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Purpose: Efficient Operations and Supply Chain Management is key to building sustainable competitive edge for companies. However, the achievement of this goal is becoming challenging in the present dynamic production environment, as traditional Manufacturing Planning and Control systems were not...
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A firm faces random demand for a service it delivers on a given future date. To boost demand, the firm hires a sales agent who exerts unobservable effort continuously over time. The firm is concerned not only with increasing current demand, but also with smoothing demand over time to avoid...
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