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Economic theory presumes that individuals respond to true marginal prices when deciding on the amount of goods and services they buy and many other economic decisions. However, learning about these marginal prices is often costly in terms of search time, cognitive effort or monetary outlays....
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The ever-increasing product complexity, especially for the case of engineer-to-order products, highly affects the performance of manufacturing systems. Therefore, a high degree of flexibility is needed during daily decision-making activities, such as production scheduling. For addressing this...
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