Engineering Managerial Economic Decision And Risk Analysis
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Engineering Managerial Economic Decision And Risk Analysis
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Author : Teddy Steven Cotter
language : en
Publisher: Springer Nature
Release Date : 2021-11-18
Engineering Managerial Economic Decision And Risk Analysis written by Teddy Steven Cotter and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-11-18 with Technology & Engineering categories.
This book directs the engineering manager or the undergraduate student preparing to become an engineering manager, who is or will become actively engaged in the management of economic-risk trade-off decisions for engineering investments within an organizational system. In today’s global economy, this may mean managing the economic risks of engineering investments across national boundaries in international organizations, government, or service organizations. As such, this is an applied book. The book’s goal is to provide an easy to understand, up to date, and coherent treatment of the management of the economic-risk trade-offs of engineering investments. This book accomplishes this goal by cumulatively sequencing knowledge content from foundational economic and accounting concepts to cost estimating to the traditional engineering economics knowledge culminating in fundamental engineering managerial economic decision-making incorporating risk into engineering management economic decisions.
Engineering Managerial Economic Decision And Risk Analysis
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Author : Teddy Steven Cotter
language : en
Publisher:
Release Date : 2022
Engineering Managerial Economic Decision And Risk Analysis written by Teddy Steven Cotter and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022 with categories.
This book directs the engineering manager or the undergraduate student preparing to become an engineering manager, who is or will become actively engaged in the management of economic-risk trade-off decisions for engineering investments within an organizational system. In today's global economy, this may mean managing the economic risks of engineering investments across national boundaries in international organizations, government, or service organizations. As such, this is an applied book. The book's goal is to provide an easy to understand, up to date, and coherent treatment of the management of the economic-risk trade-offs of engineering investments. This book accomplishes this goal by cumulatively sequencing knowledge content from foundational economic and accounting concepts to cost estimating to the traditional engineering economics knowledge culminating in fundamental engineering managerial economic decision-making incorporating risk into engineering management economic decisions.
Engineering Decision Making And Risk Management
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Author : Jeffrey W. Herrmann
language : en
Publisher: John Wiley & Sons
Release Date : 2015-04-06
Engineering Decision Making And Risk Management written by Jeffrey W. Herrmann and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-04-06 with Business & Economics categories.
IIE/Joint Publishers Book of the Year Award 2016! Awarded for ‘an outstanding published book that focuses on a facet of industrial engineering, improves education, or furthers the profession’. Engineering Decision Making and Risk Management emphasizes practical issues and examples of decision making with applications in engineering design and management Featuring a blend of theoretical and analytical aspects, this book presents multiple perspectives on decision making to better understand and improve risk management processes and decision-making systems. Engineering Decision Making and Risk Management uniquely presents and discusses three perspectives on decision making: problem solving, the decision-making process, and decision-making systems. The author highlights formal techniques for group decision making and game theory and includes numerical examples to compare and contrast different quantitative techniques. The importance of initially selecting the most appropriate decision-making process is emphasized through practical examples and applications that illustrate a variety of useful processes. Presenting an approach for modeling and improving decision-making systems, Engineering Decision Making and Risk Management also features: Theoretically sound and practical tools for decision making under uncertainty, multi-criteria decision making, group decision making, the value of information, and risk management Practical examples from both historical and current events that illustrate both good and bad decision making and risk management processes End-of-chapter exercises for readers to apply specific learning objectives and practice relevant skills A supplementary website with instructional support material, including worked solutions to the exercises, lesson plans, in-class activities, slides, and spreadsheets An excellent textbook for upper-undergraduate and graduate students, Engineering Decision Making and Risk Management is appropriate for courses on decision analysis, decision making, and risk management within the fields of engineering design, operations research, business and management science, and industrial and systems engineering. The book is also an ideal reference for academics and practitioners in business and management science, operations research, engineering design, systems engineering, applied mathematics, and statistics.
Quantitative Risk Management And Decision Making In Construction
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Author : Amarjit Singh
language : en
Publisher: ASCE Press
Release Date : 2017
Quantitative Risk Management And Decision Making In Construction written by Amarjit Singh and has been published by ASCE Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with Construction industry categories.
Singh introduces valuable techniques for weighing and evaluating alternatives in decision making with a focus on risk analysis for identifying, quantifying, and mitigating risks associated with construction projects.
Risk Analysis In Engineering And Economics
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Author : Bilal M. Ayyub
language : en
Publisher: CRC Press
Release Date : 2003-06-26
Risk Analysis In Engineering And Economics written by Bilal M. Ayyub and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-06-26 with Mathematics categories.
More than any other book available, Risk Analysis in Engineering and Economics introduces the fundamental concepts, techniques, and applications of the subject in a style tailored to meet the needs of students and practitioners of engineering, science, economics, and finance. Drawing on his extensive experience in uncertainty and risk modeling and analysis, the author leads readers from the fundamental concepts through the theory, applications, and data requirements, sources, and collection. He emphasizes the practical use of the methods presented and carefully examines the limitations, advantages, and disadvantages of each. Case studies that incorporate the techniques discussed offer a practical perspective that helps readers clearly identify and solve problems encountered in practice. If you deal with decision-making under conditions of uncertainty, this book is required reading. The presentation includes more than 300 tables and figures, more than 100 examples, many case studies, and a wealth of end-of-chapter problems. Unlike the classical books on reliability and risk assessment, this book helps you relate underlying concepts to everyday applications and better prepares you to understand and use the methods of risk analysis.
