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She recalled that last year, when customers called the company screaming about late orders, employees seemed to have no idea what to tell them.
Tony Evangelista of PricewaterhouseCoopers says that new technologies, such as sequential time-stamping of orders, could render this reform unnecessary by making it impossible to pretend that late orders were in fact placed before the close of the trading day.Indeed, plenty in the industry are muttering about over-regulation.
They are leading an effort to transform an existing fund-order processing service at the clearing corporation into the kind of time-stamped "lockbox" that would give fund middlemen more time to process orders while assuring that no late orders could be taken.
In this paper, we have given polynomial-time algorithms for minimizing: (1) the number of late orders, (2) the number of vehicles used subject to the condition that the number of late orders is minimum.
The problem is to find a feasible schedule that minimizes one of the following objective functions: (1) the number of late orders, (2) the number of vehicles used subject to the condition that the number of late orders is minimum.
t in Algorithm NF decides not only the number of iterations but also the number of late orders.
Similar(27)
It was Moeen who ran through the South Africa A middle and late order yesterday.
Gillman, not caring that Robustelli would be only a couple of days late, ordered him to get to camp immediately.
In came Danny Briggs, still only 25, but with plenty of experience, some for England, but very much a late order batsman and not even a bowler who bats.
Steve Magoffin carried on with the late order support and scored 34 before he was eighth out at 236, caught by a jumping Jason Roy at midwicket.
Moeen won three lbw verdicts in five overs but still could not prevent some of the late order coming at him and he conceded more than five runs an over.
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