METHOD OF SELECTING AN OPTIMUM MIX OF RESOURCES TO MAXIMIZE AN OUTCOME WHILE MINIMIZING RISK

A method of selecting the optimum mix of resources for achieving an outcome while minimizing risk is presented. In one embodiment, the method is applied to selecting the optimum mix of manufacturing technologies and amount of use of each technology for fabricating a helicopter fuselage structure in order to minimize the recurring cost and keep the risk below a pre-selected value. The method involves selecting a plurality of resources which can be used to achieve the desired outcome. Determining an associated outcome for each resource. Establishing at least one target risk level for the desired outcome. Calculating an associated outcome and risk for a plurality of combinations of the resources at a plurality of percentage applications of each resource. Then determining an optimum mix of resources and percentage of application of each resource which maximizes the outcome while maintaining the risk below the at least one target risk level. The method can also be tailored to provide resource mixes which achieve a desired outcome over time.