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Monthly Archives: March 2012
It is hard to believe but if you combine two losing games then, in some situations, you can turn them into a winning game. This is known as Parrondo’s paradox, named after Juan Parrondo (pictured), a Spanish physicist, who discovered … Continue reading
Last year Lloyds TSB started a programme of staff cuts, cost cutting and efficiency improvements. They said: “We will optimise our demand management, simplify specifications and further strengthen our supplier relationships, reducing the number of suppliers to the group from … Continue reading