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.
motto (Noun). A sentence, phrase, or word, forming part of an heraldic achievement. motto (Noun). A sentence, phrase, or word, prefixed to an essay, discourse, chapter, canto, or the like, suggestive of its subject matter; a short, suggestive expression of a guiding principle; a maxim.otto (noun). a sentence, phrase, or word, prefixed to an essay, discourse, chapter, canto, or the like, suggestive of its subject matter; a short, suggestive expression of a guiding principle; a maxim. Origin: [It. motto a word, a saying, L. muttum a mutter, a grunt, cf.