The authors demonstrate that when the forecast. evolves. over time and demand volatility is high or stochastic, the. marginal. value of time is high and investment in lead-time reduc-. tion. is warranted.1 The de Treville et al.
For other uses, see Motto (disambiguation) . A motto (derived from the Latin muttum, 'mutter', by way of Italian motto, 'word', 'sentence') is a maxim, a phrase meant to formally summarize the general motivation or intention of an individual, family, social group or organization.hips and submarines in the Royal Navy each have a badge and motto, as do units of the Royal Air Force. Latin has been very common for mottos, but for nation states their official language is generally chosen.
The Maine state motto Dirigo is Latin for I direct, I lead or I guide and the Maine state motto appears on the state seal and state flag. The Polar Star on the state seal has a unique symbolic meaning when combined with the Maine motto. The following paragraph provides some insight into this connection: