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Keywords: profit matrix
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Proceedings Papers
Publisher: Petroleum Society of Canada
Paper presented at the Canadian International Petroleum Conference, June 13–15, 2006
Paper Number: PETSOC-2006-201
... 3 . These predictions were done in two forms. The first form predicted the actual normalized volume of production. node profit matrix upstream oil & gas selection prediction logistic regression target variable regression threshold value lift curve probability classification...
Proceedings Papers
Publisher: Petroleum Society of Canada
Paper presented at the Canadian International Petroleum Conference, June 11–13, 2002
Paper Number: PETSOC-2002-028
... in this study were optimized to maximize profit based on a constant cost and expected profits associated with each decision. This required defining Profit matrix and Constant Cost Matrix . The first was a 2*2 matrix that represented the expected profit (see Table 1) based on actual and predicted outcomes (1...