What Every Engineer Should Know About Decision Making Under Uncertainty PDF Download

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What Every Engineer Should Know About Decision Making Under Uncertainty

What Every Engineer Should Know About Decision Making Under Uncertainty PDF Author: John X. Wang
Publisher: CRC Press
ISBN: 9780203910757
Category : Technology & Engineering
Languages : en
Pages : 342

Book Description
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.