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The first example shows that the two-stage stochastic programming formulation can result in better expected economic performance than the deterministic formulation, and that NGBD is more efficient than a state-of-the-art global optimization solver.
The first example shows that the stochastic programming formulation can result in better expected economic performance than the deterministic formulation, and that the NGBD solution method is dramatically more efficient than a state-of-the-art global optimization solver, especially for large numbers of scenarios.
While Coen predicted some $95 billion will be spent on advertising overall this year, he said weaker than expected economic performance and a "flattening out" of spending by computer companies and utilities will contribute to a chillier advertising climate.
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This gap between Wall Street and Main Street (rising asset prices, despite worse-than-expected economic performance) can be explained by three factors.
Precious metals a popular haven amid economic uncertainty are rallying too in reaction to the weaker-than-expected economic performance of America and concerns over growth in China.
It added: Risks include further challenges to fiscal and reform measures by Portugal's Constitutional Court, weaker-than-expected economic performance, and a resurgence of political tension leading to delays in 2014 budget or program review.
The increase showed a better-than-expected economic performance in the online sector.
The strength of HSBC's share price over the last two years has a lot to do with better-than-expected economic performance from China," he said.
A few other contributors to higher oil prices came in the form of a stronger-than-expected economic performance in Europe, as well as monetary stimulus in China.
The methodology is based on the use of a Montecarlo simulation to evaluate the expected cost of maintenance as well as the expected economic loss, an economical indicator for maintenance performance.
The court's decision to permit recovery was expressly predicated on the existence of a special relationship: "Where a special relationship exists between the parties, a plaintiff may recover for loss of expected economic advantage through the negligent performance of a contract although the parties were not in contractual privity". Id. at 63.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com