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Wat (wie) is predetermined risk - definitie

TYPE OF SYSTEM (WORK STUDY)

Predetermined time system; Time study software; Time Study Software; Predetermined Motion Time System; MODAPTS; Predetermined motion time systems; Predetermined time systems; Predetermined Time standard

Systematic risk

VULNERABILITY TO SIGNIFICANT EVENTS WHICH AFFECT AGGREGATE OUTCOMES SUCH AS BROAD MARKET RETURNS, TOTAL ECONOMY-WIDE RESOURCE HOLDINGS, OR AGGREGATE INCOME

Aggregate risk; Unsystematic risk

In finance and economics, systematic risk (in economics often called aggregate risk or undiversifiable risk) is vulnerability to events which affect aggregate outcomes such as broad market returns, total economy-wide resource holdings, or aggregate income. In many contexts, events like earthquakes, epidemics and major weather catastrophes pose aggregate risks that affect not only the distribution but also the total amount of resources.

https://en.wikipedia.org/wiki/Systematic_risk

Risk equalization

LEGAL TERM

Risk equalisation; Risk profiles

Risk equalization is a way of equalizing the risk profiles of insurance members to avoid loading premiums on the insured to some predetermined extent.

https://en.wikipedia.org/wiki/Risk_equalization

Risk aversion

PREFERENCE AGAINST RISK, A COMMON HUMAN BEHAVIOR OF ATTEMPTING TO LOWER UNCERTAINTY AND AVOID RISK

Risk Aversion; Risk-aversion; Absolute risk aversion; Arrow-Pratt measure; Coefficient of absolute risk aversion; Coefficient of relative risk aversion; Decreasing absolute risk aversion; Increasing absolute risk aversion; Constant absolute risk aversion; Increasing relative risk aversion; Decreasing relative risk aversion; Constant Relative Risk Aversion; Risk averse; CARA utility; Risk tolerance; Risk tolerant; Risk-tolerant; Risk-averse; Log utility; Risk attitude; Co-efficient of absolute risk aversion; Risk Tolerance; Relative risk aversion; Risk aversion scale; Risk aversion (Economics); Risk aversion (economics)

In economics and finance, risk aversion is the tendency of people to prefer outcomes with low uncertainty to those outcomes with high uncertainty, even if the average outcome of the latter is equal to or higher in monetary value than the more certain outcome. Risk aversion explains the inclination to agree to a situation with a more predictable, but possibly lower payoff, rather than another situation with a highly unpredictable, but possibly higher payoff.

https://en.wikipedia.org/wiki/Risk_aversion

Wikipedia

Predetermined motion time system

A predetermined motion time system (PMTS) is frequently used to perform Labor Minute Costing in order to set piece-rates, wage-rates and/or incentives in labor (labour) oriented industries by quantifying the amount of time required to perform specific tasks under defined conditions. Today the PMTS is mainly used in work measurement for shorter cycles in labour oriented industries such as apparel and footwear. This topic comes under wider industrial and production engineering.

One of such a system is known as "Work Factor" and more popular Methods-time measurement, (MTM) released in 1948 exist today in several variations and used in some commercial applications.

New legislation in developed markets following sustainability issues, Living Wage movement and the 2013 disaster in Rana Plaza, Bangladesh have brought labor costing and standards back to the focus of activists and global fashion retailers. Occupational safety and health (OSH, OHS), Ergonomics, Skills development and job satisfaction are some of the other factors influenced by Labor Standards Act (Japan).

Predetermined Motion Time Standard and Predetermined Time standards (PTS), Pre-determined Time Systems are other terms that describe same concept by different authors. Main outcome of PMTS application is quantifying labor inputs in terms of SMV (Standard Minute Value) or SAM (Stranded Allocated Minute).

https://en.wikipedia.org/wiki/Predetermined motion time system