This paper draws on the “human reliability” concept as a structure for gaining insight into the maintenance workforce assessment in a process industry. Human reliability hinges on developing the reliability of humans to a threshold that guides the maintenance workforce to execute accurate decisions within the limits of resources and time allocations. This concept offers a worthwhile point of de...

Based on the model of symmetric and asymmetric duopoly option game, this paper discusses the present value of profit flows and the sunk investment costs for the trapezoidal fuzzy number. It constructs the fuzzy expressions of the investment value and investment threshold of followers and leaders under fuzzy environment and conducts numerical analysis. This offers a kind of explanation to the in...

A Fuzzy Behavioral Portfolio model (FBPM) is proposed for security investment with insufficient market information and uncertain emotion influence on investment return and risk. Based on the general behavioral portfolio theory, trapezoidal fuzzy number is employed to characterize investment return and risk. Text emotion analysis based on emotional lexicons is introduced to obtain the market inv...

To select an optimal investment enterprise is the key to effectively reduce the investment risk for an investment company. In this paper, the author studies the problem of optimal investment enterprise selection decision under uncertain information environment (fuzzy information and grey information coexist), and present a fuzzy grey multi-attribute group decision making model to select the opt...

the goal of this paper is to show how the concept of fuzzy logic can be used to establish a degree to which an investment project belongs to a class of risk. also, the probability of the fuzzy event is presented and is ap-plied to calculate the probability of the fuzzy event “the project x is a good investment”. this process has to enable the decision maker to compare several alternative invest...

background: acute appendicitis is one of the common and urgent illnesses among children.  children usually are unable to help the physicians completely due to weakness in describing the medical history. moreover, acute appendicitis overlaps with conditions of other diseases in terms of symptoms and signs in the first hours of presentation. these conditions lead to unwanted biases as well as err...

The applicability of Net Present Value (NPV) in an investment project is becoming more and more popular in the field of engineering economics. The classical NPV methodology involves only the precise and accurate data of the investment project. In the present communication, we give a new mathematical model for NPV which uses the concept of intuitionistic fuzzy set theory. The proposed model is b...

Under more and more fiscal scrutiny because of shrinking state and local budgets, workforce development programs are being asked to estimate their return on investment (ROI). This paper introduces basic concepts of ROI in workforce development programs. It distinguishes ROIs estimated for workforce programs from those that are estimated for financial investments or capital projects. The paper f...