SUPPLY CHAIN VISIONS LOGISTICS TERMS and GLOSSARY Updated October 2003 ABB: See Activity Based Budgeting ABC: See Activity Based Costing ABC Classification: Classification of a group of items in decreasing order of annual dollar volume or other criteria. This array is then split into three classes called A, B, and C. The A group represents 10-20% by number of items and 50-70% by projected dollar volume. The next grouping, B, represents about 20% of the items and about 20% of the dollar volume. The
Who Is Eligible to Run for office there are few eligibility requirements to run for most U.S. offices President must be a natural born citizen must be 35 years old must be a resident of the country for 14 years before inauguration Vice President must be a natural born citizen must be 35 years old
Three Systems of Government Unitary System-centralized government in which local governments exercise only those powers given to them by the central government Confederal System -consists of a league of independent states, each having essentially sovereign power Federal system-power is divided by a written constitution between a central government and
Aircraft Dynamics First note that it is possible to develop a very good approximation of a key motion of an aircraft(called the Phugoid mode) using a very simple balance between the kinetic and potential energies Consider an aircraft in steady, level fight with speed Uo and height ho The motion is perturbed slightly so that
Teaching aims Have a general introduction about the course---a. what can students learn from le course b students' course evaluation 2. Have a general introduction about hotel and lodging industry
IIts lmportance The f&B can account for 2/5 or more of a hotel's profit The f&b is such an indisputable part of a lotel that in China a hotel is called grand restaurant