A Report from a meeting on the 4see model Essay example
Masters
Essay
Engineering and Construction
Pages 5 (1255 words)
Download 0
Simon Roberts Associate Director of the Foresight, Innovation and Incubation Group, Arup, started by welcoming the participants to the meeting of engineering and economics professionals together with some of the Arup representatives present. The Director said that the meeting’s objective was to look keenly into the 4see model. …

Introduction

The 4see model also identified process flows. The variables of major interest, such as flows of goods and services, were not modeled as stocks and flows in the system dynamics sense, but were assumed to be consumed in the same time-period in which they were produced - there is no modeling of inventory. In system dynamics terms, they we considered being auxiliary variables. The identified fixed capital stocks in the economy with the system dynamics stock concept. This was a reflection of the categorical difference in 4seemodels between fixed capital stocks and other types of stocks such as inventories.(Roberts).We presented a macro-economic modeling framework based on deterministic and corrective approaches that enabled us to reproduce the historical data with a small number of exogenous parameters. The model was grounded in standard national macroeconomic data that conformed to international conventions of data-holding and duration. ...
Download paper
Not exactly what you need?

Related papers

Professional engineers
The modern day Engineer has the obligation to conduct their operations in an ethical manner. Several accidents result from negligence on the part of the Engineer or from not following the standards set out for conducting these activities. One such accident was the 1986 Space Shuttle Challenger disaster in which the vehicle burst into flames shortly after taking off killing all the crew. The…
Ethics in Professional Societies
In any professional sphere, it is relevant to follow ethical principles and not only to work. Ethical principles have a different power in comparison with laws. Thus, laws can regulate or not, support or not some ethical principles. For example, from the perspective of medical ethics, abortion is unethical deed. It is a life interruption. In accordance with laws in many countries abortion is a…
Professional Meeting ECOBUILT 2012
Speakers’ details At the conference, there were twelve speakers. The speakers were Kevin McCloud, Christine Whitehead, Jack Dromey Mp, David Ireland, Ian Marchant, Keith Bugden, Munish Datta, David Fisk, Tony Juniper, Gaynor Harnell, and Rt Hon Michael Meacher. Most of the speakers work in the ministries that deal with energy conservation and construction. Some of them are engineers and authors…
Professional Development
In addition, they should be able to set their objectives and strategies to achieve their targets. Therefore, students who are undertaking engineering courses should learn these skills during and after studies to perfect their careers (Blandford, 2012, p.47). Communication barrier and inability to plan their work and interact with others may paralyze the achievement in their targets. Communication…
Professional Development
The paper will also describe the advantages and disadvantages of adopting a licensing system for professional engineers similar to that for medical practitioners and teachers in the UK, and as applies to engineers in other countries such as the USA, Canada, Australia and some European states. Finally, the paper will explain the role of the codes and rules of conduct of engineering institutions in…
Integrating Professional Engineering Experience - Analyse different managerial techniques to improve an engineering managerial e
My professional counterpart, ASM Smith, agreed that our equipment SMEs would liaise with one another to ensure that all systems were in proper working order before making the equipment transfer. This type of inspection is common practice. However, lack of proper planning and the development of a workable operational strategy for the project ultimately led to conflict, uncertainty and replication…
The Professional Engineer and Micro-Electronics
This report is a comprehensive assessment of the work of professional engineer, who abides in a challenging work environment and has to incorporate with several legal and ethical obligations. The objective in this report is to investigate that how professional engineers work for sustainability, and what methods and programs they use to address complexity in their work environment. The Professional…