Multiobjective Decision Analysis with Probability Management for Systems Engineering Trade-off Analysis

Alex D. MacCalman, Gregory S. Parnell · 2016

Most of the systems engineering trade-off analysis literature use multi-criteria decision analysis. Surprisingly, many of the published studies have not modeled uncertainty. This paper uses an influence diagram to model the systems engineering trade-off analysis. The model is analyzed with Monte Carlo simulation. The paper compares the advantages and disadvantages of Monte Carlo propriety software and freeware provided by Probability Management.

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