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Terminal verification results (TVR) or Tag '95' [1] is an EMV data object . The TVR is a series of bits set by the terminal reading an EMV card, based on logical tests (for example has the card expired). This data object is used in the terminal's decision whether to accept, decline or go on-line for a payment transaction.
One rule of the 2010 version ("Delivered at Terminal"; DAT) [8] was removed, and is replaced by a new rule ("Delivered at Place Unloaded"; DPU) in the 2020 rules. The insurance to be provided under terms CIF and CIP has also changed, increasing from Institute Cargo Clauses(C) to Institute Cargo Clauses(A). Under the CIF Incoterms rule, which is ...
FOB (free on board) is a term in international commercial law specifying at what point respective obligations, costs, and risk involved in the delivery of goods shift from the seller to the buyer under the Incoterms standard published by the International Chamber of Commerce. FOB is only used in non-containerized sea freight or inland waterway ...
A container port, container terminal, or intermodal terminal is a facility where cargo containers are transshipped between different transport vehicles, for onward transportation. The transshipment may be between container ships and land vehicles, for example trains or trucks , in which case the terminal is described as a maritime container port .
A Terminal Operating System, or TOS, is a key part of a supply chain and primarily aims to control the movement and storage of various types of cargo in and around a port or marine terminal. The systems also enables better use of assets, labour and equipment, plan workload, and receive up-to-date information.
A delivery order (abbreviated D/O [1]) is a document from a consignee, or an owner or his agent of freight carrier which orders the release of the transportation of cargo to another party. [2] Usually the written order permits the direct delivery of goods to a warehouseman , carrier or other person who in the course of their ordinary business ...
An oil terminal (also called a tank farm, tankfarm, oil installation or oil depot) is an industrial facility for the storage of oil, petroleum and petrochemical products, and from which these products are transported to end users or other storage facilities. [1]
The value function of an optimization problem gives the value attained by the objective function at a solution, while only depending on the parameters of the problem. [1] [2] In a controlled dynamical system, the value function represents the optimal payoff of the system over the interval [t, t 1] when started at the time-t state variable x(t)=x. [3]