Despite many advantages of lease financing, adoption in Africa and specially Kenya has been slow. Businesses still prefer to take loan to buy assets instead of outright leasing of the assets . They would then use the funds to finance working capital and hence improve profitabilty. The lack of awareness coupled with the need to own the asset and lack of understanding of lease financing has lead to the slow growth of the lease financing as an alternative form of financing businesses. The study carried out in Kenya’s agricultural town brought out both inherent as well micro and macro economic factors that have led to slow adoption of Lease Financing.
The lease is a contract between the owner and the user of assets for a certain period during which the second party uses an asset in exchange of making periodic rental payments to the first party without purchasing it. Bangladesh is a small but densely populated country in the South Asia and the people of it mainly depend on agriculture. Due to globalization and liberalization the country gradually shifting towards industrialization and lease becomes a pioneering and alternative way to develop the country through business and industrialization. Lease financing is the most important issue which determines the direction of financial behavior in an organization, a financial level of effort, and the organization’s level of perseverance in the face of obstacles of other types of financing.
This work discusses the Ethiopian urban land lease policy and its characteristics, challenges of its implementation and the remedies to be under taken. Achieving efficient land use, encouraging investors and investment and realizing the cost of urban land and make an efficient use of it are some of the major national and regional goals in Ethiopia. To achieve these goals, the government of Ethiopia has accepted urban land lease policy as the alternative land tenure system so as to provide a room for individuals and investors to land to use land use rights through transferring from the state to land users. However, Opinions collected from residents, investors and financial institutions in Addis Ababa and the lease towns of the Amhara national regional state indicate that there are problems related to the implementation of the policy in an efficient utilization of urban land in encouraging investment and the appropriate use of the money generated from lease. Hence, the writer argues that Institutional constraints, legal gaps and proper land and mortgage registration systems should be given due attention so as to get the desired objectives of the lease policy.
The treatise prepared by the doctor of business administration professor Tatyana Issyk is a result of the author’s research dedicated the contemporary situation of the leasing, as the investment instrument widely used worldwide. The author analyses the positive and negative features of financial and other types of leasing, and also the positive and negative aspects of its development in the Republic of Kazakhstan from the historic and legal points of view. The performed research provides the practical recommendations for its development in Kazakhstan as an integral program. The treatise may be utilized as a learning aid product for the higher schools. It will be useful and interesting for all the participants of the leasing market, investors, financiers, analytics, state authorities, and entrepreneurs.
Chief Inspector Wexford had been sure that the murder of an old lady was carried out by her employee, Herbert Painter, and the courts had agreed with him. But then Henry Archery, whose son is engaged to marry Painter's daughter, starts questioning the case...
Retold by John Escott.
Assignment is a crucial topic in commercial law, and this new work by Gregory Tolhurst is the most comprehensive work on the assignment of contractual rights ever published. It seeks to explain the existence, meaning and application of the rules governing the assignment of contractual rights and it does this by reference to the idea that assignments involve transfers. The book is logically structured to follow the issues that arise in planning, drafting and enforcing an assignment, including: - what is meant by 'assignment'; - what is the distinction between legal and equitable assignments; - how an assignable contractual right is identified; - what formalities apply to assignment; and - what rights and remedies are available to the parties to an assignment. The topic of assignment is of such universal importance to commercial lawyers that all practicing lawyers will find this work invaluable. However, the work will also be required reading for academics teaching contract, equity and personal property.
It's impossible to forget the violent bludgeoning to death of an elderly lady in her home. Even more so when it's your first murder case. Wexford believed he'd solved Mrs. Primero's murder fifteen years ago. It was no real mystery. Everyone knew Painter, her odd-job man, had done it. There had never been any doubt in anyone's mind. Until now. Henry Archery's son is engaged to Painter's daughter. Only Archery can't let the past remain buried. He wants to prove Wexford wrong and in probing into the lives of the witnesses questioned all those years ago, he stirs up more than old ghosts.
