Ralph Parlette - The University Of Hard Knocks

Embed Size (px)

Citation preview

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    1/77

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    2/77

    !"#$%""$&"'(""#)&""*"%"%! !%&

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    3/77

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    4/77

    !,+-5-8+9(:-+(0!/"/"(""&&""

    $-"&$%#"&;.!"#($!!"#$%!$&'()*+'()*##&

    /#"7"&%"&%7"&"&2"##5""&/#%#&&%%"!!"#$%#!$&'()*'()*(,"&&&"

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    5/77

    /#&($#&&(""",!#-%$-5#

    +7""#/#"7$%!%#%%"+#(#"""%"1""9&%%&"%%/&%(""%8"#!#"

    +"(#"9!)&,!,$#--

    :"4#/#"%/+#===&:"""1+

    /%!"!"#"#)&/&/"##,!$"%+#&&+#81#(#$7"

    5"."$//%"%/+&&%&"$"&*"/&"#&/"7&

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    6/77

    '"7;-+/""!"1$#

    7",&&"#&&&;"#'#7*#$"#>?,9.58*-4!+,.9/(9/#1+"8""-

    ""&

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    7/77

    )0))8(;-!"$""""%"":"%"&

    !"&&"2"%

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    8/77

    ""#6"2"69"#9""&:""""&$"%""&!"

    &%"%#&""#""%"#"##&&"%"#":"#"##'(%""%"""#$#"",""""

    (#%#"""/.#0%#"&"#,""&&0%'"("&""0%""""&""&"""#""##("

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    9/77

    *()*/-.#0%%"&

    -""&"&$$&/"&$&)"&7"#""#"&'""&"%"&"!#"##"&"#""&"

    $&"%"%/4(>/&&"""##!%&7"&&&"#"&&&""#.#(&&

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    10/77

    *&%&"%"##%1#"#5&""##!%

    %""""#"&&/%!"&'""&%#"&7"#"##%&""&//1("&%#"&

    "&"&7"&"&"&"&"$/.#0%/1#90%/1#9#"0%$

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    11/77

    *001$0/7"&/$7"&9-(8:"&90%

    /##90%%"""##"/'"##"&/##&"###&"##&/!%

    (##&9%##&,"%##&;4">/""$##6&&>&%##&""%%"###,>#>

    /%#"&/&"&&"#""%#/""'"##&&/$#"1:"4&!##&%""!";4/"%&$4%6

    +";4#"'""%""%##"%#/"4#"7""%%#+%!%"###4#"

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    12/77

    +%"#/"#&/2"%%2"%###&"&"#%&"&+#+"#

    #*&!&8%8(""&/1#90%"&/@#$#"1#"%&:"&&/"%"%&7"&%&$#$##&$#&/$"%##

    "&("#("&&"(&"&"$"%#"&$""%"&%&$"&"&%!##>,&%&!3"#":"4:""""%:"

    4%#4#""#&>'"""%"&>9""&"&-)"#%/"#7+4*!/###;"

    "%#6&"##""&/#4"&%&5#"6"&""""A"%4>(:".&;6

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    13/77

    8&"/"&&""&9""1""2"3#"&"/"&"(""##"

    #"%##"##"#&"&"8%"#"&>8%""9#"###""#"""&""&9""%###&"+'"+'"#%##&""&+'%##"/#"##/"

    5&%&/&7"&5"##5!$%###"%"%#&&;#&%&"&&/#"&&&"/#"&"%/'""##&>

    ""&%"&-90%->$"&"""&("&"&""&"':"6:"&""&""/"#"':"&"""':"4%""%%&&&"&%"&>%&"/%#&&"&$#

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    14/77

    &%B"#"%+"!#""4"&$"##":"4"/%:"B#%##""#(#""%$

    ##>*&"#&""/##""&'"&(#&"#%&""/&"&"#&""B*"%""4)">7"4&"#%#&&%"("##"%&/#&%#&&'"#/%$4

    B"+#/'"%&%/"/1#90%>0%,"6/'""##""%%/"#$&5%%%"

