Publisher description for Decisions under uncertainty : probabilistic analysis for engineering decisions / Ian J. Jordaan.
Bibliographic record and links to related information available from the Library of Congress catalog
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Risk assessment is a critical part of every engineer's role, whether it is simply to determine the likelihood of failure of a new product within the warranty period, or to identify the potential cost, human and financial, of the catastrophic failure of a bridge. Including a wide range of case studies and worked examples, this key resource helps the reader to understand the tradeoffs between time, costs and risk in an engineering setting. It will be of value to graduate students, engineers, designers and project managers.
Library of Congress subject headings for this publication: Engineering Statistical methods, Decision making Statistical methods, Probabilities