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.
North Carolina State Motto: Esse Quam Videri. Literal Translation: To be rather than to seem. The motto is a literal translation of a phrase from a sentence in Cicero's On. Friendship (De Amicitia, chapter 26). The complete sentence in Latin is: Virtute enim ipsa non tam multi praediti esse quam videri volunt.