Real Options in Engineering Design, Operations, and Management
Author | : Harriet Black Nembhard |
Publisher | : CRC Press |
Total Pages | : 258 |
Release | : 2009-10-27 |
ISBN-13 | : 9781420071702 |
ISBN-10 | : 142007170X |
Rating | : 4/5 (0X Downloads) |
Book Synopsis Real Options in Engineering Design, Operations, and Management by : Harriet Black Nembhard
Download or read book Real Options in Engineering Design, Operations, and Management written by Harriet Black Nembhard and published by CRC Press. This book was released on 2009-10-27 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: Given that engineering flexibility can potentially provide a competitive advantage, the question then becomes: Precisely how valuable is this flexibility? However, traditional methods often fail to accurately capture the economic value of investments in an environment of widespread uncertainty and rapid change. The real options method represents th