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Design Decisions under Uncertainty with Limited Information : Structures and Infrastructures Book Series, Vol. 7, PDF eBook

Design Decisions under Uncertainty with Limited Information : Structures and Infrastructures Book Series, Vol. 7 PDF

Part of the ISSN series

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Description

Today's business environment involves design decisions with significant uncertainty.

To succeed, decision-makers should replace deterministic methods with a risk-based approach that accounts for the decision maker's risk tolerance.

In many problems, it is impractical to collect data because rare or one-time events are involved.

Therefore, we need a

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