Systems Engineering with Economics, Probability, and Statistics

Systems Engineering with Economics, Probability, and Statistics

Author: C. Jotin Khisty

Publisher: J. Ross Publishing

Published: 2012

Total Pages: 625

ISBN-13: 1604270551

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This title offers an overview of the fundamentals and practice applications of probability and statistics, microeconomics, engineering economics, hard and soft systems analysis, and sustainable development and sustainability applications in engineering planning.


Fundamentals of Systems Engineering

Fundamentals of Systems Engineering

Author: C. Jotin Khisty

Publisher:

Published: 2001

Total Pages: 504

ISBN-13:

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Based on the reality that today's engineers need a broad range of decision-making skills, this unique reference draws together--"into a single comprehensive volume"--all the fundamental principles of systems analysis (both hard and soft systems), economics (particularly microeconomics), probability, and statistics that engineers need to develop a rich, multifaceted perspective from which to tackle--and solve--complex engineering problems. The emphasis throughout is on presenting the fundamental concepts and their practical engineering applications, "unobscured by complicated mathematics." Using a large number of worked examples, it integrates the power of quantitative analysis with the conceptual richness of capital budgeting and microeconomics into the elements of systems engineering. Coverage is broad-based and applicable for engineers in practically "all" branches of engineering. The Systems Approach. Problem Solving in Engineering & Planning. Basic Engineering Economics & Evaluation. Basic Micro Economics for Engineers & Planners. Principles of Probability (Probability Theory; Random Variables and Probability Distributions; Joint Probability Functions and Correlated Variables). Principles of Statistics (Estimation of Statistical Parameters and Testing Validity of Distribution Functions; Hypothesis Testing, Analysis of Variance, Regression and Correlation Analysis). Basic Hard Systems Engineering. Basic Soft Systems Thinking & Analysis. For Civil, Chemical, Electrical, Environmental, Mechanical, and Industrial Engineers, Urban Planners, Architects, and Construction Managers.


Engineering Reliability

Engineering Reliability

Author: Richard E. Barlow

Publisher: SIAM

Published: 1998-01-01

Total Pages: 219

ISBN-13: 9780898719758

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Engineering reliability concerns failure data analysis, the economics of maintenance policies, and system reliability. This textbook develops the use of probability and statistics in engineering reliability and maintenance problems. The author uses probability models in the analysis of failure data, decision relative to planned maintenance, and prediction relative to preliminary design.


Risk Analysis in Engineering and Economics, Second Edition

Risk Analysis in Engineering and Economics, Second Edition

Author: Bilal M. Ayyub

Publisher: CRC Press

Published: 2014-03-18

Total Pages: 642

ISBN-13: 1466518251

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Risk Analysis in Engineering and Economics is required reading for decision making under conditions of uncertainty. The author describes the fundamental concepts, techniques, and applications of the subject in a style tailored to meet the needs of students and practitioners of engineering, science, economics, and finance. Drawing on his extensive experience in uncertainty and risk modeling and analysis, the author covers everything from basic theory and key computational algorithms to data needs, sources, and collection. He emphasizes practical use of the methods presented and carefully examines the limitations, advantages, and disadvantages of each to help readers translate the discussed techniques into real-world solutions. This Second Edition: Introduces the topic of risk finance Incorporates homeland security applications throughout Offers additional material on predictive risk management Includes a wealth of new and updated end-of-chapter problems Delivers a complementary mix of theoretical background and risk methods Brings together engineering and economics on balanced terms to enable appropriate decision making Presents performance segregation and aggregation within a risk framework Contains contemporary case studies, such as protecting hurricane-prone regions and critical infrastructure Provides 320+ tables and figures, over 110 diverse examples, numerous end-of-book references, and a bibliography Unlike the classical books on reliability and risk management, Risk Analysis in Engineering and Economics, Second Edition relates underlying concepts to everyday applications, ensuring solid understanding and use of the methods of risk analysis.


Probability and Statistics for Engineering and the Sciences

Probability and Statistics for Engineering and the Sciences

Author: Jay L. Devore

Publisher:

Published: 2008-02-27

Total Pages: 752

ISBN-13: 9780495557456

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This comprehensive introduction to probability and statistics will give you the solid grounding you need no matter what your engineering specialty. Through the use of lively and realistic examples, the author helps you go beyond simply learning about statistics to actually putting the statistical methods to use. Rather than focus on rigorous mathematical development and potentially overwhelming derivations, the book emphasizes concepts, models, methodology, and applications that facilitate your understanding.


Probability And Statistical Theory For Applied Researchers

Probability And Statistical Theory For Applied Researchers

Author: Thomas Wake Epps

Publisher: World Scientific Publishing Company

Published: 2013-08-16

Total Pages: 827

ISBN-13: 9814513172

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This book presents the theory of probability and mathematical statistics at a level suitable for researchers at the frontiers of applied disciplines. Examples and exercises make essential concepts in measure theory and analysis accessible to those with preparation limited to vector calculus. Complete, detailed solutions to all the exercises demonstrate techniques of problem solving and provide immediate feedback.Part I, The Theory of Probability, starts with elementary set theory and proceeds through basic measure and probability, random variables, integration and mathematical expectation. It concludes with an extensive survey of models for distributions of random variables. Part II, The Theory of Statistics, begins with sampling theory and distribution theory for statistics from normal populations, proceeds to asymptotic (large-sample) theory, and on to point and interval estimation and tests of parametric hypotheses. The last three chapters cover tests of nonparametric hypotheses, Bayesian methods, and linear and nonlinear regression.Researchers and graduate students in applied fields such as actuarial science, biostatistics, economics, finance, mathematical psychology, and systems engineering will find this book to be a valuable learning tool and an essential reference.


Production Systems Engineering

Production Systems Engineering

Author: Jingshan Li

Publisher: Springer Science & Business Media

Published: 2008-11-13

Total Pages: 674

ISBN-13: 0387755799

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Production Systems Engineering (PSE) is an emerging branch of Engineering intended to uncover fundamental principles of production systems and utilize them for analysis, continuous improvement, and design. This volume is the first ever textbook devoted exclusively to PSE. It is intended for senior undergraduate and first year graduate students interested in manufacturing. The development is first principle-based rather than recipe-based. The only prerequisite is elementary Probability Theory; however, all necessary probability facts are reviewed in an introductory chapter. Using a system-theoretic approach, this textbook provides analytical solutions for the following problems: mathematical modeling of production systems, performance analysis, constrained improvability, bottleneck identification and elimination, lean buffer design, product quality, customer demand satisfaction, transient behavior, and system-theoretic properties. Numerous case studies are presented. In addition, the so-called PSE Toolbox, which implements the algorithms developed, is described. The volume includes numerous case studies and problems for homework assignment.