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Strategic material is any sort of raw material that is important to an individual's or organization's strategic plan and supply chain management. Lack of supply of strategic materials may leave an organization or government vulnerable to disruption of the manufacturing of products which require those materials. [ 1 ]
Strategic and Critical Materials Stock Piling Act of 1939; Long title: An Act to provide for the common defense by acquiring stocks of strategic and critical materials essential to the needs of industry for the manufacture of supplies for the armed forces and the civilian population in time of a national emergency, and to encourage, as far as possible, the further development of strategic and ...
A strategic reserve can be: Financial in nature such as ring-fenced funding or capital reserves of a large corporation. A commodity, such as intervention stocks of food or petrol (see security of supply and strategic petroleum reserves) Specific machinery, such as railroad cars or steam locomotives, to be used in an emergency situation.
When needed, Israel can request to access the WRSA-I stock, but the request would need to be approved by the US Congress. [12] During the 2014 Gaza War, the US authorized Israel to access 120 mm mortar rounds and 40 mm grenade launcher ammunition. [6] These munitions were part of a set of older items in the stock, and were due to be replaced soon.
Graphical example of a two-price buffer stock scheme Most buffer stock schemes work along the same rough lines: first, two prices are determined, a floor and a ceiling (minimum and maximum price). When the price drops close to the floor price (after a new rich vein of silver is found, for example), the scheme operator (usually government) will ...
Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last week, says it is considering taking legal action against the US government.
The US economy is on solid footing right now. Economists at Bank of America expect it to stay that way through next year. In a research note released to reporters on Monday, BofA's economics team ...
The NFL playoff picture is complete. Here's how the AFC and NFC fields ended up after Week 18, with the wild-card round up next.