Manufacturers in a high-tech durable product industry may have to make operational decisions in the presence of uncertainties associated with product demand and supplier’s wholesale price. In this paper, the authors investigate the impact of such uncertainties on the activities of a...

Evaluates the classical theoretical framework of planning and its relevancy in an international context. Additionally, it integrates Hofstede’s model of cultural dimensions into the discussion to provide an exploratory analysis of how national culture characteristics may impact...

An analysis of survey data collected from a sample of 98 Fortune 500 industrial companies reveals that expert systems (ESs) are utilized in manufacturing by 52 per cent of the companies, among which ESs are perceived to be more useful in process planning, product design, layout, facility design...

This paper investigates equilibrium R&D investment strategies of firms endowed with different innovation potentials. To address this issue, this paper permits two stages of innovation and develops a simple stochastic game model involving two firms. It is shown that in equilibrium, a leader in...