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The resulting optimal policy reflects the influence of both capacity shortfall and salary penalties.
Greening said: "At the heart is the need to address capacity shortfall.
There will be a capacity shortfall of an estimated 90,000 places by 2015.
"We're going to have an airfield capacity shortfall in about 12 to 15 years, and we need to prepare for that," he said.
Journey times between London and other cities will fall; a capacity shortfall on one of the main north-south rail routes will be avoided.
London First, an advocacy group of business leaders, has said that by 2031, the capacity shortfall at Waterloo station alone is likely to be the equivalent of 20 trainloads an hour of people left stranded.
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There is virtually no slack, obvious potential capacity shortfalls, and little investment in addressing them.
"During the last month, there was no need for electricity imports due to capacity shortfalls in Germany.
This latter approach has multiple benefits: reducing capacity shortfalls in a crucial job category and keeping valuable knowledge in the company, as well as motivating employees near retirement to perform well so that they will be considered for this post-retirement opportunity.
In a report last year on Biopharma's "capacity crunch," consulting firm McKinsey & Co. said that contract drugmakers would benefit from plant capacity shortfalls for new types of drugs.
The company says it's now planning for rare events like this going forward, and will work to make Gmail message delivery more resilient to network capacity shortfalls going forward.
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