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...

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...

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...

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...

Crises can threaten the continued existence of an organization. In today’s highly uncertain and turbulent business environment, managers must develop stronger crisis decision‐making skills. This article outlines a practical six‐step approach to improving organizational...

Makes recommendations, based on a 1991 study of Hong Kong Executive MBA students, for management education and development programmes for the development of Hong Kong managers, in anticipation of the changes that will occur when control of Hong Kong is transferred from Britain to mainland China...

Presents a discussion of liquidity‐based financial crisis. An example is used to illustrate the application of a conceptual model in dealing with this kind of crisis. Concludes that systemic planning based on the ideas put forward can help managers better prepare for financial crisis.

The objectives of this research are to identify the research trends in and publication outlets for the applications of the fuzzy set theory technique in production and operations management (POM). The major findings indicate that (1) the most popular applications are capacity planning,...