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The chain-ladder or development [1] method is a prominent [2] [3] actuarial loss reserving technique. The chain-ladder method is used in both the property and casualty [1] [4] and health insurance [5] fields. Its intent is to estimate incurred but not reported claims and project ultimate loss amounts. [5]
Hierarchy of hazard control is a system used in industry to prioritize possible interventions to minimize or eliminate exposure to hazards. [a] It is a widely accepted system promoted by numerous safety organizations.
The theory was developed further by Frank E Bird in 1966 based on the analysis of 1.7 million accident reports from almost 300 companies. He produced an amended triangle that showed a relationship of one serious injury accident to 10 minor injury (first aid only) accidents, to 30 damage causing accidents, to 600 near misses.
The Ladder from Hatch Escapes has become one of the most buzzed-about escape rooms in the country, redefining how puzzles can tell stories. This L.A. escape room explores corporate greed — and ...
ISO 7010 is an International Organization for Standardization technical standard for graphical hazard symbols on hazard and safety signs, including those indicating emergency exits.
Performing a probabilistic risk assessment starts with a set of initiating events that change the state or configuration of the system. [3] An initiating event is an event that starts a reaction, such as the way a spark (initiating event) can start a fire that could lead to other events (intermediate events) such as a tree burning down, and then finally an outcome, for example, the burnt tree ...
PSB structure (adopted from [7]). Persistent slip-bands (PSBs) are associated with strain localisation due to fatigue in metals and cracking on the same plane. Transmission electron microscopy (TEM) and three-dimensional discrete dislocation dynamics (DDD [8]) simulation were used to reveal and understand dislocations type and arrangement/patterns to relate it to the sub-surface structure.
A Bruceton analysis is one way of analyzing the sensitivity of explosives as described originally by Dixon and Mood in 1948. Also known as the "Up and Down Test" or "the staircase method", a Bruceton analysis relies upon two parameters: first stimulus and step size. A stimulus is provided to the sample, and the results noted.