Measuring the Risk of Shortfalls in Air Force Capabilities - Softcover

Woodward, William E.

Softcover

ISBN 10: 1288327900 ISBN 13: 9781288327904

Verlag: Tradd Street Press, 2012

Inhaltsangabe

The U.S. Air Force seeks to measure and prioritize risk as part of its Capabilities Review and Risk Assessment (CRRA) process. The goal of the CRRA is to identify capability shortfalls, and the risks associated with those shortfalls, to influence future systems acquisition. Many fields, including engineering, medicine and finance, seek to model and measure risks. This research utilizes various risk measurement approaches to propose appropriate risk measures for a military context. Specifically, risk is modeled as a non-negative random variable of severity. Four measures are examined: simple expectation, a risk-value measure, tail conditional expectation, and distorted expectation. Risk measures are subsequently used to weight the objective function coefficients in a system acquisition knapsack problem.

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Details zur Ausgabe

• Verlag: Tradd Street Press
• Erscheinungsdatum: 2012
• Sprache: Englisch
• ISBN 10: 1288327900
• ISBN 13: 9781288327904
• Einband: Taschenbuch
• Anzahl der Seiten: 138
• Kontakt zum Hersteller: Nicht verfügbar
• Verantwortliche Person: GPSR Kontakt; gpsr@libri.de; ; Europaallee 1; Bad Hersfeld; 36244; Deutschland