MIT IDS.333 Risk and Decision Analysis, Fall 2021 Unit 7: Drivers of Flexibility, Video 2: Economies of Scale
Unit 7: Drivers of Flexibility, Video 2: Economies of Scale Transcript and Lesson Notes
MIT IDS.333 Risk and Decision Analysis, Fall 2021 Instructor: Richard de Neufville View the complete course: https://ocw.mit.edu/courses/ids-333-risk-and-decision-analysis-fall-2021/ YouTube Playlist: https://www.youtube
Quick Summary
MIT IDS.333 Risk and Decision Analysis, Fall 2021 Instructor: Richard de Neufville View the complete course: https://ocw.mit.edu/courses/ids-333-risk-and-decision-analysis-fall-2021/ YouTube Playlist: https://www.youtube
Key Takeaways
- Review the core idea: MIT IDS.333 Risk and Decision Analysis, Fall 2021 Instructor: Richard de Neufville View the complete course: https://ocw.mit.edu/courses/ids-333-risk-and-decision-analysis-fall-2021/ YouTube Playlist: https://www.youtube
- Understand how dubbedwithaloud fits into Unit 7: Drivers of Flexibility, Video 2: Economies of Scale.
- Understand how economies of scale fits into Unit 7: Drivers of Flexibility, Video 2: Economies of Scale.
- Understand how ids-333-risk-and-decision-analysis-fall-2021 fits into Unit 7: Drivers of Flexibility, Video 2: Economies of Scale.
- Understand how prevalence of economies of scale fits into Unit 7: Drivers of Flexibility, Video 2: Economies of Scale.
Key Concepts
Full Transcript
MIT IDS.333 Risk and Decision Analysis, Fall 2021 Instructor: Richard de Neufville View the complete course: https://ocw.mit.edu/courses/ids-333-risk-and-decision-analysis-fall-2021/ YouTube Playlist: https://www.youtube.com/playlist?list=PLUl4u3cNGP62jwhTqp8_1kwrkDkxZhpQC The widespread existence of economies of scale in systems design drives designers to build big instead of incrementally. Unfortunately, the economies of scale only really exist if the facilities operate fully at scale. This video has been dubbed using an artificial voice via https://aloud.area120.google.com to increase accessibility. You can change the audio track language in the Settings menu. License: Creative Commons BY-NC-SA More information at https://ocw.mit.edu/terms More courses at https://ocw.mit.edu Support OCW at http://ow.ly/a1If50zVRlQ We encourage constructive comments and discussion on OCW’s YouTube and other social media channels. Personal attacks, hate speech, trolling, and inappropriate comments are not allowed and may be removed. More details at https://ocw.mit.edu/comments.
Lesson FAQs
What is Unit 7: Drivers of Flexibility, Video 2: Economies of Scale about?
MIT IDS.333 Risk and Decision Analysis, Fall 2021 Instructor: Richard de Neufville View the complete course: https://ocw.mit.edu/courses/ids-333-risk-and-decision-analysis-fall-2021/ YouTube Playlist: https://www.youtube
What key concepts are covered in this lesson?
The lesson covers dubbedwithaloud, economies of scale, ids-333-risk-and-decision-analysis-fall-2021, prevalence of economies of scale.
What should I learn before Unit 7: Drivers of Flexibility, Video 2: Economies of Scale?
Review the previous lessons in MIT IDS.333 Risk and Decision Analysis, Fall 2021, then use the transcript and key concepts on this page to fill any gaps.
How can I practice after this lesson?
Practice by applying the main concepts: dubbedwithaloud, economies of scale, ids-333-risk-and-decision-analysis-fall-2021, prevalence of economies of scale.
Does this lesson include a transcript?
Yes. The full transcript is visible on this page in indexable HTML sections.
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