All Posts Tagged With: "Decision"
When in doubt, develop the situation
Planning for an uncertain future is a hard task, but preparing for it by adapting to the uncertainties and risk uncovered is well within our abilities.
2009 © | S@R | 0 comments | Continued
Valuation as a strategic tool
Valuation is something usually done only when selling or buying a company. However it is a versatile tool in assessing issues as risk and strategies both in operations and finance.
2009 © | S@R | 0 comments | Continued
Fish farming
When we in 2002 were asked to look into the risk of Cod fish farming, we had to start with the basics; how do cod feed and grow at different locations and what is the mortality at the same locations.
2009 © | S@R | 0 comments | Continued
The Probability of Gain and Loss
Every item written into a firm’s profit and loss account and its balance sheet is a stochastic variable with a probability distribution derived from probability distributions for each factor of production.
2009 © | S@R | 0 comments | Continued
