Showing 1 - 10 of 23
<i>simultaneously</i> ensuring that suppliers behave as if they had long-term sourcing commitments from buying firms. In … business to a supplier from their own sourcing needs, even if they no longer prefer this supplier. Unlike existing theories of …
Persistent link: https://www.econbiz.de/10010990431
This paper analyzes the impact of endogenous credit terms under capital market imperfections in a capacity investment setting. We model a monopolist firm that decides on its technology choice (flexible versus dedicated) and capacity level under demand uncertainty. Differing from the majority of...
Persistent link: https://www.econbiz.de/10010990459
an architecture that facilitates development process flexibility. We provide examples from our fieldwork to support this …
Persistent link: https://www.econbiz.de/10009209051
consistently perform near optimally. Using these heuristics, we perform experiments on the effect of operating flexibility on … project duration, where resource flexibility is measured by the number of resources available per activity, and the form of … flexibility on project duration. For instance, it is found that when the flexible capabilities of the resources are evenly …
Persistent link: https://www.econbiz.de/10009209061
Various models have been developed over the years to analyze the many facets of the flexibility of production and … operations systems. This paper proposes a general framework for the modeling and analysis of flexibility. The argument hinges … upon the distinction between flexibility---a property of the technology---and diversity---a property of the environment in …
Persistent link: https://www.econbiz.de/10009214385
be reduced to an equivalent substitution flexibility problem without those dedicated components. This significant …. "Pure commonality" strategies are never optimal unless complexity costs are introduced. Dual sourcing, externalities, and …
Persistent link: https://www.econbiz.de/10009214489
flexibility. Contrary to the intuition also prevalent in the academic literature, we show that it can be advantageous to invest in …
Persistent link: https://www.econbiz.de/10009214631
Process flexibility, whereby a production facility can produce multiple products, is a critical design consideration in … multiproduct supply chains facing uncertain demand. The challenge is to determine a cost-effective flexibility configuration that … flexibility in multistage supply chains. We find two phenomena, stage-spanning bottlenecks and floating bottlenecks, neither of …
Persistent link: https://www.econbiz.de/10009218341
In this paper, we present a new perspective on flexibility in manufacturing and service operations by exploring a type … of operational flexibility that we term Üstructural flexibility (SF).Ý We focus on strategic-level issues of how … flexibility can be created by using multipurpose resources such as cross-trained labor, flexible machines, or flexible factories …
Persistent link: https://www.econbiz.de/10009218354
resource portfolio investment. The resources differ by their level of flexibility, where "level-k flexibility" refers to the … with multiple products and parallel resources. This simple approach is sufficiently powerful to prove that (i) flexibility … exhibits decreasing returns and (ii) the optimal portfolio will invest in at most two, adjacent levels of flexibility in …
Persistent link: https://www.econbiz.de/10009293021