Identify Some Scheduling Optimization Systems That Are Used at Retail

question 29

Essay

Identify some scheduling optimization systems that are used at retail stores. Describe what these systems do.

---

Definitions:

Duration-based Immunization

A strategy used in portfolio management to minimize the risk of interest rate fluctuations by matching the duration of assets and liabilities.

Rebalanced

The process of realigning the weightings of a portfolio of assets to maintain an original or desired level of asset allocation or risk.

Modified Duration

A measure of the price sensitivity of a bond or other debt instrument to an interest rate change, factoring in the changing cash flow timings.

Price-volatile

Characteristic of a financial instrument whose price can undergo significant fluctuations in a short period.