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advantages of using models
less expensive
safe
allows you to try out different scenarios
faster
disadvantages of using models
not entirely reliable
can be costly
human reluctance
personal finance
uses algorithms to simulate financial scenarios (investment, retirement) which helps them to make decisions that meet their financial goals
bridge & building design
analyzes structural behavior and load capacity to improve designs and ensure safety
flood water management
simulates water flow and predicts flood risks to design mitigation measures and emergency responses
traffic management
analyzes traffic flow and congestion to improve road networks and signal timing
weather forecasting
simulates atmospheric and oceanic conditions to predict weather patterns and issue hazards warnings for public safety
advantages of using computer modelling instead of humans
more precise and accurate
analyzes large amounts of data faster
reused and updated easily
disadvantages of using computer modelling instead of humans
may look over small details
based on assumptions
may struggle to adapt to sudden changes
computer-controlled school management system
comprehensive software application that automates administrative tasks (attendance tracking, grading, scheduling, student info management), improving educational institutions' efficiency, accuracy, and organization
computer-controlled school management system advantages
easier to address absenteeism
parents are updated
reduced workload for teachers
computer-controlled school management system disadvantages
requires training to operate it
initial cost is high
safety needs to be good, due to personal information
learner registration and attendance
id cards with magnetic tapes
biometrics
advantages of biometrics
prevents attendance forgery
id cards can be easy to lose/steal/clone
disadvantages of biometrics
time-consuming to collect fingerprints
expensive to read fingerprints
can’t be read if finger is injured
invasion of privacy
learner’s performance
can be recorded with spreadsheets
online booking systems
travel industry
concerts
cinemas
sports events
advantages of online booking systems
convenient, cheaper, instant
can compare prices
promotions/personalized offers
automated reminders
disadvantages of online booking systems
technical/security issues
extra charges (transaction, booking fees)
no customer service
needs a stable internet connection
can lead to unemployment
automated teller machine (ATM)
a machine where customers can get cash/carry out banking activities using their credit/debit card
atm sequence
Insert & Connect → Verify → Select → Check Funds → Approve → Finish
advantages of atm
can withdraw/access anytime/anywhere
don’t need to go to bank as it offers many banking services
quicker compared to bank
disadvantages of atm
placed in area where theft could occur
shoulder surfing
some banks charge customers for using ATMs
cash withdrawal limits
electronic funds transfer (EFT)
Initiation → Authorization → Processing → Transfer of Funds → Confirmation
advantages of eft
secure/quick payment method
cheaper than cheques
the customer can report wrong EFT payment under 60 days
disadvantages of eft
bank transaction can’t be reversed without dispute investigation
customer must have the money needed
might not know recipient’s identity
advantages of credit card
customer protection if ordered goods don’t arrive
accepted everywhere
interest-free loan, if money is paid back within time period
can make purchases online
disadvantages of credit card
can be charged high interest rates
annual fees
easy to end up with credit damage
security risks in online transactions
advantages of debit card
no interest, money comes from the user’s account
safer than carrying cash
can make online purchases
disadvantages of debit card
less customer protection if goods don’t arrive
no credit allowed, funds are needed at the time of purchase
security risks in online transactions
cheque
paper documents used to pay people or businesses
payer writes the details, recipient gives it to bank, bank checks the funds, and transfers the cash
advantages of cheques
safer/easier to carry than cash
can hold the payment until later
easy to track if lost
disadvantages of cheques
sellers can legally refuse to take them
slow
easier for fraudsters
expensive
advantages of internet banking
available anytime, anywhere
easy to manage
higher interest rates
Easy to compare and find better accounts.
disadvantages of online banking
transaction security
requires stable internet connection
risk of fraud
physical cash can’t be deposited/withdrawn
information systems in medicine
patient records
pharmacy records
patient records
helps doctors make correct diagnoses
tracks patient history/progress
evidence for legal cases
supports research/healthcare planning
pharmacy records
ensures correct dispensing of medication
tracks inventory levels
supports legal compliance
monitors patient medication history
3D printing in medicine
prosthetics
tissue engineering
artificial blood vessels
customized medicines
expert systems
ai based computer program that mimics a human’s decision-making capabilities to provide solutions in:
diagnostics
financial calculations
strategy games
identifying plant/animal/chemical compound
expert system components
user interface
explanation system
inference engine
knowledge base
rules base
pos (point of sale) terminal
computerized system used at checkout counters to handle purchases and handle stock
pos terminal features
track/update stock file instantly
reorder stock when low
enhance supply chain management
eftpos (electronic funds transfer at point of sale)
devices for processing electronic payment using chip/PIN/contactless cards or NFCs
NFC (near field communication)
a short-range wireless technology that allows devices to exchange data when they are very close together
internet shopping advantages (customer)
access anytime, anywhere
can compare between options
avoid queues
internet shopping disadvantages (customer)
security concerns
can’t see products before purchasing
long delivery time
additional costs
no face-to-face interaction
internet shopping advantages (business)
adjust prices/services based on customer data
update stock and prices quicker
cheaper to advertise offers
international customer base
increased profits (lower staff)
internet shopping disadvantages (business)
increased competition
fraud concerns
technical issues/downtime
delivery/return costs
fake negative reviews affect reputation
anpr (automatic plate recognition) system
sensor triggers camera to photograph front plate
algorithm locates and crops the number plate
enhances image brightness and contrast
separates individual characters on the plate
converts characters into digital text string
saves text string in a database
raises barrier and issues timed entry ticket
ticket machine calculates fee and registers payment
rfid (radio frequency identification) uses
stock (track inventory)
passports
vehicles
payments
rfid advantages
scans without direct visual contact
processes multiple tags all at once
hard to forge and dependable
lowers costs (automated tracking)
rfid disadvantages
signal collisions may occur
data transmissions can be intercepted
high initial setup
nfc (near field communication)
enables short-range wireless communication between devices, allowing payment using a smartphone
nfc advantages
convenient/secure payment
contactless transactions
nfc disadvantages
limited range
compatibility issues with some devices
biometric recognition
usually refers to automated technologies for authenticating and verifying human body characteristics such as face, iris, retina, finger, thumb, hand and voice.
biometric recognition advantages
very high accuracy
easy to use
fast verification
non-intrusive
relatively cheap
biometric recognition disadvantages
mistakes if physical changes occur
expensive to install/set up
data storage uses lots of memory
voice could be used illegally
satellite systems
collect and transmit data
works worldwide
provides location & mapping data
needs phones, GPS devices, or computers (receivers)
highly precise positioning
gps (global positioning system)
finds exact transport location
satellites send signals
computers process signals
atomic clocks ensure accuracy
uses 3+ satellites
satellite navigation (satnav)
determines car’s exact location
computers can be used to show direction to destination
advantages of gps
better focus while driving
warns about speed changes
shows ETA
finds fastest routes
locates service stations
disadvantages of gps
outdated maps = wrong directions
road closures cause problems
signal loss affects navigation
wrong inputs = wrong directions
geographic information system (gis)
captures, manages, analyses, and displays geographic data
finds distances and nearby places
helps protect wildlife
used in geography, science, and engineering
gis advantages
combines different types of data
handles large amounts of data
integrates data from many sources
gis disadvantages
difficult to learn
expensive software
requires lots of data
can be slow and complex
media communication systems
uses satellites for communication
sends media from remote locations
media communication systems advantages
good global coverage
fast, high bandwidth, and secure
easy to expand and move
useful for broadcasting and remote communication
media communication systems disadvantages
signal delays can occur
bad weather can affect signals
sunspots can affect performance
satellites need regular monitoring