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Exploiting embedded supply-chain real options creates powerful opportunities for competitive manufacturing in high-cost environments. Rather than seeking competitiveness through standardization as is common to lean production, real-options reasoning explores opportunities to use supply-chain...
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The concept of heijunka--controlling the variability of the job arrival sequence to permit higher capacity utilization--plays an integral role in lean production theory. In situations where the customer defines the delivery sequence, however, scheduling production to maximize utilization becomes...
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This paper investigates actual Venture Capital (VC) decision making as it occurs over time in its natural decision environment. Our qualitative analysis is based on a comprehensive, longitudinal data set comprising 11 years of archival data from a European-based VC firm. During this time, the...
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