作者:Van Mieghem, JA; Dada, M
作者单位:Northwestern University; Purdue University System; Purdue University
摘要:This article presents a comparative analysis of possible postponement strategies in a two-stage decision model where firms make three decisions: capacity investment, production (inventory) quantity, and price. Typically, investments are made while the demand curve is uncertain. The strategies differ in the timing of the operational decisions relative to the realization of uncertainty. We show how competition, uncertainty, and the timing of operational decisions influence the strategic investme...
作者:Schultz, KL; Juran, DC; Boudreau, JW
作者单位:Indiana University System; Indiana University Bloomington; IU Kelley School of Business; Columbia University; Cornell University
摘要:Low inventory, a crucial part of just-in-time (JIT) manufacturing systems, enjoys increasing application worldwide, vet the behavioral effects of such systems remain largely unexplored. Operations research (OR) models of low-inventory systems typically use a simplifying assumption that processing times of individual workers are independent random variables. This leads to predictions that low-inventory systems will exhibit production interruptions leading to lower productivity. Yet empirical re...