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In the German automobile industry the vertical integration, as an indicator of value added, is on average low. Beyond the argument of relative high labour costs for manufacturing, several specific reasons for the level of vertical integration, linked to the flexibility of business administration...
Persistent link: https://www.econbiz.de/10011422165
In the German automobile industry the vertical integration, as an indicator of value added, is on average low. Beyond the argument of relative high labour costs for manufacturing, several specific reasons for the level of vertical integration, linked to the flexibility of business administration...
Persistent link: https://www.econbiz.de/10003592932
The airline's scheduling process is intended to provide a plan on the operating patterns of the companies' aircraft and their resources, to meet the anticipated demand. The schedules' plans are usually based on one season only. However, they should be integrated into a long-term corporate plans,...
Persistent link: https://www.econbiz.de/10012907532
We study the value of inventory integration (or pooling) for a firm selling a seasonal good over two periods: in the first period the firm charges a high price, and in the second period the firm charges a low price to clear remaining inventory. Consumers are rational and decide when to visit the...
Persistent link: https://www.econbiz.de/10012855124
Manufacturers that utilize capacitated flexible resources to produce a variety of products are often exposed to large mismatches between supply and demand due to some irregularities in their demand patterns. These irregularities arise from (1) uncertainty about the number of orders received from...
Persistent link: https://www.econbiz.de/10013313184
related with human resource management. Therefore, a country make investment to human resource management to create wealth of …
Persistent link: https://www.econbiz.de/10012862596
Fixed costs of ordering items or setting up a process arise in many real-life scenarios. In their presence, the most widely used ordering policy in the stochastic inventory literature is the (s, S) policy. Optimality of (s, S) policies and (s, S)-type policies have been investigated for various...
Persistent link: https://www.econbiz.de/10014085423
It has been argued that monetary incentives restrain individual creativity and hamper performance in jobs requiring out of the box thinking. This paper reports from an experiment designed to test if the negative incentive effect is present also when individuals work together to solve such...
Persistent link: https://www.econbiz.de/10009786022
In this paper we account for observed management practice in the estimation of aproduction function. In our model … management practice is observable and we allow it toaffect output directly (neutral shift) and indirectly by affecting input … (in)efficiency do not correlate highly with observedmanagement. We also find that management affects output both directly …
Persistent link: https://www.econbiz.de/10010312060
We propose a model of production where technical change is both time and management induced. We define a general … management index in addition to the general time index of Baltagi and Griffin (1988) and use them as arguments in the translog … productionfunction. Time and management induced technical change are then defined interms of these general indices. For comparison, we …
Persistent link: https://www.econbiz.de/10010312081