Skip to main content

Cost Adjusted MIQ: A New Tool for Measuring Intelligence Value of Systems

  • Chapter
  • First Online:
Intelligent Control and Innovative Computing

Part of the book series: Lecture Notes in Electrical Engineering ((LNEE,volume 110))

  • 749 Accesses

Abstract

Most systems that require the operator control can be considered as man–machine cooperative systems in whose functioning, humans, machines and other unintelligent parts play specific roles. Each role has a value. The recently developed machine intelligence quotient (MIQ) measures the contribution provided by the machines to a system. However, for a more practical decision making process, one needs to also consider the cost of improvements. We propose a simple measure of the cost-benefit criterion which enhances the aforementioned concept by adjusting it for the cost, the cost adjusted MIQ (CAMIQ). The method can be especially useful when trying to determine the best solution among several contenders which are similarly valued, but costwise different.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 129.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 169.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 169.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  1. Belli P, Anderson JR, Barnum HN, Dixon JA, Tan J-P (2001) Economic analysis of investment operations. Analytical tools and practical applications. WBI World Bank Report, Washington DC

    Google Scholar 

  2. Brent RJ (1996) Applied cost-benefit analysis. Edward Elgar, Cheltenham

    Google Scholar 

  3. Florio M, Vignette S (2003) Cost benefit analysis of infrastructure projects in enlarged EU: an incentive-oriented approach. Paper presented at the fifth European conference on evaluation of the structural funds. “Challenges for Evaluation in an Enlarged Europe”, Budapest, 26/27 June

    Google Scholar 

  4. Flyvbjerg B, Holm MS, Buhl SL (2005) How (In)accurate are demand forecasts in public works projects? J Am Planning Assoc 71(2):131–146

    Article  Google Scholar 

  5. Flyvbjerg B, Holm MS, Buhl SL (2002) Underestimating costs in public works projects Error or Lie? J Am Planning Assoc 68(3):279–295

    Article  Google Scholar 

  6. Bien Z (1998) How to measure the machine intelligence quotient (MIQ): two methods and applications. Proceedings of world automation congress, Anchorage, May 1998

    Google Scholar 

  7. Kim S-W, Kim BK (1998) MIQ (Machine Intelligence Quotient) for process control system. Proceedings of world automation congress, Anchorage, May 1998

    Google Scholar 

  8. Park H, Kim B, Lim K (2001) Measuring the machine intelligence quotient (MIQ) of human–machine cooperative systems. IEEE Trans Syst man Cybernet 31:89–96

    Article  Google Scholar 

  9. Park H, Kim B, Lim G (1999) Measuring machine intelligence for human–machine cooperative systems using intelligence task graph. Proceedings of the 1999 IEEE/RSJ International Conference on Intelligent Robots and Systems, pp 689–694. http://dspace.kaist.ac.kr/bitstream/10203/1353/1/IC_1999hjpark_1_OnlinePDF.pdf

  10. Ulinwa IC MIQ understanding a machine through multiple perspectives analysis. www.isd.mel.nist.gov/research_areas/research_engineering/Performance_Metrics/PerMIS_2003/Proceedings/Ulinwa_OnlinePDF.pdf

  11. Anthony A, Jannett TC (2006) Measuring machine intelligence of an agent-based distributed sensor network system. Proceedings of international joint conferences on computer, information, and systems sciences and engineering (CISSE), Dec 2006

    Google Scholar 

  12. Ozkul T (2009) Cost-benefit analyses of man–machine cooperative systems by assessment of machine intelligence quotient (MIQ) gain. Proceedings of mechatronics and its applications, 23–26 March 2009

    Google Scholar 

  13. Ozkul T, Genc IH (2011) Development of cost adjusted MIQ concept for measuring intelligence value of systems. Lecture notes in engineering and computer science: proceedings of the international multiconference of engineers and computer scientists 2011, IMECS 2011, Hong Kong, 16–18 March 2011, pp 33–37

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Tarik Ozkul .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2012 Springer Science+Business Media, LLC

About this chapter

Cite this chapter

Ozkul, T., Genc, I.H. (2012). Cost Adjusted MIQ: A New Tool for Measuring Intelligence Value of Systems. In: Ao, S., Castillo, O., Huang, X. (eds) Intelligent Control and Innovative Computing. Lecture Notes in Electrical Engineering, vol 110. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-1695-1_14

Download citation

  • DOI: https://doi.org/10.1007/978-1-4614-1695-1_14

  • Published:

  • Publisher Name: Springer, New York, NY

  • Print ISBN: 978-1-4614-1694-4

  • Online ISBN: 978-1-4614-1695-1

  • eBook Packages: EngineeringEngineering (R0)

Publish with us

Policies and ethics