This paper investigates the risk exposure arising from the supplier evaluation criteria of cost, quality, delivery, and flexibility. An integrated method of Fuzzy Decision Making Trial and Evaluation Laboratory (FDEMATEL) and Fuzzy Analytical Network Process (FANP), which is able to address interaction and feedback effects between the criteria and subjectivity in the decision rating, is used to...

Some people prefer to make risky decisions in their live, such as for avocation or even everyday decision making. Since Bauer first presented the conception of perceived risk in the decision making of consumer behavior, the role of perceived risk in product choice has attracted much attention and decisions such as choosing unknown objects have been known to be risky. Here in this study, we focu...

This chapter considers the natural hazard Risk Manager as an agent for choosing between interventions that affect the impact of future hazards. As such, it is possible to proceed broadly quantitatively, and to set aside the many less-quantifiable concerns that arise during a period of real-time hazard management. Thus the aim is to describe a framework in which it is possible to address questio...

When trying to predict breast cancer screening, it may be important to understand the relationships between perceived breast cancer risks and worries about getting breast cancer. This study examines the extent to which women's worries about breast cancer correlate with perceptions of both absolute (assessment of own) and comparative (self versus other) 10-year and lifetime risks. As part of a l...

Recently, a novel approach towards semi-quantitative IT security risk assessment has been proposed in the draft IEC 62443-3-2. This approach is analyzed from several different angles, e.g. embedding into the overall standard series, semantic and methodological aspects. As a result, several systematic flaws in the approach are exposed. As a way forward, an alternative approach is proposed which ...

Risk assessment has been widely used as a tool for the development of waste management facilities. At the strategic level, risk assessment is used to inform decision makers about the planning process. In terms of a specific site, environmental risk assessment is used to identify risk management options. As an engineering tool, risk assessment is used to optimize the mitigation measures required...

BACKGROUND Internet-based cancer risk assessment tools have the potential to inform the public about cancer risk and promote risk-reducing behaviors. However, poorly communicated information on these websites may result in unintended adverse health outcomes. OBJECTIVE This study examined whether: (1) Internet-based cancer risk assessment tools use risk communication formats that facilitate co...

fault tree analysis (fta) as a probabilistic risk assessment (pra) method is used to identify basic causes leading to an undesired event, to represent logical relation of these basic causes in leading to the event, and finally to calculate the probability of occurrence of this event. to conduct a quantitative fta, one needs a fault tree along with failure data of the basic events (bes). someti...