Engineering Options
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Real Options in Engineering Design, Operations, and Management
Author | : Harriet Black Nembhard |
Publisher | : CRC Press |
Total Pages | : 258 |
Release | : 2009-10-27 |
Genre | : Business & Economics |
ISBN | : 142007170X |
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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
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