Show simple item record

dc.contributor.authorSilver, Matthewen_US
dc.contributor.authorDe Weck, Olivieren_US
dc.date.accessioned2006-01-23T19:36:11Zen_US
dc.date.accessioned2006-03-03T21:11:48Z
dc.date.available2006-01-23T19:36:11Zen_US
dc.date.available2006-03-03T21:11:48Z
dc.date.issued2005-11-09en_US
dc.identifier.urihttp://hdl.handle.net/1853/8041
dc.descriptionThis conference features the work of authors from: Georgia Tech’s Space Systems Design Lab, Aerospace Systems Design Lab, School of Aerospace Engineering, Georgia Tech Research Institute; NASA’s Jet Propulsion Laboratory, Marshall Space Flight Center, Goddard Space Flight Center, Langley Research Center; and other aerospace industry and academic institutionsen_US
dc.description.abstractNASA has recently made the decision to develop a heavy lift launch system with Shuttle- Derived components, but myriad questions remain about technical design and development strategy. The complexity of heavy lift launch systems and their interconnectedness to the rest of the exploration architecture ensures that near-term architectural design decisions will greatly affect long-term options for future space exploration. This paper uses Real Options valuation to compare two possible development plans for a heavy lift launch system. Taking into account cost profiles, capacity, and uncertainty in demand, various heavy lift vehicle strategies are presented and evaluated along plausible development paths. These strategies can be framed as Shuttle-Derived-Architectures with "options" to change capability in the face shifting demand and risk tolerance scenarios. Initial results suggest that life-cycle optimality is heavily dependant on schedule uncertainty, while less sensitive to lunar and mars mission architectures and initial mass in low earth orbit (IMLEO). Future work will involve more detailed analysis of switching options and switching costs, as well as a more comprehensive network model of switching decisions in order to compare more vehicle configurations.en_US
dc.description.sponsorshipAIAA Space Systems Technical Committee ; AIAA Space Transportation Systems Technical Committee ; Space Technology Advanced Research Centeren_US
dc.format.extent1276639 bytesen_US
dc.format.extent1905 bytes
dc.format.extent1276639 bytes
dc.format.mimetypeapplication/pdfen_US
dc.format.mimetypetext/plain
dc.format.mimetypeapplication/pdf
dc.language.isoen_USen_US
dc.publisherGeorgia Institute of Technologyen_US
dc.relation.ispartofseriesSSEC05 Session E;GT-SSEC.E.3en_US
dc.subjectHeavy lift vehicle configurationen_US
dc.subjectDesign and development strategiesen_US
dc.subjectShuttle-derived componentsen_US
dc.subjectVehicle configurationsen_US
dc.subjectLife-cycle optimalityen_US
dc.subjectReal Options valuationen_US
dc.subjectLong-term options for future space explorationen_US
dc.titleDesigning Sustainable Launch Systems: Flexibility, Lock-In and System Evolutionen_US
dc.typePresentationen_US
dc.contributor.corporatenameMassachusetts Institute of Technologyen_US
dc.contributor.corporatenameGeorgia Institute of Technology. Space Systems Design Laben_US


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record