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We explore the value of information in the context of a firm that faces uncertainty with respect to demand, product returns, recovery yield, and capacity utilization. Capacity is finite and shared between new production and recovery operations. The operational decisions of interest are the...
Persistent link: https://www.econbiz.de/10004973499
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Formal tools to link system dynamics model's structure to the system modes of behavior have recently become available. In this paper, we aim to expand the use of these tools to perform the model's policy analysis in a more structured and formal way than the exhaustive exploratory approaches used...
Persistent link: https://www.econbiz.de/10008483390
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