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- W114135146 abstract "Based on the quantitative model of risk assessment quantifying intangible factors in risk assessment, optimizing a budget allocation for safety in a manufacturing company was the objective of this paper.Developing a quantitative model for risk assessment in conjunction with decision-making on strategic investments for safety is complicated because of the subjective factors that enter into the inspection of a plant within a company and the choice of appropriate safety measures for the plant. The author’s previous study addressed a part of this problem, and showed how to quantify inherent risks within a plant.Based on the study, the issue of the optimization of the budget allocation for safety measures was addressed by approximating a budget allocation model as a linear programming problem in this paper. A case study was carried out in a chemical company in Japan as an example, which guided how to optimize budget allocation for safety in the company." @default.
- W114135146 created "2016-06-24" @default.
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- W114135146 date "2012-01-01" @default.
- W114135146 modified "2023-09-23" @default.
- W114135146 title "Decision Making on the Optimization of Budget Allocation for Safety" @default.
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- W114135146 doi "https://doi.org/10.1007/978-3-642-29977-3_45" @default.
- W114135146 hasPublicationYear "2012" @default.
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