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10th AIAA/ISSMO Multidisciplinary Analysis and Optimization Conference
A procedural framework is presented for the design optimization of modular commercial systems that are required to respond to changing market conditions. The basic premise is that commercial systems optimization aims directly at stakeholder value maximization. When stakeholder value is a quantifiable function of design variables and stochastic state variables, it can be maximized by maximizing expected value estimates plus the value from flexibility that stems from a design solution. We proposedoi:10.2514/6.2004-4646 fatcat:krnympissregtlmzpnqrhipeua