Purpose – This paper proposes a knowledge-exchange framework for value co-creation in franchise network. Design/methodology/approach – This conceptual study integrates literature on franchising, knowledge based view of the firm, absorptive capacity, and service dominant logic to propose a...

Abstract In this paper we present a mathematical model of a generic manufacturing system. The quality of the manufactured product is captured through one or more of its critical design/process parameters. Managers often face the dilemma of which product/process is to be singled out for...

In this note we consider a multi-product environment where production lot-sizing and investing for quality improvement in several production processes are desired. We develop a mathematical model for addressing this important problem. We use our model to calculate the optimal lot-sizes and the...