Risk and Decision Analysis Project at Lockheed-Georgia

Abstract

This paper describes the evolution of the Risk and Decision Analysis Project at Lockheed-Georgia Company which develops new methods, automates existing methods, and performs analyses in support of program definition and conceptual design of new air vehicles. The analytical methods found most useful are identified. Application such as technology assessment and program risk analysis are discussed. Observations are given on the practice of decision analysis in an engineering environment.

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Document Details

Document Type
Technical Report
Publication Date
Jul 15, 1983
Accession Number
ADP002300

Entities

People

  • R. G. Batson
  • R. M. Love

Organizations

  • Lockheed Martin

Tags

Communities of Interest

  • Air Platforms
  • Human Systems

DTIC Thesaurus Topics

  • Acquisition
  • Air Force
  • Aircrafts
  • Business Administration
  • Computers
  • Contracts
  • Databases
  • Engineering
  • Engineers
  • Monte Carlo Method
  • Personnel Management
  • Probability
  • Probability Distributions
  • Risk
  • Risk Analysis
  • Statistical Analysis
  • Statistics

Fields of Study

  • Engineering

Readers

  • Naval Engineering and Maritime Security
  • Systems Analysis and Design