Use of common parts for different products (commonality) is important methods for managing product variety and preserving competitiveness in the age of mass customization and supply chain competition. In literature, the advantages of inclusion of common components in a product family are well...

Purpose – The main purposes of this paper are to enhance the understanding of commonality models in manufacturing resource planning by documenting the current state of affairs and to stimulate fruitful future research by identifying gaps between the relevant issues and the available academic...

The main objectives of this paper are to (i) study the commonality indices in manufacturing resource planning reported in literatures since 1980 and (ii) some useful insights including advantages and disadvantages of using commonality in manufacturing/production environment. It is observed that...

The important part of managing uncertainty is identifying as many sources and factors of uncertainty as possible. The main purposes of this paper are to enhance the understanding of uncertainty – its sources, factors and effects on the system by documenting the current state of affairs. This...

The main purposes of this paper are to enhance the understanding of manufacturing resources planning models under uncertain conditions by documenting the current state of affairs, and to stimulate a fruitful future research direction by identifying gaps between the relevant issues and the...

This paper reports on a two-task principal-agent experiment in which only one task is contractible. The principal can either offer a piece-rate contract or a (voluntary) bonus to the agent. Bonus contracts strongly outperform piece rate contracts. Many principals reward high efforts on both...

When a young entrepreneurial firm matures, it is often necessary to replace the founding entrepreneur by a professional manager. This replacement decision can be affected by the private benefits of control enjoyed by the entrepreneur which gives rise to a conflict of interest between the...

In recent decades, many firms offered more discretion to their employees, often increasing the productivity of effort but also leaving more opportunities for shirking. These “high-performance work systems” are difficult to understand in terms of standard moral hazard models. We show...