    /#""&5

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    15/77

    *001$(0/7"&/7"&.7./#""&"&/"&"/

    "%%&"&:""&+"+"%:"""&!#""'":"'""%""&"""&%":""%%%":"%"&%"""#

    %""%"7"##%#-$"#/1#9#"0%/&"&&:"%9#"0%%"#""/#"9#"

    0%"#"("&"#""%%&"7""&&%%#%%###"###*#/!#5!&6+5":""#""#"#"#&&

    ;"%""&+56:""&/#"&':"&9#"0%"%""'":">,;"#6&"/"#":"""!""""

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    16/77

    /""&"">/)%#"&"&"")>"">("'">%&"/&'"*"#"%

    /%""&"&&&"/""&"/"&%&"/"&7"%+5/":""&("""&"/!"###+","&+""#;""+""##/

    %"#""0""#6%/3"/444$634444/4"""34""9#5"5#"

    8%#"#/1#9#"0%#+"""&&)%/%"&/$&&"&6#&&>/&"&""##&)/"2""""#&""

    !#&&%"&&!#&"&'"!#"&"&&&"##"""##"",%

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    17/77

    #&&"6$&"%6##",6,4>7"#&&%"%&"+(/"&"+&&4#%>/&"#/

    ##"&

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    18/77

    "&/&'"*#&&"&!#!&

    $#&""&/&"#&"/""#,"##&!#"#"#":"";""#"/#"""""&

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    19/77

    *,-0-$;,";9,$#99#"0%

    "&&"$"$"8"&"#,&&%7%##&/#"##&&"%##&&8"%%#&&("#""##&&&&"&"##"#%/"""%&"

    /;&"&6;&"&&&"6;"6"6+#"""&"&"#%#&""&!%/5:""6:"46+"

    %7"%7%!,";""6#">/&("#"#&&"&&"'/&&"&/"&&"##;""#"6&/"%&%":";%"&%5"#"

    )%:"%"&%:"%&

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    20/77

    8"1(&")'###"8"'#"&>"#"%"&&"&:"4&"!#"&&!>"!%7%%(04)>&&/4&!&"%&/%/%%"&&&

    /87$#&"%2"!:87"&:"79"87>("&"7"%%&%%/#'&8#"&&"7"

    -2"#&2"#

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    21/77

    #/%-"%&%/##&&"&&%%8#"##/%"&%

    #&&&&"&("##"&&&&"&6$#"##$%%&"

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    22/77

    !""&&"%&"%&"#(""#""&""%&"%#"&"&%&":"%#&"&&:""

    &&""&"%"""#""#&&%#"'###"$""!#"#/$#%&"",&")$##%2"#;"!""9&!#

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    23/77

    //####"&/#""/"#%#%/#"B""&B#"

    /."%,/&&%"&&&%%2""#/%")4%"4%%"&&4%"%%"&"&&94%"4%(%"

    "%6(""#"%#;""&6&4%"6/#4#"%""#%%"4$4#4%44!"9

    8#478!%"#'""#&&"&:"&"&!#"#&"#&&"#""%!#"$#"%&,#>#"&"7"

    $-(###%"&"/&%",#"67"#2"(""#&6/*>9#":""&"

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    24/77

    -&&""#"7"##"%/"##"#$"'"""&'"#%"""&'"""""&&

    $/''""#"$/"'###"&/"&/#""#&/"&&/"#%&"&%/"&/"'"*!(5*:"1%"#"##$#(##%%":"4"/)"

    #""'/4"*#"/"7"%""&"&%&%">*/4/4$+"

    $"&&"&""#"&E&F&""#%#$#%&'"##&""&"$%#"&"7""&"'%#"(&

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    25/77

    %"$""##7""##$"##

    (#&+#%/+%!#")"$&"&%"&"%$""7"%/&/%(#

    "+#$&(##1"#>"&"##/+#599"#""%#"#""(#""#"("##%

    #/#"&/###+%#/#&&"%%"#"#%""$"#&/#&&"""

