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IMO defines risk as ‘The mix with the frequency along with the severity on the consequence’ (MSC Circ 1023/MEPC Circ 392). Below the frequency is ‘the amount of occurrences for every device time (e.g. each year)’ and consequence is ‘the result of an accident’.Triangular: The person defines the minimum amoun
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Monte Carlo simulation performs risk Evaluation by building versions of feasible results by substituting A selection of values - a probability distribution - for just about any issue which includes uncertainty.You signed in with One more tab or window. Reload to refresh your session. You signed out in One more tab or window. Reload to refresh your
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