Risk and Uncertainty Reduction by Using Algebraic Inequalities

1st Edition

Michael T. Todinov

CRC Press
June 18, 2020 Forthcoming
Reference - 224 Pages - 39 B/W Illustrations
ISBN 9780367898007 - CAT# 353866

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Summary

This book covers the application of algebraic inequalities for reliability improvement and for uncertainty and risk reduction. It equips the readers with powerful domain-independent methods for reducing risk based on algebraic inequalities and demonstrates the significant benefits derived from the application for risk and uncertainty reduction.

Algebraic inequalities:

•  Provide a powerful reliability-improvement, risk and uncertainty reduction method that transcends engineering and can be applied in various domains of human activity

•  Presents an effective tool for dealing with deep uncertainty related to key reliability-critical parameters of systems and processes

•  Includes interpretations which links abstract inequalities with the real world

•  Offers a tool for determining tight bounds for the variation of risk-critical parameters and complying the design with these bounds to avoid failure

•  Discusses optimising designs and processes, by minimising the deviation of critical output parameters from their specified values

This book is primarily for engineering professionals and academic researchers in virtually all existing engineering disciplines.

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