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Operational Risk Management Tool Applied To Offshore Aquaculture.

Abstract: Aquaculture managers must regularly make decisions that affect efficiency, competitiveness and economic performance. Although qualified managers can make excellent decisions, human nature potentially limits their results. To overcome this limitation when evaluating all possible strategies for maximized performance, firms can apply optimization tools. For example, a particle swarm optimization algorithm can be implemented to assist in determining strategies that maximize gross margins and minimize operational risk in both day-to-day and longer-term strategic decisions.

 Fuente: Global aquaculture advocate, september/october 2014

 Publisher: Global Aquaculture Alliance

 Year of publication: 2014

 No. of pages: 2

 Publication type: Article

 ISSN: 1540-8906