Risk and Uncertainty Reduction by Using Algebraic Inequalities

Risk and Uncertainty Reduction by Using Algebraic Inequalities PDF Author: Michael T. Todinov
Publisher: CRC Press
ISBN: 100007644X
Category : Technology & Engineering
Languages : en
Pages : 142

Get Book

Book Description
This book covers the application of algebraic inequalities for reliability improvement and for uncertainty and risk reduction. It equips readers with powerful domain-independent methods for reducing risk based on algebraic inequalities and demonstrates the significant benefits derived from the application for risk and uncertainty reduction. Algebraic inequalities: • Provide a powerful reliability improvement, risk and uncertainty reduction method that transcends engineering and can be applied in various domains of human activity • Present an effective tool for dealing with deep uncertainty related to key reliability-critical parameters of systems and processes • Permit meaningful interpretations which link abstract inequalities with the real world • Offer a tool for determining tight bounds for the variation of risk-critical parameters and complying the design with these bounds to avoid failure • Allow optimising designs and processes by minimising the deviation of critical output parameters from their specified values and maximising their performance This book is primarily for engineering professionals and academic researchers in virtually all existing engineering disciplines.

Risk and Uncertainty Reduction by Using Algebraic Inequalities

Risk and Uncertainty Reduction by Using Algebraic Inequalities PDF Author: Michael T. Todinov
Publisher: CRC Press
ISBN: 100007644X
Category : Technology & Engineering
Languages : en
Pages : 142

Get Book

Book Description
This book covers the application of algebraic inequalities for reliability improvement and for uncertainty and risk reduction. It equips readers with powerful domain-independent methods for reducing risk based on algebraic inequalities and demonstrates the significant benefits derived from the application for risk and uncertainty reduction. Algebraic inequalities: • Provide a powerful reliability improvement, risk and uncertainty reduction method that transcends engineering and can be applied in various domains of human activity • Present an effective tool for dealing with deep uncertainty related to key reliability-critical parameters of systems and processes • Permit meaningful interpretations which link abstract inequalities with the real world • Offer a tool for determining tight bounds for the variation of risk-critical parameters and complying the design with these bounds to avoid failure • Allow optimising designs and processes by minimising the deviation of critical output parameters from their specified values and maximising their performance This book is primarily for engineering professionals and academic researchers in virtually all existing engineering disciplines.

Risk and Uncertainty Reduction by Using Algebraic Inequalities

Risk and Uncertainty Reduction by Using Algebraic Inequalities PDF Author: M. T. Todinov
Publisher:
ISBN: 9780367504014
Category : Inequalities (Mathematics)
Languages : en
Pages :

Get Book

Book Description
"This book provides the reader with a domain-independent method for reducing risk through maximizing reliability, reducing epistemic uncertainty, reducing aleatory uncertainty, ranking the reliabilities of systems and processes, minimizing the risk of faulty assemblies, and ranking decision-making alternatives in the presence of deep uncertainty"--

Interpretation of Algebraic Inequalities

Interpretation of Algebraic Inequalities PDF Author: Michael Todinov
Publisher: CRC Press
ISBN: 100046895X
Category : Technology & Engineering
Languages : en
Pages : 154

Get Book

Book Description
This book introduces a new method based on algebraic inequalities for optimising engineering systems and processes, with applications in mechanical engineering, materials science, electrical engineering, reliability engineering, risk management and operational research. This book shows that the application potential of algebraic inequalities in engineering and technology is far-reaching and certainly not restricted to specifying design constraints. Algebraic inequalities can handle deep uncertainty associated with design variables and control parameters. With the method presented in this book, powerful new knowledge about systems and processes can be generated through meaningful interpretation of algebraic inequalities. This book demonstrates how the generated knowledge can be put into practice through covering the algebraic inequalities suitable for interpretation in different contexts and describing how to apply this knowledge to enhance system and process performance. Depending on the specific interpretation, knowledge, applicable to different systems from different application domains, can be generated from the same algebraic inequality. Furthermore, an important class of algebraic inequalities has been introduced that can be used for optimising systems and processes in any area of science and technology provided that the variables and the separate terms of the inequalities are additive quantities. With the presented various examples and solutions, this book will be of interest to engineers, students and researchers in the field of optimisation, engineering design, reliability engineering, risk management and operational research.

