MIT IDS.333 Risk and Decision Analysis, Fall 2021 Unit 11: De-Salt and LNG Cases, Video 1: De-Salt Plant Australia
Unit 11: De-Salt and LNG Cases, Video 1: De-Salt Plant Australia Transcript and Lesson Notes
MIT IDS.333 Risk and Decision Analysis, Fall 2021 Instructor: Richard de Neufville View the complete course: https://ocw.mit.edu/courses/ids-333-risk-and-decision-analysis-fall-2021/ YouTube Playlist: https://www.youtube
Quick Summary
MIT IDS.333 Risk and Decision Analysis, Fall 2021 Instructor: Richard de Neufville View the complete course: https://ocw.mit.edu/courses/ids-333-risk-and-decision-analysis-fall-2021/ YouTube Playlist: https://www.youtube
Key Takeaways
- Review the core idea: MIT IDS.333 Risk and Decision Analysis, Fall 2021 Instructor: Richard de Neufville View the complete course: https://ocw.mit.edu/courses/ids-333-risk-and-decision-analysis-fall-2021/ YouTube Playlist: https://www.youtube
- Understand how case study fits into Unit 11: De-Salt and LNG Cases, Video 1: De-Salt Plant Australia.
- Understand how de-salt plant fits into Unit 11: De-Salt and LNG Cases, Video 1: De-Salt Plant Australia.
- Understand how dubbedwithaloud fits into Unit 11: De-Salt and LNG Cases, Video 1: De-Salt Plant Australia.
- Understand how economies of scale fits into Unit 11: De-Salt and LNG Cases, Video 1: De-Salt Plant Australia.
Key Concepts
Full Transcript
MIT IDS.333 Risk and Decision Analysis, Fall 2021 Instructor: Richard de Neufville View the complete course: https://ocw.mit.edu/courses/ids-333-risk-and-decision-analysis-fall-2021/ YouTube Playlist: https://www.youtube.com/playlist?list=PLUl4u3cNGP62jwhTqp8_1kwrkDkxZhpQC This case illustrates the potential poor performance of large investments in the face of uncertainty. Potential economies of scale missed and risk of 'white elephant' projects. This video has been dubbed using an artificial voice via https://aloud.area120.google.com to increase accessibility. You can change the audio track language in the Settings menu. License: Creative Commons BY-NC-SA More information at https://ocw.mit.edu/terms More courses at https://ocw.mit.edu Support OCW at http://ow.ly/a1If50zVRlQ We encourage constructive comments and discussion on OCW’s YouTube and other social media channels. Personal attacks, hate speech, trolling, and inappropriate comments are not allowed and may be removed. More details at https://ocw.mit.edu/comments.
Lesson FAQs
What is Unit 11: De-Salt and LNG Cases, Video 1: De-Salt Plant Australia about?
MIT IDS.333 Risk and Decision Analysis, Fall 2021 Instructor: Richard de Neufville View the complete course: https://ocw.mit.edu/courses/ids-333-risk-and-decision-analysis-fall-2021/ YouTube Playlist: https://www.youtube
What key concepts are covered in this lesson?
The lesson covers case study, de-salt plant, dubbedwithaloud, economies of scale, ids-333-risk-and-decision-analysis-fall-2021.
What should I learn before Unit 11: De-Salt and LNG Cases, Video 1: De-Salt Plant Australia?
Review the previous lessons in MIT IDS.333 Risk and Decision Analysis, Fall 2021, then use the transcript and key concepts on this page to fill any gaps.
How can I practice after this lesson?
Practice by applying the main concepts: case study, de-salt plant, dubbedwithaloud, economies of scale.
Does this lesson include a transcript?
Yes. The full transcript is visible on this page in indexable HTML sections.
Is this lesson free?
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