Actuarial Science is a discipline with a fascinating blend of traditional approaches, developed over many decades of experience, and modern techniques which are available thanks to the fast development of statistical, computational, and mathematical tools, new insights into dependence modeling, analysis of big data, financial engineering, risk management, and insurance economics. At the same ti…
Information is the lifeblood of any organization. Without good information, poor decisions are made, risks are not recognized and communicated, and valuable information is lost or stolen. Cyber risks are increasing, and these risks are seriously impacting organizations. Without good information risk management, customer trust and loyalties as well as the organization’s reputation and brand ar…
All uses of this manuscript are covered by a legal agreement between The Regents of the University of California and Karl S. Pister and Rita Olsen Pister,dated January 15, 2002, and August 28, 2002, respectively. The manuscript is thereby made available for research purposes. All literary rights in the manuscript,including the right to publish,are reserved to The Bancroft Library of the Univers…
Today, many global supply chains in process industries are neither equipped nor orchestrated to cope effectively with the new VUCA world we are facing. VUCA—volatility, uncertainty, complexity, and ambiguity—is an acronym that originated in the military back in the late 1990s and was quickly adapted to the business environment. It describes precisely the conditions of increasing variability…
The total set of industries from Value Line is used to demonstrate that business risk and return are negatively correlated across companies within industries. Some empirical questions about industries themselves are also raised. The concepts of income smoothing and corporate strategy are utilized to explain this apparent paradox. Further work is both suggested and elaborated.
When I studied at Novosibirsk State University (Russian) I was lucky to have such brilliant teachers in mathematics as M.A. Lavrentyev, S.L. Sobolev, A.I. Mal’tsev, Yu.G. Reshetnyak and others. But it were L.V. Ovsyannikov’s lectures in Ordinary differential equations, Partial differential equations, Gas dynamics and Group properties of differential equations that were of the most benefit f…
Many projects fail because of the simplest of causes. You don’t have to be a genius to deliver a project on time, nor do you have to be steeped a mystical project management methodology to be a project manager. If an averagely competent person can’t deliver a project successfully after reading this then I will run buck naked through Times Square on my 75th birthday. See if I don’t!
We decided to get this book published to help the larger audience make sense of the discussion on climate change and its implications for economic growth in In- dia. Issues linking climate change and economic growth are now at the centre of discussions regarding climate friendly development strategies which are increas- ingly becoming a necessity rather than an option for late-industrialising c…
There are a lot of personal productivity and self help methods out there but where do they all fit in and which one should I choose? I have found that none of these techniques cover all aspects of becoming an effective person and I think there is a good reason for that. Personal effectiveness is a huge topic and requires a variety of skills. In this mini book I will step back and introduce the…
Peninsular Malaysia, then known as the Federation of Malaya, gained independence from Britain in 1957. An expanded federation of Malaysia was formed in September 1963 by federating the Federation of Malaya with the former Straits Settlements island colony of Singapore to the south of Malaya, Sabah (previously run by the British North Borneo Company, set up by royal charter) and the former Bro…
What does a well-run company look like? You might say that it is popular or that its sales are high, but these can be fleeting things. You could say that it has a famous brand or a prominent leader, but familiar brands and well-publicized leaders can fall from grace. You can say that a well-managed company makes a big profit, but most busi- ness experts agree that a better measure of success is…
In this book for the optimisation of assembly conveyor lines we are dealing with series part production featured by a medium complexity degree and a medium number of individual components and assembly technique alternatives. Modern production techniques for medium to large series products or mass production usually involve assembly conveyor lines. They still use hand labour more or less automat…
Cybersecurity, cybercrime and cyber warfare as key words have taken a prominent place in the world of security in general. This is partially due to technological evolution, and in large part to the growth in security breaches, criminal acts and the presence of information-based weapons of war. In this publication, any cybersecurity incidents, crimes or acts of war are treated simply as human ac…
The first thing that should be said to someone who is thinking of “going offshore” is that it is like going into major surgery. The outcomes can differ enormously, depending on the skill of the surgeons and what they are trying to accomplish. You may simply want to protect your money from volatility that comes with market crisis, economic instability, and a turbulent U.S. dollar. Or maybe …
François Laruelle’s non-Marxist reading of Marx, executed in Introduction au non-marxisme, is accomplished by allowing Marx’s text to speak for itself, without placing it into the history of philosophy.1 A non-philosophical reading of Marx operates with the “use-value” of concepts that have been radicalized to expose their unilateral correlation with the effect of the real. In non-phi…
rgodic theory is a mathematical subject that studies the statistical proper- ties of deterministic dynamical systems. It is a combination of several branches of pure mathematics, such as measure theory, functional analysis, topology, and geometry, and it also has applications in a variety of fields in science and engineering, as a branch of applied mathematics. In the past decades, the ergodic …
The ibam study texts have been especially written to support candidates studying for the ibam Certificate and Diploma in Business Practice. All material within each study text for a particular module can be examined. The style of the study text draws on case studies and real-life examples to give candidates a strong feel for the practical application of relevant knowledge to the workplace. De…
The book you have in your hand culminates a journey that began over forty years ago (though time may show it is merely a way station). The journey mirrors developments in planning and policy making during that time – the effort to integrate theory and practice, the search for more effective ways to conduct policy, and the growing role of collaboration. This journey began in 1967 when author I…