Yang, Liu; Wang, Yonggui; Ma, Jun; Ng, Chi To; Cheng, T.C.E. - In: International Journal of Production Economics 154 (2014) C, pp. 190-197
This paper investigates technology investment under flexible capacity strategy with demand uncertainty. Technology investment enables a firm to reduce its total production cost, while flexible capacity strategy aims to reduce a firm׳s production waste by postponing production until demand is...