Probability management and the flaw-of-averages
Uncertainty is ever-present and is an integral part of life. Recognising the existence of uncertainty and its possible effects on decision-making may be important for the profitability, financial success, or even survival of an organisation. A relatively new discipline, - known as probability manage...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Stellenbosch University
2016-12-01
|
| Series: | South African Journal of Industrial Engineering |
| Subjects: | |
| Online Access: | http://sajie.journals.ac.za/pub/article/view/1572 |