Minimum level Sample Clauses

Minimum level. For the minimum stock the values of the actual minimum stock of the first of January 2012 are used. The original values are divided by the minimum order quantity to correct for the batches. Repair time Machine M The total time spent in the CBT is also depends on the unavailability of SRUs and routings between different repair groups. At NedTrain there is data available about the cycle time of an order at the CBT. This cycle time starts a moment for the actual repair and ends when the order is repaired. Data of these cycle times is obtained by Xxxxx Xxxxx and has a range from January 2008 until March 2011. Several assumptions are made in the calculations for input parameters for the repair time for machine M. These are listed below. - For every SKU the ten most recent measures of the cycle time of the repair are used to calculate the mean and standard deviation - Only the measurements from 2010 and 2011 are taken; when there are no other mea- sures available an exception is made. - If there are less than ten measures available then the number available is used - The cycle times of an order are converted to the minimum order quantity which is given at the data of 2012 (which means divided by the actual order quantity and multiplied by the minimum order quantity) - When multiple orders have the same cycle time and the same start date, these orders are seen as a batch, and therefore have to be converted together to the minimum order quantity. - When there are no cycle times available for the estimation of the repair time, the average cycle time of the all orders processed in 2011 is used. The average repair time of these orders becomes 15.19 days. This average repair time is independently from the order quantity. The standard deviation these parts gets is equal to the mean. This is done because in this case the parts have an exponential repair time, which is quite extreme. - For simulation in Chi, it is assumed that repair times are gamma distributed. Therefore the mean and standard deviation are used to determine the input parameters of a Gamma distribution. - In the manual of Chi is written that the Gamma distribution has the parameters a and · ·
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Minimum level. All plant operators (shift) are expected to attain Plant Operator II as a minimum. At this level a person can operate all areas of the plant and this represents the minimum long-term sustainable position with regards to call-in coverage and plant flexibility. Operators, who fail or decline to attain Plant Operator II, may have their employment position reviewed. Transitional Arrangements Operators who have Level 4 or higher under the old progression model, will be allowed to reach Level 6 under the old progression model. Operators who have Level 3 or lower will retain the same level and remuneration however will train for the Plant Operator I or Plant Operator II position. Before advancing to a higher level in the new system the person must have completed all the requirements for the higher level (and all the lower levels) in the new system. (For some of the basic requirements a person may be given exemptions based on assumed knowledge). TAFE Training There are two methods of satisfying the TAFE Training requirement.
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Related to Minimum level

  • Maximum Leverage Permit, as of any fiscal quarter end, the ratio of (a) Adjusted Portfolio Equity as of such fiscal quarter end to (b) Funded Debt as of such fiscal quarter end, to be less than 5.00 to 1.00.

  • Minimum EBITDA Section 9.23(c) of the Loan Agreement is hereby deleted in its entirety and replaced with the following:

  • Formal Level A. Level I:

  • Minimum Limits The minimum limits to be maintained by the School (inclusive of any amounts provided by an umbrella or excess policy) shall be $1 million per occurrence/$3 million annual aggregate.

  • Coverage Minimum Limits Commercial General Liability $1,000,000 per occurrence $2,000,000 aggregate Automobile Liability including coverage for owned, non-owned and hired vehicles $1,000,000 per occurrence

  • Performance Levels (a) The Performance Levels which apply to the performance by the respective Parties of their obligations under this Agreement are set out in Part 1 of Schedule 5. A failure by either Party to achieve the relevant Performance Level will not constitute a breach of this Agreement and the only consequences of such failure as between the Parties shall be the consequences set out in this Clause 5.6.

  • Staffing Levels To the extent legislative appropriations and PIN authorizations allow, safe staffing levels will be maintained in all institutions where employees have patient, client, inmate or student care responsibilities. In July of each year, the Secretary or Deputy Secretary of each agency will, upon request, meet with the Union, to hear the employees’ views regarding staffing levels. In August of each year, the Secretary or Deputy Secretary of Budget and Management will, upon request, meet with the Union to hear the employees’ views regarding the Governor’s budget request.

