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.
E pluribus unum is the official motto of the United States. It means out of many, one in Latin. It has been placed on the U.S. dollar bill, and other related items. The motto was suggested by the first Great Seal committee in 1776. Consultant and artist Pierre Du SimitiÃ¨re chose the Latin motto, and his design expresses this theme.