ESD.344 Real Options for Product and Systems Design
Studies the theory and practice of implementing flexibility (real options) in the design of products and systems. Topics include recognition of uncertainty, identification of best opportunities for flexibility, and valuation of these options and their effective implementation. Enables effective and efficient adaptation to future changes. Students apply the concepts by working in teams on an ongoing product development project. Final product is an advanced, dynamic business plan for design and deployment of products.
This class has no prerequisites.
ESD.344 will not be offered this semester. It will be instructed by R. de Neufville.
This class counts for a total of 6 credits. This is a graduate-level class.
In the Spring 2014 Subject Evaluations, ESD.344 was rated 5.9 out of 7.0. You can find more information at the http://www.google.com/search?&q=MIT+%2B+ESD.344&btnG=Google+Search&inurl=https site.
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