Managing Uncertainty in Engineering Design Using Imprecise Probabilities and Principles of Information Economics
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چکیده
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منابع مشابه
The Value of Using Imprecise Probabilities in Engineering Design
Engineering design decisions inherently are made under risk and uncertainty. The characterization of this uncertainty is an essential step in the decision process. In this paper, we consider imprecise probabilities (e.g. intervals of probabilities) to express explicitly the precision with which something is known. Imprecision can arise from fundamental indeterminacy in the available evidence or...
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Managing uncertainty is an integral part of making well-informed engineering decisions. When formulating a design problem, many of the variables and models contain epistemic uncertainty, uncertainty due to lack of knowledge. If this lack of knowledge is significant, it may be advantageous to acquire additional information before making a design decision. In this paper, we develop a framework fo...
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The assessment of the reliability of components and subsystems is an important problem in engineering design. Estimates of the reliability of a design can play a significant role in final design decisions. Data for making these estimates is often scarce during the design process. However, designers also frequently have the option to acquire more information by expending resources. Designers thu...
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