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The two types of mathematical manpower planning models that appear in the literature involve either longitudinal or cross-sectional formulations. Despite the high degree of realism achieved, the use of longitudinal models is limited because the implementation requires the knowledge of a large...
Persistent link: https://www.econbiz.de/10009218173
In various industries end-product manufacturers acquire core subsystems from upstream technology provider firms and focus primarily on efficient end-product integration. We examine the strategic interactions between a technology firm that introduces a new subsystem and the respective end-product...
Persistent link: https://www.econbiz.de/10010990605
The first step in transforming strategy from a hopeful statement about the future into an operational reality is to allocate resources to innovation and new product development (NPD) programs in a portfolio. Resource allocation and NPD portfolio decisions often span multiple levels of the...
Persistent link: https://www.econbiz.de/10009214019
A model is introduced to guide a profit maximizing firm in its quest to enhance performance through process change. The key benefit sought from process change is a long term increase in effective capacity. However, realizing success from process change is not trivial. First, while process change...
Persistent link: https://www.econbiz.de/10009218455
A firm's ability to manage its knowledge-based resource capabilities has become increasingly important as a result of performance threats triggered by technology change and intense competition. At the manufacturing plant level, we focus on three repositories of knowledge that drive performance....
Persistent link: https://www.econbiz.de/10009203784
A model is introduced to examine the long-term planning associated with the purchase and implementation of information technologies (IT) that indirectly contribute to output through enhancement of an organization's knowledge workers. For example, architectural firms in the service industry and...
Persistent link: https://www.econbiz.de/10009208759
Decisions concerning the mix of automation and labor employed by an organization are embedded in the long-term strategic plan since the composition of productive capacity impacts on an organization's ability to survive and compete. In this paper, the optimal mix of automation and labor is...
Persistent link: https://www.econbiz.de/10009191721
A quadratic model for production-inventory planning was made famous by Holt, Modigliani, Muth, and Simon in 1960 in [3], especially for its application to a paint factory. A discrete control version of a related quadratic production-inventory model was studied by Kleindorfer, Kriebel, Thompson,...
Persistent link: https://www.econbiz.de/10012746433
A quadratic model for production-inventory planning was made famous by Holt, Modigliani, Muth, and Simon in 1960 in (Holt, C. C., F. Modigliani, J. F. Muth, H. A. Simon. 1960. Planning Production, Inventories, and Work Force. Prentice-Hall, Englewood Cliffs, New Jersey.), especially for its...
Persistent link: https://www.econbiz.de/10009209094
Modelling planning problems that extend over many time periods as linear programs leads to a special structure called a "staircase" or "dynamic" linear program. In this special structure, the nonzero coefficients of the linear program appear in blocks along the "main diagonal" of the coefficient...
Persistent link: https://www.econbiz.de/10009214751