What Every Engineer Should Know About Decision Making Under Uncertainty

£62.99

What Every Engineer Should Know About Decision Making Under Uncertainty

Production and quality control management Engineering: general

Author: John X. Wang

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Language: English

Published by: CRC Press

Published on: 1st July 2002

Format: LCP-protected ePub

ISBN: 9781135563233


Overview

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.

Tools and Techniques

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.

Insights and Applications

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.

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