This content is not included in
your SAE MOBILUS subscription, or you are not logged in.
Improvement Project Contingency Planning
Annotation ability available
Sector:
Language:
English
Abstract
The framework for environmentally conscious manufacturing in industry is the life cycle assessment structure developed by the Society of Environmental Toxicology and Chemistry and incorporated into ISO 14000 Environmental Management Systems. Plant managers subject to this standard have the responsibility for environmental improvement projects. Often, applying these projects creates significant risks, particularly if the project is unsuccessful or requires a new technology that has not been widely applied. Plant managers are inherently risk adverse. Thus plant managers need to know not only how a project will succeed but also what could happen if the project fails or results in a state different than intended. Based on that knowledge, plants managers prepare contingency plans. This paper illustrates a method by which the optimum plan and all possible contingency plans can be selected based upon minimizing project cost while maximizing project success to arrive at an improvement goal.
Authors
Citation
Olson, W., "Improvement Project Contingency Planning," SAE Technical Paper 982198, 1998, https://doi.org/10.4271/982198.Also In
References
- Milacic D. Gowaikar H. Olson W.W. Sutherland J.W. “A proposed LCA Model of Environmental Effects with Markovian Decision Making,” SAE Paper 971174 Proc. of the 1997 Total Life Cycle Conference Auburn Hills April 1997 111 118
- Hillier F. Lieberman G. Introduction to Operations Research 6th McGraw Hill 1995 424ff
- Winston W. L. Operations Research 2nd PWS-Kent 1991 945ff
- Putterman M. L. Markov Decision Processes John Wiley and Sons 1994