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  2. Luxottica - Wikipedia

    en.wikipedia.org/wiki/Luxottica

    Luxottica Group S.p.A. is an Italian eyewear conglomerate based in Milan. As a vertically integrated company, Luxottica designs, manufactures, distributes, and retails its eyewear brands all through its own subsidiaries. The company, presently organized as a subsidiary of EssilorLuxottica which formed when the Italian conglomerate merged with ...

  3. Coupon collector's problem - Wikipedia

    en.wikipedia.org/wiki/Coupon_collector's_problem

    Coupon collector's problem. In probability theory, the coupon collector's problem refers to mathematical analysis of "collect all coupons and win" contests. It asks the following question: if each box of a given product (e.g., breakfast cereals) contains a coupon, and there are n different types of coupons, what is the probability that more ...

  4. Phase-out of incandescent light bulbs - Wikipedia

    en.wikipedia.org/wiki/Phase-out_of_incandescent...

    According to this source, 1 November 2011 to 30 September 2012 will be a transitional period and as of 1 October 2012, imports and sales of ordinary incandescent bulbs of 100 watts or more will be prohibited. The first phase will be followed by a ban on 60-watt-and-higher incandescent light bulbs starting in October 2014.

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  6. Buy one, get one free - Wikipedia

    en.wikipedia.org/wiki/Buy_one,_get_one_free

    The economist Alex Tabarrok has argued, that the success of this promotion lies in the fact that consumers value the first unit significantly more than the second one. So compared to a seemingly equivalent "Half price off" promotion, they may only buy one item at half price, because the value they attach to the second unit is lower than even the discounted price.

  7. Number of 401(k) ‘millionaires’ reaches new high - AOL

    www.aol.com/finance/number-401-k-millionaires...

    As of June 30, nearly half a million 401(k) accounts (497,000) had balances of $1 million or more, up 2.5% from the prior quarter. The average balance hit $1,595,200, up from $1,581,000 at the end ...

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