EVALUATION OF ARCHITECTURE OPTIONS IN SYSTEMS ENGINEERING
DS 70: Proceedings of DESIGN 2012, the 12th International Design Conference, Dubrovnik, Croatia
Year: 2012
Editor: Marjanovic Dorian, Storga Mario, Pavkovic Neven, Bojcetic Nenad
Author: Schrieverhoff, P.; Bender, T.; Kissel ,M.; Lindemann ,U.
Section: Systems engineering and design
Page(s): 1791-1802
Abstract
All systems and products are designed to fulfil the needs of their stakeholders. Those needs evolve over time, though, and thus products that can be adapted to altered demands and boundary conditions most flexibly will have an increased life cycle value t
Keywords: option theory, black-scholes equation, real options, value estimation, system architecture