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This article describes how “START-UP NY” is a state-funded economic development program that encourages businesses to locate to several of its college campuses in exchange for a 0% tax rate for business and their employees. While the program has received much coverage in the popular press,...
Persistent link: https://www.econbiz.de/10012047593
People in a variety of settings can be heard uttering the phrase that “knowledge is power” or the relatively equivalent concept that “information is power.” However, the research literature in particular lacks a simple and standardized way to examine the relationship between knowledge...
Persistent link: https://www.econbiz.de/10012043583
under uncertainty. An explorative case study analyses the way NATO Special Forces use text-chat in Afghanistan. The findings … forms of uncertainty. Such combinations might trigger the emergence of unexpected biases which, in turn, generate mitigated …
Persistent link: https://www.econbiz.de/10012044338
This article describes how most frequently uncertainty arises due to vagueness, imprecision, partial information, etc …., are encountered in medical diagnosis. To deal with this type of uncertainty, initially fuzzy set theory (FST) was explored …
Persistent link: https://www.econbiz.de/10012044862
realistic model regarding uncertain demand. Using Conditional Value at Risk (CVaR) to deal with this uncertainty makes the model …This paper proposes a model to formulate a supply chain network design (SCND) problem against uncertainty. The … objective of the model is to minimize total cost of the network. The model employs risk averseness of retailers to obtain more …
Persistent link: https://www.econbiz.de/10012045802
This article describes how risk assessment is a significant aid in decision-making process. It is usually performed … using models and a ‘model' is a function of some parameters which are usually affected by uncertainty due to lack of data … uncertainty. Normally, triangular fuzzy numbers (TFNs) or trapezoidal fuzzy numbers (TrFNs) are extensively deliberated to embody …
Persistent link: https://www.econbiz.de/10012046071
reason with uncertainty which is one of the characteristics of the world that must be handled. Probabilistic Ontologies have … probabilistic ontology construction, named Prob-Ont, by integrating uncertainty to elements of OWL ontology (especially to instances …
Persistent link: https://www.econbiz.de/10012046094
One approach to determining whether an automated system is performing correctly is to monitor its performance, signaling when the performance is not acceptable; another approach is to automatically analyze the possible behaviors of the system a-priori and determine performance guarantees. Thea...
Persistent link: https://www.econbiz.de/10012046689
Businesses that carry inventory as a means of responding to customer demand must decide when to place inventory orders and how much to order. A model for selecting an optimal order quantity and reorder point in the continuous review system is implemented in spreadsheet software. Historical data...
Persistent link: https://www.econbiz.de/10012046923
Far too many applications of Risk Analysis (RA) and Risk Management (RM) treat risks as though they are distinct and … separate risks. All risks are part of a larger system of interrelated issues, problems, and risks. Each risk is not only … connected to all of the other risks that are parts of the system, but if only in part, each risk is responsible, in causing and …
Persistent link: https://www.econbiz.de/10012047254