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Full-Text Articles in Operations Research, Systems Engineering and Industrial Engineering
Evaluation Method For Strategic Investments, Olabode Alabi
Evaluation Method For Strategic Investments, Olabode Alabi
Department of Industrial and Management Systems Engineering: Dissertations, Theses, and Student Research
Real Options Analysis (ROA) has become a complimentary tool for engineering economics. It has become popular due to the limitations of conventional engineering valuation methods; specifically, the assumptions of uncertainty. Industry is seeking to quantify the value of engineering investments with uncertainty. One problem with conventional tools are that they may assume that cash flows are certain, therefore minimizing the possibility of the uncertainty of future values. Real options analysis provides a solution to this problem, but has been used sparingly by practitioners. This paper seeks to provide a new model, referred to as the Beta Distribution Real Options Pricing …
Dynamic Analysis Of Less-Than-Truckload Shipments And Test Method To Simulate This Environment, Sher Paul Singh, E. Joneson, Jay Singh, G. Grewal
Dynamic Analysis Of Less-Than-Truckload Shipments And Test Method To Simulate This Environment, Sher Paul Singh, E. Joneson, Jay Singh, G. Grewal
Industrial Technology and Packaging
This paper provides results from a comprehensive data measurement study that analyzed the vibration dynamics produced inside the trailers used for less-than truckload (LTL) shipments. The trailers used for this segment of the package transportation environment are very different in size and suspension than those used for full truckload shipments. This study measured the vertical, lateral and longitudinal vibration inside a trailer as a function of road surface. In addition, the study developed a video showing freight movement inside the trailer to determine physical displacement and shifting of the loads. A set of recommendations was developed to safely load and …
Development Of A System Of Systems Engineering Method, Ji Hyon Mun, Morgan Henrie, Yaneth Correa, Charles Keating, Andres Sousa-Poza
Development Of A System Of Systems Engineering Method, Ji Hyon Mun, Morgan Henrie, Yaneth Correa, Charles Keating, Andres Sousa-Poza
Engineering Management & Systems Engineering Faculty Publications
Systems engineers have been facing challenges with the design and analysis of multiple complex systems. System of Systems Engineering has emerged to assist in this challenge with the systemic analysis, design, and transformation of complex metasystems. This paper outlines a proposed method to overcome these challenges, which is grounded in System of Systems Engineering principles and methodology. An overview of System of Systems Engineering will be provided for understanding of its significance and the attempt to complement Systems Engineering efforts in dealing with the aforementioned challenges. Finally, discussion on the proposed method, with respect to complex system analysis, is provided.