2016
DOI: 10.11648/j.ijmea.20160403.11
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Application of Markov Theoretical Model in Predicting Risk Severity and Exposure Levels of Workers in the Oil and Gas Sector

Abstract: In this research, Markov theoretical approach (MTA) was used to forecast the severity of risk workers were exposed to in the oil and gas industry and to determine the average period of time it would take workers to get exposed to menace of less severity and the possibility of transiting to a state where risk is high. The perils were classified into four states which include: catastrophic, critical, marginal and negligible. A solution procedure for addressing industrial hazards was developed from Markov. Fifty … Show more

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