The application of the project queuing method in the risk-decision-making based on evaluating relative position

The application of the project queuing method in the risk-decision-making based on evaluating relative position

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Article ID: iaor20014076
Country: China
Volume: 12
Issue: 2
Start Page Number: 89
End Page Number: 92
Publication Date: Jun 2000
Journal: Journal of Gansu Sciences
Authors: ,
Abstract:

The application of conventional methods in the risk-decision-making include expected value principle, minimum variance principle, minimum risk-coefficient principle and others, but the results of each method are not uniform. In order to overcome the defect of conventional methods, the project queuing method based on evaluating relative position is proposed to solve the risk-decision-making problem.

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