Handbook of Advanced Performability Engineering

Handbook of Advanced Performability Engineering PDF Author: Krishna B. Misra
Publisher: Springer Nature
ISBN: 3030557324
Category : Technology & Engineering
Languages : en
Pages : 811

Get Book

Book Description
This book considers all aspects of performability engineering, providing a holistic view of the activities associated with a product throughout its entire life cycle of the product, as well as the cost of minimizing the environmental impact at each stage, while maximizing the performance. Building on the editor's previous Handbook of Performability Engineering, it explains how performability engineering provides us with a framework to consider both dependability and sustainability in the optimal design of products, systems and services, and explores the role of performability in energy and waste minimization, raw material selection, increased production volume, and many other areas of engineering and production. The book discusses a range of new ideas, concepts, disciplines, and applications in performability, including smart manufacturing and Industry 4.0; cyber-physical systems and artificial intelligence; digital transformation of railways; and asset management. Given its broad scope, it will appeal to researchers, academics, industrial practitioners and postgraduate students involved in manufacturing, engineering, and system and product development.

Interpretation of Algebraic Inequalities

Interpretation of Algebraic Inequalities PDF Author: M. T. Todinov
Publisher:
ISBN: 9781003199830
Category : Technology & Engineering
Languages : en
Pages : 0

Get Book

Book Description
This book introduces a new method based on algebraic inequalities for optimising engineering systems and processes, with applications in mechanical engineering, materials science, electrical engineering, reliability engineering, risk management and operational research. This book shows that the application potential of algebraic inequalities in engineering and technology is far-reaching and certainly not restricted to specifying design constraints. Algebraic inequalities can handle deep uncertainty associated with design variables and control parameters. With the method presented in this book, powerful new knowledge about systems and processes can be generated through meaningful interpretation of algebraic inequalities. This book demonstrates how the generated knowledge can be put into practice through covering the algebraic inequalities suitable for interpretation in different contexts and describing how to apply this knowledge to enhance system and process performance. Depending on the specific interpretation, knowledge, applicable to different systems from different application domains, can be generated from the same algebraic inequality. Furthermore, an important class of algebraic inequalities has been introduced that can be used for optimising systems and processes in any area of science and technology provided that the variables and the separate terms of the inequalities are additive quantities. With the presented various examples and solutions, this book will be of interest to engineers, students and researchers in the field of optimisation, engineering design, reliability engineering, risk management and operational research.

Uncertainty Quantification in Variational Inequalities

Uncertainty Quantification in Variational Inequalities PDF Author: Joachim Gwinner
Publisher: CRC Press
ISBN: 1351857665
Category : Mathematics
Languages : en
Pages : 334

Get Book

Book Description
Uncertainty Quantification (UQ) is an emerging and extremely active research discipline which aims to quantitatively treat any uncertainty in applied models. The primary objective of Uncertainty Quantification in Variational Inequalities: Theory, Numerics, and Applications is to present a comprehensive treatment of UQ in variational inequalities and some of its generalizations emerging from various network, economic, and engineering models. Some of the developed techniques also apply to machine learning, neural networks, and related fields. Features First book on UQ in variational inequalities emerging from various network, economic, and engineering models Completely self-contained and lucid in style Aimed for a diverse audience including applied mathematicians, engineers, economists, and professionals from academia Includes the most recent developments on the subject which so far have only been available in the research literature

Oracle Inequalities in Empirical Risk Minimization and Sparse Recovery Problems

Oracle Inequalities in Empirical Risk Minimization and Sparse Recovery Problems PDF Author: Vladimir Koltchinskii
Publisher: Springer
ISBN: 3642221475
Category : Mathematics
Languages : en
Pages : 254

Get Book

Book Description
The purpose of these lecture notes is to provide an introduction to the general theory of empirical risk minimization with an emphasis on excess risk bounds and oracle inequalities in penalized problems. In recent years, there have been new developments in this area motivated by the study of new classes of methods in machine learning such as large margin classification methods (boosting, kernel machines). The main probabilistic tools involved in the analysis of these problems are concentration and deviation inequalities by Talagrand along with other methods of empirical processes theory (symmetrization inequalities, contraction inequality for Rademacher sums, entropy and generic chaining bounds). Sparse recovery based on l_1-type penalization and low rank matrix recovery based on the nuclear norm penalization are other active areas of research, where the main problems can be stated in the framework of penalized empirical risk minimization, and concentration inequalities and empirical processes tools have proved to be very useful.

