Key System Performance Metrics and Calculation Formulas
A summary of key system performance concepts, metrics, principles, and fundamental calculation formulas for analyzing and optimizing system efficiency.
Core Performance Metrics and Definitions
| Metric/Concept | Definition and Goal | Key Principles |
|---|---|---|
| Throughput | The amount of work done in a given time, typically measured as jobs completed per second. | Goal: High. A natural measure of a system’s contribution to an organization, which can be increased by concurrency. |
| Response Time | The time from when a request is submitted |
Essential Compliance and Procurement Strategies for Builders
Material Procurement and Management
Q1: Five Key Considerations When Ordering Construction Materials
A builder must prioritize several factors when ordering materials for a residential construction project to ensure efficiency, compliance, and profitability. These considerations include:
- Quality of Material: Selecting better quality material ensures longevity, reduces defects, and leads to higher client satisfaction.
- Price and Cost Management: Securing a competitive price maximizes the return on investment
Modern Industrial Automation: IoT, Security, and SoS Concepts
Core Concepts in Industrial Automation
The ISA-95 Automation Pyramid and Its Levels
The ISA-95 model structures the different levels of an industrial automation system.
- Level 0 – Physical Process: This level involves the actual manufacturing process, including raw materials and machines. Sensors and actuators are connected directly to the equipment.
- Level 1 – Sensors and Actuators: This level collects real-time data from machines and executes control actions using devices like PLCs.
- Level 2 – Monitoring,
Business Fundamentals: Environment, Functions, and Organizational Systems
Business Environment and Context
Companies operate within a context or environment that involves a number of factors that influence, to a greater or lesser extent, the functioning of business organizations. This set of factors is divided into two main categories:
- Macroenvironment: Factors over which the company has no control.
- Microenvironment: Elements on which the company can intervene and influence.
Core Business Functions and Functional Areas
Core business areas are known as functional areas and
Read MoreWalker & Cohen: Scope Statements for Theory Development & Research
Walker & Cohen: Defining Scope Statements
According to Walker and Cohen, the scope of studies is determined by the definition of the subject. It aims at taking the objectives as the thumb rule. We need to focus in this direction from a research point of view (philosophy, subject, institution, policies).
Project Initiation and Stakeholder Agreement
This is the end of the initiation process for the project as a whole. Your project should now be defined. That is, you should have reached agreement
Read MoreCore Concepts of Cybersecurity: Mechanisms and Attacks
The Crucial Need for Network Security
Network security is crucial in today’s digital world where individuals, businesses, and governments rely heavily on computer networks for communication, data storage, and daily operations. Detailed reasons why network security is essential:
- Protection from Unauthorized Access: Network security ensures that only authorized users can access the network and its resources. It prevents hackers or malicious users from gaining access to sensitive information.
- Data Protection: