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Article

Subing Liu, Yin Chunwu and Cao Dazhi

The purpose of this paper is to provide a new recursive GM (1,1) model based on forgetting factor and apply it to the modern weapon and equipment system.

Abstract

Purpose

The purpose of this paper is to provide a new recursive GM (1,1) model based on forgetting factor and apply it to the modern weapon and equipment system.

Design/methodology/approach

In order to distinguish the contribution of new and old data to the grey prediction model with new information, the authors add forgetting factor to the objective function. The purpose of the above is to realize the dynamic weighting of new and old modeling data, and to gradually forget the old information. Second, the recursive estimation algorithm of grey prediction model parameters is given, and the new information is added in real time to improve the prediction accuracy of the model.

Findings

It is shown that the recursive GM (1,1) model based on forgetting factor can achieve both high effectiveness and high efficiency.

Originality/value

The paper succeeds in proposing a recursive GM (1,1) model based on forgetting factor, which has high accuracy. The model is applied to the field of modern weapon and equipment system and the result the model is better than the GM(1,1) model. The experimental results show the effectiveness and the efficiency of the prosed method.

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Book part

Irina Farquhar and Alan Sorkin

This study proposes targeted modernization of the Department of Defense (DoD's) Joint Forces Ammunition Logistics information system by implementing the optimized…

Abstract

This study proposes targeted modernization of the Department of Defense (DoD's) Joint Forces Ammunition Logistics information system by implementing the optimized innovative information technology open architecture design and integrating Radio Frequency Identification Device data technologies and real-time optimization and control mechanisms as the critical technology components of the solution. The innovative information technology, which pursues the focused logistics, will be deployed in 36 months at the estimated cost of $568 million in constant dollars. We estimate that the Systems, Applications, Products (SAP)-based enterprise integration solution that the Army currently pursues will cost another $1.5 billion through the year 2014; however, it is unlikely to deliver the intended technical capabilities.

Details

The Value of Innovation: Impact on Health, Life Quality, Safety, and Regulatory Research
Type: Book
ISBN: 978-1-84950-551-2

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Article

George K. Chako

Briefly reviews previous literature by the author before presenting an original 12 step system integration protocol designed to ensure the success of companies or…

Abstract

Briefly reviews previous literature by the author before presenting an original 12 step system integration protocol designed to ensure the success of companies or countries in their efforts to develop and market new products. Looks at the issues from different strategic levels such as corporate, international, military and economic. Presents 31 case studies, including the success of Japan in microchips to the failure of Xerox to sell its invention of the Alto personal computer 3 years before Apple: from the success in DNA and Superconductor research to the success of Sunbeam in inventing and marketing food processors: and from the daring invention and production of atomic energy for survival to the successes of sewing machine inventor Howe in co‐operating on patents to compete in markets. Includes 306 questions and answers in order to qualify concepts introduced.

Details

Asia Pacific Journal of Marketing and Logistics, vol. 12 no. 2/3
Type: Research Article
ISSN: 1355-5855

Keywords

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Article

George K. Chacko

Develops an original 12‐step management of technology protocol and applies it to 51 applications which range from Du Pont’s failure in Nylon to the Single Online Trade…

Abstract

Develops an original 12‐step management of technology protocol and applies it to 51 applications which range from Du Pont’s failure in Nylon to the Single Online Trade Exchange for Auto Parts procurement by GM, Ford, Daimler‐Chrysler and Renault‐Nissan. Provides many case studies with regards to the adoption of technology and describes seven chief technology officer characteristics. Discusses common errors when companies invest in technology and considers the probabilities of success. Provides 175 questions and answers to reinforce the concepts introduced. States that this substantial journal is aimed primarily at the present and potential chief technology officer to assist their survival and success in national and international markets.

Details

Asia Pacific Journal of Marketing and Logistics, vol. 14 no. 2/3
Type: Research Article
ISSN: 1355-5855

Keywords

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Book part

Jurgen Brauer, Keith Hartley and Stefan Markowski

Using long-run trend data for US tactical and bomber aircraft, Norman Augustine’s Law 16 famously suggests continuously rising US armament unit costs. By the year 2054…

Abstract

Using long-run trend data for US tactical and bomber aircraft, Norman Augustine’s Law 16 famously suggests continuously rising US armament unit costs. By the year 2054, the country’s entire defence budget would be expended on a single aircraft, which an industry colleague dubbed as the Battlestar Galactica. However, while it is thought provoking, what does Law 16 in fact entail? It appears that the mechanics of Augustine’s ‘Law’ has never been examined in detail. To help disentangle the matter and assess its relevance in the context of today’s battlefield technology, which is increasingly focussed on the application of large numbers of small, cheap, expendable, electronically linked, yet highly autonomous systems, this chapter introduces the concept of an Augustine weapons system.

