2007 Graduate Catalog and 2006 Annual R & D Report - Sirindhorn ...

2007 Graduate Catalog and 2006 Annual R & D Report
Sirindhorn International Institute of Technology (SIIT)
Dr. Veeris Ammarapala
Lecturer
B.Eng. in Industrial Engineering, Sirindhorn International Institute of Technology, Thammasat University,
Thailand
M.Sc. in Operations Research, Columbia University, USA
Ph.D. in Industrial and Systems Engineering, Rutgers University, The State University of New Jersey, USA
Areas of Specialization: Decision Support Systems; Risk Management, Economic Analysis.
Research Interests:
Decision Support Systems
Decision Support Systems (DSS) are a specific class
of computerized information system that supports
business and organizational decision-making
activities. A properly designed DSS is an interactive
software-based system intended to help decision
makers compile useful information from raw data,
documents, personal knowledge, and/or business
models to identify and solve problems and make
decisions.
Risk Management
Risk is the net negative impact of the exercise of
vulnerability, considering both the probability and the
impact of occurrence. Risk management is the
process of identifying risk, assessing risk, and taking
steps to reduce risk to an acceptable level.
It is critical for any organization to establish a
foundation for the development of an effective risk
management program, containing both the definitions
and the practical guidance necessary for assessing
and mitigating risks identified within the organization.
The ultimate goal is to help organizations to better
manage mission-related risks.
Economic Analysis
Economics is a social science that typically studies
the production, distribution, and consumption of
goods and services. Economic logic is increasingly
applied to any problem determining economic value
(such as politics, religion, psychology, history and
engineering).
Economic analysis is a systematic approach to a
given program, designed to assist the management in
solving a problem of choice. The full problem is
investigated. Objectives and alternatives are
searched out and compared in light of their benefits
and costs through the use of an appropriate analytical
framework.
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