    ("&"(>#"###">/#(>/%#&"#%##%&$"&&&$"&""#"

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    26/77

    %#""%%"#'#%#""/(#./#""/&"&&"/#

    "#"%/##""/%##:"":""%$"#"%"&&&&/%"&&&&&""&"#)&"(#/&"&&&&&&&9"###&B"74.+"47"5&!""#B"1#9

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    27/77

    %'"##"#"/#%"&&""&%7"#4#&%"&

    /"""#"B"1%>4#)4&2"&&/"##&/%##&"/""4$'",>7""#""//"""#%""&/"",>

    7""#";""#""6($+"%"+"""&"&(##'")"%"

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    28/77

    *,"1*$7$-"&/"&"&7"

    ""/>/#"/("##"""#4%"&""#)&$"#"#

    $"&"&"$""&&&&$"%$"$"$"#$"##

    $""$"&"#$"&"#"$&"""%$"$"$""%%&$%%%&"&">$%%%&">1"/##"

    /&&4&"/&9#/#&"*#/!"##"&&"##(#&

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    29/77

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    30/77

    ""#"$#"&"#""&!#"#"&"("&&&"#""&"&$#"%%##&$#"""&"

    (""#"$("&&"//""""&%"#"%&&&/"&""9#%%&HHH

    #""#/#"/$4+//&""/&*#""###"#&"/"&/"/+##"/$/##

    7"###"###%#,"#&"&""&&&"""&""&""".&""#C"""'"("##"#""&"/#"#&""#"

    #-%"#-%*5&%##"&%&&""%#&'""%##"

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    31/77

    &$%#$4$;"7%#&":"#"&"#"##/&"##/

    ##"#""1""2""&/"/&&&"#//%#"#%#%"#"#&"##"""###4&&"&""7"

    %"!"#"##""%#"&%"'/&&""&&*#&":"#&/#"/#"("""#""1""2"3&1!""%"#"&

    "&&""1%#1+&&%##""%7"1""2"%"&"#%"/#")#"&&&&"#"""""""""&

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    32/77

    #""/"$4%###%#6#"#&&"4"#"%!"7"###

    ""/4&%%%%/&"###%%&%/1##"#"%"8&%##""#%##%"#"&"%;*%$""""""&%#

    +",9"""#:"&"##">"""#:"

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    33/77

    *,'0)-*-5&18/-&&(

    %##/#/>/4"/#

    "#*""("&&&!4/>/"(#$"""2"##"()&&)

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    34/77

    ()&"2"#&()&%"()&+&""2"##&/""%'"

    &/!#"/#%-9&"'"#""/"%)#%/"#3%44%#"""#-%#

    #%&%*""(&"/#4"""&&&"#"""&&"$"")"/#"""&/#""

    #"##/#&&"##"""-&""""%#/)"+("4"#&%1;"5%"6:"#"#"&"#

    "/#"&!+/!#5"#(714#&&"/""##&&/"&"""*"""7$%"%"

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    35/77

    %/"%#/&"#&!12"1(#"%/#+&/

    $)&"&*""(&"&*""(&"55&">"#&%/"##4#%!"%%""&7"&&%##&"7$%&%7"#"&-"&"">

    "#""5"74/%"&"!"%#"%#%&&&$$%$$%&"%"#"%%1./(#"/7""#"#

    7"7"&"4#2"&&/%"####/%""/:""#%"9:%4":"&"%/%"""#""#%7""'""%"&""

    "#2")&"7&""&"/0%"*""&%&&"7"&&"

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    36/77

    "%%"&&"%:"2"#/

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    37/77

    /#(#"""%"7"9"4&%%!#

    "&"&"&"!#""##"618/-:"">:"*""":"%4"5&%#44#)##9""#):"#":"*"&"

