By the closed-loop supply chain responsibility model, analysis the condition of seller taking the responslblhty for recychng of discarded clothes and derived utility of recycling by UNIQLO. The author thinks that the ...By the closed-loop supply chain responsibility model, analysis the condition of seller taking the responslblhty for recychng of discarded clothes and derived utility of recycling by UNIQLO. The author thinks that the best choice is to recycle by seller. At present, it should be encouraged that seller, who are at dominant position in the supply chain, to carry out recycling old clothing so as to lead the other members in the supply chain to participate in recycling. Meanwhile, establish the corresponding legal provisions for the recycling of discarded clothing.展开更多
The core of the presentation that I propose treats about the application of principal component analysis for the estimation of the future earnings of the Segregated Funds. The Segregated Funds are the pools of assets ...The core of the presentation that I propose treats about the application of principal component analysis for the estimation of the future earnings of the Segregated Funds. The Segregated Funds are the pools of assets which have been using in the Italian Insurance Market since mid 80's for managing the "with profit" business, also known as business with "discretionary participation feature" according to IFRS4 since the income attributable to the policyholders is composed by the net realised gains less a fee and by a minimum guarantee, if any. The discretion of the Management of the Entity lays on the decision on whether and when to realise both the financial gains and the financial losses of the underlying investments. This strategy is tied by the need to manage an appropriate ALM, from the rules included in the local legislation as well as by the policy about the solvency margin (for example a minimum solvency ratio to fulfil that is conditional upon the value of income attributed that year). The fee can not be changed, i.e., is not discretionary, the minimum granted could be fixed on annual basis-sometimes paid on cash recurrently-or could be promised only at expiration or sometimes promised at expiration or in advance only for death and disability. In case of years so adverse that the Entity is not able to avoid earnings too low, sometimes the entity delivers an additional bonus, in order to compensate their policyholders, which is based above a full discretion. Principal components are used in finance as well as in other fields such as genetic. You can see some of these applications in two of the references advised below. The purposes of the technique of principal components are (1) to increase objectivity of results and their verifiability by third parties such as auditors, (2) make speeder the time spent for the analytical calculations (i.e., runs of the actuarial models) and (3) to render the relationship between the asset composition and the their earnings effectively used for the best estimate liabilities through their contribution in forecasting future cash flows.展开更多
This paper describes the implementation of an Information Systems (IS) capstone project management course that is a requirement for graduating seniors in an undergraduate Computer Information Systems (CIS) program...This paper describes the implementation of an Information Systems (IS) capstone project management course that is a requirement for graduating seniors in an undergraduate Computer Information Systems (CIS) program at a regional university. The description provides a model which includes the culmination of students' academic training in an IS curriculum which is part of a Bachelor of Business Administration (BBA) program in an accredited college of business. The course requires an application of technical and business skills, as well as systems development and project management skills--while students are working on an actual IS project for an external sponsoring organization. Rationale for implementing this type of course includes the benefits it provides to the students, the project sponsors, and the IS department providing the course. Feedback from the course is used as integral part of the C1S curriculum assessment process used for accreditation purposes.展开更多
文摘By the closed-loop supply chain responsibility model, analysis the condition of seller taking the responslblhty for recychng of discarded clothes and derived utility of recycling by UNIQLO. The author thinks that the best choice is to recycle by seller. At present, it should be encouraged that seller, who are at dominant position in the supply chain, to carry out recycling old clothing so as to lead the other members in the supply chain to participate in recycling. Meanwhile, establish the corresponding legal provisions for the recycling of discarded clothing.
文摘The core of the presentation that I propose treats about the application of principal component analysis for the estimation of the future earnings of the Segregated Funds. The Segregated Funds are the pools of assets which have been using in the Italian Insurance Market since mid 80's for managing the "with profit" business, also known as business with "discretionary participation feature" according to IFRS4 since the income attributable to the policyholders is composed by the net realised gains less a fee and by a minimum guarantee, if any. The discretion of the Management of the Entity lays on the decision on whether and when to realise both the financial gains and the financial losses of the underlying investments. This strategy is tied by the need to manage an appropriate ALM, from the rules included in the local legislation as well as by the policy about the solvency margin (for example a minimum solvency ratio to fulfil that is conditional upon the value of income attributed that year). The fee can not be changed, i.e., is not discretionary, the minimum granted could be fixed on annual basis-sometimes paid on cash recurrently-or could be promised only at expiration or sometimes promised at expiration or in advance only for death and disability. In case of years so adverse that the Entity is not able to avoid earnings too low, sometimes the entity delivers an additional bonus, in order to compensate their policyholders, which is based above a full discretion. Principal components are used in finance as well as in other fields such as genetic. You can see some of these applications in two of the references advised below. The purposes of the technique of principal components are (1) to increase objectivity of results and their verifiability by third parties such as auditors, (2) make speeder the time spent for the analytical calculations (i.e., runs of the actuarial models) and (3) to render the relationship between the asset composition and the their earnings effectively used for the best estimate liabilities through their contribution in forecasting future cash flows.
文摘This paper describes the implementation of an Information Systems (IS) capstone project management course that is a requirement for graduating seniors in an undergraduate Computer Information Systems (CIS) program at a regional university. The description provides a model which includes the culmination of students' academic training in an IS curriculum which is part of a Bachelor of Business Administration (BBA) program in an accredited college of business. The course requires an application of technical and business skills, as well as systems development and project management skills--while students are working on an actual IS project for an external sponsoring organization. Rationale for implementing this type of course includes the benefits it provides to the students, the project sponsors, and the IS department providing the course. Feedback from the course is used as integral part of the C1S curriculum assessment process used for accreditation purposes.