Abstract | ||
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Embedded automotive architectures and software need to support a large number of vehicle product lines over many years of production. This leads to a complexity and many uncertain factors when developing such systems and a need for support in the design process. An evaluation method using Real Options provides the opportunity to analyze the cost of designing for flexibility to cope with a future growth of a product line, based on the estimated value of the future functionality. In this paper Real Options is applied on a case within the automotive industry. To improve the usability an evaluation process is defined to aid engineers. This process provides a way of valuing system designs and enables the engineer to think about the future in a systematic manor. The value of a flexible design can thereby be quantified and the proposed process shows how it can be accepted by practitioners. |
Year | DOI | Venue |
---|---|---|
2008 | 10.1109/SPLC.2008.9 | Limerick |
Keywords | Field | DocType |
automotive industry,automotive architecture,future functionality,automotive product lines,estimated value,evaluation process,evaluation method,future growth,real options,design process,proposed process,embedded systems,cost accounting,software engineering,embedded system,logic gates,automotive engineering,automobile industry,architecture | Architecture,Systems engineering,Computer science,Usability,Manufacturing engineering,Automotive product,Product line,Software,Engineering design process,Cost accounting,Automotive industry | Conference |
ISBN | Citations | PageRank |
978-0-7695-3303-2 | 4 | 0.47 |
References | Authors | |
2 | 2 |
Name | Order | Citations | PageRank |
---|---|---|---|
Håkan Gustavsson | 1 | 10 | 1.25 |
Jakob Axelsson | 2 | 175 | 26.05 |