Valuation of expansion flexibility in flexible manufacturing system investments using sequential exchange options

DOI10.1080/00207720500062231zbMath1116.90341OpenAlexW2126778196MaRDI QIDQ5704627

C. Okan Özogul, E. Ertugrul Karsak

Publication date: 15 November 2005

Published in: International Journal of Systems Science (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1080/00207720500062231

zbMATH Keywords

flexible manufacturing systemsreal optionsvalue analysisexchange optionsexpansion flexibility

Mathematics Subject Classification ID

Production models (90B30)

Cites Work

• Investment and the Valuation of Firms When There is an Option to Shut Down

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