World Merit Factor Analysis for Hydrogen Fueled Transportation
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We have decided that the following nine factors (which will be called influence factors) will have more impact for a countrys conversion to hydrogen-fueled transportation than other factors:
Size
Population
Income per capita
Educational level
Borders
Petroleum dependence
Vehicles per capita
Hydrogen-filling stations
We have obtained the data for size (S), population (P), income per capita (I), and vehicles per thousand of population (V) for the year 2008. We have calculated educational expenditures as percentage of GDP for education level (E) for 2007.
After the basic merit factor analysis, we assumed that all the dimensionless influence factors have the same effect on the merit factors for deciding whether a country could move to the hydrogen-fueled transportation system faster than the other countries. In other words, we assumed that each dimensionless influence factor has a weight of one.
In the real world, some influence factors will have a greater effect than the others. Then we defined a new weighted merit factor. We have developed an analytical method in order to access the potential of countries for conversion to hydrogen-fueled transportation, which we have named merit factor analysis. This has been based on the selection of influence factors, which influence the outcome, and on the decision of whether the effect of a given influence factor will support the desired outcome or will be an obstacle to the desired outcome. We have further refined our analytical system by the introduction of weighting factors that measure the impact of a given influence factor for the desired outcome or against the desired outcome. We have named the two versions of the analytical method basic merit factor analysis and weighted merit factor analysis respectively.
Of course, the analytical method that we have developed could be applied to other cases in order to compare the potential of a given entity for a desired outcome. For example, it could be applied for the profit potentials of commercial companies by selecting the appropriate influence factors and weighting factors.
Dr. Ayfer Veziroglu
Dr. Ayfer Veziroglu is an esteemed author, born in Turkey, Edirne Ipsala district. She was enrolled into The Marmara University International Business, Istanbul, Turkey, where she chose to pursue a Business Marketing Degree. During her stay at Marmara University, she not only studied as a full-time student, but she was also working full-time. In 1996, just two courses away from her graduation, she emigrated to the United States, postponing her education. However, three years later, she traveled back to Istanbul to finish her studies, where she graduated from The Marmara University in 1999. In 2002, after her graduation from University of Miami Language School, she pursued her Master’s Degree in Management of Technology from University of Miami. After her graduation in 2004, she pursued her Ph.D. in Transportation System, where she received her Doctorate from Institute Superior Tecnico Lisbon, Portugal in 2013. In her Ph.D. work, she has applied System Dynamics Modeling for market penetration of hydrogen-fueled transportation. She has authored / co-authored 11 journal papers, 19 conference papers, 3 invited talks, have co-authored a book chapter, and have co-edited 3 NATO Conference Proceedings. Furthermore, during her career, since 1987, she has worked as a sales representative, administrator, coordinator, research assistant, graduate student supervisor, and financial manager. Now, Dr. Ayfer Veziroglu lives with her husband, Turhan Nejat Veziroglu, and her daughter, Lili Ferruh, in Coral Gables, FL, United States, working as a Financial Manager for the International Association for Hydrogen Energy (IAHE), Turhan Nejat Veziroglu World Hydrogen Energy Foundation, and the International Journal of Hydrogen Energy.
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World Merit Factor Analysis for Hydrogen Fueled Transportation - Dr. Ayfer Veziroglu
Copyright © 2017 by Dr. Ayfer Veziroglu.
Library of Congress Control Number: 2017900914
ISBN: Hardcover 978-1-5245-7788-9
Softcover 978-1-5245-7786-5
eBook 978-1-5245-7787-2
All rights reserved. No part of this book may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or by any information storage and retrieval system, without permission in writing from the copyright owner.
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Rev. date: 01/24/2017
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Table of Contents
1.1 Influence Factors to assess potential to overcome Barriers
1.1.1 Harmonizing Metrics of the Influence Factors
1.1.2 Basic Merit Factor
1.1.3 Weighting the Influence Factors
1.1.4 Weighted Merit Factors
1.1.5 Comparison of Basic Merit Factor Analysis with Weighted Merit Factor Analysis
1.2 Conclusion
Appendix A Merit Factor Analysis Tables and Figures
References
Nomenclature