1.

Record Nr.

UNINA9910455086803321

Titolo

Real options in engineering design, operations, and management / / edited by Harriet Black Nembhard, Mehmet Aktan

Pubbl/distr/stampa

Boca Raton : , : CRC Press, , 2010

ISBN

0-429-14181-5

1-282-31211-1

1-4200-7170-X

9786612312113

Descrizione fisica

1 online resource (258 p.)

Altri autori (Persone)

NembhardHarriet Black

AktanMehmet

Disciplina

620

620.0042

620/.0042

Soggetti

Engineering design - Management

Operations research

Real options (Finance)

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Front cover; Contents; Preface; Editors; Contributors; Chapter 1. Introduction; Chapter 2. Real Options in Practice; Chapter 3. Origins of Real Options in Engineering; Chapter 4. Real Options in Manufacturing Operations; Chapter 5. Real Options Valuation for Quality Improvement; Chapter 6. Real Options in Outsourcing; Chapter 7. Barriers to Real Options Adoption and Use in Architecture, Engineering, and Construction Project Management Practice; Chapter 8. Identifying Real Options to Improve the Design of Engineering Systems

Chapter 9. Real Options in Underground Mining Systems Planning and DesignChapter 10. Real Options in Engineering Systems Design; Chapter 11. Real Options Model for Workforce Cross-Training; Chapter 12. Real Options Design for Sustainable Product Quality Management; Chapter 13. Real Options in Nanotechnology R&D; Chapter 14. Real Options-Based Analysis in Pharmaceutical Partnerships for Research



and Development; Chapter 15. Hands-On Applications: Real Option Super Lattice Solver Software; Index; Back cover

Sommario/riassunto

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 the new state-of-the-art technique for valuation and management of strategic investments, enabling corporate decision-makers to leverage uncertainty and limit downside risk. Real Options in Engineering Design, Operations, and M