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In shipping, the stowage factor indicates how many cubic metres of space one tonne (or cubic feet of space one long ton) of a particular type of cargo occupies in a hold of a cargo ship. [1] It is calculated as the ratio of the stowage space required under normal conditions, including the stowage losses caused by the means of transportation and ...
Strategic or tactical voting is voting in consideration of possible ballots cast by other voters in order to maximize one's satisfaction with the election's results. [1] For example, in plurality or instant-runoff, a voter may recognize their favorite candidate is unlikely to win and so instead support a candidate they think is more likely to win (a tactic called favorite betrayal or lesser ...
Strategy: A complete contingent plan for a player in the game. A complete contingent plan is a full specification of a player's behavior, describing each action a ...
In game theory, a symmetric game is a game where the payoffs for playing a particular strategy depend only on the other strategies employed, not on who is playing them. If one can change the identities of the players without changing the payoff to the strategies, then a game is symmetric.
Shipboard stability computer programs can be used to calculate a vessel's displacement. The process of determining a vessel's displacement begins with measuring its draft. [3] This is accomplished by means of its "draft marks". A merchant vessel has three matching sets: one mark each on the port and starboard sides forward, midships, and astern ...
To execute the intelligence cycle, a model is required that it is able to treat the enemy or adversary as a system. Operational experience has shown that by using a model based on the generic core functions (find, fix, strike and exploit) will ensure key areas and points in the adversary system can be identified, enabling power or influence to be applied.
According to economic historians N.F.R. Crafts and Nicholas Woodward, the Marshall Plan money had a powerful multiplier effect. In 1948-1949 free imports from the United States amounted to 2.4 percent of British GNP. However, they calculate that the multiplier effects increased the 1949 GNP by 10% to 20%. [104]
Return on investment (ROI) or return on costs (ROC) is the ratio between net income (over a period) and investment (costs resulting from an investment of some resources at a point in time).
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