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Title: The Use Of Decision Analysis And Risk Management To Optimize Expenditures
Author: Daniel R. Baker
Source: American Gas Association 1996
Year Published: 1996
Abstract: This paper will describe the various decision analysis programs used by Consumers Power Company (CPCo) to optimize capital expenditures. Implementation of these programs has allowed CPCo to allocate capital resources in a more cost effective manner, resulting in improved public safety and customer service, and increased shareholder value by avoiding unnecessary costs.

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