Examlex
City of London
For over a century, the city of London, England has had the worst traffic in Europe. Drivers spend half of their time not moving in their vehicles, and the average speed is 9 mph, down from 12 mph in 1903 when traffic consisted of horses and carriages instead of cars and trucks. To improve traffic, Ken Livingstone, the mayor of London,
imposed a "Congestion Zone" fee of £8 (about $13) per day for any vehicle that enters the eight square miles of central London between 7 a.m. and 6:30 p.m. on weekdays. Drivers who come into the zone but don't pay will be fined any where from £60 ($96) to £180 ($290) .
The Transport for London and the consultants it hired broke the project into several different steps. First, 688 cameras were used in 203 locations to take accurate pictures of vehicles entering the congestion zone. At each camera site, a color and a black and white camera were used for each lane of traffic that was being monitored. In general, the cameras are only 90% accurate in reading the license plate numbers on the cars. But, with 688 cameras in total, multiple pictures are taken of each car, and partial pictures of license plates are matched with complete pictures, with the former tossed and the latter retained.
Next, the pictures from the cameras are sent via a dedicated fiberoptic cable to an "image management store." Fiberoptic cables were needed because they're the biggest and fastest "pipes" available for sending data from one place to another. The lines were also dedicated so that the system was completely closed and secure. If other systems or networks went down, the congestion zone network would be unaffected. An "image management
store" is basically a huge farm of networked, redundant servers. If one server goes down, you've got multiple backup servers running live with the same data. A huge farm of network servers was needed because the city anticipated processing a million pictures a day (again, remember that multiple pictures are taken of the 250,000 cars entering the zone each day) .
Once the pictures are snapped, transported via fiber-optic cable, and placed in the image management store, the next step is reading the license plate in the picture and then turning that image into readable text that actually matches license plate records already stored in government databases. Transport of London uses software that scans digitized documents-in this case, digital pictures-into ASCII text and then matches and compares multiple pictures of the same license plate. For example, imagine that a license plate is 12345678 and that the congestion cameras get three partial pictures (12345, 34567, and 5678) and one complete picture (12345678) . The software had to be able to know that all four pictures were from the same vehicle, and then it had to know that it should use the last picture (12345678) and not the partial pictures when converting the picture to text. Finally, once the license plate was converted to text, the license plate number would then be matched with an existing license plate already recorded in a government database. At that point, congestion zone charges are linked with whoever owns the vehicles.
-Refer to City of London. What basic method of capturing information does the City of London use to identify and fine automobile drivers that enter the city's "Congestion Zone"?
Rate Of Return
The percentage gain or loss on an investment relative to the amount of money invested.
Stocks
Financial instruments that represent ownership in a company and signify a claim on part of the company's assets and earnings.
Long-Term Investor
An individual or entity that holds investments for an extended period, focusing on long-term performance rather than short-term gains.
Equity Mutual Fund
A type of mutual fund that invests primarily in stocks, aiming to generate returns through equity ownership in companies.
Q13: Hot Topic is a fastgrowing clothing chain
Q20: Economic order quantity is intended for use
Q33: _ is the tendency to notice and
Q38: Housemate, Inc., makes and sells a variety
Q38: As a judge, Diane applies common law
Q71: The first step in the service-profit chain
Q75: A company has purchased new software which
Q75: Three kinds of information technology are used
Q84: List and briefly define the four parts
Q128: In nonverbal communication, the term _