Advanced quality systems : probabilistic optimization for profit (Prob.O.Prof) software

@inproceedings{Smith2009AdvancedQS,
  title={Advanced quality systems : probabilistic optimization for profit (Prob.O.Prof) software},
  author={Kevin L. Smith and Shreenath Rao and Sofia Margarita Vidalis and Michael I. Darter},
  year={2009}
}
Contractors constantly have to make decisions regarding how to maximize profit and minimize risk on paving projects. With more and more States adopting incentive/disincentive pay adjustment provisions for quality, as measured by various acceptance quality characteristics (AQCs), a contractor likely has to evaluate several options before selecting an optimum target quality that accomplishes this goal. The greater the number of AQCs, the more complex the assessment the contractor is required to… CONTINUE READING

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