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The Phillips Machine, also known as the MONIAC (Monetary National Income Analogue Computer), Phillips Hydraulic Computer and the Financephalograph, is an analogue computer which uses fluidic logic to model the workings of an economy. The name "MONIAC" is suggested by associating money and ENIAC, an early electronic digital computer.
The history of computing hardware spans the developments from early devices used for simple calculations to today's complex computers, encompassing advancements in both analog and digital technology. The first aids to computation were purely mechanical devices which required the operator to set up the initial values of an elementary arithmetic ...
Arab astronomer, Abū Ishāq Ibrāhīm al-Zarqālī (Arzachel) of al-Andalus, invented the Equatorium [citation needed], a mechanical analog computer device used for finding the longitudes and positions of the Moon, Sun and planets without calculation, using a geometrical model to represent the celestial body's mean and anomalistic position.
The 19th century also saw the designs of Charles Babbage calculating machines, first with his difference engine, started in 1822, which was the first automatic calculator since it continuously used the results of the previous operation for the next one, and second with his analytical engine, which was the first programmable calculator, using ...
The Comptometer was the first commercially successful key-driven mechanical calculator, patented in the United States by Dorr Felt in 1887.. A key-driven calculator is extremely fast because each key adds or subtracts its value to the accumulator as soon as it is pressed and a skilled operator can enter all of the digits of a number simultaneously, using as many fingers as required, making ...
Here’s how the capital asset pricing model works. Here’s how the capital asset pricing model works. Skip to main content. Subscriptions; Animals. Business. Food. Games. Health. Home & Garden ...
By 1976, the cost of the cheapest four-function pocket calculator had dropped to a few dollars, about 1/20 of the cost five years before. The results of this were that the pocket calculator was affordable, and that it was now difficult for the manufacturers to make a profit from calculators, leading to many firms dropping out of the business or ...
The stepped reckoner or Leibniz calculator was a mechanical calculator invented by the German mathematician Gottfried Wilhelm Leibniz (started in 1673, when he presented a wooden model to the Royal Society of London [2] and completed in 1694). [1]