Supply chainA supply chain, sometimes expressed as a "supply-chain", is a complex logistics system that consists of facilities that convert raw materials into finished products and distribute them to end consumers or end customers. Meanwhile, supply chain management deals with the flow of goods within the supply chain in the most efficient manner. In sophisticated supply chain systems, used products may re-enter the supply chain at any point where residual value is recyclable. Supply chains link value chains.
Instant-runoff votingInstant-runoff voting (IRV) is an electoral system that uses ranked voting. Its purpose is to elect the majority choice in single-member districts in which there are more than two candidates and thus help ensure majority rule. It is a single-winner version of single transferable voting. Formerly the term "instant-runoff voting" was used for what many people now call contingent voting or supplementary vote.
Event correlationEvent correlation is a technique for making sense of a large number of events and pinpointing the few events that are really important in that mass of information. This is accomplished by looking for and analyzing relationships between events. Event correlation has been used in various fields for many years: since the 1970s, telecommunications and industrial process control; since the 1980s, network management and systems management; since the 1990s, IT service management, publish-subscribe systems (pub/sub), Complex Event Processing (CEP) and Security Information and Event Management (SIEM); since the early 2000s, Distributed Event-Based Systems and Business Activity Monitoring (BAM).
Vertical integrationIn microeconomics, management and international political economy, vertical integration is an arrangement in which the supply chain of a company is integrated and owned by that company. Usually each member of the supply chain produces a different product or (market-specific) service, and the products combine to satisfy a common need. It contrasts with horizontal integration, wherein a company produces several items that are related to one another.
Operational intelligenceOperational intelligence (OI) is a category of real-time dynamic, business analytics that delivers visibility and insight into data, streaming events and business operations. OI solutions run queries against streaming data feeds and event data to deliver analytic results as operational instructions. OI provides organizations the ability to make decisions and immediately act on these analytic insights, through manual or automated actions.
History and use of instant-runoff votingInstant-runoff voting (IRV) is a voting method used in single-seat elections with more than two candidates. Instead of voting only for a single candidate, voters in IRV elections can rank the candidates in order of preference. Ballots are initially counted for each elector's top choice, losing candidates are eliminated, and ballots for losing candidates are redistributed until one candidate is the top remaining choice of a majority of the voters.
SystemA system is a group of interacting or interrelated elements that act according to a set of rules to form a unified whole. A system, surrounded and influenced by its environment, is described by its boundaries, structure and purpose and is expressed in its functioning. Systems are the subjects of study of systems theory and other systems sciences. Systems have several common properties and characteristics, including structure, function(s), behavior and interconnectivity.
Mutual majority criterionThe mutual majority criterion is a criterion used to compare voting systems. It is also known as the majority criterion for solid coalitions and the generalized majority criterion. The criterion states that if there is a subset S of the candidates, such that more than half of the voters strictly prefer every member of S to every candidate outside of S, this majority voting sincerely, the winner must come from S. This is similar to but stricter than the majority criterion, where the requirement applies only to the case that S contains a single candidate.
Participation criterionThe participation criterion is a voting system criterion. Voting systems that fail the participation criterion are said to exhibit the no show paradox and allow a particularly unusual strategy of tactical voting: abstaining from an election can help a voter's preferred choice win. The criterion has been defined as follows: In a deterministic framework, the participation criterion says that the addition of a ballot, where candidate A is strictly preferred to candidate B, to an existing tally of votes should not change the winner from candidate A to candidate B.
Condorcet winner criterionAn electoral system satisfies the Condorcet winner criterion (pronkɒndɔrˈseɪ) if it always chooses the Condorcet winner when one exists. The candidate who wins a majority of the vote in every head-to-head election against each of the other candidates - that is, a candidate preferred by more voters than any others - is the Condorcet winner, although Condorcet winners do not exist in all cases. It is sometimes simply referred to as the "Condorcet criterion", though it is very different from the "Condorcet loser criterion".
Event-driven programmingIn computer programming, event-driven programming is a programming paradigm in which the flow of the program is determined by events such as user actions (mouse clicks, key presses), sensor outputs, or message passing from other programs or threads. Event-driven programming is the dominant paradigm used in graphical user interfaces and other applications (e.g., JavaScript web applications) that are centered on performing certain actions in response to user input. This is also true of programming for device drivers (e.
