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Author: Bomin Jiang
Publisher:
ISBN:
Category : COVID-19 Pandemic, 2020-
Languages : en
Pages :
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Book Description
Covid-19 highlighted the weaknesses in the supply chain. Many have argued that a more resilient or robust supply chain is needed. But what does a robust supply chain mean? And how do firms' decisions change when taken that approach? This paper studies a very stylized model of a supply chain, where we study how the decision of a multinational corporation changes in the presence of uncertainty. The two standard theories of supply chain are Just-in-time and Just-in-case. Just-in-time argues in favor of pursuing efficiency, while Just-in-case studies how such decision changes when the firm faces idiosyncratic risk. We find that a robust supply chain is very different specially in the presence of systemic shocks. In this case, firms need to concentrate on the worst-case. This strategy implies a supply chain where the allocation of resources and capabilities does not correspond to the standard theories studied in economics, but follow a heuristic behavioral rule called "probability matching". It has been found in nature and in experimental research that subjects appeal to probability matching when seeking survival. We find that a robust supply chain will reproduce this behavioral outcome. In fact, a multinational optimizing under uncertainty, follows a probability matching which leads to an allocation that is suboptimal from the individual producer point of view, but rules out the possibility of supply disruptions.
Author: Bomin Jiang
Publisher:
ISBN:
Category : COVID-19 Pandemic, 2020-
Languages : en
Pages :
Get Book Here
Book Description
Covid-19 highlighted the weaknesses in the supply chain. Many have argued that a more resilient or robust supply chain is needed. But what does a robust supply chain mean? And how do firms' decisions change when taken that approach? This paper studies a very stylized model of a supply chain, where we study how the decision of a multinational corporation changes in the presence of uncertainty. The two standard theories of supply chain are Just-in-time and Just-in-case. Just-in-time argues in favor of pursuing efficiency, while Just-in-case studies how such decision changes when the firm faces idiosyncratic risk. We find that a robust supply chain is very different specially in the presence of systemic shocks. In this case, firms need to concentrate on the worst-case. This strategy implies a supply chain where the allocation of resources and capabilities does not correspond to the standard theories studied in economics, but follow a heuristic behavioral rule called "probability matching". It has been found in nature and in experimental research that subjects appeal to probability matching when seeking survival. We find that a robust supply chain will reproduce this behavioral outcome. In fact, a multinational optimizing under uncertainty, follows a probability matching which leads to an allocation that is suboptimal from the individual producer point of view, but rules out the possibility of supply disruptions.
Author:
Publisher:
ISBN:
Category : Military art and science
Languages : en
Pages : 92
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Book Description
Author: J. Lynn
Publisher: iUniverse
ISBN: 1440157774
Category : Art
Languages : en
Pages : 370
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Book Description
Lynn, a Baltimore Surrealist artist, reviews her unusual life without any knowledge that Asperger's Syndrome, a mild form of autism, exists. Her life and circumstances certainly are the result of something. She has always been different. It is impossible to explain herself or confide in anyone, even the closest friends and family. Depressed, overwhelmed, and not knowing how to describe what she's going through to anybody, she tries to figure out things on her own. Can she find some clues in her dreams? Nothing she tries works, and she is ready to give up. She looks back, going deeper and deeper into her past. What is it, the thing that makes her different? Has it prevailed throughout her entire life? Maybe; so, does it have patterns? She begins to see there are. Are they responsible for things turning out so badly? Does whatever "It" is make it possible to dream of the future and possibly travel through time? The Last Exit before The Toll: Art, Death, Asperger's, and Dreams is the story of her journey to find out the truth of the mystery. The story is told in an unusual timeline; it is told backwards (in decades), a timeline never used in books, but the usual way we get to know each other in real life. The book also features pictures of her singular, highly-detailed art. One chapter spotlights her epic painting, "Poe's Last Supper." The large. (4'x 6') oil painting depicts Poe on his deathbed in a hospital, but he hallucinates he's in a Fell's Point bar drinking with his characters. See more on the book and art (in vivid color) @ lynnbarnes.net A passage from "What Kind of Kid Were You?": In earlier childhood, I could be a handful. I don't know what happened. It was as if something would take over. I'd persistently asked questions and would make comments out loud or sounds. The other kids would crack up. I understand now, they didn't think I was stupid, although it felt so at the time. I would ask outrageous questions, whether the teacher acknowledged my raised hand or not. They sometimes wouldn't. Many times what I asked, or my comments, made me sound like a smart-ass. Right after the words left my mouth, it sounded different than what I was trying to say. This would drive the teachers up a wall, right out of their minds. My third grade-teacher, the elderly Mrs. Mitchell, got so fed up; she separated my desk from the other kids by sitting me up front, next to her desk. Bad move. I already had everybody's attention up front. Everybody could then hear everything I said. I did it one time too many. I said something, and the whole class shrieked. She went ape-shit. She went over the edge. She would have hit me if she could have gotten away with it, if it weren't for my mother. The best she could do was throw a cartoon-like tantrum. She jumped up and down with her knees a little bent. She stopped writing on the blackboard and made tight fists, clutching the chalk. SHUT UP! SHUT UP! SHUT UP! SHUT UP! she screamed. It was almost the same as the tantrum Mozart would throw at the costume party in Amadeus, when he wanted his penalty (except more aggressively). I did shut up, for then. The image stunned me. I had no idea I got to her that badly. A note was sent home. Another note; one of many. Let me tell you, I got away with nothing at home. I got whipped. My mother was strict. The only-child-spoiled-brat wasn't correct. That wasn't it. The same basic kind of behavior got me whipped at home, but whipped or not, it would come out. I know my mother was driven crazy sometimes. She would practically lose her mind. I was also hardheaded and wouldn't back down if I thought I was right. I would face my punishment, such as staying out of the woods. I wasn't going to stay out of the woods. We played our roles in that one. At school, I don't know exactly what happened, because most of the time I was so sincere. I really did want to know something, or I would make a comment about something. It wasn't appreciated. Most of it w
Author: Gene Doucette
Publisher: iUniverse
ISBN: 0595261523
Category : Fiction
Languages : en
Pages : 136
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Book Description
Have you ever wondered: --How to perform an appendectomy? --How to rob a bank? --How to take a bullet? --How to deliver a baby in a manger? --How to summit Mt. Everest? --How to mend a broken heart? These and many other emergency situations are addressed here, in The OTHER Worst-case Scenario Survival Handbook.