    :"""&"%(#"""#"#"""#"#"#"*&""&%"#""""&""#"#"&"""&,""#&"&&&%#"#7""&"&&%%#

    "*"#%"#&"&95%$%7""%""B"%"#"""'"%&,#"%&&!"%%&%#%&!"%""""

    ""&%"&!"%"/%"/%/"%%"/#;"7"##%"&%'$"#"&&%'""%""&

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    38/77

    &/"%,&""%"#(""%"%%"#!#"%"#"#"%

    !""%""#/%!">7""%8"%4&"4"!&%##8"%"%#"","%,"%;&6%"9#"%&/",#"/"%/%%/

    1""%":"""&"&(""&&/"""#'##&"%'#"&&,"$%1&"#&&(%&&"%#%"&

    /&&"&&&&'##)&"#""&&$#&&"%"#"%##&&"%'*%#"&%&8#"%/%##(%"###&

    &%#"&"%#"'%#%#'"94%#%##""%&&/"&&"%"%""#%

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    39/77

    /"'#"#&/"#'"&&&%#&>#%%#""""&&

    :"%%""(%5"&&8/"'""#"%##"/"%#"%%#%#%7"%#""%%/&&%%/#/"

    /%"#""%&"&$"%%#+0#;"%/#&&"/"@11>$>8%#%&"#&&"#&%&'"&&"$##&""

    ">/"%"%/"""%#%('""$""##"""$"")"("%$6"

    8"6"&)444%"/&%&&""""""%%#",&&/%##%/##"##%#&

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    40/77

    //8"#1;"6#('#%%5"&"##&"%&>;

    "#&&/""&/5!##""&/#4"$&""%""#7"&&%(%#%&/#"$"")!"""*)7""")(

    "")"""/"""""")!""")"#"%&4##4##&"&&%#&$"6/&695#%

    "##"5%##&&"&"&""/"#"/"&"%#("&%%###%#&/%/##'/##""#&

    ##51";:%"#%#&5/7"##(%++"#"#"/"&&"&&"!

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    41/77

    /"&&"&$6;"&"$"&&&

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    42/77

    #"""&

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    43/77

    +"%#"#)(&"#!#&&"#1%%&""#"6/

    2"%:""

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    44/77

    *,0-(-/*/",$%>%#"

    :"4#-#"*"##"##"##$%6,"#"%"#%#9#(#"

    #"%###$%/""#$&$$>$"#")&"&"#-/"#"#%/2"#"#>$"#"%"&"&"#"##&(##-(;

    &-"6$6/6"##/"!"#(%(#""##&"&""/"%8":"%"

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    45/77

    "/'#'#/"##%$"""%"""#%#

    +"##4"#&#####"&>##"&"#&%#/"#%"&8%"%>*>/"#>#""%%""4

    :"14!#9:#":"4#/&"%""%%"/"#"&/&"

    #"#*"##""#&&"&!&"&!#%&!&-&-"%>;"6/&"94/%#

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    46/77

    "%&&%"7"4##*"#"###"/'""4

    !""#"#"&9)#"$"#"7"!&869>$!"&&&"2""&"8&(&%&&">'"E%4#%F%7"&&%/&&"&&&%+*;

    &&"#&%/"#;""#6"%$"#%"""%#%&%"&:"("""#"&,%/")%7"""/)"&,%&&&&

    "&;"#"&1(6/&&$##&&>/)&""&%-#;"#-6

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    47/77

    ##%%9%"%9"%%&"(%%#&"&

    #("9####"&>7#"&&"##"#/####"#

    /(17"!8"+")#:"$"6#""%###"#:"""&

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    48/77

    ,!8"7""%,!8"/14"%&&"%#/&"'&%"%#%>

    /"&%+#"#"%#"/#"#""##%"%#""%6:"""%:"&(1""%:"

    #8#'"'""%/&&&&*"9>>&"&&&&%&"#"/">7#""&&"#&1##&>/##"#%##"####"&>

    /#":"#+'"%'"2"%">,((>8#/#&"&:"":"4##""/#""""$":""&""#""%%"%&/#&&"%%"#

    #"#)&/""""#""4"&&"#""#"""""#"#""'""&"/"#&%#(%"&>/#"&""

