Approach to the evaluation of manufacturing and economic feasibility of technical systems based on real options modeling

Abstract

The features of the application of the system engineering methodology, technology and manufacturing readiness levels metrics when creating high-tech industrial products in the digital transformation of the economy are considered. The concept of manufacturing and economic feasibility of a perspective technical system is introduced. An approach to the economic and mathematical modeling of real options is proposed for a formalized description and decision support for managing multi-stage and interconnected processes for creating a goal technical system and supporting manufacturing system. The directions of further research are determined and the tasks of applied development of real options pricing models are posed.

Keywords

• system engineering
• manufacturing feasibility
• economic feasibility
• perspective technical system
• technology readiness level
• manufacturing readiness level
• real options valuation