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Here Baye's theorem and Bayesian decision theory is suggested as a tool for quantifying certainties and to implement costs for false positives (false alarms) and false negatives (undetected leaks) in the decision procedure.
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These private facilities, having complete control over pricing their services, have little incentive to implement cost-effective strategies.
Accordingly, there is a need to implement cost-effective strategies for reducing noise levels.
"They have a core team of guys who go in there and work day and night to implement cost-cutting measures, market reorientation, marketing changes, efficiency ideas.
Pearson, which has been particularly badly hit by the downturn in business advertising, has said it will implement "cost management" across its business newspapers.
Smith said the world-first program was easy to implement, cost-effective and "allows us to contact hard-to-reach populations to address health disparities".
There is a need to evaluate and implement cost-effective strategies to improve adherence to treatments in coronary heart disease.
The need for industry is therefore to implement cost savings measures immediately, in order to remain competitive.
The aim of this study was to implement cost-effective skills laboratories and analyze online versus manufacturers' prices to evaluate for savings.
Jack Dorsey, who is days into his tenure as the permanent chief executive of Twitter, is planning to implement cost-cutting procedures including layoffs, sources familiar with the plans told the New York Times.
David Autor of the Massachusetts Institute of Technology has studied the United States federal disability-insurance program and finds that it "provides no incentive to employers to implement cost-effective accommodations that would enable disabled employees to remain on the job".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com