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Valuation of expansion flexibility in flexible manufacturing system investments using sequential exchange options.
E. Ertugrul Karsak
C. Okan Özogul
Published in:
Int. J. Syst. Sci. (2005)
Keyphrases
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flexible manufacturing systems
real option
option pricing
manufacturing systems
dynamic scheduling
real time control
information technology
decision making
knowledge base
evolutionary algorithm
information exchange
expert systems
artificial neural networks
tabu search
life cycle
return on investment