{"product_id":"9783030869885","title":"Petroleum Engineering: Making Decisions Under Uncertainties","description":"\u003ch1\u003ePetroleum Engineering: Making Decisions Under Uncertainties\u003c\/h1\u003e \u003ch2\u003eVilela, Martin J.; Oluyemi, Gbenga  F.\u003c\/h2\u003e \u003cp\u003e\u003c\/p\u003e\u003cp\u003eThis book presents a consistent methodology for making decisions under uncertain conditions, as is almost always the case. Tools such as value of information and value of flexibility are explored as a means to make more complex and nuanced decisions.\u003c\/p\u003e\u003cp\u003eThe book develops the complete formalism for assessing the value of acquiring information with two novel approaches. Firstly, it integrates the fuzzy characteristics of data, and secondly develops a methodology for assessing data acquisition actions that optimize the value of projects from a holistic perspective. The book also discusses the formalism for including flexibility in the project decision assessment. Practical examples of oil- and gas-related decision problems are included and discussed to facilitate the learning process.\u003c\/p\u003e\u003cp\u003eThis book provides valuable advice and case studies applicable to engineers, researchers, and graduate students, particularly in the oil and gas industry and pharmaceutic industry.\u003c\/p\u003e\u003cdiv\u003e\u003cbr\u003e\u003c\/div\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Springer\u003c\/p\u003e \u003cp\u003ePublication Date: 2021-10-21\u003c\/p\u003e \u003cp\u003eFormat: Hardcover\u003c\/p\u003e \u003cp\u003eISBN-13: 9783030869885\u003c\/p\u003e \u003cp\u003eDOI: 10.1007\/978-3-030-86989-2\u003c\/p\u003e \u003cp\u003eDimensions: 235cm x155cm\u003c\/p\u003e \u003cp\u003ePages: 280\u003c\/p\u003e ","brand":"Springer International Publishing","offers":[{"title":"Default Title","offer_id":45385295265932,"sku":"9783030869885","price":116.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9783030869885.jpg?v=1776774976","url":"https:\/\/fh90cf-fv.myshopify.com\/products\/9783030869885","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}