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Erschienen in:
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2014 | OriginalPaper | Buchkapitel

A Study for Correlate Impact of Risks in Large-Scale Equipment Tests Based on Structural Equation Modeling (SEM)

verfasst von : Chen Li, Fa-jie Wei

Erschienen in: Proceedings of 2013 4th International Asia Conference on Industrial Engineering and Management Innovation (IEMI2013)

Verlag: Springer Berlin Heidelberg

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Abstract

The hi-tech feature of large-scale equipment leads to the high probability and great impact of risks during equipment tests. In practical risk management, the risk events are usually dealt with as independent events. However, the risk events of different types are very likely to have correlate impacts, which will change the whole picture of risks in the test. In this article, the author introduces the concept of Structural Equation Modeling (SEM) to construct the correlate impact model of different types of risk events, and quantify the degree of influence of different types of risks by way of parameter estimation, so as to provide the basis for decision-making in risk response programs.

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Vorheriges Kapitel The Multilevel and Multiskill Labor Staffing and Scheduling Model for Data Entry Companies
Nächstes Kapitel Research on Construction Risk of Real Estate Based on Factorial Analysis
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Metadaten
Titel
A Study for Correlate Impact of Risks in Large-Scale Equipment Tests Based on Structural Equation Modeling (SEM)
verfasst von
Chen Li
Fa-jie Wei
Copyright-Jahr
2014
Verlag
Springer Berlin Heidelberg
Buch
Proceedings of 2013 4th International Asia Conference on Industrial Engineering and Management Innovation (IEMI2013)

Print ISBN: 978-3-642-40059-9

Electronic ISBN: 978-3-642-40060-5

Copyright-Jahr: 2014

DOI
https://doi.org/10.1007/978-3-642-40060-5_75