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The Standard Marine Communication Phrases ( SMCP) is a set of key phrases in the English language (which is the internationally recognised language of the sea), supported by the international community for use at sea and developed by the International Maritime Organization (IMO). They aim to explain: 1) external communication phrases – ship ...
FOB (shipping) FOB ( free on board) is a term in international commercial law specifying at what point respective obligations, costs, and risk involved in the delivery of goods shift from the seller to the buyer under the Incoterms standard published by the International Chamber of Commerce. FOB is only used in non-containerized sea freight or ...
In computational complexity and optimization the no free lunch theorem is a result that states that for certain types of mathematical problems, the computational cost of finding a solution, averaged over all problems in the class, is the same for any solution method. The name alludes to the saying "no such thing as a free lunch", that is, no ...
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According to a ComScore report released today, nearly half of those orders included free shipping, at 47% versus 53% for Q’1 ’11, 49% versus 51% in Q’4 10 (the holiday season) and 41% versus ...
The slang itself is not only cyclical, but also geographical. Through time, certain terms are added or dropped as attitudes toward it change. For example, in the early days of the CB radio, the term "Good Buddy" was widely used. [2] Nicknames or callsigns given or adopted by CB radio users are known as "handles".
TANSTAAFL: a plan for a new economic world order. (Pierre Dos Utt, 1949) The earliest known occurrence of the full phrase (except for the "a"), in the form "There ain't no such thing as free lunch", appears as the punchline of a joke related in an article in the El Paso Herald-Post of June 27, 1938 (and other Scripps-Howard newspapers about the same time), entitled "Economics in Eight Words".
Using data science and some big ideas about how delivery will evolve in the years ahead — for example, it thinks we should move away from free shipping — the company is on an ambitious track ...