vault backup: 2026-01-02 08:12:04

This commit is contained in:
2026-01-02 08:12:04 -05:00
parent 08b308804d
commit cfe8c4b88f
6 changed files with 23 additions and 15 deletions
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@@ -111,7 +111,7 @@
"library2": { "library2": {
"type": "excalidrawlib", "type": "excalidrawlib",
"version": 2, "version": 2,
"source": "https://github.com/zsviczian/obsidian-excalidraw-plugin/releases/tag/2.16.1", "source": "https://github.com/zsviczian/obsidian-excalidraw-plugin/releases/tag/2.18.3",
"libraryItems": [] "libraryItems": []
}, },
"imageElementNotice": true, "imageElementNotice": true,
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@@ -25,11 +25,12 @@ and undoing years of poor conditioning is... not easy.
## Naming Conventions (Use Case vs. Description) ## Naming Conventions (Use Case vs. Description)
Related: [[realism-vs-instrumentalism]] Related topic: [[realism-vs-instrumentalism]]
Naming by use case is intuitive for those without estimating or field experience, Naming by use case is intuitive for those without estimating or field experience,
but has the side effect that those accustomed to the names but has the side effect that those accustomed to the names
will inevitably _treat them as descriptive_. will inevitably _treat them as descriptive_,
leading to [[ambiguity#Category Mistake|category mistake]].
| Use Case | Description | | Use Case | Description |
| ------------------- | ------------- | | ------------------- | ------------- |
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@@ -11,6 +11,10 @@ title: Markup vs. Margin
--- ---
# Markup vs. Margin # Markup vs. Margin
**Markup** and **margin** are both terms to describe the percent profit of a sold good or service.
**Markup** describes an item's profit relative to its cost to the merchant.
**Margin** describes an item's profit relative to its cost to the customer.
$$ $$
\text{Profit} = \text{Sell Price} - \text{Cost}, \quad \text{Profit} = \text{Sell Price} - \text{Cost}, \quad
\text{Markup} = \frac{\text{Profit}}{\text{Cost}}, \quad \text{Markup} = \frac{\text{Profit}}{\text{Cost}}, \quad
@@ -31,4 +35,4 @@ Because of \*waves hands\* finance reasons,
contractors (and sellers of products and services in general) contractors (and sellers of products and services in general)
almost exclusively talk about profit in terms of margin. almost exclusively talk about profit in terms of margin.
Even if someone says "15% _markup_" Even if someone says "15% _markup_"
they're still probably talking about margin. they may still be talking about margin.
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@@ -33,7 +33,7 @@ Each supertopic note will be linked as below.
%% %%
## Risk-Oriented-Estimating ## Risk-Oriented Estimating
Main article: [[risk-oriented-estimating]] Main article: [[risk-oriented-estimating]]
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@@ -434,17 +434,20 @@ and/or from spending time near larger gravity wells.
Also a spacefarer Also a spacefarer
### Ymar ### The Previous Autarch
Severian's unnamed predecessor to the autarchy.
He is not Ymar, but Ymar's successor.
Severian's predecessor to the autarchy.
He takes several forms in Severian's narrative He takes several forms in Severian's narrative
before they meet in truth. before they meet in truth.
Master Rudesind, the painting cleaner * Master Rudesind, the painting cleaner
at the Citadel and then the House Absolute at the Citadel and then the House Absolute
Maybe? Maybe? No.
Confused with the unnamed clerk of the House Absolute.
The proprietor of the House Azure * The proprietor of the House Azure
who is also [[#Vodalus]]'s contact who is also [[#Vodalus]]'s contact
in the House Absolute in the House Absolute
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@@ -53,10 +53,10 @@ as reported in the winning contractor's historicals.
an organization pays in estimator hours. an organization pays in estimator hours.
These hours have a direct cost in salary and benefits, These hours have a direct cost in salary and benefits,
however the greater cost is the opportunity cost however the greater cost is the **opportunity cost**
of tying up an estimator who could otherwise be starting a new project. of tying up an estimator who could otherwise be starting a new project.
In many cases, the utility of doubled throughput In many cases, the [[utility]] of doubled throughput
far outweighs the increased risk of individual bids. far outweighs the increased risk of individual bids.
%% %%