OPTIMAL LOSS METHOD.
Keywords:
optimal loss, loss function, decision theory, probability model, cost effectiveness, management strategy, statistical estimation, minimization method.Abstract
This article discusses the theoretical foundations and practical application of the optimal loss method. The essence of the method is that it implies decision-making aimed at minimizing losses while managing the activity of an object
or system. The article analyzes the optimal loss criteria, the methods of their calculation and their application to real economic and technical questions. It also outlines strategies for determining optimal losses based on statistical and probability methods. The results of the study serve to increase the effectiveness of the optimal loss method and improve decision-making processes.
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