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    49/77

    "#/&"8/""&&""-""$#"/"#"

    /"&:"""#"&%#%#%#"#/#"##"%>/1,/"&7)B"#"7

    >/&"#(##%/"4"##"#&>/"#"'#"/#"##/%"/""&&%"#/%-%"";9",#

    7(&E##F>E7#####>%""&!##'""%&IJF(&&"!"9"!9&%#"

    $E#&FE"#F$#EF1""$""$"&&"""

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    50/77

    #-6F7"%:"%""7(&""""%""&(##"#$#""""&",">

    ++!;""&'"&"'""##6;"&6"("%"/"&+/)%&"#""%7"">/##"&"#""7""#$")'%";4#"4:"4"""4%4#&"""

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    51/77

    "%#""9""/%!"&&"""%"#"%"&&"

    "55"%&&""""","#"%&"&&"#"&(""%"%5&%#'""#"%&"/"#"4/%""#/#/"&"#%#)&/"#%"#%

    $"""#%/%"""$"%""/%:"+"8:"!/&"&/&"7""##(&4"!"&&%""("#%!%%/%#&7"#&&:""

    B1""2"!"#"7!#/8#!"!&)%"B)#"!!"5&$/"&"B//8#!"!7"!4#"#"B""#/"#"7$%

    (B1":"""""/8#!"#"%""##"(&"4%&&""%#"##%8"$)"

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    52/77

    /!"#!$/"#1"#%#(#"%""%6"%%#&&6

    7""%#"#"2"464##6""#4%)#%#"&"#"%""%###'""9""%##/1B7/5#;B"$4#:"8"#"#&

    """("'"#&97%#)&"&/"%"#"##/%).#0%!B7""%&"&&""

    /&&"&&"(""#&&""&""""B74"&&"/5+#"""%##""#"&&%7""&"#####"%"#"""###"#")&'"###1B7

    /#"#"#"&/""%"##&"#&/"#"#"#")&+##"&/""&")

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    53/77

    "&"#%"%"%""%#"&&&%)"#""

    %/"&""""#2"""7"#&"%##"2"B8%"&4"&/#&"####!"&%#"&/%)%#.#0%7%#"

    -)&%"%+#""#9&"&9""#&,"""&&&""&/"!#8#+""-#"##&7%#"-)&-##

    #%##"-#"">%#":"""%#""&:"(&(#""&":"%:"%&&""#""#%&&"&9"

    (""&&%B""":"&"&"7"""%$"6$%"644>+#"">:""&:""&:"%#"&!#"%%#

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    54/77

    """+"%:""":""&%:"%#"#"

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    55/77

    *,!1++#5$5$(/&%>"%%&

    '&""2""&%)##%"$#"""#"$&"&""""$);"%"#)6/&&/"""%"/

    "%#$%#%""#%#&/-"$)"#"-)"&&";9B%/&"&"&%&%%#"&+#&+"%#>(>!

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    56/77

    #"%"##%&""&%&/!#8($)"/"%"#+4&&&

    ##5%&"/"##"/">&""#7""#"&"&"""#/%""&)"(&"&&$#"%""&"&

    9)'"KL=7"/%"#"&*;0;0""""4%&"%#KL="""#&"&""#*%KL="""##;0#%

    %"#&")#""#"#%%%##"#$&""##"11("""%""

    "//#"5&(""#/%5&&465&""&&""&

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    57/77

    %&%""&")"##">##/%"

    /""""%&""%"&"#%#'"#&"#"##"/&2"""&"#"%#6)&(##"&&"%#/

    /%#/&""""%/""%#>9B8"%$##B(&&&"&%B%#"%""&%""4%&""/B%#

    !%>/"&)"&"/&"&%#/1#"#&%#"+#B8B##"#"!"#%#/%""#"&%

    "##%+85/""&""1"4">#"%/"&"#+8"/";"""""%""###B6

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    58/77

    "&&"/###""&&&"/%#)&"&%)&%"&

    ,"####"&"&1&!"#"!#"&""&&"%#"&"%####"$&"%#/#"/#"+&"(##"

