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Matching supply, demand, and capacity is made more costly and less efficient when demand variation is amplified into work-in-process, or backlog, variation. Existing research has focused on managing variations in backlog quantity. This paper extends that research by examining how variation in...
Persistent link: https://www.econbiz.de/10008869673
The successful use of lean manufacturing (LM) practices requires more than the use of tools. Although manufacturing facilities worldwide use LM practices, dimensions of a nation׳s culture may moderate LM׳s effect on operating performance. Based on operational and organizational behavior...
Persistent link: https://www.econbiz.de/10011043199
In volatile, long-lead time and short selling-season markets, a secondary market enables buyers to update their inventory during the selling season. The decision of when to update involves complicated trade-offs between forecast accuracy, expected lost sales, and average purchasing cost. We use...
Persistent link: https://www.econbiz.de/10008523109