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he fears revealing his proprietary cost information. We investigate how information asymmetry and procurement contracting … contracting strategies, and identify a simple strategy, expected margin commitment (EMC), that effectively promotes collaboration …. The manufacturer prefers EMC if collaboration leads to a large reduction in unit cost and/or demand variability is low …
Persistent link: https://www.econbiz.de/10010990474
mathematical model that treats testing as an activity that generates information about technical and customer-need related problems …
Persistent link: https://www.econbiz.de/10009214016
members of the firm external to the team. If this paucity of external communication means that the team has the information it … communication among marketing, engineering, and manufacturing. This paper examines communication patterns for two matched product …. Our data suggest that QFD enhances communication levels within the core team (marketing, engineering, manufacturing). QFD …
Persistent link: https://www.econbiz.de/10009203815
not the components most closely tied to success, overall performance may in fact suffer. The decision-making process is …This paper describes a phenomenon called "locally rational" decision-making, in which the mere presence of information … may have dysfunctional consequences even if decision makers do not process the information incorrectly. Using the results …
Persistent link: https://www.econbiz.de/10009203698
This paper provides an economic rationale for modern manufacturing control practices such as the minimal inventories in Just in Time (JIT)systems, zero-defect policies, and continuous improvement. The popular and academic literature contains descriptive studies on the mechanics of these systems...
Persistent link: https://www.econbiz.de/10009204246
Operating units must communicate their private information regarding decisions to be taken in organizations. This paper … characterizes the optimal communication structures assuming that (i) a decision maker is fired whenever he makes a decision that … proves wrong ex post relative to the status quo; and (ii) direct communication in a group of kunits may result in the loss of …
Persistent link: https://www.econbiz.de/10009191347
This paper explores the linkages between key features of the new product development (NPD) process and NPD performance … and suggests ways of designing the process to improve performance. Using a stochastic computer model, we examine, under … varying uncertainty conditions, how the key features of overlapping and functional interaction affect the performance measures …
Persistent link: https://www.econbiz.de/10009208998
withdrawing autonomy is negatively correlated with both task and process aspects of team performance. The determinants of …
Persistent link: https://www.econbiz.de/10009214122
, and selecting performance objectives. Second, we conduct a meta-analysis to evaluate relationships between specific IPD … characteristics and project performance. We indicate where relationships do or do not exist and identify variables that may moderate …
Persistent link: https://www.econbiz.de/10009204625
More than 500 top-level business executives were studied to ascertain the validity of common stereotypes of who takes risks and who avoids risks. We began with 13 risk measures based on theoretical grounds, naturally occurring situations, and attitudes. These measures were formed into seven...
Persistent link: https://www.econbiz.de/10009204652