Flexibility and Real Options in Engineering Systems Design

  • Cardin M
  • Mijic A
  • Whyte J
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Abstract

Designing engineering systems for flexibility is of utmost importance for future generations of systems designers and operators. As a core system property, flexibility provides systems owners and operators with the ability to respond easily and cost-effectively to...

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Cardin, M.-A., Mijic, A., & Whyte, J. (2021). Flexibility and Real Options in Engineering Systems Design. In Handbook of Engineering Systems Design (pp. 1–29). Springer International Publishing. https://doi.org/10.1007/978-3-030-46054-9_35-1

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