Value of Information and Flexibility

Making Decisions Under Uncertainties de

,

Éditeur :

Springer


Collection :

Petroleum Engineering

Paru le : 2021-10-21

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Description

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.

Pages
280 pages
Collection
Petroleum Engineering
Parution
2021-10-21
Marque
Springer
EAN papier
9783030869885
EAN PDF
9783030869892

Informations sur l'ebook
Nombre pages copiables
2
Nombre pages imprimables
28
Taille du fichier
7414 Ko
Prix
89,66 €
EAN EPUB
9783030869892

Informations sur l'ebook
Nombre pages copiables
2
Nombre pages imprimables
28
Taille du fichier
34550 Ko
Prix
89,66 €