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ESD.71 / 1.146 / 3.56 / 16.861 Engineering Systems Analysis for Design

        

ESD.71 / 1.146 / 3.56 / 16.861 Engineering Systems Analysis for Design

Logo for ESD.71 / 1.146 / 3.56 / 16.861 Engineering Systems Analysis for Design
Engineering systems design must have the flexibility to take advantage of new opportunities while avoiding disasters. This subject develops "real options" analysis to create design flexibility and measure its value so that it can be incorporated into system optimization. It builds on essential concepts of system models, decision analysis, and financial concepts. Emphasis is placed on calculating value of real options with special attention given to efficient analysis and practical applications.... More
Material Type: Online Course
Date Added to MERLOT: August 10, 2012
Date Modified in MERLOT: August 10, 2012
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Language: English
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Creative Commons: Creative Commons License
This work is licensed under a Attribution-NonCommercial-ShareAlike 3.0 United States

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