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has examined complementarities in production, we propose that sectors make similar input decisions because of … complementarities in information acquisition. Because information about driving forces has a high fixed cost of production and a low … correlated production choices. This mechanism amplifies the effects of common shocks, relative to sectoral shocks. …
Persistent link: https://www.econbiz.de/10003474099
productivity across sectors exhibits weak correlation. While previous work examined production complementarity, our analysis … production and a low marginal cost of replication, sectors can share the cost to forecast their sector-specific productivity …
Persistent link: https://www.econbiz.de/10012778290
productivity across sectors exhibits weak correlation. While previous work examined production complementarity, our analysis … each paying the full production cost to forecast their sector-specific productivity. Sectors with common, aggregate … information make highly correlated production choices. By filtering out sector-specific shocks and transmitting aggregate ones …
Persistent link: https://www.econbiz.de/10012756489
We consider the optimal production and inventory control of an assemble-to-order system with m components, one end … the structure of an optimal policy. We show that a base-stock production policy is optimal, but the base-stock level for …
Persistent link: https://www.econbiz.de/10012754997
productivity across sectors exhibits weak correlation. While previous work examined production complementarity, our analysis … production and a low marginal cost of replication, sectors can share the cost to forecast their sector-specific productivity …
Persistent link: https://www.econbiz.de/10012466105
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multiple process settings and production control policies, among which token-based policies. Customizable to the … characteristics of the process under analysis, this model can support logistics performance evaluation of different production control …
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