Risk Analysis In Engineering And Economics Second Edition
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Author : Bilal M. Ayyub
language : en
Publisher: CRC Press
Release Date : 2014-03-18
Risk Analysis In Engineering And Economics Second Edition written by Bilal M. Ayyub and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-03-18 with Business & Economics categories.
Risk Analysis in Engineering and Economics is required reading for decision making under conditions of uncertainty. The author describes the fundamental concepts, techniques, and applications of the subject in a style tailored to meet the needs of students and practitioners of engineering, science, economics, and finance. Drawing on his extensive experience in uncertainty and risk modeling and analysis, the author covers everything from basic theory and key computational algorithms to data needs, sources, and collection. He emphasizes practical use of the methods presented and carefully examines the limitations, advantages, and disadvantages of each to help readers translate the discussed techniques into real-world solutions. This Second Edition: Introduces the topic of risk finance Incorporates homeland security applications throughout Offers additional material on predictive risk management Includes a wealth of new and updated end-of-chapter problems Delivers a complementary mix of theoretical background and risk methods Brings together engineering and economics on balanced terms to enable appropriate decision making Presents performance segregation and aggregation within a risk framework Contains contemporary case studies, such as protecting hurricane-prone regions and critical infrastructure Provides 320+ tables and figures, over 110 diverse examples, numerous end-of-book references, and a bibliography Unlike the classical books on reliability and risk management, Risk Analysis in Engineering and Economics, Second Edition relates underlying concepts to everyday applications, ensuring solid understanding and use of the methods of risk analysis.
What Every Engineer Should Know About Decision Making Under Uncertainty
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Author : John X. Wang
language : en
Publisher: CRC Press
Release Date : 2002-07-01
What Every Engineer Should Know About Decision Making Under Uncertainty written by John X. Wang and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-07-01 with Technology & Engineering categories.
Covering the prediction of outcomes for engineering decisions through regression analysis, this succinct and practical reference presents statistical reasoning and interpretational techniques to aid in the decision making process when faced with engineering problems. The author emphasizes the use of spreadsheet simulations and decision trees as important tools in the practical application of decision making analyses and models to improve real-world engineering operations. He offers insight into the realities of high-stakes engineering decision making in the investigative and corporate sectors by optimizing engineering decision variables to maximize payoff.
Flood Risk Science And Management
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Author : Gareth Pender
language : en
Publisher: John Wiley & Sons
Release Date : 2010-12-01
Flood Risk Science And Management written by Gareth Pender and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-12-01 with Technology & Engineering categories.
Approaches to avoid loss of life and limit disruption and damage from flooding have changed significantly in recent years. Worldwide, there has been a move from a strategy of flood defence to one of flood risk management. Flood risk management includes flood prevention using hard defences, where appropriate, but also requires that society learns to live with floods and that stakeholders living in flood prone areas develop coping strategies to increase their resilience to flood impacts when these occur. This change in approach represents a paradigm shift which stems from the realisation that continuing to strengthen and extend conventional flood defences is unsustainable economically, environmentally, and in terms of social equity. Flood risk management recognises that a sustainable approach must rest on integrated measures that reduce not only the probability of flooding, but also the consequences. This is essential as increases in the probability of inundation are inevitable in many areas of the world due to climate change, while socio-economic development will lead to spiralling increases in the consequences of flooding unless land use in floodplains is carefully planned. Flood Risk Science and Management provides an extensive and comprehensive synthesis of current research in flood management; providing a multi-disciplinary reference text covering a wide range of flood management topics. Its targeted readership is the international research community (from research students through to senior staff) and flood management professionals, such as engineers, planners, government officials and those with flood management responsibility in the public sector. By using the concept of case study chapters, international coverage is given to the topic, ensuring a world-wide relevance.
Engineering Economics And Costing
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Author : KK Patra | Dhiraj Bhattacharjee
language : en
Publisher: S. Chand Publishing
Release Date :
Engineering Economics And Costing written by KK Patra | Dhiraj Bhattacharjee and has been published by S. Chand Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on with Mathematics categories.
Salient Features of the Book: Simple and lucid language Sequential arrangement of topics Review question after each chapter Interest calculation table Straight answers to 101 nagging questions
Optimization Techniques And Applications Icota 95
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Author : G Z Liu
language : en
Publisher: World Scientific
Release Date : 1995-09-01
Optimization Techniques And Applications Icota 95 written by G Z Liu and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995-09-01 with categories.
With the advent of powerful computers and novel mathematical programming techniques, the multidisciplinary field of optimization has advanced to the stage that quite complicated systems can be addressed. The conference was organized to provide a platform for the exchange of new ideas and information and for identifying needs for future research. The contributions covered both theoretical techniques and a rich variety of case studies to which optimization can be usefully applied.