A Methodology for Systems Engineering, Volume 24 |
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Page 271
... expected profit criterion for one - dimensional value and probability vectors . Maximum expected profit has one major limitation , as can be shown by numerous examples . Suppose a firm is faced with two alternatives : Alternative 1 : A ...
... expected profit criterion for one - dimensional value and probability vectors . Maximum expected profit has one major limitation , as can be shown by numerous examples . Suppose a firm is faced with two alternatives : Alternative 1 : A ...
Page 302
... expected profit in that particular decision . If one accepts the justification just attempted for the use of expected profit as a criterion , one must still recall the warning given in Sec . 9.6 that care is needed in applying this ...
... expected profit in that particular decision . If one accepts the justification just attempted for the use of expected profit as a criterion , one must still recall the warning given in Sec . 9.6 that care is needed in applying this ...
Page 303
... expected profit or expected payoff as a reasonable criterion for judging the value of different decisions in the face of specified risk , recognizing that it may not be simply the dollar value of a consequence which is put into the ...
... expected profit or expected payoff as a reasonable criterion for judging the value of different decisions in the face of specified risk , recognizing that it may not be simply the dollar value of a consequence which is put into the ...
Contents
WHAT IS SYSTEMS ENGINEERING? | 7 |
1 | 16 |
THE TD2 RADIO RELAY SYSTEM | 22 |
Copyright | |
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action alternative analysis applied approach basic block called channel Chapter choose complete components consequences consider cost creative criterion decision defined definition demand detailed determine discussed economic effect environment equation equipment example existing expected experience fact factors field frequency function give given graph human ideas important income increase individual input interest kinds limited lines means measure methods nature necessary objectives operations organization output performance phase physical planning possible preference present probability problem profit properties questions radio reason received relation requirements satisfy scale shows signal sometimes specific standard step studies synthesis systems engineering technical techniques telephone theory tion units usually utility variables wanted York