Bose, Dipankar; Chatterjee, A.K.; Barman, Samir - In: Journal of Modelling in Management 13 (2018) 3, pp. 755-772
Purpose: Process flexibility (PF) is seen as a hedging instrument against demand uncertainty. This paper aims to examine capacity decisions for both flexible and dedicated processes under production policies such as make-to-order and make-to-stock. The study identifies some relative benefits,...