Title :
Study on risk evaluation of advanced manufacturing technology based on entropy
Author :
Yuzhong, Zhao ; Yehua, Chen
Author_Institution :
Econ. & Manage. Sch., Yanshan Univ., Qinhuangdao, China
Abstract :
This paper constructs the risk assessment index system of the advanced manufacturing technology based on three dimensions of its strategic adaption, the risk level and the efficiency consideration. It further analyzes the technical realization, the Risk Guarantees and the Maximum Profits Risk of the advanced manufacturing technology with the application of the entropy measurement methods and the calculating formulas of the risk assessment is given to help enterprises to carry out the risk assessment of the advanced manufacturing technology.
Keywords :
manufacturing industries; manufacturing systems; risk management; advanced manufacturing technology; entropy measurement method; maximum profits risk; risk assessment index system; risk evaluation; risk guarantee; Biological system modeling; Entropy; Gaussian distribution; Indexes; Investments; Manufacturing; Risk management; advanced manufacturing technology; entropy; risk assessment;
Conference_Titel :
Management Science and Industrial Engineering (MSIE), 2011 International Conference on
Conference_Location :
Harbin
Print_ISBN :
978-1-4244-8383-9
DOI :
10.1109/MSIE.2011.5707712
