Search results
Results From The WOW.Com Content Network
Safety integrity level. In functional safety, safety integrity level ( SIL) is defined as the relative level of risk-reduction provided by a safety instrumented function (SIF), i.e. the measurement of the performance required of the SIF. [1]
Needs assessment. A needs assessment is a systematic process for determining and addressing needs, or "gaps", between current conditions and desired conditions or "wants". [1] Needs assessment is part of planning. It can be used to clarify problems and identify appropriate solutions. [2] Needs assessments require sufficient data. [3]
Demand forecasting is the prediction of the quantity of goods and services that will be demanded by consumers at a future point in time. [1] More specifically, the methods of demand forecasting entail using predictive analytics to estimate customer demand in consideration of key economic conditions. This is an important tool in optimizing ...
In economics, hedonic regression, also sometimes called hedonic demand theory, is a revealed preference method for estimating demand or value. It decomposes the item being researched into its constituent characteristics, and obtains estimates of the contributory value for each. This requires that the composite good (the item being researched ...
Functional assessment is the process of gathering information about the antecedent stimuli and consequences functional to the problem behavior. It attempts to provide an explanation to why the problem behavior may be occurring. The information about the antecedent stimuli may include the time and place, the presence of others and the frequency.
Techno-economic assessment or techno-economic analysis (abbreviated TEA) is a method of analyzing the economic performance of an industrial process, product, or service. It typically uses software modeling to estimate capital cost, operating cost, and revenue based on technical and financial input parameters. [1]
The job demands-resources model ( JD-R model) is an occupational stress model that suggests strain is a response to imbalance between demands on the individual and the resources he or she has to deal with those demands. [1] [2] The JD-R was introduced as an alternative to other models of employee well-being, such as the demand-control model and ...
en.wikipedia.org