IEEE - Institute of Electrical and Electronics Engineers, Inc. - A Black-Scholes Approach to Satisfying the Demand in a Failure-Prone Manufacturing System

Proceedings of the 39th Southeastern Symposium on Systems Theory

Author(s): J.R. Chavez-Fuentes ; O.R. Gonzalez ; W.S. Gray
Publisher: IEEE - Institute of Electrical and Electronics Engineers, Inc.
Publication Date: 1 March 2007
Conference Location: Macon, GA, USA
Conference Date: 4 March 2007
Page(s): 154 - 158
ISBN (CD): 1-4244-1126-2
ISBN (Paper): 1-4244-1051-7
ISSN (Paper): 0094-2898
DOI: 10.1109/SSST.2007.352338
Regular:

The goal of this paper is to use a financial model and a hedging strategy in a systems application. In particular, the classical Black-Scholes model, which was developed in 1973 to find the fair... View More

Advertisement