IE 419 - Case Study 3 .docx

Figure 1 shows the fault-tree diagram, and Table 1 shows the assigned probabilities of each event, as well as the probability that the oil spill could have happened. Table 2 shows the base criticality of the oil spill, which was $396.2 million. Both the fault tree diagram and the cost/benefit analysis can be seen in the appendix. ................
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