Value of Information and Flexibility is popular PDF and ePub book, written by Martin J. Vilela in 2021-10-21, it is a fantastic choice for those who relish reading online the Technology & Engineering genre. Let's immerse ourselves in this engaging Technology & Engineering book by exploring the summary and details provided below. Remember, Value of Information and Flexibility can be Read Online from any device for your convenience.
Value of Information and Flexibility Book PDF Summary
This book presents a consistent methodology for making decisions under uncertain conditions, as is almost always the case. Tools such as value of information and value of flexibility are explored as a means to make more complex and nuanced decisions. The book develops the complete formalism for assessing the value of acquiring information with two novel approaches. Firstly, it integrates the fuzzy characteristics of data, and secondly develops a methodology for assessing data acquisition actions that optimize the value of projects from a holistic perspective. The book also discusses the formalism for including flexibility in the project decision assessment. Practical examples of oil- and gas-related decision problems are included and discussed to facilitate the learning process. This book provides valuable advice and case studies applicable to engineers, researchers, and graduate students, particularly in the oil and gas industry and pharmaceutic industry.
Detail Book of Value of Information and Flexibility PDF
- Author : Martin J. Vilela
- Release : 21 October 2021
- Publisher : Springer Nature
- ISBN : 9783030869892
- Genre : Technology & Engineering
- Total Page : 295 pages
- Language : English
- PDF File Size : 14,5 Mb
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