查询词典 horizontal merger

By means of equilibrium outcome analysis of merger game, it gives the decision basis that rational firm strategically selects merger model and analyze the interests conflict between consumers and firms and government under the equilibrium merger model in the imperfect information analysis, by means of the prior probability of firm marginal cost described by continuous distribution function, the passage clarifies the relations between pre-emptive merger with rational expectation and equilibrium merger model, in the vertical relation industry.

在对不完全信息下企业兼并博弈的分析中，通过以连续分布函数形式描述的企业边际成本的先验概率，本文给出了具有纵向关系的产业中，具有理性预期的先置兼并作用及与均衡的兼并模式之间的关系。

A second complication arising from the merger is that the 1977 figures shown in this report are different from the 1977 figures shown in the report we mailed to you last year. Accounting convention requires that when two entities such as Diversified and Berkshire are merged, all financial data subsequently must be presented as if the companies had been merged at the time they were formed rather than just recently. So the enclosed financial statements, in effect, pretend that in 1977 the Diversified-Berkshire merger already had taken place, even though the actual merger date was December 30, 1978. This shifting base makes comparative commentary confusing and, from time to time in our narrative report, we will talk of figures and performance for Berkshire shareholders as historically reported to you rather than as restated after the Diversified merger.

合并案所引发的第二项影响则是今年报表中秀出1977年的数字与去年提供给各位同一年度的数字有所不同，会计原则要求当像多元零售与伯克希尔这样二个独立个体合并时，所有报告的财务数字都必须假设这两家公司原本就在一起，所以后续呈现所有数字，是假设这两家公司早在1977年就已经合并，虽然真正合并的日期是1978年的12月30日，这样的改变使得比较性的评论很容易产生混淆，因为以往的报告中，我们告诉各位的都是伯克希尔的历史记录，而非依照合并多元零售后重新修正数字。

The doctrine of merger arises in equity in three contexts: merger of estates, merger of charges, and merger in conveyance.

在衡平法上合并原则可应用于三项内容当中：产业权合并、押记合并及转易契合并。

Theequivalence percolation resistance law is accurate enough to be used in productivitycalculation of horizontal well pattern.(3) Productivity of mixed well pattern of horizontalwell or multilateral horizontal well and vertical well is constructed and formulae are simpleenough to be used in the oilfield. The patterns include 5-spot pattern,7-spot pattern and9-spot pattern.(4) Productivity formula of united rectangular well pattern of horizontaland vertical wells is constructed. By this formula, the calculation results show that fora horizontal well length, there is a shape factor at which the productivity of the patternis biggest. So optimum method of the well pattern is proposed.(5) A new concept ofdimensionless length of horizontal well is advanced and the relationship of optimum shapefactor of the rectangular well pattern against dimensionless length of horizontal well ispresented. The influences of length of the horizontal well, area of the well pattern unitand the thickness of reservior are concerned.

利用该公式计算表明：当水平井长度一定时，存在一个最优井网形状，使得水平井的产能最大，在此基础上提出了水平井井网的优化方法；(5)提出了水平井无因次长度的概念，给出了联合井网最优井网形状因子与水平井无因次长度的关系式，并对水平井长度、油层厚度及井网面积对产能的影响进行了分析；(6)推导出了一无限水平井井排在XY 平面内势的解析解，为不同水平井整体开发井网或水平井和直井井网整体开发渗流理论的研究奠定了理论基础；(7)建立了交错式水平井与直井整体开发渗流理论，给出了拟三维条件下井网产能的精确解析解及该井网最优井网形状因子与水平井无因次长度的关系，并对产能的影响因素进行了分析；(8)建立了水平井与水平井正排列井网、交错排列井网条件下渗流理论及井网产能在拟三维条件下的精确解析解，给出了交错井网条件下最优井网形状因子与水平井无因次长度的关系，通过与正方形井网对比，说明优化井网可大幅度提高开采效果；(9)建立了分支水平井和直井面积井网水油两相非活塞驱替条件下渗流问题的解析解，给出了见水前后无因次产量与无因次时间的关系式以及见水时间等。

Horizontal merger has become an effective means of an enterprise's rapid expansion, while the result of internal supply chain integration after merger will determine the success of the merger process.

横向并购已经成为企业快速扩张的一种有效手段，而内部供应链的整合将会决定横向并购行为的成败。

The influences of horizontal merger on upper suppliers and the profit of the whole supply chain were investigated,and the effects of the power structure within a supply chain during horizontal merger were analyzed.

研究了在Cournot市场竞争条件下，生产企业的横向并购对于上游供应商和整条供应链利润的影响，以及供应链权力配置在并购中的效应。

In the analysis of incentives of firm's horizontal merger under open economy, through the agency of study about the cost function of firms and the enterablity of industries, the passage makes a study of the horizontal merger incentive influence from import duty, the most important international trade barrier.

在对开放经济下企业兼并动机的考察中，本文从企业的成本函数和产业的可进入性这两个方面出发，研究了进口关税这一最为重要的贸易壁垒对出口企业兼并动机的影响。

In conclusion, by the agency of analysis about the social welfare effects and incentives in firm's horizontal merger under open economy, the paper catches sight of the relationship between the international economic integration and the firm's horizontal merger, and the impact that international trade policy imposed on industry organization structure.

总之，本文通过对开放经济下企业横向兼并的福利影响与兼并动机的系统研究，揭示了全球经济一体化与企业兼并的密切联系，以及国际贸易政策对产业结构的影响。

In the study of firm's horizontal merger under open economy, we used the differential analysis way under game model. The result reveals the relationship of the condition in international trade and the social welfare effects in firm's horizontal merger under an international competitive industry.

在本文利用博弈模型下的微分分析技术对开放经济下企业横向兼并的福利影响进行的研究中，揭示了企业横向兼并的福利影响与国际贸易状况之间的紧密联系，得出了各种不同情况下横向兼并所产生的社会福利影响，从而给出了一组具有系统性的分析结论。

One has proved that the viewpoint that the horizontal sidetrack is the most important technology for exploiting "large scale"unswept remaining oil in mature oilfields from three aspects.They are:(1) the horizontal sidetrack is the main technology for exploiting primary rich areas of"large scale"unswept remaining oil in mature oilfields;(2) the horizontal sidetrack can hit any rich area of"large scale"unswept remaining oil in reservoirs;(3) the cost of the horizontal sidetrack is more low in contrast with the vertical well and the conventional horizontal well.

从三方面论证了侧钻水平井是开采成熟油田&大尺度&未波及剩余油最重要的技术这一观点：①侧钻水平井是开采成熟油田&大尺度&未波及剩余油主要富集区的主要技术；②侧钻水平井可钻达油层中任何部位的&大尺度&未波及剩余油富集区；③侧钻水平井比钻垂直井和常规水平井费用低得多、更加经济。

The university spirits are the quintessence of a university, and they are cohesive force, creativity and vitality of a modern university.

大学精神是一所现代大学的凝聚力、创造力和生命力，是大学的精髓所在。

MODFLOW model is used to simulate ground water level and water quantity and forecast in this paper.

为了加强地下水资源的管理，合理开发利用和有效保护地下水资源，必须进行地下水资源的调查与评价。