Showing 1 - 10 of 9,332
having various reasons. The second part of the paper examines the demand, production, distribution and consumption of the …
Persistent link: https://www.econbiz.de/10010936443
Risk is present in all human activities; it can be associated with health, security, economy or environment. The goal … of risk management is to control, prevent or decrease potential damages. Technically speaking, risk management means all … the activities coordinated so as to orient and monitor an organization from the risk perspective. Risk management helps …
Persistent link: https://www.econbiz.de/10010660860
robustness through risk analysis, which uses Latin hypercube sampling (LHS) to estimate the probabilities of specific system … systems, namely Kanban, Conwip, Hybrid, and Generic. In this example, Hybrid turns out to be best. However, when risk is … ignored, then Generic is best; so risk considerations do make a difference! The methodology can be easily applied to any …
Persistent link: https://www.econbiz.de/10011091481
Our goal in this paper is to explain the location of transactions (and contracts) in a larger system of production. We first characterize the system as a network of tasks and transfers. While transfers between agents are necessary and ubiquitous, the mundane transaction costos of standardizing,...
Persistent link: https://www.econbiz.de/10012721616
Conventional cost accounting assumes that the relation between cost and volume is symmetric for volume increases and decreases. We test an alternative model where costs increase more when activity rises than they decrease when activity falls by an equivalent amount. We find, for a sample of...
Persistent link: https://www.econbiz.de/10012721867
Our goal in this paper is to explain the location of transactions (and contracts) in a system of production. Systems of production are engineered systems, and where to place quot;transactionsquot; is one of the basic engineering problems that the designers of such systems face. We begin by...
Persistent link: https://www.econbiz.de/10012722065
to time production commitment based on better demand information. This flexibility is significant when demand is volatile …
Persistent link: https://www.econbiz.de/10012722500
delivery risk generated by the suppliers. The present article offers a method that uses portfolio management theory to chose … to realization of this fundamental aim. The enterprise value maximization strategy is executed with a focus on risk and … uncertainty. This article presents the consequences for the recipients firm that can result from operating risk that is related to …
Persistent link: https://www.econbiz.de/10012722629
Maximization of wealth of his owners is the basic financial aim in management of an enterprise. Decisions in net current assets investments should contribute to realization of this aim. Article presents the discussion about relations between firm's net current assets (working capital) investment...
Persistent link: https://www.econbiz.de/10012722630
This paper is a primer on corporate performance, corporate governance, and their interrelationships and measurement systems, with particular focus on Small- and Medium-Sized Enterprises (SMEs). This is the first report of a larger on going research project. In the domain of performance...
Persistent link: https://www.econbiz.de/10012726471