2024-03-29T13:51:12Z
https://digital.library.unt.edu/oai/
info:ark/67531/metadc926761
2019-06-06T19:05:24Z
partner:UNTGD
collection:OSTI
access_rights:public
Resource allocation using risk analysis
Bott, T. F. (Terrence F.)
Eisenhawer, S. W. (Stephen W.)
Management
99 General And Miscellaneous//Mathematics, Computing, And Information Science
Evaluation
Reliability
Risk Assessment
Resources
Allocating limited resources among competing priorities is an important problem in management. In this paper we describe an approach to resource allocation using risk as a metric. We call this approach the Logic-Evolved Decision (LED) approach because we use logic-models to generate an exhaustive set of competing options and to describe the often highly complex model used for evaluating the risk reduction achieved by different resource allocations among these options. The risk evaluation then proceeds using probabilistic or linguistic input data.
Los Alamos National Laboratory
United States. Department of Energy.
2003-01-01
Article
2 p.
Text
rep-no: LA-UR-03-2145
osti: 976578
https://digital.library.unt.edu/ark:/67531/metadc926761/
ark: ark:/67531/metadc926761
Submitted to: Annual Reliability and Maintainability Symposium, Los Angeles, CA, January 26-29, 2004
English