    ##""##"#/%%%%/##$&>B8##"#/

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    59/77

    "&&%#"7"%##B8&"#"#!%"!%&"#"###

    /7-*%##&&"(-*%"%%%&"#'#"!#%"''%""#(##*%#/##

    #"7"%##"&%4!%%">+&""%#*%&&"%%7""%#/###%$6$"

    *%##"&&&"""%"###&&&&"%#4%"##"#$7"$##7"

    ;"6/B#"#7"#9##/B"'"#"#"////#&"";#&";#"#:#"'"&7"%#

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    60/77

    /"##%##%#%"&""##8##"""#"$$#%&/!#$"&"6

    >$"$&"#+%%%""*"7"%(!""!+">7"#&;""/"$6/#&/"!#/###7"/#(7">$B"#6*>

    7"&""!"5%%%%&(&"###"&&"%"#!"!"%""####&"/%#%#&"#"&

    )"7"#"&"#/.#0%

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    61/77

    *."(//7%"7%/--#+8%

    /&&"#%,>")%%$#%61%>%+&&!*#$%$$"%""#+4%"%&""&2""/&5";"/&

    #&8+&&"6/""/+&&"&%"/#%$+&&"#:"3""#"/#""#"/+&&"/+&&%""##+)%"#""""#2"/"#"">""

    #"#""&%"&"&%"&;&%"&%"7"&%"&>#5>+##&"#"#""&/@"#8#7"&*"#"%&"4"$#""#"&&

    (#"$#(#">(">!")!"!"#'"#!"#/+&&"+":""#4"%&""#$

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    62/77

    #""#"+&&"#"#/#"&+&&"

    %&"&&D",!":"+&""":""-)""""/+&&!5"+&

    "#"7""&"""!8"#"7"&"-"";"%+&&"6/"+&"&"+&&"&"&(&&%&"%&$&/%##,,9!,./(9;,$

    -(/->&%""&"&"",,9!,./(9;,$-(/-*#/"("##:"$"-"&&"%%&%"""&/#""""""&"":"!#"/2"/%"##+)"##+">

    $&"##"""#"##!""$"#!"##%%/5"#&1

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    63/77

    /%&"#"")7"/#"#"#"%/"&&2"

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    64/77

    7%:%"#"">:"%6;"%6%"""

    :""&:"%""#&"4&"";4","#"##;"%&&6/#"#2""/&"5%&"/"##"&&"#"

    /&&"#2""/#"&&&""%&"#5"&&"#%""#&&&&%%#""#"%"7"""&54"&'"#"

    ,#&'"##&/":""&%"""##%"/"%""/&##""

    "#""&'"7"##7/""">!&&""#!&&&"&+"#*#+"&&&'"

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    65/77

    /&&">7;-/!7&&&"

    ##"&9"8#;!&%!%"##/!;$@4,+%"#""&,*'"#&",*4-%,#/%#"/&%"&!"4)"#"&4$"

    "4"&/47""6!4&4&)+"!;,*#"/"&)""$#&&+-8%,/&&%

    :"""#":"""&"#>7"&&+-"/+-"/(-!5""(&&"&&/"&"#&&""&&+-"%&"(""")#"&

    $%)&6%"4%"#(""##"#"/#&&&"#"+-%""6"&"""("

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    66/77

    /""&9"""$##>/###("6

    +7-+#"%+%-&&&")#>#+4##+%&"&%"####"""&%'>+#/(#:"+,"##+

    #"

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    67/77

    +)4&+")/"6(+9"4'"#""%&"##4%"/+"4%#%#7"%

    +#""(>+",>""-"#&!"/,#'#"#""""4#(""#1#$

    /#",#"B"1/&""#"/(7"#"!(#("'"%/!!2"##%2"#/'2"//"

