Word: built
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Dates: during 2000-2009
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...largest expense is buying and keeping "mother ships" in good working order. The boats are usually trawlers which are, based on photos, about 100 feet long. One or two of these have been sunk by foreign navies, but they do not have to be replaced often. A large trawler built in the 1970s costs about $1 million. A trawler that is ten years old costs closer to $3 million. Some of the trawlers the pirates use were probably seized during their raids. Most research indicates that one out of three attempts by the pirates to hijack a ship succeeds. Covering...
...have no choice, and since this violates our manifest destiny to do as we please, it may take a while before we notice that those are often the changes we need to make most. We ran a good long road test of the premise that more is better: we built houses that could hold all our stuff but were too big to heat; we bought cars that could ferry a soccer team but were too big to park; we thought we were embracing the simple life by squeezing in a yoga class between working and shopping and took an extra...
...Americans experience an outage, says Arshad Mansoor of the Electric Power Research Institute, which is funded by the utility industry. Why is this a good thing? Because it means the grid deals with breakdowns all the time, and the industry knows how to fix them. The grid has built-in redundancies and manual overrides that allow for restoration of supply. Mansoor is careful to point out that these are "not defenses against cyberattacks, but for dealing with the consequence of such attacks...
...Other researchers are pursuing intriguing new stem cell options, including stem cells that can be grown from a patient's own skin, which would eliminate the need for extracting immune stem cells from bone marrow. "Every door that we open leads to another door," says Burt. "All research is built by sitting on the shoulders of other studies. This trial is something that will contribute to and move the field of stem cell therapy forward." It is, as Burt says, a start...
...most common, which these cuts contain in spades, is that of wasting sunk research and development costs. For example, suppose $50 billion are spent over 10 years to develop the technology necessary to produce a new airplane. When the plane is finally ready to be built, a recession hits and Congress decides to cancel the plane after only 10 are built. Even though the marginal cost of each aircraft might be only $70 million, these planes are assigned the entire sunk cost and are now “$5 billion aircraft.” Critics then point to this aircraft...