Application of the Real Options in Engineering Design and Decision Making: Focus on Mine Design and Planning at Operational Level
MetadataShow full item record
Flexibility and adaptability are essential for long-term corporate success, and real options (RO) is the preferred tool for analysis. This research argues that uncertainty is a source of value as the opportunities that it presents can be leveraged by having a flexible system. As a contribution to knowledge, a relationship between the beta and flexibility index was derived, RO identification framework for mine operational decision-making was proposed and predictive data analytics was utilised to create managerial flexibility.
Showing items related by title, author, creator and subject.
Procurement dimensions in the Australian manufacturing sector: flexibility issues in a supply chain perspectiveJeeva, Ananda Singgaram (2004)The manufacturing sector is a highly dynamic environment subject to continuous change and environmental uncertainty as parts, components and materials are procured and sourced globally. To be competitive, manufacturers ...
Professional development in HIV prevention education for teachers using flexible learning and tutor supportJackson, Glenda Joy (2004)HIV prevention programs in schools are acknowledged as one of the best prospects for controlling the world HIV epidemic. Epidemiological evidence indicates that deaths world-wide from AIDS are yet to peak. Although HIV ...
Broome, K.; Worrall, L.; Fleming, J.; Boldy, Duncan (2012)Background: A long distance to the bus stop, poor pedestrian accessibility and inadequate shelters are barriers to bus use for older people. Flexible route bus transport poses an opportunity to overcome these barriers. ...