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HomeMIT IDS.333 Risk and Decision Analysis, Fall 2021Unit 7: Drivers of Flexibility, Video 4: Balancing Overall Effect of Drivers

Unit 7: Drivers of Flexibility, Video 4: Balancing Overall Effect of Drivers

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The overall perspective is that designers and managers need to balance need to recognize and balance the competing effects of uncertainty, economies of scale, the discount rate, learning, and competitive gaming.