Market uncertainty

Maintaining subsurface pressures effectively placing wells coordinating timely investment and controlling oil production across leases while protecting the interests of the various lease owners under conditions of geologic and market uncertainty are formidable challenges. Yet, if they are not adopted, common-pool losses are likely. 

Hoskisson, R. E. Busenitz, L. W. 2002. Market uncertainty and learning distance in corporate entrepreneurship entry mode choice. In M. A. Hitt, R. D. Ireland, S. M. Camp, 8c D. L. Sexton (eds.). Strategic Entrepreneurship Creating a New Mindset. Oxford Blackwell. 

In addition to uncertainty about future prices, this would inject into the phase II market uncertainties about the terms of borrowing from future periods that do not yet exist, against allocations that are not yet defined, with no legal clarity around penalties for non-compliance in future periods, and with much scope for lobbying future allocations based upon the size of the debt accumulated. 

Market uncertainty about the saleability of products embodying R D results. 

Market Uncertainty. Even if an idea for an innovation is proven successful in a technological sense, the private company may be unable to capitalize on it. In civil aviation, for example, the Concorde is a technological success, but its potential commercial success is currently being tested. It is costly to buy and costly to operate in comparison with alternative aircraft now in use. 

Thus the early conceptions of the Energy Research and Development Administration s programs included liberal use of demonstration plants to reduce technological and market uncertainties. Additionally, flexible patent policies were granted the agency to permit incentives for commercialization to be tailored to specific technological and market conditions. 

Interestingly, none of the studies reviewed directly addressed the criteria for government Intervention (or support of transfer activities) presented at the outset of this paper. The "ideal" policy assessment, then, would first develop data on the existence and extent of technological uncertainty, market uncertainty, appropriability, and "national need," and then assess alternative government actions, if any such actions are warranted, using one of the four types of methodologies we just described. 

This index may be regarded as a crude first approximation as to what is necessary to evaluate projects. It captures one important aspect of option value but not others. For example, as a project proceeds, market uncertainties may be resolved and these too may lead to exercising the option to abandon. This is not reflected in the index (Senn, 1996, 1998a). The index will also require the use of a given rate of interest for discounting purposes and this will also not reflect the fact that the cost of capital will vary during the course of the project. 

At the supply-ehain level, the survey have showed a weak market power of upper stream aetivities related to down stream ones both in terms of priee volatility and high marketing uncertainty ... 

Subrahmanyam S., Pekny J. and Reklaitis G.V. 1994. Design of batch chemical plants under market uncertainty, Ind. Eng. Chem. Res., 33, 2688-2701. 

The combination of key decisions being taken under high levels of market uncertainty means that for this function the need for codified tools and techniques ought to dovetail neatly with supply. At the same time, however, the acute uncertainties in the environment in which the tools and techniques have to be implemented may also impact on their effectiveness and also act as a deterrent to their use. The marketing survey, therefore, examines the use of marketing and sales tools and techniques in their widest sense. 

Plastic products made from virgin material are facing increased competition and a depletion of natural sources of raw material. Economists who are critical of classical and neo-classical economics state that an important element in any theory of economics is uncertainty [2], Plastics waste has become a recognised source of recycled material sales based on market uncertainty. 

Market uncertainties or political circumstances do not allow investing in long-term cultivation. 

SEFPRO provides the concrete and supervises the job on site thanks to some specialized subcontractors. Due to the current market uncertainties, this solution allow glassmakers to reduce their investment and have a fast track from glass to glass, thus reducing the production stops and losses. 

Flextronics International has excelled as a contract manufacturer for electronics that included cell phones. As it worked on contracted volumes, it was sheltered from market uncertainties and had ample opportunity to stand out in its internal capabilities. In early 2000s, it decided to compete as an ODM (original design and manufacture), that required it to assess customers preferences, design appropriate features in the cell phone so as to satisfy the customer, manufacture it, and sell it to a service provider through an OEM (Huckman and Pisano 2006). In doing so, it had to develop the customer facing capabilities of market-analysis and development of product architecture. In addition, it was now exposed to the market side risk in price and sales volume. The transition was successful, as the company took care to build the additional capabilities. 

A major source of market uncertainty is the customer preferences. The configuration of 71 as well as the attribute rankings Wh may not be known with certainty. As we have seen in the context of Fig. 3.5, both B and w impact the value of the attraction factor Wi. Therefore, IT, will be a random variable, and so would be D,. 

In the past, contracts of even longer duration (perhaps 10 years or more) were common, but these are now viewed as unnecessarily inflexible in the face of market uncertainty. 

Subrahmanyam, S. Pekny, J. E. Reklaitis, G. V. Design of Batch Chemical Plants Under Market Uncertainty, bid. Eng. Chem. Res. 1994, 33, 2688. 

Market uncertainty usually escalates not merely on product demands, but also on product prices. In the strict mathematical formulation that means, that instead of just having demp,s as uncertain parameter the input for the algorithm should consider pricep s as random parameter as well. However, it is important to notice that such extension does not cause any alteration on the LP model. The exploration of the search space, the feasibility testing, the variables, and constraints in the LP remain the same. The profit equation is the unique change required in order to generalize the problem in this manner ... 

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