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- W22025541 abstract "While Computer Integrated Manufacturing Systems (CIMS) provide promises of great flexibility to meet the challenges of manufacturing businesses today and in the future, investments in this capability are often very large. Those investments also involve considerable uncertainties and potential risks. This article describes some analytical approaches to making quantitative descriptions of uncertainty and measuring profitabilities of proposed ventures and their potential risks. Recommended measures of risk include loss integrals, partial means, and others. These measures of risk can be subtracted from overall expected profitabilities to describe riskless profitabilities. Also, these measures of risk aid in determining venture acceptabilities either without or with some degrees of indemnity." @default.
- W22025541 created "2016-06-24" @default.
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- W22025541 date "1992-01-01" @default.
- W22025541 modified "2023-09-27" @default.
- W22025541 title "Measuring Uncertainty and Risk in Cims Environments" @default.
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- W22025541 doi "https://doi.org/10.1016/b978-0-444-89398-7.50018-5" @default.
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