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Describe one risk management scenario where the Expected Value, E[X], might be an insufficient criterion to use in choosing a way to address an unacceptable
- Describe one risk management scenario where the Expected Value, E[X], might be an insufficient criterion to use in choosing a way to address an unacceptable risk?
- Describe the combined role of Economics, Probability, and Decision Theory in risk management.
- General Systems Theory (GST) suggests that systems are 'everywhere'. How is this relevant to us EMSE's when we are trying to manage risks?
- Identify and describe one system that you would NOT consider to be complex.
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The Restaurant From Concept to Operation
Authors: John R Walker
6th Edition
9781118139950, 470626437, 111813995X, 978-0470626436