The focus area of this paper is on the assignment problem with budget constraints which is one of the application area of combinatorial optimization that operates on the domain of those optimization problems,in which the set of feasible solutions is discrete or can be reduced to discrete,and in which the goal is to find the best solution. It is particularly concerned with solving the unconstrained assignment problems with Hungarian algorithm and the constrained assignment problem by cutting plane or outer linearization algorithm for solving the Lagrangian dual problem in which, at each iteration,the function that approximates the dual function is optimized. The paper is divided in to two chapters. In the first chapter,the classical assignment problem,the problem of finding optimum (minimum or maximum) cost or profit assignment a set of workers or resources to jobs or activities to gather with its mathematical formulation,solution methods and special cases in assignment problems were considered. Under the second chapter, we have considered generalization of the classical assignment problem concerning resource(or budget) constraints, due to the variety of real life problems.
Over the years, the efficiency of air transport has made it one of the most solicited modes of transport. Sadly, an aircraft cannot be easily possessed.In fact, public and private entities are often deprived of the wonders of air transport for financial reasons.The option of leasing provides a plausible solution but leases are unique and legally sensitive.This book demystifies an apparently complex contract by treating the legal regime, types,rights,obligations, applicable law,sanctions and even remedies for breaches of aircraft lease contracts. The effective use of aircraft lease contracts depends on a mastery of the legal implications involved. The increasing popularity of aircraft leases makes this book an indispensible negotiation tool for aircraft operators both private and public.Samples of lease contracts have been used to enhance understanding.This book is a legal solution to a socio-economic problem so should be obtained and read.
Assignment Problem is one of the first fundamental problems in the area of combinatorial optimization. Despite its historical roots, the problem has tremendous importance to date, due to its numerous real life applications in like facility location, personnel scheduling, job scheduling, production planning, project assignment, task assignment, time-tabling, vehicle routing, storage space allocation, etc. This book comprises some real life assignment and related problems involving imprecise cost/time parameters. In order to represent those imprecise parameters, interval numbers have been used here as this representation is the best among others. The associated problems have been solved using Genetic Algorithm efficiently. A salient feature of this book is that most of the algorithms have been written in a lucid manner with suitable examples using figures. This book should interest academicians, OR/GA practitioners and executives of different industries and business organizations.
In recent years, we have witnessed a tremendous growth of communication networks. This is because they are widely used in all walks of life, and this trend continues increasing. The research on computer communication networking field has also grown explosively due to a large variety of combinatorial optimisation problems. One of these problems is the Terminal Assignment Problem which implies fixing the minimum cost links to construct a network between a specified set of terminals and concentrators. A good solution for this problem should maintain small distances between concentrators and terminals assigned to them without exceeding the capacity of any concentrator. Additionally, it should also maintain a balanced distribution of terminals among concentrators. The intractability of this problem is a motivation for the pursuits of different approximation algorithms. In this book, we explore several metaheuristics applied to the Terminal Assignment Problem and other similar problems. Simulation results verify the effectiveness of these algorithms.
The problem of distributing goods from depots to consumers plays an important role in the management of many distribution systems, and therefore when it is programmed efficiently it may yield significant savings. In a typical distribution system, trucks provide pick-up and delivery services to customers that are geographically dispersed in a given area. In many of its applications, the main objective of distribution is to find a set of routes for such trucks, satisfying a variety of constraints, so as to minimize the total distribution cost. This work focuses on a decision model for a real world problem. The problem reveals itself as assignment of trucks to routes by Latex Foam Rubber Products Limited-Kumasi, Ghana. This study addresses the problem of finding an efficient assignment of the limited number of trucks at the company’s disposal to the routes they ply while serving its customers outside the metropolis. In this work we use a solution procedure based on Munkres Assignment Algorithm for optimal assignment of non-homogenous fleet of trucks to a given set of routes, where Latex Foam Rubber Products Limited-Kumasi, distributes its products to its customers.
