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Application Of Risk Analysis In Investment Decision Making For New Products, Chul Paik
Application Of Risk Analysis In Investment Decision Making For New Products, Chul Paik
Masters Theses
This study presents the development of a quantitative model to deal with the decision to invest or not invest in the development and production of a new product. It is most applicable to new products which present a high probability of economic failure. The model employs only simple mathematics and statistics, so the decision maker can easily understand the model.
The model uses as input data three variables. These include: (1) the risk of product failure, (2) the maximum loss a company can afford in an investment, and (3) the estimated project cost. These three variables combined furnish as output …
An Ergonomic Training Program For Manual Handling Tasks, Akhilesh Agrawal
An Ergonomic Training Program For Manual Handling Tasks, Akhilesh Agrawal
Masters Theses
The objective of this study was to test whether or not muscular endurance of individuals engaged in industrial manual handling tasks can be improved through a short and intensive training program. This investigation also involved the study of the effect of muscular endurance training program on muscular strength.
The study revealed that, over a six-week period, the muscular endurance can be improved significantly. After sixteen sessions of training, the endurance time increased over 500% for manual materials handling tasks and over 1200% for upper extremity manual handling tasks. The endurance training program, however, did not increase both static and dynamic …