Continuous budgets

The objective of any exploration venture is to find new volumes of hydrocarbons at a low cost and in a short period of time. Exploration budgets are in direct competition with acquisition opportunities. If a company spends more money finding oil than it would have had to spend buying the equivalent amount in the market place there is little Incentive to continue exploration. Conversely, a company which manages to find new reserves at low cost has a significant competitive edge since it can afford more exploration, find and develop reservoirs more profitably, and can target and develop smaller prospects. 

A comparison of actual with budgeted results can be used as the basis for control at the company, departmental, plant, or project level. In addition, a continuing record of performance should be maintained to provide the data for the preparation of further budgets. 

There has been extensive recent rethinking of the role of fees and fines as means of influencing industrial decision making with regard to investment in pollution control equipment and pollution-free processes. In their new roles, fees and fines take the form of tax write-offs and credits for polluhon control investment taxes on the sulfur and lead content of fuels continuing fines based on the pollution emission rate and effluent fees on the same basis. Tax write-offs and credits tend to be resisted by treasury officials because they diminish tax income. Air pollution control agencies tend to look with favor on such write-offs and credits because they result in air pollution control with minimal effort on the part of their staffs and with minimal effect on their budget. 

In an attempt to develop the hydrogen bomb before the Russians, a second weapons laboratory , Lawrence Livermore, was established in July 1952 to handle the additional work that would be necessaiy to stay ahead of the Russian nuclear weapons program. The administrator chosen was the University of California. Eor the next forty-five years, this LLNL was a formidable competitor to Los Alamos in the development of nuclear weapons. But much like most of the other major national laboratories, its focus also shifted away from nuclear weapons to basic science to fields like magnetic and laser fusion energy, non-nuclear energy, biomedicine, and environmental science. By the late 1990s, half of the laboratoi y s budget was nonde-fense related as the shift away from nuclear weapons continued. 

Thus it can be seen that continuous improvements in defensive armor require ever more sophisticated expl technology for its defeat, which in turn results in the escalation of military budgets for conventional warfare. The increased cost of HMX relative to other expls has caused continuing efforts to reduce manufg costs, to improve and more precisely evaluate its effectiveness. In a recent, very painstaking comparison of Cyclotol and Octol, the effects of changes in the compn, density, and diameter of the expl charge upon detonation velocity were determined. HMX was found more ef-... 

W.m (see Ch.l4). To get enough return flux at the minimum laser power, one needs to optimize the laser specifications (continuous wave or pulsed, pulse width, pulse repetition rate, (average) power, spectral profile) taking into both saturation, technological, budget and operation constraints. This is the challenge described in detail in the above mentioned chapter. 

These models are too simple to reflect realistic dynamic properties of the carbon budget. Even so, they depend on data that are poorly measured or lacking. Many potentially important compartments are missing or assumed to be unimportant. For example, no model considers carbon transported from terrestrial systems to the oceans through rivers and streams. While the amount is very small, it is continuous and cumulative (25)... 

Searching journal information continues to be the primary use of SciFinder for the medicinal chemist. One finds it especially useful for searching various topics, for instance, anti-inflammatory treatments. When performing structure/reaction-based searches, many chemists also use Beilstein CrossFire in conjunction with SciFinder. The reaction information from these systems is often complementary, and it is quite useful to have both SciFinder and CrossFire in a medicinal chemistry group. However, companies with restricted budget may have to choose one or the other. 

A survey of available Th data for the ocean basins demonstrated that the highest concentrations are found nearer to the coasts, and it was concluded that while eolian inputs likely dominated the budget in the open ocean and could account for increases near the coast, fluvial inputs may be more important in coastal regions. This implies that some a mechanism causes recycling of Th that has been removed to estuarine sediments (Huh et al. 1989). A study of an ice-covered region of the western Arctic Ocean found that significant amounts of °Th and Th were advected into the basin (Edmonds et al. 1998). Therefore, it appears that while long-lived Th isotopes are rapidly removed into estuarine sediments, transport into the ocean basins may continue. 

Chemical parameters (e.g., partition coefficients, decay rates, temperature and moisture effects) are not usually considered as calibration parameters because they can be measured in a laboratory moreover, calibration is usually not possible due to lack of observed data. However, most scientists will agree that extrapolation of laboratory parameter measurements to field conditions is a risky assumption. If observed chemical data are available, refinement of initial chemical parameters through calibration should be considered. Errors in calibration-derived parameter values are often a function of how much calibration was performed or errors in system inputs and/or outputs. In many modeling efforts, conscientious model users will often overrun the calibration budget because of the natural tendency to continue to make calibration runs in an effort to minimize discrepancies between simulated and observed values. Parameter errors associated with calibration are more often a result of missing and/or erroneous data either as system inputs or outputs. 

In order to analyse the balance in view of the threat of exclusion from public financing, the author devises a demand equation with a two-stage budget allocation. The first step is to choose a therapeutic group, and the second is to choose the differentiated products. The co-payment acts as the price. The main conclusion is that when the product is included in public financing the health service can receive a discount if the political decisions are price-sensitive and the fixed cost of market entry in the event of inclusion is lower than the fixed cost of exclusion. In his study of price-cap regulation, the author insists that the mechanism should be continued in the long term, and that therefore it is necessary to account for the entire lifetime of the product and consider a discount factor. All this takes as its point of departure Abbott s 1995 model. 

The damage caused by atomic bombardments of US forces was so serious in all parts of Japan that functions of schools and universities were almost completely stopped. No research work was possible to continue for several years after the World War II. Very limited budgets were provided to universities and no research funds were available. Equipments were damaged and chemical materials were not supplied to laboratories. Even foods and clothes were not sufficient and everyone in Japan was hungry. Japan was fully controlled trader US forces. 

Autoclaves provide reactors which can be used readily to acquire data from coal liquefaction studies but are less representative of likely commercial plant tyi reactors than small scale continuous bed-type reactors. Ideally comparisons between reactors are best made by carrying out experiments in various designs of reactors under similar reaction conditions, but, in order to cover the full range of designs adequately, a larger expenditure on equipment (beyond the budgets of most laboratories) would be necessary. However, steps can be taken to cover the... 

Recovery of costs by successful marketing of products is essential in order to maximise shareholder return. As R D costs continue to increase by between 8% and 11% per annum, and sales turnover increases by between 5% and 7% per annum, R D takes up an increasing proportion of the pharmaceutical budget, and for the largest pharmaceutical companies it is about 17% of turnover. 

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