MIT Subject Listing & Schedule
Fall 2018 Search Results

Searched for: "1.146"    Subjects offered any term

1 subject found.

1.146 Engineering Systems Analysis for Design

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Engineering School-Wide Elective Subject.
(Offered under: 1.146, 16.861, IDS.332)
Prereq: Permission of instructor
Units: 3-0-9
Credit cannot also be received for IDS.333
http://msl1.mit.edu/mib/dsp/curricula.mit.edu/~dsplan/
Lecture: TR10.30-12 (ENDS OCT 19) (1-390) Lab: TR10.30-12 (BEGINS OCT 22) (1-390)

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 IDS.333 first half of term. Enrollment limited.
R. de Neufville
Textbooks (Fall 2018)