Author: Elizabeth Anne Bruce
Publisher: John Wiley & Sons
ISBN: 1118898222
Category : Medical
Languages : en
Pages : 839
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Book Description
The Great Ormond Street Hospital Manual of Children and Young People’s Nursing Practices Clinical skills are essential in the provision of care for children and young people. The Great Ormond Street Hospital Manual of Children and Young People’s Nursing Practices provides expert guidance on evidence-based clinical procedures, helping students and newly registered nurses develop sound clinical judgement and confidence. This comprehensive resource covers all aspects of children’s nursing, from the fundamentals of everyday practice to advanced care in high dependency and intensive care settings. As such, its relevance and usefulness reach beyond those newly registered; it remains a valuable resource for experienced nurses wishing to further expand their nursing skills. Now in its second edition, this thoroughly updated guide demonstrates each procedure, explains the underlying theory and evidence, and speaks to the unique challenges of working with children and young people. New chapters address mental health, complementary therapies, learning difficulties, and the deteriorating child, whilst expanded content examines blood glucose monitoring, glucocorticoid treatment, insulin administration, diabetes care, surgical diathermy, non-invasive ventilation, and much more. Key Features Provides evidence-based guidelines for more than 300 clinical procedures Features an abundance of colour photographs and illustrations Examines the needs of neonates and adolescents in the context of interdisciplinary care Includes new material on health research and evidence-based practice, stages of development, children with complex needs, and admission, transfer, and discharge Complements The Royal Marsden Manual of Clinical Nursing Procedures, offering continuity to those working in both adult and paediatric settings The second edition of The Great Ormond Street Hospital Manual is an indispensable resource for registered nurses, students, and other healthcare professionals involved in delivering clinically effective, evidenced- based, family-centred care. Praise for the previous edition “This manual builds on the knowledge, skills and expertise of one of the UK’s finest children’s hospital and explains comprehensive, evidence-based care clearly.” Nursing Children and Young People Journal “All children’s nurses should have this book as a reference.” Nursing Standard “… a comprehensive resource for all qualified nurses, students and other healthcare professionals involved in caring for children in hospital and community settings.” Times Higher Education Supplement
Author: Sean Creaven
Publisher: Taylor & Francis
ISBN: 100381817X
Category : Social Science
Languages : en
Pages : 333
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Book Description
Modernity and the Pandemic: Decivilization, Imperialism, and COVID-19 applies the tools of critical social theory to make sense of the COVID-19 crisis and presents a critical sociological analysis of aspects of the political and community response to the pandemic. The book focuses on key themes integral to a sociology of pandemics in the ‘global’ age. Firstly, Creaven argues that cultures of individualism and consumerism, and of pervasive and deeply entrenched social inequalities (i.e. decivilization) significantly weaken the cause of public health by weakening the compliance of people with state-mandated non-pharmaceutical interventions (including and especially physical distancing rules) and encouraging vaccine hesitancy. Secondly, Creaven examines how interstate competition and imperial politics has undermined an effective global policy response to the COVID-19 pandemic. Policy failure with regard to the management of the pandemic is interpreted as being rooted in the dominance of neoliberal ideology and governance in the politics of international relations, particularly in the politics of the leading state actors, by protection of corporate interests at the expense of public health, and in the constraints imposed on state actors by the competitive dynamic of multinational capitalism in the ‘global’ age. Modernity and the Pandemic will appeal to scholars in the humanities and social sciences with interests in neoliberalism and its social, cultural and epidemiological impacts.
Author:
Publisher:
ISBN:
Category : Military art and science
Languages : en
Pages : 810
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Book Description
Author: Kathy Harrison
Publisher: Storey Publishing
ISBN: 1603420355
Category : House & Home
Languages : en
Pages : 241
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Book Description
If disaster strikes and public services are limited, you want to know that your family will be taken care of. Learn how to inventory and rotate your food supply, pack an evacuation kit, maintain communication with loved ones, and much more. You’ll soon gain the ingenuity and resourcefulness to get your family through even the most unfortunate circumstances.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 56
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Book Description
For more than 40 years, Computerworld has been the leading source of technology news and information for IT influencers worldwide. Computerworld's award-winning Web site (Computerworld.com), twice-monthly publication, focused conference series and custom research form the hub of the world's largest global IT media network.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 168
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Book Description
