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.
Definition of motto. mottoes. mottos. 1 : a sentence, phrase, or word inscribed on something as appropriate to or indicative of its character or use âThe Crossroads of Americaâ is the motto of the state of Indiana. 2 : a short expression of a guiding principle âHope for the best and prepare for the worstâ is my motto.