Investigating the Effectiveness of Water Transportation Security through an Engineering Economic Lens

2018 ◽  
Vol 3 (07) ◽  
Author(s):  
Shurendhar Kuppusamy Kanagaraj ◽  
Harsha Kiran Vemula ◽  
Juan Marcos Castillo ◽  
Samuel I. Okate

The security in container ports is affecting the marine transport in close to 35% of the cases of container transportation, from damage, theft, and fraud. Because this sector is affected by security in several ways, this paper will present the economic analysis of the security in ports as sufficient justification to RFID (Radio Frequency Identification) implementation. This paper will attempt to justify against manually tracking and inspection. Furthermore, we will investigate how RFID is more economically viable and it is an accurate way to track the container to prevent and to track violations in security. Consequently, this paper will show a cost analysis to compare the manually tracking with the automatic tracking. A mathematical model will be presented as a result of this cost analysis. For the investment of RFID system this paper will present a ROI (Return of Investment) to find which alternative is better, to stay in status quo or improve the security system using RFID. Because there exist other benefits to implement RFID, it is sufficient to obtain at least equal NPV (Net Present Value) of both alternative, the manually tracking and security, and the automatic security and automatic tracking with RFID.


2018 ◽  
Vol 1 (01) ◽  
Author(s):  
Shurendhar Kuppusamy Kanagaraj ◽  
Harsha Kiran Vemula ◽  
Juan Marcos Castillo ◽  
Samuel I. Okate

The security in container ports is affecting the marine transport in close to 35% of the cases of container transportation, from damage, theft, and fraud. Because this sector is affected by security in several ways, this paper will present the economic analysis of the security in ports as sufficient justification to RFID (Radio Frequency Identification) implementation. This paper will attempt to justify against manually tracking and inspection. Furthermore, we will investigate how RFID is more economically viable and it is an accurate way to track the container to prevent and to track violations in security. Consequently, this paper will show a cost analysis to compare the manually tracking with the automatic tracking. A mathematical model will be presented as a result of this cost analysis. For the investment of RFID system this paper will present a ROI (Return of Investment) to find which alternative is better, to stay in status quo or improve the security system using RFID. Because there exist other benefits to implement RFID, it is sufficient to obtain at least equal NPV (Net Present Value) of both alternative, the manually tracking and security, and the automatic security and automatic tracking with RFID.


Author(s):  
Daniel Berkowitz ◽  
Karen B. Clay

Although political and legal institutions are essential to any nation's economic development, the forces that have shaped these institutions are poorly understood. Drawing on rich evidence about the development of the American states from the mid-nineteenth to the late twentieth century, this book documents the mechanisms through which geographical and historical conditions—such as climate, access to water transportation, and early legal systems—impacted political and judicial institutions and economic growth. The book shows how a state's geography and climate influenced whether elites based their wealth in agriculture or trade. States with more occupationally diverse elites in 1860 had greater levels of political competition in their legislature from 1866 to 2000. The book also examines the effects of early legal systems. Because of their colonial history, thirteen states had an operational civil-law legal system prior to statehood. All of these states except Louisiana would later adopt common law. By the late eighteenth century, the two legal systems differed in their balances of power. In civil-law systems, judiciaries were subordinate to legislatures, whereas in common-law systems, the two were more equal. Former civil-law states and common-law states exhibit persistent differences in the structure of their courts, the retention of judges, and judicial budgets. Moreover, changes in court structures, retention procedures, and budgets occur under very different conditions in civil-law and common-law states. This book illustrates how initial geographical and historical conditions can determine the evolution of political and legal institutions and long-run growth.


2014 ◽  
Vol 556-562 ◽  
pp. 5194-5197
Author(s):  
Lian Fen Huang ◽  
Wei Huang ◽  
Xian Long Yang ◽  
Yu Liang Tang

Broadband trunking communication system has been widely used with a variety of industries, such as public transportation security and navigation, etc. Trunking communication is a branch of mobile communication. Because the client of traditional dispatch services based on C/S (client/server) architecture need to install the client software, this paper studies and designs one dispatch client, which is based on B/S (browser/server) architecture.


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