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Каталог авто компании Abendroth Root production corporation за 1909 год.

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International Journal of Production Research, 38(5), 1201–1218. McAuley, J. 1972. Machine grouping for efficient production. The Production Engineer, 51, 53–57. McCormick, E. , Jenneret, P. , and Mecham, R. C. 1972. A study of job characteristics and job dimensions as based on the Position Analysis Questionnaire (PAQ). Journal of Applied Psychology, 79, 262–268. Seifoddini, H. 1989. Duplication process in machine cells formation in group technology. IIE Transactions, 21(4), 382–388. , and Wei, J.

In summary, in situations with conflicting alternatives, the most rational strategy is the one that promises to minimize the maximum possible losses. 2 The minimin (or maximax) principle The minimin (or maximax) principle is based on the view that the best possible outcome will occur. The alternative that minimizes the minimum cost or maximizes the maximum profit is selected. The background of the minimin (or maximax) principle can be summarized as follows: • Pontryagin’s maximum (or minimum) principle is used in optimal control theory to find the best possible control for taking a dynamical system from one state to another, especially in the presence of constraints for the state or input controls.

The concept of cost-­effective design has suddenly reached new heights and now affects almost everyone in the world. There are four components in a decision matrix (Kleinfeld, 1993): • • • • Decisions or actions States of nature Probabilities of the states of nature Payoffs Risk visualization has the potential to reduce the seemingly irrational behavior of decision makers. A model of decision making under risk enhances our understanding of visualization, which can be used to support risk based decision making.

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