Shruti Speak's

Inventory theory is concerned with the design of inventory systems to minimize costs. Observation of almost any company balance sheet reveals that a very significant part of its assets comprise inventories of raw materials, products within the production process, or finished products. How do companies use operations research to improve their inventory policy for when and how much to replenish their inventory? They use scientific inventory management comprising of the following steps: 1. Formulate a mathematical model describing the behavior of the inventory system. 2. Seek an optimal inventory policy with respect to this model. 3. Use a computerized information processing system to maintain a record of the current inventory levels. 4. Using this record of current inventory levels, apply the optimal inventory policy to signal when and how much to replenish inventory. The mathematical inventory models used with this approach can be divided into two broad categories—

1)    SALES REVENUE MODEL- A company gets the revenue by             selling goods, information or services.          Examples:          Marketplaces- buy.com                                  Etsy.com          Live-shopping- iBood          Shopping Clubs- brand4friends                                      Ventre-privee.com 2)    ADVERTISING REVENUE MODEL- A company provides a forum for advertisements and receives fees from the companies that advertise their products.          Examples:          Display Ads-Yahoo           Search Ads- Google          Text Ads- Google,Facebook          Audio Ads- Saavn,Pandora.com          Recruitment Ads- Linkedln          Featured listings- Zomato,CommonFloor          MySpace,TweetLater          Yelp,Hulu          Outbrain,Craiglist          Soptify.com 3)    SUBSCRIPTION REVENUE MODEL- A company charges a subscription fee for the users that access to the content and services offered. Ex

1.     Directorate General of Foreign Trade (DGFT)- facilitate electronic submission and processing of licensing 2.     Apparel Export Promotion Council - facilitate electronic sharing of information between the community partners specially related to the quota management and clearances of shipping documents confirming to quota requirements. 3.     Port Trusts 4.     Airport Authority of India (AAI)- facilitate EDI based cargo handling system in its functioning by all the offices of AAI 5.     Container Corporation of India (CONCOR)- facilitate effective and efficient handling of container related documents between CONCOR and its community partners. 6.     Reserve Bank of India (RBI)- facilitate inter-bank and intra-bank transactions in electronic media as well as user interface for electronic clearances/payments 7.      Scheduled Banks 8.     Airlines- EDI based processing into the clearance of export and import consignment 9.     Indian Railways- automate

Similarities Spotted? Everyone requires beautiful, FAIR/VERY FAIR bride. How about marrying a well decorated Tube Light, very convenient idea..Right?! I had never been "fair" and hence was always teased for NOT being "One of Them" both in school and locality. I started building complex and was ashamed of myself. I was so desperate that I was ready to take up anything to be fair, so that people won't shove my off, so that I would become "One of Them". Ranging from home remedies to all possible cosmetics, from parlor to fairness creams, I literally followed all possible  QUICK FAIRNESS TRICKS  and end up looking like Dissembler. As years passed, I realized looks,complexion and external beauty are the phenomena that are vital exclusively air-headed people. They are those breed of illogistic human being who completely soaks themselves in powders, foundations, correction pens and every other such cosmetics; Photoshop their

All of us have got this post-result declaration trauma of being "useless", "hopeless", "unsuccessful"...and so on. Even the toppers of the class, who secured 99.99% in his finals would be called the same by the person of his concern for NOT scoring that remaining 0.01%..SERIOUSLY?! While I was thinking about  Being Unsuccessful , I thought of consulting few of the best advisers around me (of-course my family and close friends) and asked them to tell me how to be successful. I got some interesting (and obvious) replies like study hard, score more, get a good job, earn in six digit (as if I am going to hire myself in my own company and decide my salary..if so, then whats the problem in earning in seven digits). I wasn't quiet impressed so i randomly started asking people around me. My maid said-"getting my children to school is success for me", my next door neighbor's son who is 5years old replied-"reciting A-Z without any mista

PUBLIC KEY INFRASTRUCTURE A public key infrastructure (PKI) supports the ·        Distribution and identification of public encryption keys ·        Enables users and computers to exchange data over networks   ·        Verify the identity of the other party ·        Enables people and businesses to utilize a number of secure Internet applications. For example, secure and legally binding emails and Internet based transactions, and services delivery can all be achieved through the use of PKI Key Elements of PKI:- A trusted party( certificate authority (CA) )- act as a root of trust and provides services that authenticate the identity of individuals, computers and other entities A registration authority (subordinate CA)- certified by a root CA to issue certificates for specific uses permitted by the root A certificate database- stores certificate requests and issues certificates A certificate store- resid