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Southwest Airlines, the pioneering low-cost carrier, is facing a campaign by an activist investor to overhaul a business model it says is outdated, putting pressure on CEO Robert Jordan and ...
Delta model (after the Greek letter Delta, standing for transformation and change) is a customer-based approach to strategic management. [1][2][3] Compared to a philosophical focus on the characteristics of a product (product economics), the model is based on consumer economics. The aim is to create a very strong bond between the company and ...
In 1955, Delta Air Lines pioneered the hub-and-spoke system at its hub in Atlanta, Georgia, [3] in an effort to compete with Eastern Air Lines. In the mid-1970s FedEx adopted the hub-and-spoke model for overnight package delivery. After the airline industry was deregulated in 1978, several other airlines adopted Delta's hub-and-spoke paradigm.
Delta method. In statistics, the delta method is a method of deriving the asymptotic distribution of a random variable. It is applicable when the random variable being considered can be defined as a differentiable function of a random variable which is asymptotically Gaussian.
A crack growth equation is used for calculating the size of a fatigue crack growing from cyclic loads. The growth of a fatigue crack can result in catastrophic failure, particularly in the case of aircraft. When many growing fatigue cracks interact with one another it is known as widespread fatigue damage.
A delta one product is a derivative with a linear, symmetric payoff profile. That is, a derivative that is not an option or a product with embedded options. Examples of delta one products are Exchange-traded funds, equity swaps, custom baskets, linear certificates, futures, forwards, exchange-traded notes, trackers, and Forward rate agreements.
An example of an erosional avulsion is the 2006 avulsion of the Suncook River in New Hampshire, in which heavy rains caused flow levels to rise. The river level backed up behind an old mill dam, which produced a shallowly-sloping pool that overtopped a sand and gravel quarry, connected with a downstream section of channel, and cut a new shorter ...
Lotka–Volterra equations. The Lotka–Volterra equations, also known as the Lotka–Volterra predator–prey model, are a pair of first-order nonlinear differential equations, frequently used to describe the dynamics of biological systems in which two species interact, one as a predator and the other as prey. The populations change through ...