    /"/&"%%"/$##9%"/,##"#"4&&$6/"&%&'/&&4&&

    /##4&$%"&>:"%"(#(#"##"#""&""

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    68/77

    $!/"##&(&>#""%""#"&

    &""#8'""2""%&(")&&&/""""#%+1")&&)""#"/2"4$2"4-7"#7"&-7

    -7###+"#2"4!"%"&""$#"&"!"&""%&"'$"'''"'4'"#"'"#(''&4%"'2"4"';"

    '6"%"#-7#"&"&"!"%""""""&>,&>""##"(-7"#%/&""""#&"&/"##"/*":")/4#"

    /"#");""#%+16"%")"&"#""%#/%#%,8&%>("-7&"%6

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    69/77

    (-7"%%>+#-7""75"6"#754"#&""&

    +&"+"9>$%%%>+"#"#/>####448##">47!"!"69>:"",#""

    &&(&"

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    70/77

    ""$60%"%#"/"##/"$&"

    ,&0%"%&+&&(""#&&

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    71/77

    /""1""2"3"%"/%#"7"M7#&"2"&&"

    7""""%"%!"*5"##"#"/$"69#"#&&"###""#&/+&&"7""/'"%%"&/&"#""&"%"&+&/+&&%!

    5"+&"&&&"7"/1%"/+&&&+"""%8%9#/%"-/1"#9"+&&%&"###(#">

    #"&"&0%"&"#"%1

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    72/77

    "6"&&"#""6;4%"%%>;"&&"#""&""%#>

    $"$#""//#"#%#""1""2"%%#""$#!&"442"9&&8!&>:"/&""&"#""#""#&""

    &:"""#&&%#:":""&&&&:,.(-!(@9:,.!-8*7:!(@9,/-!,,9!,./>($%#)$#"%#&%##&&&""2"/&&"&&/%#"%#%/&"/"#"

    ,>"#7""+&&&&8"$&"&"!""%#""""##+#

    #"%"%%#"#*#$"#"#:"2"":""&"#%"""""#"%%"&&"("+#%&"#"&

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    73/77

    #""%""!"*>$&"6("##+)6

    /+&&%""#"""#/&""#"&&!&"&%"""#(#&%&"""#"""$"""##+)"&""!&""&%#"#(&%#""%"##7""#"$-9-@-!/,5,9!,./

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    74/77

    *."1*!2(/;#@,$#>5&

    5&"%"5&"&&"8%%/"&!"###""%9"#

    $"&%"%"%##"&&&6;"%#&%#%#%6/"&)&"$""#"%##"&"#6/#"#;"&"&"%&&6;"2""6/&&"

    ;"&=""""5"&%""7"67

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    75/77

    &"$&>(&>;""""&)###6/"#""

    &""#!"">%";#">("">("&">*!"">.&+",.9@-!/:,*(;09,10!"&$""%$""#"7",#"""&>%""#"&"%8("##&&"#

    $""&""6""#$"%"#%"%"/+"8#")&+"8/"""1""#"#"#"##-+"

    #-+""##+"8%#%/%-"%*#2""%"/&"/##&&"%#&"#%'>%##"%####"&>

    /#"#(&/,#"&/""'""/"(&/""#/"&"#"%"#+"8&"#"&""",&"%)"##!"1#&"#"2"

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    76/77

    %#&&&"#"B"58(/&"#5#,#"#1/"&"":""&">

    (+"8"##!/",7"#/#%#>("&"("%"%%""&""##"##%"#%"&"

    "#"""&%(#"%"#/&&"/"4/%7"""/%&("#/""&%"##"""""(%&"""#"7.//-!.9!!99>""&"

    /&""7"#""9%"""&"&"#""##-"&"/%""&-%%"#/%""#/"/&"&"&"&"&

    /%%"&"&+"8"&"&/&%###"&&"&"8#+"8;/%""""%"&%%#5#/#"#%###"#

  • 8/14/2019 Ralph Parlette - The University Of Hard Knocks

    77/77