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An envelope is a common packaging item, usually made of thin, flat material. It is designed to contain a flat object, such as a letter or card. Traditional envelopes are made from sheets of paper cut to one of three shapes: a rhombus, a short-arm cross or a kite. These shapes allow the envelope structure to be made by folding the sheet sides ...
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The Snell envelope, used in stochastics and mathematical finance, is the smallest supermartingale dominating a stochastic process.
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The outer edges of the diagram, the envelope, show the possible conditions that the aircraft can reach in straight and level flight. For instance, the aircraft described by the black altitude envelope on the right can fly at altitudes up to about 52,000 feet (16,000 m), at which point the thinner air means it can no longer climb.
The cost of energy production depends on costs during the expected lifetime of the plant and the amount of energy it is expected to generate over its lifetime. The levelized cost of electricity (LCOE) is the average cost in currency per energy unit, for example, EUR per kilowatt-hour or AUD per megawatt-hour. [5]
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