Details

New Frontiers in Conflict Management and Peace Economics: With a Focus on Human Security
Type: Book
ISBN: 978-1-83982-426-5

Keywords

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Article

Yash Gupta and Wing Sing Chow

This article surveys the literature dealing with theory and applications of life cycle costing (LCC). It deals with the literature published in the last 25 years and…

Abstract

This article surveys the literature dealing with theory and applications of life cycle costing (LCC). It deals with the literature published in the last 25 years and provides 667 references.

Details

International Journal of Quality & Reliability Management, vol. 2 no. 3
Type: Research Article
ISSN: 0265-671X

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Article

APPLIED Technology, Middle East and European marketing and technical support representative of PF Industries Inc, will exhibit ground support equipment supplied to…

Abstract

APPLIED Technology, Middle East and European marketing and technical support representative of PF Industries Inc, will exhibit ground support equipment supplied to airlines worldwide.

Details

Aircraft Engineering and Aerospace Technology, vol. 47 no. 5
Type: Research Article
ISSN: 0002-2667

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Article

K.C. Chan

The ideas expressed in this work are based on those put intopractice at the Okuma Corporation of Japan, one of the world′s leadingmachine tool manufacturers. In common…

Abstract

The ideas expressed in this work are based on those put into practice at the Okuma Corporation of Japan, one of the world′s leading machine tool manufacturers. In common with many other large organizations, Okuma Corporation has to meet the new challenges posed by globalization, keener domestic and international competition, shorter business cycles and an increasingly volatile environment. Intelligent corporate strategy (ICS), as practised at Okuma, is a unified theory of strategic corporate management based on five levels of win‐win relationships for profit/market share, namely: ,1. Loyalty from customers (value for money) – right focus., 2. Commitment from workers (meeting hierarchy of needs) – right attitude., 3. Co‐operation from suppliers (expanding and reliable business) – right connections., 4. Co‐operation from distributors (expanding and reliable business) – right channels., 5. Respect from competitors (setting standards for business excellence) – right strategies. The aim is to create values for all stakeholders. This holistic people‐oriented approach recognizes that, although the world is increasingly driven by high technology, it continues to be influenced and managed by people (customers, workers, suppliers, distributors, competitors). The philosophical core of ICS is action learning and teamwork based on principle‐centred relationships of sincerity, trust and integrity. In the real world, these are the roots of success in relationships and in the bottom‐line results of business. ICS is, in essence, relationship management for synergy. It is based on the premiss that domestic and international commerce is a positive sum game: in the long run everyone wins. Finally, ICS is a paradigm for manufacturing companies coping with change and uncertainty in their search for profit/market share. Time‐honoured values give definition to corporate character; circumstances change, values remain. Poor business operations generally result from human frailty. ICS is predicated on the belief that the quality of human relationships determines the bottom‐line results. ICS attempts to make manifest and explicit the intangible psychological factors for value‐added partnerships. ICS is a dynamic, living, and heuristic‐learning model. There is intelligence in the corporate strategy because it applies commonsense, wisdom, creative systems thinking and synergy to ensure longevity in its corporate life for sustainable competitive advantage.

Details

Industrial Management & Data Systems, vol. 93 no. 2
Type: Research Article
ISSN: 0263-5577

Keywords

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Article

following extracts from the Plowden Committee's report on the aircraft industry cover the ing chapters of ‘The Case for an Aircraft ry’ and gives excerpts from later…

Abstract

following extracts from the Plowden Committee's report on the aircraft industry cover the ing chapters of ‘The Case for an Aircraft ry’ and gives excerpts from later chapters ning the market and collaboration prospects, y procurement, and the future for civil aircraft. In conclusion, the major part of Section 10 relationship between Government and Industry’ n. The full report, Command 2853, is ob‐le at 10s. from Her Majesty's Stationery

Details

Aircraft Engineering and Aerospace Technology, vol. 38 no. 3
Type: Research Article
ISSN: 0002-2667

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Article

The following extracts from the Plowden Committee's report on the aircraft industry cover the conclusions and summary of recommendations made by the Committee, and…

Abstract

The following extracts from the Plowden Committee's report on the aircraft industry cover the conclusions and summary of recommendations made by the Committee, and includes the reservation by Mr Aubrey Jones. Excerpts from some of the earlier chapters, discussing the environment in which the industry operates and its history, are also given, together with the first three chapters of Section 4] on ‘The Case for an Aircraft Industry’. The text is slightly abridged in some places. The full report, Command 2853, is obtainable at 10s. from Her Majesty's Stationery Office.

Details

Aircraft Engineering and Aerospace Technology, vol. 38 no. 2
Type: Research Article
ISSN: 0002-2667

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