Title
Evaluating Flexibility in Embedded Automotive Product Lines Using Real Options
Abstract
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 Gustavsson1101.25
Jakob Axelsson217526.05