Debt-Adjusted Cash Flow (DACF) is used to reduce distortions in cash flow figures. Distortions arise from different financing methods, and the different accounting methods related to these financing methods.
DACF is mainly used when there is substantial debt, large cash flows, and significant impact of tax treatment. This is not unusual in oil and gas companies.
DACF smooths out the differences so that DACF figures can be compared across companies to help assess relative performance and valuations. If companies handle exploration costs in very different ways, then an adjustment for exploration is included in the DACF calculation which is: cash flow from operations + financing costs (after tax), and sometimes + exploration expenses (before tax) +/- working capital adjustment.
In the oil and gas sector, definition is the name of an upstream process which determines how a resource (a reserve of oil or gas) can best be recovered and exploited.
A demand flow scheduling system uses customer orders as the basis for calculating production schedules. This is central to demand-based manufacturing strategies, which generally require good cooperation along the supply chain.
Demand management is the supply chain management process which identifies customers’ requirements and balances these with the capabilities of the supply chain.
The published mission of the Department of Defence (DoD) is to provide the military forces needed to deter war and to protect the security of the USA. The military consists of seven armed forces (army, marines, navy, air force, space force, coast guard and national guard); eleven combatant commands with regional or functional roles; plus supporting capabilities.
Desalination is a set of processes to remove salt and minerals from seawater. The result is water for human consumption or agricultural use. Water from desalination is usually more expensive than other sources, so is generally found in regions with limited water supply, and also on ships and submarines.
Design for Assembly is the practice in which ease and cost of assembly is emphasized during the product-design stage.
Design for Logistics is the practice in which physical handling and distribution of a manufactured product are emphasized during the product-design stage.
Design for Manufacturability is the practice in which ease and cost of manufacturing, including quality-assurance issues, are emphasized during the product-design stage.
Design for Procurement is a practice in which product designers work effectively with suppliers and sourcing personnel to identify and incorporate components, technologies or designs that can be used in multiple products. This facilitates the use of standardized components to achieve economies of scale and assure continuity of supply.
Design for Quality is the practice in which quality assurance and customer perception of product quality are emphasized as an integral part of the design process.
Design for Recycling/Disposal is the practice in which ultimate disposal and recycling of the manufactured product are considered during the product-design stage.