A wireless mesh networks (WMNs) has emerged recently, WMN consist of two types of nodes mesh routers and mesh clients.WMN is dynamically self-organized and self-configured, with the nodes in the network automatically establishing and maintaining mesh connectivity among themselves. Channel assignment is a critical issue in WMN which is the mapping between the available channels and the radios at each node such that the network performance is optimized, and hence the focus of this work along with static channel assignment, multi-radio, multi-channel. Multi-radio MAC can potentially achieve higher network capacity than single-radio MAC. We design and implement a new agent (DSBCA) distributed channel assignment spanner base, the routing protocol Optimize the network performance considering the throughput, end-to-end delay, connectivity and the interference of our channel assignment algorithm. Base on the network simulations NS2.34 on Linux Fedora and our proposed channel assignment algorithm improved the throughput, minimal-connectivity preserving channel assignment algorithm.
Modern day public transport assignment faces lots of problems. Solutions may exist but needs some form of backings. A sensitivity analysis in most cases could just be sufficient to provide this backing. The developments in this book are very important for students, academic researchers and policy makers. The book provides an extensive review on transit assignment, sensitivity analysis and OmniTRANS. It highlights important conclusions such as:- - Passenger access-egress distances significantly affects their access stop choices. - The travel distance parameter of the generalized cost function has the highest influence on transit assignment - The number of transfers to be made by passengers significantly determines their generalized cost of travel - A carefully conducted partial sensitivity analysis can provide better predictions than a Monte-Carlo sensitivity analysis. As a policy advice to public transport operators in Flanders-Belgium, the developments in this book suggest that; to improve transit assignment, it is sufficient to reduce passengers access-egress distances & the number of transfers either through the institution of more direct transit lines or missing links.
This book contains a good literature survey of various mathematical models and routing & wavelengths assignment algorithms in WDM optical networks. Some of the new algorithms for optimization of blocking probability have aslo been covered. This book is good for researchers who are working on optical networks and advancements in fiber optics communication. Mathematical models covered in this book are simple and easy to implement. A good number of routing and wavelength assignment algorithms have also been covered in this book which can be used to reduce blocking probability of the optical network. This book can be very helpful to the research scholars.
When dealing with stress assignment on the word level, many exceptions to hitherto defined principles can be found in the English language. While some exceptions can be explained by word or morpheme boundaries, others do not fit so easliy into the underlying systematicity of English stress behaviour. Some are often described as simply being idiosyncratic. A new statistical analysis reveals that many of these exceptions do share some common features to a certain extent, in particular in their orthography. Can this kind of features be used to establish additional rules in order to account for exceptional cases of English stress assignment? Or is there no other means but to consider these cases as lexcially exceptional?
This project is aimed at downloading and uploading online assignments for students; with each assignment having information about the instructions, description, deadline, and submission details. The main goal of this thesis is to design and implement online assignment submission and provide an interface use for uploading test program (Nant script file) by instructors, who would be able to evaluate assignments automatically. The system provides an interface for testing assignments such that they can be plugged in by the teachers. This testing could invoke a compiler and make a test-run of the compiled code and check the result or test for plagiarism, existence of certain documents or simply check the file type (extension). The most obvious advantage offered by online assignment submission is that it offers faster transmission of assignments than using traditional way by using online system. The interface use to invoke different testing program by teachers, So Save the time and cost for teachers by enabling them to put up a fast response for students as well as increasing the quality of the feedback provided to students.
Stress in Moroccan Arabic, and also in other languages, poses challenging problems for phonological theory. This is due to the fact that stress exhibits conflicting properties; which makes it difficult to provide answers to a number of issues. This book provides an investigation into a prominent aspect of prosodic phonology in Moroccan Arabic (a case study of the dialect of Rabat city), namely, stress assignment in the grammatical category of verbs within the framework of optimality theory as proposed in Prince and Smolensky and McCarthy and Prince. It particularly addresses a range of issues such as: the position of stress, the basis on which stress is located, the factors on the basis of which stress location is effected, the importance of the perceptual and the instrumental tests in shedding light on stress assignment, and the extent to which the optimality theoretic analysis confirm or disconfirm the results of the perceptual and the instrumental tests concerning stress placement. This book will be of interest to linguistics, teachers, researchers and to anyone interested in language study and phonological theory.
