This paper presents a model of optimization under uncertainty combining system simulation with GA-based optimization to resolve the expansion problem. An ...
Simulation–optimization mechanism for expansion strategy using real option theory. Yuan, F. Expert Systems with Applications 36(1): 829-837. ISSN: 0957-4174 ...
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What is simulation in optimization techniques?
In this work, we develop both a numerical model and a model based on Monte Carlo simulation utilizing real options, to provide a methodology for optimizing a ...
This paper introduces a simulation-optimization approach to valu- ing real investment options based on a model containing several decision variables and ...
Missing: mechanism theory.
Using real options value (ROV) analysis, managers can estimate the opportunity cost of continuing or abandoning a project and make better decisions accordingly.
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This study presents a new approach to solve multi-response simulation optimization problems. This approach integrates a simulation model with a genetic ...
It was possible to infer that the real option of postponing an expansion project generates an additional value, due to the benefit of opening before schedule, ...
Mar 14, 2016 · Research summary: This article provides a review of real options theory (ROT) in strategic management research. We review the fundamentals ...
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This paper introduces a simulation-optimization approach to valuing real investment options based on a model containing several decision variables and realistic ...
Missing: expansion | Show results with:expansion
In calculating real-option values, most managers, academics, and consultants assume that option holders will always make optimal exercise decisions—timely ...
Missing: Simulation- optimization mechanism