Thursday, April 03, 2008

math algorithms

IBM announced that its scientists have created specialised math algorithms to help model and manage natural disasters like wildlife, floods, diseases.The models can be explored to manage floods or famines in India or natural disasters anywhere in the world. A fully developed customised and implemented model can significantly help the approach for disaster risk reduction and management.In case of flooding the stochastic model would use various flood scenarios, resource suply capabiites at different dispatch locations and fixed and variable costs assocaited various risk measures

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