In this book we consider the Frequency Assignment Problem, where the objective is to minimize the cost due to interference arising in a solution. We use a quadratic 0-1 integer programming formulation of the problem as a basis to derive new lower bounds and problem reduction rules. A tree search algorithm that uses the lower bounds and dominance criteria is also presented. Computational results are shown on standard benchmark instances from the literature.
The fundamental goal of multi-agent robotics is simple: how to create control laws and behaviors that, when executed by each individual robot, some desirable global behavior emerges. The global behavior may range from something as simple as the robots meeting at a single point, to something as complex as a collective search and rescue mission. Our research focuses on one of the more fundamental issues in multi-agent, mobile robotics: the formation control problem. The idea is to create controllers that cause robots to move into a predened formation shape. This is a well studied problem for the scenario in which the robots know in advance to which point in the formation they are assigned. In our case, we assume this information is not given in advance, but must be determined dynamically. This thesis presents an algorithm that can be used by a network of mobile robots to simultaneously determine ecient robot assignments and formation pose for rotationally and translationally invariant formations. This allows simultaneous role assignment and formation sysnthesis without the need for additional control laws.
Mesh Wireless Local Area Network (WLAN) is a promising access network to enhance channels utilization, extend access coverage using simple and cheap network components. Power management affects mesh WLAN network coverage, topology, throughput, traffic routing and end to end delay. Channel assignment affects the mesh nodes interference level and so the transmission capacity. It also controls the number of nodes share the same channel which increases the probability of collision and reduces the network throughput. In this book, the power management problem is formulated to show its impact on mesh WLAN network throughput. Then this formulation is used to propose a new ranking based cooperative game strategy. Mesh WLAN channel assignment problem is also formulated. Then different algorithms throughput and processing delay is analyzed. This analysis is based on evaluating average users’ data rate and processing delay for different assignment techniques in many mesh WLAN network configurations.
In cellular mobile communication, since there will be conversation in progress in case of handover calls, GOS for them should be less than that for newly originating calls. Basically, there are three channel assignment schemes, fixed, dynamic & hybrid channel assignment schemes for handling newly originating and handover calls. In this study, capacity design for cellular mobile network in area inside ring road in Kathmandu valley has been done according to the findings of data collection and analysis of mobile communication service being provided by Nepal Telecom. Capacity planning has been done with GOS equal to 2% for newly originating calls and 1% for handover calls. In addition to capacity planning, efficient channel assignment scheme in terms of blocking and throughput has been evaluated with optimal utilization of the designed capacity for getting minimum blocking for both types of calls maintaining the blocking for handover calls always less than that for newly originating calls. The simulated values of GOS & throughput for all channel assignment schemes at different penetration have been compared and hybrid channel assignment scheme has been found to be most efficient.
The green revolution has broughtbout a substantial change in rural area. With the expansion of irrigation facilities and agricultural modernisation, the rural production structure, land and labour markets are in the process of transition and change. In the land lease market different forms of land transactions are emerging and the land lease market is becoming more and more flexible. In post green revolution period, studies have been taken up to measure the impact of it on wage rates, duration of employment, labour hiring practices etc. The changing forms of land and labour markets have produced substantial impact on rural economy. The movement of very small and marginal farmers from production to labour processes and the entry of small and medium farmers in the land lease market have changed the structure of production and production relations. It is essential to analyse the dynamic process of change and its differential impact across the classes and sectors of the rural economy. With this background, the present research attempts to answer the research questions related to the emerging trends in land and labour markets in the irrigated area vis-a-vis the rainfed area.