The failure of risk management: a book review with 7 comments Introduction Any future-directed activity has a degree of uncertainty, and uncertainty implies risk. Bad stuff happens – anticipated events don’t unfold as planned and unanticipated events occur. The main function of risk management is to deal with this negative aspect of uncertainty. The events of the last few years suggest that risk management as practiced in many organisations isn’t working. A book by Douglas Hubbard entitled, The Failure
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IEEE JOURNAL ON SELECTED AREAS IN COMMUNICATIONS, VOL. 18, NO. 3, MARCH 2000 535 Performance Analysis of the IEEE 802.11 Distributed Coordination Function Giuseppe Bianchi Abstract—Recently, the IEEE has standardized the 802.11 protocol for Wireless Local Area Networks. The primary medium access control (MAC) technique of 802.11 is called distributed coordination function (DCF). DCF is a carrier sense multiple access with collision avoidance (CSMA/CA) scheme with binary slotted exponential
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V O LU M E 1 9 | N U M B E R 2 | S PRING 2007 Journal of APPLIED CORPORATE FINANCE A MO RG A N S TA N L E Y P U B L I C AT I O N In This Issue: Valuation, Capital Budgeting, and Disclosure Enterprise Valuation Roundtable Presented by Ernst & Young 8 Panelists: Richard Ruback, Harvard Business School; Trevor Harris, Morgan Stanley; Aileen Stockburger, Johnson & Johnson; Dino Mauricio, General Electric; Christian Roch, BNP Paribas; Ken Meyers, Siemens Corporation; and Charles Kantor
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extensively covered subject dealing with project management. In addition to the usual PERT and CPM networks, Gantt charts, etc., the subject of project uncertainty and risk management is also discussed. The use of computer simulation to generate the approximate distribution of project completion times is also discussed. Appendix C illustrates how Crystal Ball can facilitate this analysis and be used to help better understand the implications of schedule uncertainty. Cases and Readings A case
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5 Supply Chain Management Based on Modeling & Simulation: State of the Art and Application Examples in Inventory and Warehouse Management Francesco Longo Modeling & Simulation Center – Laboratory of Enterprise Solutions (MSC-LES) Mechanical Department, University of Calabria Via P. Bucci, Cubo 44C, third floor, 87036 Rende (CS) Italy 1. Introduction The business globalization has transformed the modern companies from independent entities to extended enterprises that strongly cooperate with all
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parents. Based on an initial analysis, the decision makers at MTR Inc have arrived at the following scenarios: 1. The duration of the product life cycle could be two, four, six or eight years, with the probability decreasing with increasing cycle duration. Specifically, the probability of it being 2 years is 0.5, four years is 0.25 and it being six or eight years is 0.125. Essentially, the decision makers are unsure, since product life cycle duration is a function of such intangibles as changing
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Performance Evaluation of OFDM System for Different Channel and Different Modulation Techniques Thesis Report Department of Electronic and Telecommunication Engineering (ETE) Submitted By Foysal Bin Wadud (T-093011) Gazi Shamsul Arefeen Shams (T-093016) Supervised By Engr. Mohammad Jashim Uddin Contact Information: Foysal Bin Wadud (Mamun), Dept. of ETE, International Islamic University Chittagong, Metric No.: T093011, Email: mamunmoon19@yahoo.com Contact No.: +8801717934676 Gazi Shamsul Arefeen
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extensively covered subject dealing with project management. In addition to the usual PERT and CPM networks, Gantt charts, etc., the subject of project uncertainty and risk management is also discussed. The use of computer simulation and Crystal Ball to generate the approximate distribution of project completion times to help better understand the implications associated with schedule uncertainty is also discussed. Cases and Readings A case appropriate to the subject of this chapter is: Harvard:
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European Journal of Operational Research 172 (2006) 401–416 www.elsevier.com/locate/ejor Production, Manufacturing and Logistics An investigation of buffer sizing techniques in critical chain scheduling Oya I. Tukel a a,* , Walter O. Rom a, Sandra Duni Eksioglu b College of Business Administration, Cleveland State University, 1860 East 18th Street, Cleveland, OH 44114, USA b Department of Industrial and Systems Engineering, University of Florida, Gainesville, FL 32611, USA Received 24 April
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Journal of Emerging Trends in Economics and Management Sciences (JETEMS) 2 (2): 131-141 © Scholarlink Research Institute Journals, 2011 (ISSN: 2141-7024) jetems.scholarlinkresearch.org Journal of Emerging Trends in Economics and Management Sciences (JETEMS) 2(2):131-141(ISSN:2141-7024) Information Distortion in Supply Chain: A Simulation Approach to Quantifying the Bullwhip Effect 1 1 Oyatoye, E.O and 2Fabson, T.V.O Department of Business Administration University of Lagos, Akoka-Yaba,
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