  • Minimum Liquidity The Borrower shall not permit Liquidity at any time to be less than $50,000,000.

  • Minimum Adjusted EBITDA As of any date of determination from and after April 1, 2008, if Borrowers do not have Net Debt in an amount less than $4,000,000 at all times during the most recently completed fiscal quarter, then Borrowers shall not fail to achieve Adjusted EBITDA, measured on a quarter-end basis, of at least the required amount set forth in the following table for the applicable period set forth opposite thereto (and the failure to do so shall be deemed an Event of Default): Applicable Amount Applicable Period $(1,234,000) For the 3 month period ending March 31, 2008 $(1,246,000) For the 6 month period ending June 30, 2008 $(200,000) For the 9 month period ending September 30, 2008 $(839,000) For the 12 month period ending December 31, 2008 $(750,000) For the 12 month period ending March 31, 2009 17 Applicable Amount Applicable Period $(500,000) For the 12 month period ending June 30, 2009 $(150,000) For the 12 month period ending September 30, 2009 $150,000 For the 12 month period ending December 31, 2009 $350,000 For the 12 month period ending March 31, 2010 $550,000 For the 12 month period ending June 30, 2010 $750,000 For the 12 month period ending September 30, 2010 $950,000 For the 12 month period ending December 31, 2010 and for each 12 month period ending as of the last day of each fiscal quarter thereafter

  • Minimum Balance Requirements To be a member and maintain Accounts with Us You must purchase 1 share in the Credit Union. The par value of a share in this Credit Union is $5.00. If the balance in Your primary share Account drops below 1 share ($5.00), at any time, We may, at Our option, close Your Account. Nonsufficient Funds Returns. Any share draft or pre-authorized transfer, or transaction made through the use of a debit card, or other electronic means, as is applicable (including any in-person transaction), that is presented to Us for payment on Your Account when Your Account lacks sufficient collected funds to pay any such item may, at Our option, be returned for nonsufficient funds or We may honor any such item and charge You a fee for doing so. Overdraft Balance Calculation. When processing transactions that debit or credit Your Account, We start each Business Day with Your final Account balance from the preceding Business Day. The final balance takes into account all of the debit and credit transactions that were settled that Business Day pursuant to Our Funds Availability Policy, as well as any other debits or credits to Your Account that were finally settled that day, as described above in the "Deposit of Items" and "Collection and Processing of Items" sections of the Account Agreement. This starting balance at the beginning of a Business Day (the preceding Business Day's final balance) is sometimes referred to as Your "actual balance." As credits and debits to Your Account are received by Us, We add them to and subtract them from Your actual balance. Examples of credits include, but are not limited to, electronic direct deposits, check deposits that have been fully and finally collected, ACH credits that have settled that day, and cash deposits made to one of Our tellers. Examples of debits include, but are not limited to, checks drawn on Your Account that are presented to Us for payment, electronic fund transfer (EFT) debit transactions (such as preauthorized payments and settled EFT debits), memo-posted EFT debits (EFT debits that We have authorized but which have not been settled), and Credit Union fees and charges. The result of this calculation at any given point in time is called Your "available balance." For the purpose of determining whether an overdraft has occurred, We use Your available balance. First, We add all of the settled credit transactions to the beginning actual balance. Then, We subtract all of the debit transactions that settled that day. We also subtract all of the pending debit transactions. This determines the available balance for overdraft purposes. Each debit transaction that We process when Your Account has a negative available balance is an overdraft, subject to an overdraft charge. Subject to applicable law, You are responsible for paying any overdraft fees and charges assessed in connection with Our payment of an overdraft, as well as any NSF fees charged to Your Account when We dishonor and return an item for non- sufficient funds. It is Your responsibility to know Your Account balance, and if You have any questions You should contact a Credit Union representative.

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