Last Updated: April 04, 2002
PREFACE
CHAPTER 1: What is a system?
[Introductory]
A system as a generator of output from input
A system as a set of coupled subsystems
Growth versus non-growth systems
A business corporation seen as a system
System maintenance and self-maintaining systems
System throughput capacity
A measure of system resources
References
CHAPTER 2: System Throughput and System Resources
[Introductory]
The basic throughput capacity relationship
Basic harmonic resource units
Composite systems and the relationship between throughput capacity and resources
Parallel subsystems operation
Serial subsystems operation
Uncoordinated exclusive-allocation sharing of resources
Units for the rate constant K and for throughput capacity I
References
CHAPTER 3: System Throughput with Resource Sharing
[Introductory]
Simple (uncoordinated) and complex (coordinated) sharing
Example of simple and complex sharing of resources
Computer operating systems example of complex sharing of resources.
Resource sharing as a source of risk
Definition of coordinated sharing of a resource
Throughput capacity and under sharing of system resources
Throughput capacity and over sharing of system resources
Equation relating throughput capacity and level of sharing with under shared resources
Resource sharing in a subsystem
Derivation of the basic resource-sharing relationships
Over sharing and thrashing
Resource sharing versus increasing system resources
References
CHAPTER 4: Objective and Subjective Risk Measures
[Introductory]
Risk of loss
Objective risk measures: SD-risk measure
Objective risk measures: MEL-risk measure
Risk percentage measures
Comparison of SD-risk and MEL-risk measures
Subjective measures of risk
System environments, non-limiting resources and risk
References
CHAPTER 5: System Throughput and Risk
[Introductory]
The basic risk relationship
Efficient environments and linear relationship between throughput and risk
Synthetic environments
Efficient synthetic environments
Derivation of the risk equation
Financial risk equation
Financial returns and risk
Comparing financial system environments
Risk equation for environments with negative risk
A sample application of the risk equation
Risk combining and destructive interference
References
CHAPTER 6: Risk Elimination using Preventive Resources
[Introductory]
Concepts of risk elimination using preventive resources
The risk equation modified by a preventive resources factor
The preventive resources effectiveness function
Slowdown effect in adding risk preventive resources
An optimal value for preventive resources P in the presence of a slowdown effect
Preventive resources and different environments
Kinds of preventive resources
Use of preventive resources P and insurance considerations
Risks caused by sharing procedures: collisions and deadlocks
Informational hazard-prevention resources P
Preventive resources maintenance procedures
The special case of preventive resources and financial systems
Bond investing with risk-preventive resources in the underlying system.
Common stock investing with risk-preventive resources in the underlying system
References
CHAPTER 7: Risk Elimination using Precautionary Procedures
[Introductory]
Concept of risk elimination using system-supported precautionary procedures
Precautionary procedures risk equation
Precautionary procedures and different environments
Additional resources required with a precautionary procedure
Best case throughput capacity limitations
Classification of precautionary procedures
Disadvantage of human precautionary procedures-the second set of eyes principle
Combinations of risk preventive resources P, and a precautionary procedure
Precautionary procedures and emergency procedures
The special case of financial systems and precautionary procedures
References
CHAPTER 8: Risk Elimination using Monitoring Procedures
[Introductory]
Concepts of risk elimination using system-supported monitoring procedures
Financial risk monitoring systems
Two types of response procedure
Risk monitoring equation with no slowdown effect
Incoming real-time data streams
Complexity measures with a simple monitoring procedure
Complexity measures for a general purpose monitoring procedure
Risk-meaningful databases
Derivation of the non-slowdown risk monitoring equation
Derivation of the slowdown risk monitoring equation
Existence of maximal throughput capacity
Economic costs
Monitoring procedures for portfolio management
The nightmare scenario--monitoring system vulnerability
References
CHAPTER 9: Margin of Safety and Ruinous Risk
[Introductory]
Margin of safety
The margin of safety concept and preventive resources
The margin of safety concept and precautionary procedures
Advantages of a margin of safety
Margin of safety with common stock investments
Disadvantages of a margin of safety
Ruinous risk
Ruinous risk and systems with negative throughput capacity
The source of ruinous risk
Summary of ruinous risk elimination principles
References
INDEX
COPYRIGHT: James Bradley 2002.
The official Publication Date was: March 01, 2001.
The publisher, Tharsis Professional Books (Tharsis Books), has arranged an Amazon.com listing for the book.
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