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This book will provide a quick reference on Work Measurement. While the nature of the work may differ, measuring work is fundamental to any industrial or service activity. It’s needed to determine such things as the amount a person should be paid, how much time should it take to perform an activity, what is an acceptable days’ work, or how any two or more methods or designs compare. This book provides non-industrial engineers with the why and the how work is measured in order to perform their jobs.
This book delivers a comprehensive overview of units of measurement. Beginning with a historical look at metrology in Ancient India, the book explains fundamental concepts in metrology such as basic, derived and dimensionless quantities, and introduces the concept of quantity calculus. It discusses and critically examines various three and four-dimensional systems of units used both presently and in the past, while explaining why only four base units are needed for a system of measurement. It discusses the Metre Convention as well as the creation of the International Bureau of Weights and Measures, and gives a detailed look at the evolution of the current SI base units of time, length, mass, electric current, temperature, intensity of illumination and substance. This updated second edition is extended with timely new chapters discussing past efforts to redefine the SI base units as well as the most recent 2019 redefinitions based entirely on the speed of light and other fundamental physical constants. Additionally, it provides biographical presentations of many of the historical figures behind commonly used units of measurements, such as Newton, Joule and Ohm, With its accessible and comprehensive treatment of the field, together with its unique presentation of the underlying history, this book is well suited to any student and researcher interested in the practical and historical aspects of the field of metrology.
Mathematical background; The basic formalism; Meters and dynamics; Dynamics and linkage; The analysis of dynamics; Symmetry; Similarity in physics and biology.
A step-by-step guidebook for understanding—and implementing—integrated financial risk measurement and management The Fundamentals of Risk Measurement introduces the state-of-the-art tools and practices necessary for planning, executing, and maintaining risk management in today’s volatile financial environment. This comprehensive book provides description and analysis of topics including: Economic capital Risk adjusted return on capital (RAROC) Shareholder Value Added (SVA) Value at Risk (VaR) Asset/liability management (ALM) Credit risk for a single facility Credit risk for portfolios Operating risk Inter-risk diversification The Basel Committee Capital Accords The banking world is driven by risk. The Fundamentals of Risk Measurement shows you how to quantify that risk, outlining an integrated framework for risk measurement and management that is straightforward, practical for implementation, and based on the realities of today’s tumultuous global marketplace. “Banks make money in one of two ways: providing services to customers and taking risks. In this book, we address the business of making money by taking risk....”—From the Introduction In The Fundamentals of Risk Measurement, financial industry veteran Chris Marrison examines what banks must do to succeed in the business of making money by taking risk. Encompassing the three primary areas of banking risk—market, credit, and operational—and doing so in a uniquely intuitive, step-by-step format, Marrison provides hands-on details on the primary tools for financial risk measurement and management, including: Plain-English evaluation of specific risk measurement tools and techniques Use of Value at Risk (VaR) for assessment of market risk for trading operations Asset/liability management (ALM) techniques, transfer pricing, and managing market and liquidity risk The many available methods for analyzing portfolios of credit risks Using RAROC to compare the risk-adjusted profitability of businesses and price transactions In addition, woven throughout The Fundamentals of Risk Measurement are principles underlying the regulatory capital requirements of the Basel Committee on Banking Supervision, and what banks must do to understand and implement them. The requirements are defined, implications of the New Capital Accord are presented, and the major steps that a bank must take to implement the New Accord are discussed. The resulting thumbnail sketch of the Basel Committee, and specifically the New Capital Accord, is valuable as both a ready reference and a foundation for further study of this important initiative. Risk is unavoidable in the financial industry. It can, however, be measured and managed to provide the greatest risk-adjusted return, and limit the negative impacts of risk to a bank’s shareholders as well as potential borrowers and lenders. The Fundamentals of Risk Management provides risk managers with an approach to risk-taking that is both informed and prudent, one that shows operations managers how to control risk exposures as it allows decision-making executives to direct resources to opportunities that are expected to create maximum return with minimum risk. The result is today’s most complete introduction to the business of risk, and a valuable reference for anyone from the floor trader to the officer in charge of overseeing the entire risk management operation.
Includes extensive information on I.E. and work measurement software. Focuses on the MTM material that has been refined for more than three decades. Provides accurate answers to all questions regarding MTM-1 found in the MTM Association for Standards and Research MTM-1 Examinations. Covers the minimum work measurement background essential to all who must understand and apply MTM-1.
True to its role as the introductory volume to the Practical Guides series, the focus of this text is on application. There are 15 chapters by 11 authors on the following: sensors, analytical instrumentation, chemical process control, final control elements, computer technology, control system theory, analog and digital control devices, distributed control systems and automation systems, programmable logic controllers, ergonomics and occupational safety, and project management strategies. In addition, three appendices are included, on laboratory standards, the basics of electricity and electronics, and the basics of chemistry. New to the second edition is a thorough revision of the text, with updated information on Internet communications, open systems, wireless networks, and other topics. The included CD-ROM contains a complete copy of the text. Annotation : 2004 Book News, Inc., Portland, OR (booknews.com).
In recent years, Fundamentals of Electronic Measurement & Instrumentation are being used extensively in sensor, Electronics measurements and Instrumentation and signal processing research and many other things. This rapid progress in Electronic Measurement & Instrumentation has created an increasing demand for trained Electronics Engineering personnel. This book is intended for the undergraduate and postgraduate students specializing in Electronics Engineering. It will also serve as reference material for engineers employed in industry. The fundamental concepts and principles behind electronics engineering are explained in a simple, easy- to- understand manner. Each chapter contains a large number of solved example or problem which will help the students in problem solving and designing of Electronic Measurement & Instrumentation. This text book is organized into sixteen chapters. Chapter 1: Instrumentation, Measurement, Units & StandardsChapter 2: Errors in MeasurementChapter 3: Permanent Magnet Moving (PMMC) Coil InstrumentsChapter-4: Voltage and Current MeasurementChapter-5: Digital Measuring Instruments Chapter 6: Resistors and Measurement of ResistanceChapter 7: Measurement of Capacitance and Inductance Using AC BridgesChapter 8: Cathode Ray Oscilloscope and Digital Storage Oscilloscope Chapter- 9: Signal AnalyzerChapter- 10: Calibration, Display and Recording DevicesSalient Features*Detailed coverage of Instrumentation, Measurement, Units & Standards, Errors in Measurement, Permanent Magnet Moving (PMMC) Coil Instruments, Voltage and Current Measurement and Digital Measuring Instruments. *Detailed coverage of Resistors and Measurement of Resistance, Measurement of Capacitance and Inductance Using AC Bridges, Cathode Ray Oscilloscope and Digital Storage Oscilloscope, Signal Analyzer and Calibration, Display &Recording Devices*Each chapter contains a large number of solved example or objective type's problem which will help the students in problem solving and designing of Electronic Measurement & Instrumentation system. *Clear perception of the various problems with a large number of neat, well drawn and illustrative diagrams. *Simple Language, easy- to- understand manner. I do hope that the text book in the present form will meet the requirement of the students doing graduation in Electronics & Communication Engineering, Mechanical Engineering, Electronics & Instrumentation Engineering and Electrical & Electronics Engineering. I shall appreciate any suggestions from students and faculty members alike so that we can strive to make the text book more useful in the edition to come.
This book is a collection of chapters linked together by a logical framework aimed at exploring the modern role of the measurement science in both the technically most advanced applications and in everyday life Provides a unique methodological approach to understanding modern measurements Important methods and devices are presented in a synthetic and easy-to-understand way Includes end-of-chapter exercises and solutions