Probabilistic And Decision Tree Approach Cuts 20% Off Cost Of New Plant Construction
A forecast is offered in a state of uncertainty. Forecasts should deploy both objective and subjective methods to deal with an uncertain environment. Forecasting should complement planning and decision making.
From Issue:
Spring 1982
(Spring 1982)
IBF Journal Article by Michael M. Menke and Jacques P. Pezier, originally published in Spring 1982

Probabilistic And Decision Tree Approach Cuts 20% Off Cost Of New Plant Construction