This research is aimed at addressing problems in the field of asset management relating to risk analysis and decision making based on data from a Supervisory Control and Data Acquisition (SCADA) system. It is apparent that determining risk likelihood in risk analysis is difficult, especially...

Purpose: the aim of this paper is to minimize the risks of new product development and shorten time-to-market, particularly for high-tech enterprise where the complexity of the product generate vast amount of failure mode. Design/methodology/approach: first, the concept of Critical Consideration...

This paper examines the implementation of risk management within a supply chain. Using FMEA (Failure Mode and Effect Analysis) methodology as the risk management framework, this research investigates the overall supply chain network in the firm, identifies the inherent risks along its supply...

New product development (NPD) has typically had strategic implications for the success and prosperity of an organization. This paper applied refined failure mode and effect analysis and genetic algorithm techniques to develop and establish an integrated risk analysis model for improving...

Purpose: the aim of this paper is to minimize the risks of new product development and shorten time-to-market, particularly for high-tech enterprise where the complexity of the product generate vast amount of failure mode. Design/methodology/approach: first, the concept of Critical Consideration...