Purpose: In the buyer-supplier relationship of a high-technology enterprise, the concepts of trust and risk are closely intertwined. Entering into a buyer-supplier relationship inherently involves a degree of risk, since there is always an opportunity for one of the parties to act...

This book focuses on optimal control and systems engineering in the big data era. It examines the scientific innovations in optimization, control and resilience management that can be applied to further success. In both business operations and engineering applications, there are huge amounts of...

Risk and safety programs need to be monitored and evaluated through real-world experience and performance. Several perspectives on the program might be useful across organizational units, stakeholders, and subject-matter experts. Quantifications of risks, benefits, and costs of the programs as...

Communities worldwide face diminished infrastructure performance and increased operating and capital costs resulting from unmanaged industrial, commercial, and residential development that impinges on their infrastructure corridors. It is important that planners anticipate and proactively manage...

The consideration of emergent scenarios of economy, environment, technology, etc. is mandated by the US Department of Transportation for long-range transportation planning of infrastructure that will involve federal funding. This paper develops a practical methodology of scenario-based planning...

Allocating resources to competing large-scale infrastructure projects involves multiple objectives. Traditional decision-aiding methodologies focus on the trade-offs among performance and resource objectives. Existing methodologies may fail to account for unknown and emergent risks that are...