary re-stocking was still a principal driver, or whether there had been a pick-up in more sustainable export and investment growth

The precautionary approach and the management of the European eel (Anguilla anguilla) – critical remarks

Recruitment and commercial catches of European eel have been in decline since the late 1970s. So far, the reasons are not well understood. A range of potential natural and anthropogenic reasons have been discussed, but the relative importance of the factors is unknown. As a consequence of the decline in recruitment an urgent need for protective management measures was concluded. The main approach is to restrict the fishery on eel, in particular with reference to the precautionary approach. However, in view of the lack of knowledge on the factors responsible for the recruitment decline and by considering that many yellow and silver eel stocks in freshwaters depend on restocking by the fishery, such simplified conclusions are critically discussed. A concept for the sustainable management of eel has to include 1) research on the factors determining the population dynamics, in particular during the oceanic stages, 2) a stronger consideration of socio-economic aspects, and 3) intensified research on artificial reproduction and rearing of eel

Tracking Chart 2005 Top of the World, Bangladesh 38020586D

This document is part of a digital collection provided by the Martin P. Catherwood Library, ILR School, Cornell University, pertaining to the effects of globalization on the workplace worldwide. Special emphasis is placed on labor rights, working conditions, labor market changes, and union organizing.FLA_2005_Top_of_the_World_TC_Bangladesh_38020586D.pdf: 3 downloads, before Oct. 1, 2020

Tracking Report 2009 Outdoor Cap, Bangladesh 38020586DVV

This document is part of a digital collection provided by the Martin P. Catherwood Library, ILR School, Cornell University, pertaining to the effects of globalization on the workplace worldwide. Special emphasis is placed on labor rights, working conditions, labor market changes, and union organizing.FLA_2009_Outdoor_Cap_TC_Bangladesh_38020586DVV.pdf: 22 downloads, before Oct. 1, 2020

Tracking Chart 2009 Top of the World, Bangladesh

Outlines the specific problems that were found by monitors and the action taken by Top of the World in response to an FLA audit of a factory in Bangladesh

Tracking Chart 2005 Outdoor Cap Company, Bangladesh 38020586D

This document is part of a digital collection provided by the Martin P. Catherwood Library, ILR School, Cornell University, pertaining to the effects of globalization on the workplace worldwide. Special emphasis is placed on labor rights, working conditions, labor market changes, and union organizing.FLA_2005_Outdoor_Cap_TC_Bangladesh_38020586D.pdf: 9 downloads, before Oct. 1, 2020

North Cumbria Fisheries Advisory Committee 26th June, 1979.

This is the report from the North Cumbria Fisheries Advisory Committee meeting, which was held on the 26th June 1979. The report contains sections on rod and line regulations of Yorkshire Water Authority, incomes from sale of rod and line licences 1978, fishing offences and prosecutions for 1978/1979, and a draft of netting rights in River Ehen. Also covered is the report by the area fisheries officer which looks at conditions and fishing at Rivers Eden and Esk, fish distribution, stock and general comments for Holmwrangle hatchery, re-stocking by angling associations, predators, and research work carried out on the Eden. The Fisheries Advisory Committee was part of the Regional Water Authorities, in this case the North West Water Authority. This preceded the Environment Agency which came into existence in 1996