ESD.71 Engineering Systems Analysis for Design
Covers theory and methods to identify, value, and implement flexibility in design, also known as "real options." Topics include definition of uncertainties, simulation of performance for scenarios, screening models to identify desirable flexibility, decision and lattice analysis, and multidimensional economic evaluation. Students demonstrate proficiency through an extended application to a systems design of their choice. Provides a complement to research or thesis projects. Meets with ESD.710 first half of term.
This class has 1.145 as a prerequisite.
ESD.71 will not be offered this semester. It will be instructed by R. de Neufville.
This class counts for a total of 12 credits. This is a graduate-level class.
In the Fall 2013 Subject Evaluations, ESD.71 was rated 6.1 out of 7.0. You can find more information at the http://www.google.com/search?&q=MIT+%2B+ESD.71&btnG=Google+Search&inurl=https site.
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