Latest Probabilistic complexity theory Stories

2012-01-10 23:44:34

Current approaches to calculating failure probability in complex engineering structures can be inefficient and result in inconsistency, but a Wayne State University researcher is working to change that. Christopher Eamon, associate professor of civil and environmental engineering, recently received a three-year, $250,000 grant from the National Science Foundation to develop an accurate and efficient method for calculating failure probability (reliability analysis) for computationally and...

2009-11-23 06:50:00

GHENT, Belgium, Nov. 23 /PRNewswire/ -- Vose Software BVBA, developer of leading-edge risk analysis software, announces the release of ModelRisk 3.0, the most advanced and comprehensive risk analysis software available. ModelRisk 3.0 incorporates the latest technology in Monte Carlo simulation, probability modeling and optimization all in the familiar Excel environment. Vose Software BVBA is a sister company of Vose Consulting, an international firm specializing in risk analysis...

2009-11-16 16:58:00

IRVINE, Calif., Nov. 16 /PRNewswire/ -- At a time when technology is changing daily and consumers are demanding information at their fingertips Newport Controls delivers the most technologically advanced hot tub control systems available today - the Merlin Series of SmartControls. These innovative control systems are equipped with internet and email capabilities, something no other hot tub control system on the market offers. The Merlin Series is available in two models and comes in...

2008-02-29 09:01:20

Caesar Systems announced that its Petroleum Ventures & Risk (PetroVR) [R] business simulation software version 6.1 will be commercially available for the oil and gas upstream sector on leap day, Friday, February 29. "Version 6.1 of PetroVR offers a leap forward in how upstream oil and gas planning teams gain decision-making insight from probabilistic analysis," said Victor Koosh, chief executive officer. New in version 6.1, 'Monte Carlo on Scenarios' featuring Monte Carlo...

Word of the Day
  • Good cheer; viands.
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The word 'bellycheer' may come from 'belle cheer', "good cheer".