Falcon's Invoice Discounting: Your Path to Prosperity
dealing with uncertainties
1. “ Dealing With UNCERTAINTIES in implementing Intelligent Speed Adaptation - An Adaptive Policymaking Approach” By: Vishal Mehta Faculty of Technology, Policy and Management Delft University of Technology
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6. The Adaptive Policymaking Approach Defensive Actions Corrective Actions Reassessment Other Actions Unforeseen events Changing preferences THINKING PHASE I. STAGE SETTING II. ASSEMBLING THE BASIC POLICY Definition of success Constraints Policy Option set Objectives Necessary condition for success Basic Policy III. SPECIFYING REST OF POLICY Vulnerabilities Mitigating Actions Hedging Actions Sign Posts Triggers Certain Uncertain IMPLEMENTATION PHASE
11. Intelligent Speed Adaptation – Functions of different system components of ISA and its hierarchy System Function Subsystem Function Equipment Function ISA Controlling and adjusting the speed of the vehicle on the road according to the speed limit posted. Global Positioning System GPS helps in positioning or locating the moving vehicle on the road. Control Systems Controls the operation of the system installed in the vehicles. It senses the vehicular motion - processes it and actuates the control system to control the speed. C-DAS Collection and data acquisition about individual vehicle and their movement on the road. Beacons The beacon transfers the signal about the speed limit to the vehicle. Satellite Locating the vehicle on the road and sending the signal (micro/radio wave) to the vehicle about its position in latitude and longitude. Antenna & Preamplifier Processes the received signals send by the satellite and forward it to the navigator. GPS Navigator Reads the signal received and displays the vehicle on the map stored with software in CD and also speed limit for each road. It helps in navigating the vehicle to the destination. Sensors Senses wheel rotation and brake status and sends information to CPU. CPU Information on wheel rotation & location of the vehicle or by beacon is processed & speed limit is identified from stored data. Actuators After receiving the processed information about the speed limit, it controls the speed of the vehicle on the road and offers resistance if the driver attempts to override and apply active braking. GPS Beacon
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16. The Adaptive Policymaking Approach In the following slides adaptive policy is developed. Defensive Actions Corrective Actions Reassessment Other Actions Unforeseen events Changing preferences THINKING PHASE I. STAGE SETTING II. ASSEMBLING THE BASIC POLICY Definition of success Constraints Policy Option set Objectives Necessary condition for success Basic Policy III. SPECIFYING REST OF POLICY Vulnerabilities Mitigating Actions Hedging Actions Sign Posts Triggers Certain Uncertain IMPLEMENTATION PHASE
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26. Implementation Phase Signpost 1 Signpost 2 Signpost n Collect I N F O R M A T I O N YES NO NO ACTION Decide critical value attained Check Regret level Level 1 Level 2 Defensive Action Corrective Action Desired change in regret level YES NO Step 1 restart again YES NO Reassessment Check Conditions of Reassessment
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