This book gives an analysis of capacity performance of multi-stage, multi-product production systems. Special attention is given to performance criteria like throughput, average work-in-process and average throughput time. A model is developed to represent such production systems. A development...

This paper studies the interplay between the operational and financial facets of capacity investment. We consider the capacity choice problem of a firm with limited liquidity and whose access to external capital markets is hampered by moral hazard. The firm must therefore not only calibrate its...