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Strategic Resource Dynamics of Manufacturing Firms

Jayanthi, Shekhar; Roth, Aleda V.; Kristal, Mehmet M.; … - In: Management Science 55 (2009) 6, pp. 1060-1076

We conceptualize strategic decision-making processes within a manufacturing firm as streams of resources allocated to short- and long-term changes. The analogous ecological model, referred to as the Lotka-Volterra model, captures this dynamic tension between decisions made by the firm and its...

Persistent link: https://www.econbiz.de/10009191460

An O(T<sup>3</sup>) Algorithm for the Economic Lot-Sizing Problem with Constant Capacities

Hoesel, C. P. M. van; Wagelmans, A. P. M. - In: Management Science 42 (1996) 1, pp. 142-150

We develop an algorithm that solves the constant capacities economic lot-sizing problem with concave production costs and linear holding in O(T<sup>3</sup>) time. The algorithm is based on the standard dynamic programming approach which requires the computation of the minimal costs for all possible...

Persistent link: https://www.econbiz.de/10009191677

Problem--Solving Oscillations in Complex Engineering Projects

Mihm, Jürgen; Loch, Christoph; Huchzermeier, Arnd - In: Management Science 49 (2003) 6, pp. 733-750

project members, or whether it is inevitable. Recent work in complexity theory suggests that a project might form a "rugged …

Persistent link: https://www.econbiz.de/10009191715

The Efficiency of the Simplex Method: A Survey

Shamir, Ron - In: Management Science 33 (1987) 3, pp. 301-334

solving LP problems which were randomly generated according to some predetermined distributions. 3. Complexity results …

Persistent link: https://www.econbiz.de/10009191987

Scheduling and Reliable Lead-Time Quotation for Orders with Availability Intervals and Lead-Time Sensitive Revenues

Keskinocak, Pinar; Ravi, R.; Tayur, Sridhar - In: Management Science 47 (2001) 2, pp. 264-279

provide complexity results for the offline case, and perform competitive analysis for the online cases. A natural question of …

Persistent link: https://www.econbiz.de/10009197574

Selectionism and Learning in Projects with Complexity and Unforeseeable Uncertainty

Sommer, Svenja C.; Loch, Christoph H. - In: Management Science 50 (2004) 10, pp. 1334-1347

of time) and high complexity (large number of variables and interactions; this leads to difficulty in assessing optimal … actions beforehand). There are two fundamental strategies to manage innovation with unforeseeable uncertainty and complexity … complexity. We build a model of a complex project with unforeseeable uncertainty, simulating problem solving as a local search on …

Persistent link: https://www.econbiz.de/10009197959

Misperceiving Interactions Among Complements and Substitutes: Organizational Consequences

Siggelkow, Nicolaj - In: Management Science 48 (2002) 7, pp. 900-916

Systems composed of activity choices that interact in nonsimple ways can allow firms to create and sustain a competitive advantage. However, in complex systems, decision makers may not always have a precise understanding of the exact strength of the interaction between activities. Likewise,...

Persistent link: https://www.econbiz.de/10009198072

Reconsideration of the Winner-Take-All Hypothesis: Complex Networks and Local Bias

Lee, Eocman; Lee, Jeho; Lee, Jongseok - In: Management Science 52 (2006) 12, pp. 1838-1848

The literature on network effects has popularized a hypothesis that competition between incompatible technologies results in the "winner-take-all" outcome. For the survival of the firm in this sort of competition, the installed base has been emphasized. We argue that the validity of this...

Persistent link: https://www.econbiz.de/10009203836

Hierarchical Structure and Search in Complex Organizations

Mihm, Jürgen; Loch, Christoph H.; Wilkinson, Dennis; … - In: Management Science 56 (2010) 5, pp. 831-848

Organizations engage in search whenever they perform nonroutine tasks, such as the definition and validation of a new strategy, the acquisition of new capabilities, or new product development. Previous work on search and organizational hierarchy has discovered that a hierarchy with a central...

Persistent link: https://www.econbiz.de/10009208829

The Effects of Problem Structure and Team Diversity on Brainstorming Effectiveness

Kavadias, Stylianos; Sommer, Svenja C. - In: Management Science 55 (2009) 12, pp. 1899-1913

interactions (problem complexity). In cross-functional problems, the brainstorming group exploits the competence diversity of its …

Persistent link: https://www.econbiz.de/10009208836