Category: R

Any threats that can exposed to a company or organisation.

A frequently and necessary concept used in mathematical finance to measure the probability to evaluate the worth of a derivative.

A person who has been assigned specific functions or taskin a program, process or project.

The serving of food and drinks to a person’s room.

The estimating of costs by all aspects of a production team that get together and work this out.

A chart used for quality control to determine if the long run average of a process is changing. A run diagram or tier chart.

An area with a lot of manufacturing businesses that have all moved operation or closed down.

The rate of inflation is calculated by how low or high the prices of services and goods move all the way through the nation?s economy.

This is the deliberate choice of a person to not pay attention to certain information because it will yield little or no benefit in terms of the time and effort.

Reactivity is the predisposition of matter to react with its surroundings such as air, light and water or other specific materials. Also see the definition of either reactive or reaction.

Data that divides households into two parts with one-half earning more than the median income and the other half earning less. This refers to the combination of more than one income earner

Period determined from trade practice, custom, trade practice, or from circumstances like those at issue, as the time required completing a transaction or contract without a specific maturity date.

Media planning tactic that indicates that advertising at a lower weight but a higher, consistent frequency is more successful than advertising at a higher weight but a lower, sporadic frequency.

This term refers to the maximum allowable airborne concentration of a substance in a work area. REL can be expressed either as a maximum limit or as a time-weighted average.

Waste energy from heat that is captured and put to use, such as in a jet engine where exhaust is mixed with fuel and ignited in the afterburner to obtain additional thrust.

The portion of a product’s material expressed usually as a percentage of its total material content that has been recovered from pre-consumer waste or postconsumer waste.

1. Accounting: Procedure of asset depreciation based on a percentage of its book value that lessens every year. 2. Banking: Procedure for calculating the interest amount on the principal balance.

This term refers to written material or literature that is not a part of a main body of files, but is required as an information source.

Materials that can tolerate extremely high temperatures without degrading or softening. Refractory materials include certain ceramics and super alloys, and are found in furnaces, jet and rocket engines, and the shuttle.

This term relates to the inclination that something will revert to a previous lower state.