This study considers the effects of one real exchange rate on strategies that govern locations of production by firms that are entering N - 1 foreign countries. The batch process production model (Lin, CT and CR Wu (2004a). Asia Pacific Journal of Operational Research, 21, 35–52) which...

The Cobb-Douglas production function with Abel's (1983) model is extended herein, and real options analysis for entry-exit decision making with Dixit's (1989) model under exchange rate uncertainty. A general form with the first order of degree homothetic production functions is also considered...