Monday, May 26, 2008

Great Pyramid of Giza

The Great Pyramid of Giza, also called Khufu's Pyramid or the Pyramid of Khufu, and Pyramid of Cheops, is the oldest and most significant of the three pyramids in the Giza Necropolis bordering what is now Cairo, Egypt in Africa, and is the only remaining member of the Seven Wonders of the Ancient World. It is held the pyramid was built as a tomb for Fourth dynasty Egyptian pharaoh Khufu (Cheops in Greek) and builds over a 20 year period ultimate around 2560 BC. The Great Pyramid was the tallest man-made structure in the world for over 3,800 years. Obviously all that remains is the underlying step-pyramid core structure seen today. Many of the casing stones that once enclosed the structure can still be seen around the base of the Great Pyramid. There have been varying scientific and alternative theories regarding the Great Pyramid's construction techniques. Most accepted construction theories are based on the idea that it was built by moving huge stones from a quarry and dragging and lifting them into place.

There are three recognized chambers inside the Great Pyramid. The lowest chamber is cut into the bedrock upon which the pyramid was built and was incomplete. A passage from the Grand Gallery leads to the Queen's Chamber, while an entrance leads from the Grand Gallery to the King's Chamber. The sarcophagus of the King's Chamber was hollow out of a single piece of Red Aswan granite and has been found to be too large to fit through the passageway leading to the chamber. Both the King's Chamber and the Queen's Chamber contain small shafts that climb out of the pyramid. Egyptologists now conclude they were instead used for ceremonial purposes. The Great Pyramid is the only pyramid known to contain both ascending and descending passages. The Great Pyramid of Giza is the main part of a complex setting of buildings that included two mortuary temples in honor of Khufu (one close to the pyramid and one near the Nile), three smaller pyramids for Khufu's wives, an even smaller "satellite" pyramid, a raised causeway linking the two temples, and small mastaba tombs surrounding the pyramid for nobles.

Sunday, May 18, 2008

Mountain

A mountain is a landform that extends over the nearby terrain in a limited area. A mountain is normally steeper than a hill, but there is no commonly accepted standard definition for the height of a mountain or a hill though a mountain typically has an exacting summit.

Mountains are on the whole given as heights over mean sea level. The Himalayas generally 5 km above sea level, at the same time as the Andes average 4 km. Most other mountain has 2 – 2.5 km. The peak mountain on Earth is Everest, 8,848 m (29,028 feet), locate in the world's most vital mountain range, the Himalayas.

Sufficiently big mountains have particularly different climatic conditions at the top than at the base, and will thus have different life zones at different altitudes on their slopes. The plants and animals of a sector are to some extent lonely when the zones above and below are harsh, and numerous unique species take place on mountainsides as an end result. Great cases are identified as sky islands. Cloud forests are forests on mountain sides which are a focus for moisture from the air, and thus creating a single ecosystem. Very tall mountains may possibly be enclosed in ice or snow.

Sunday, May 11, 2008

Economic order quantity

Economic order quantity is that stage of inventory that minimizes the total of inventory holding cost and ordering cost. The framework used to decide this order quantity is also known as Wilson EOQ Model. The model was developed by F. W. Harris in 1913. But still R. H. Wilson is given credit for his early in-depth study of the model.
Underlying assumptions
The ordering cost is constant.
The annual (or monthly or whatever periodicity you desire, here we will use annual) demand for the item is stable over time and it is known to the firm.
Quantity discounts doesn't exist.
The order is received immediately after placing the order.

Sunday, May 04, 2008

Technical analysis

Technical analysis is a financial markets technique that claims the ability to forecast the future direction of security prices through the study of past market data, primarily price and volume. In its purest form, technical analysis considers only the actual price behavior of the market or instrument, on the assumption that price reflects all relevant factors before an investor becomes aware of them through other channels. Technical analysts may employ models and trading rules based, for example, on price transformations, such as the Relative Strength Index, moving averages, regressions, inter-market and intra-market price correlations, cycles or, classically, through recognition of chart patterns.

Technical analysis is widely used among traders and financial professionals, but is considered by many to be pseudoscience or "voodoo finance;" it receives little or no direct support from academic sources and is considered akin to "astrology." Academics such as Eugene Fama say the evidence for technical analysis is sparse and is inconsistent with the weak form of the generally-accepted efficient market hypothesis. Economist Burton Malkiel argues, "Technical analysis is an anathema to the academic world." He further argues that under the weak form of the efficient market hypothesis, "...you cannot predict future stock prices from past stock prices."