Uncertainty and Risk

Uncertainty and Risk PDF Author: Gabriele Bammer
Publisher: Taylor & Francis
ISBN: 1136549862
Category : Business & Economics
Languages : en
Pages : 401

Get Book

Book Description
This is a major, and deeply thoughtful, contribution to understanding uncertainty and risk. Our world and its unprecedented challenges need such ways of thinking! Much more than a set of contributions from different disciplines, this book leads you to explore your own way of perceiving your own area of work. An outstanding contribution that will stay on my shelves for many years. Dr Neil T. M. Hamilton, Director, WWF International Arctic Programme This collection of essays provides a unique and fascinating overview of perspectives on uncertainty and risk across a wide variety of disciplines. It is a valuable and accessible sourcebook for specialists and laypeople alike. Professor Renate Schubert, Head of the Institute for Environmental Decisions and Chair of Economics at the Swiss Federal Institute of Technology This comprehensive collection of disciplinary perspectives on uncertainty is a definitive guide to contemporary insights into this Achilles heel of modernity and the endemic hubris of institutional science in its role as public authority. It gives firm foundations to the fundamental historic shift now underway in the world, towards normalizing acceptance of the immanent condition of ignorance and of its practical corollaries: contingency, uncontrol, and respect for difference. Brian Wynne, Professor of Science Studies, Lancaster University Bammer and Smithson have assembled a fascinating, important collection of papers on uncertainty and its management. The integrative nature of Uncertainty and Risk makes it a landmark in the intellectual history of this vital cross-disciplinary concept. George Cvetkovich, Director, Center for Cross-Cultural Research, Western Washington University Uncertainty governs our lives. From the unknowns of living with the risks of terrorism to developing policies on genetically modified foods, or disaster planning for catastrophic climate change, how we conceptualize, evaluate and cope with uncertainty drives our actions and deployment of resources, decisions and priorities. In this thorough and wide-ranging volume, theoretical perspectives are drawn from art history, complexity science, economics, futures, history, law, philosophy, physics, psychology, statistics and theology. On a practical level, uncertainty is examined in emergency management, intelligence, law enforcement, music, policy and politics. Key problems that are a subject of focus are environmental management, communicable diseases and illicit drugs. Opening and closing sections of the book provide major conceptual strands in uncertainty thinking and develop an integrated view of the nature of uncertainty, uncertainty as a motivating or de-motivating force, and strategies for coping and managing under uncertainty.

Vulnerability, Uncertainty, and Risk: Quantification, Mitigation, and Management

Vulnerability, Uncertainty, and Risk: Quantification, Mitigation, and Management PDF Author: Jim W. Hall
Publisher:
ISBN: 9780784413609
Category :
Languages : en
Pages : 0

Get Book

Book Description
Proceedings of the Second International Conference on Vulnerability and Risk Analysis and Management (ICVRAM) and the Sixth International Symposium on Uncertainty Modeling and Analysis (ISUMA), held in Liverpool, UK, July 13-16, 2014. Sponsored by the Institute for Risk and Uncertainty and the Virtual Engineering Centre of the University of Liverpool, the Environmental Change Institute of the University of Oxford, and the Council on Disaster Risk Management of ASCE. Vulnerability, Uncertainty, and Risk: Quantification, Mitigation, and Management, CDRM 9, contains 290 peer-reviewed papers that build upon recent significant advances in the quantification, mitigation, and management of risk and uncertainty. These papers focus on decision making and multi-disciplinary developments to address the demands and challenges evolving from the rapidly growing complexity of real-world problems. Topics include: risk assessment and management of critical infrastructure projects; performance-based and reliability-based structural optimization under uncertainty; verified and stochastic approaches to modeling and simulation under uncertainty; risk management for floods, tsunamis, earthquakes, and other natural hazards; risk and uncertainty modeling in transportation and logistics; and geotechnical risk, uncertainty, and decision making. These papers will be valuable to experts, decision-makers, and others involved in assessing, planning responses to, and managing vulnerability and risk.

Uncertainty Theory

Uncertainty Theory PDF Author: Baoding Liu
Publisher: Springer
ISBN: 3540731652
Category : Technology & Engineering
Languages : en
Pages : 255

Get Book

Book Description
This book provides a self-contained, comprehensive and up-to-date presentation of uncertainty theory. The purpose is to equip the readers with an axiomatic approach to deal with uncertainty. For this new edition the entire text has been totally rewritten. The chapters on chance theory and uncertainty theory are completely new. Mathematicians, researchers, engineers, designers, and students will find this work a stimulating and useful reference.