Physical Sciences and Mathematics Commons^™

Robotic Realities: Near Term Prospects And Problems, Robert U. Ayres, Steven M. Miller

Research Collection School Of Computing and Information Systems

Industrial robots are automation, but with a difference. Other machine tools are extensions of human capabilities, while robots are seen mainly as substitutes for human workers. Robots will find most of their industrial applications during the next decade or two in the metal-working sectors, where they will begin to displace semiskilled machine operatives in medium to large batch production operations. They cannot substitute for skilled machinists or other workers doing nonroutine jobs, or specialized, dedicated hard automation used in mass production. The current generation of robots, lacking sensory data processing and interpretation capabilities, can potentially replace up to 1.3 million …

Robotics And The Conservation Of Human Resources, Robert U. Ayres, Steven M. Miller

Research Collection School Of Computing and Information Systems

Due to rapid expansion in the field of robotics, policy issues have arisen in regard to developing human skills to deal with the new technology and to deal with the obsolescent human skills which are the inevitable result of this growth pattern. Industrialists, educators, union leaders, and government officials must work cooperatively to insure that the coming changes are made with minimum disruption. Improved training methods and courses have to be developed for the skills needed to control, manage and supervise the new machines. Some of the ways in which this can be accomplished are through offering financial incentives for …

The Role Of Technological Change, Robert U. Ayres, Steven M. Miller

Research Collection School Of Computing and Information Systems

We develop an optimal growth model that includes several important new features. First, technological change is endogenously related to the growth of 'knowledge.' Investment may be directed either towards physical capital or knowledge (or both). Knowledge becomes an effective substitute for scarce resources by increasing the technical efficiency of resource utilization both for consumption and in capital. Nevertheless, a finite quantity resource must be embodied in capital and a finite flow is required for depreciation. Thus, there is an upper limit to technical efficiency and economic growth is thus ultimately limited by the availability of renewable resources. For a simple …

Remote Sensing Activities In Singapore, Y. J. Chong, A. C. Yeo, Thow Yick Liang

Research Collection Lee Kong Chian School Of Business

This paper will be primarily concerned with the application of satellite remote sensing in Singapore. Remote Sensing does not rank high in government priorities. It is carried out mainly at the National University of Singapore. Initially financial support came from only the University but now financial support also comes from the Ministry of Science and Technology.

Correction To "Redundancy Optimization Of General Systems", H. Sivaramakrishnan, Arcot Desai Narasimhalu

Research Collection School Of Computing and Information Systems

Reader Aids-

Purpose: Report a correction

Special math needed: Probability

Results useful to: Reliability Theoreticians

Efficient Employment Of Cohorts Of Labor In The U.S. Economy: An Illustration Of A Method, A. E. Boardman, Steven M. Miller, A. P. Schinnar

Research Collection School Of Computing and Information Systems

This paper presents a model for the analysis of efficient labor force participation in the U.S. economy. Ridge regression estimates of the elasticities of cohorts of labor, classified by sex and occupation, are used in conjunction with wage data to illustrate the derivation of efficient allocation of labor cohorts in five economic sectors. These efficient constructs are compared with actual census data for 1960 and 1970. The results, while tentative, show a trend toward more efficient utilization of labor and greater participation by women in the work force.

Stochastic Dominance And Information Value, Young Koan Kwon, John C. Fellingham, D. Paul Newman

Research Collection School Of Accountancy

Incentives for producing and disseminating information have been analysed in many different contexts. Kihlstrom [6], for example, develops a Bayesian framework to analyze the properties of demand functions for information about product quality. From an entirely different perspective, Spence [8, 91 demonstrates the private value of “signalling” information. Similarly, Wilson [lo] considers the value to the firm of producing technological information and the effect of such production on equilibrium theory.

A Rapid Algorithm For Reliability Optimization Of Parallel Redundant Systems, Arcot Desai Narasimhalu, H. Sivaramakrishnan

Research Collection School Of Computing and Information Systems

A rapid method is proposed for optimization of reliability of multiconstraint parallel redundant systems. The constraints need not be linear. This method provides good starting values, which are close to the boundary of the feasible region, for the number of redundant units in each subsystem. No proof has been presented to establish the optimality obtained by this method. Yet for examples tried out this method provides optimal or near optimal solutions.

Bounded Energy-Finite Solutions Of Delta U=Pu On A Riemannian Manifold, Young Koan Kwon, J. Schiff, L. Sario

Research Collection School Of Accountancy

The classification of Riemann surfaces with respect to the equation Δu = Pu (P^O, PΞ£ 0) was initiated by Ozawa [13] and further developed by L. Myrberg [8,9], Royden [14], Nakai [10,11], Sario-Nakai [15], Nakai-Sario [12], Glasner-Katz [3], and Kwon-Sario [7].