Bibliographic Details
| Title: |
Safer Skies over Spain. |
| Authors: |
Elvira, Verónica (AUTHOR), Bernal, Francisco (AUTHOR), Hernandez-Coronado, Pablo (AUTHOR), Herraiz, Esperanza (AUTHOR), Alfaro, Cesar (AUTHOR), Gomez, Javier (AUTHOR), Rios Insua, David (AUTHOR) |
| Source: |
INFORMS Journal on Applied Analytics. Jan/Feb2020, Vol. 50 Issue 1, p21-36. 16p. |
| Subjects: |
Aeronautical safety measures, Decision support systems, Decision making, Risk assessment |
| Geographic Terms: |
Spain |
| Abstract: |
Agencia Estatal de Seguridad Aerea, the Spanish aviation safety and security agency, applied an innovative risk analysis methodology and decision support system, developed in partnership with the Spanish Royal Academy of Sciences, to improve Spain's national aviation safety. The agency uses several analytics methods to forecast the likelihood and impact of various types of safety occurrences, thus enabling management to focus attention and resources where they will be most effective. Agencia Estatal de Seguridad Aerea, the Spanish aviation safety and security agency, applied an innovative risk-analysis methodology and decision support system, developed in partnership with the Spanish Royal Academy of Sciences, to improve Spain's national aviation safety. The agency uses several analytics methods to forecast the likelihood and impact of various types of safety occurrences. This enables management to focus attention and resources where they will be most effective. For example, a nonlinear optimization model allocates inspection resources. The result has been a major improvement in aviation safety, which led to reductions in aircraft repairs, maintenance, delays, and expenses. The agency estimated annual savings to be about 800 million euros in equivalent safety costs. [ABSTRACT FROM AUTHOR] |
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Copyright of INFORMS Journal on Applied Analytics is the property of INFORMS: Institute for Operations Research & the Management Sciences and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) |
| Database: |
Psychology and Behavioral Sciences Collection |
