2026-09-20T11:13:30Zhttps://dspace.mit.edu/server/oai/requestoai:dspace.mit.edu:1721.1/334222022-01-13T07:54:39Zcom_1721.1_7582com_1721.1_7581col_1721.1_131023
Clifford A. Whitcomb.
Gregor, Jeffrey Allen
Massachusetts Institute of Technology. Dept. of Ocean Engineering.
Massachusetts Institute of Technology. Department of Ocean Engineering
n-us-ma
2006-07-13T15:23:06Z
2006-07-13T15:23:06Z
2003
2003
http://hdl.handle.net/1721.1/33422
62866147
Thesis (S.M.)--Massachusetts Institute of Technology, Dept. of Ocean Engineering, September 2003.
Includes bibliographical references (leaves 97-101).
The United States Navy is facing a need for a novel surface combatant capability. This new system of ships must be deigned to meet the uncertainty associated with constantly changing required mission capabilities, threats, and technological advances. Flexibility in design and management will enable these systems to maximize their performance under changing conditions. Real options involve the 'right but not the obligation' to take a course of action. Real options embody the flexibility that allows projects to be continually reshaped, as uncertainty becomes resolved. This thesis seeks to identify and analyze the real options available for the design and acquisition of naval ships. This thesis also seeks to determine the value of these options and determine the best types and amount of flexibility to design into naval systems in order to maximize the value of the system over time under uncertain conditions.
by Jeffrey Allen Gregor.
S.M.
101 leaves
5068097 bytes
5072276 bytes
application/pdf
application/pdf
eng
Massachusetts Institute of Technology
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http://dspace.mit.edu/handle/1721.1/7582
Ocean Engineering.
Warships United States Design and construction
Warships Purchasing United States
Marine engineering United States
Naval architecture United States
Shipbuilding United States
Real options for naval ship design and acquisition : a method for valuing flexibility under uncertainty
Thesis
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