2. Working Papers: Recent submissions

Now showing items 199-201 of 209

    • Valuing the flexibility of flexible manufacturing systems 

      Kulatilaka, Nalin (MIT Energy Lab, 1988)
      This paper studies a topical issue: Flexible Manufacturing System (FMS) justification. We contend that current evaluation methods fall short of capturing a key advantage of an FMS: the value of flexibility. We identify ...

    • Interdependencies between operating options 

      Kulatilaka, Nalin (MIT Energy Lab, 1988)
      This paper presents a computationally feasible technique to value operating flexibilities in making capital budgeting decisions. We investigate how the value of a project is affected by the simultaneous introduction ...

    • Finding and developing costs in the USA 1945-1985 

      Adelman, Morris Albert (MIT Energy Lab, 1988)
      Development cost is defined as the ratio of development expenditures in a given year to reserves added in that year. Changes in development cost are a good proxy for changes in finding cost and in user cost, because ...