Financial markets dislike them, rating conglomerates' shares up to 20% below what they think is the value of the sum of their parts.
For years, stockmarkets have applied a "conglomerate discount": they value diversified manufacturing conglomerates at some 20% less, on average, than the value of the sum of their parts.
For each location, we choose the orientation which yields the biggest value of the sum.
Let be the function that gives the maximum value of the sum of weighted rates at.
A linear transformation of the X variables is made so that minimum value of the sum of squared deviations of the observed and predicted Y is obtained.
Examples include row-based SAD [2] and the maximum value of the sum of positive residuals and the absolute value of negative residuals [10].
This can be explained by (22), in which the value of (frac {P_{1}}{P_{2}}) decides the value of the sum capacity.
For each type of coupling delays, an algorithm involving convex optimization is proposed to design distributed impulsive controllers achieving a suboptimal value of the sum of coupling strengths for a prescribed L2-gain.
Thermoeconomic analysis shows that the last stage (vent chamber) had the highest value of the sum of capital and operation and maintenance costs in addition to the exergy destruction cost.
The objective of the problem is to minimize the total expected cost, including the expected value of the sum of the inventory holding and production cost in the planning horizon.
A comparison of these models was performed using the magnitude of the coefficient of determination R2 for the linear models and the value of the sum of normalised errors (SNE) for linear and non-linear models.
