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Hazard rate and ROCOF (rate of occurrence of failures) are often incorrectly seen as the same and equal to the failure rate. [clarification needed] To clarify; the more promptly items are repaired, the sooner they will break again, so the higher the ROCOF. The hazard rate is however independent of the time to repair and of the logistic delay time.
In order to define the rates and orders of R-convergence, one uses the rate and order of Q-convergence of am error-bounding sequence () chosen such that no other error-bounding sequence (′) could have been chosen that would converge with a faster rate and order; any (′) provides a lower bound on the rate and order of R-convergence and the ...
The Baltic Dry Index (BDI) is a shipping freight-cost index issued daily by the London-based Baltic Exchange. The BDI is a composite of the Capesize, Panamax and Supramax timecharter averages. It is reported around the world as a proxy for dry bulk shipping stocks as well as a general shipping market bellwether.
The HP-12C is a financial calculator made by Hewlett-Packard (HP) and its successor HP Inc. as part of the HP Voyager series, introduced in 1981.It is HP's longest and best-selling product and is considered the de facto standard among financial professionals.
Israel–Malaysia relations refers to the commercial and cultural ties between Israel and Malaysia. The two countries currently maintain no formal diplomatic relations. [1] Although Malaysia officially maintains an outwardly hostile position towards Israel, commercial relations between the two countries do exist, albeit very limited.
A loan shark is a person who offers loans at extremely high or illegal interest rates, has strict terms of collection, and generally operates outside the law, often using the threat of violence or other illegal, aggressive, and extortionate actions when seeking to enforce the satisfaction of the debt. [1]
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