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Current, manual, materials management and control procedures are unsatisfactory: they are labour intensive, inaccurate and error prone. The result is waste and surplus of materials, delays, decrease in productivity and lack of up-to-date, real-time information regarding the status of purchase...
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This paper proposes an analytic framework for the reliability assessment of the automated payments systems used by the Federal Reserve Banks. The failure/recovery behavior of the system currently in operation is modeled as a continuous-time Markov process with varying levels of detail, and the...
Persistent link: https://www.econbiz.de/10005402074
This paper examines the effects of automation on the liquidity, volatility, returns and efficiency of shares traded on … infrequently traded securities. While our results show an improvement in the liquidity of shares following the automation, returns …
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As a burgeoning capital market in an emerging economy, automation of the stock market is regarded as a major step … towards integrating the financial market as a conduit for economic growth. The automation of the Ghana Stock Exchange (GSE) in … of the automation on the efficiency of the GSE within the framework of the weak-form Efficient Market Hypothesis (EMH …
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of automation on overall employment, and CEOs firing U.S. workers to increase their own compensation. …
Persistent link: https://www.econbiz.de/10011109200
This article discusses the fundamental design difficulties of the fully automated baggage system originally planned for the New Denver Airport, and their implications for airport and airline management. Theory, industrial experience, and the reality at Denver emphasize the difficulty of...
Persistent link: https://www.econbiz.de/10011162683