Immeasurable Variables


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The Inflation Mechanism and Expectations


The Inflation Mechanism and Expectations

Author: Laya Li

language: en

Publisher: Springer Nature

Release Date: 2024-10-19


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This book reflects China's experience, model and theory of successful inflation control. The idea of Stabilization of Expectations emphasized by the Chinese government was primarily proposed in this book with systematic theoretical support. The theory framework initiated in this book has been about 10 years earlier than that of the European and American economists. The core theory of this work is Sticky Expectation Theory, which breaks through the framework of neoclassical economic theory, denies the fundamental preconditions of neoclassical economic theory to establish a new theoretical framework so as to understand people's economic behavior and explain the operating mechanism of economy. This book establishes the Chinese version of flexible inflation targeting system, policy transparency, policy rules, and expectation management as the means to prevent and manage inflation and macro-control. Readers will gain a better understanding of the research achievements of Chinese scholars in the field of inflation management as well as the theory of expectations. Readers can further understand the Chinese approach in tackling inflation issue and other macro-economic control measures proposed by this book.

Fuzzy Systems


Fuzzy Systems

Author: Ahmad Taher Azar

language: en

Publisher: BoD – Books on Demand

Release Date: 2010-02-01


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While several books are available today that address the mathematical and philosophical foundations of fuzzy logic, none, unfortunately, provides the practicing knowledge engineer, system analyst, and project manager with specific, practical information about fuzzy system modeling. Those few books that include applications and case studies concentrate almost exclusively on engineering problems: pendulum balancing, truck backeruppers, cement kilns, antilock braking systems, image pattern recognition, and digital signal processing. Yet the application of fuzzy logic to engineering problems represents only a fraction of its real potential. As a method of encoding and using human knowledge in a form that is very close to the way experts think about difficult, complex problems, fuzzy systems provide the facilities necessary to break through the computational bottlenecks associated with traditional decision support and expert systems. Additionally, fuzzy systems provide a rich and robust method of building systems that include multiple conflicting, cooperating, and collaborating experts (a capability that generally eludes not only symbolic expert system users but analysts who have turned to such related technologies as neural networks and genetic algorithms). Yet the application of fuzzy logic in the areas of decision support, medical systems, database analysis and mining has been largely ignored by both the commercial vendors of decision support products and the knowledge engineers who use them.

Managing Global Supply Chains


Managing Global Supply Chains

Author: Ron Basu

language: en

Publisher: Taylor & Francis

Release Date: 2016-12-01


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Starting from the concept that "there is no point driving a Ferrari in a traffic jam", Basu and Wright demonstrate the importance of good supply chain management in Managing Global Supply Chains. Building on the successful Total Supply Chain Management and incorporating the new challenges of globalisation, this book demonstrates the practical tools and techniques that add value, deliver cost reduction and improve customer satisfaction. This new edition has been substantially revised and extended to include a holistic approach, incorporating the upstream suppliers and the downstream customers. Further updates to this edition include: New chapters on e-business, emerging markets, sustainability and green issues, global supply chains for services and event management, retail management and major project management A section of brand new case studies A new companion website to support lecturers with their teaching This book also provides comprehensive insight into lean and agile supply chains supported by tools, techniques and case examples. Managing Global Supply Chains is a practical text with excellent coverage and is ideal for post-experience business students or learning professionals in supply chain management.