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作者:Mazzola, JB; McCardle, KF
摘要:This paper introduces a Bayesian decision theoretic model of optimal production in the presence of learning-curve uncertainty. The well-known learning-curve model is extended to allow for random variation in the learning process with uncertainty regarding some parameter of the variation. A production run generates excess value (above its current revenue) for a Bayesian manager in two ways: it pushes the firm further along the learning curve, increasing the likelihood of lower costs for future ...
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作者:YasaiArdekani, M; Nystrom, PC
摘要:This study compared the relationships between organizational context and the designs of environmental scanning systems for organizations with effective and ineffective scanning systems. The study analyzed data from over 100 North American business organizations. Results indicate that organizations with effective scanning systems tend to align their scanning designs with the requirements of their context. On the other hand, the results show that organizations with ineffective scanning systems t...
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作者:Hassin, R
摘要:The following example illustrates the problem treated in this paper: Two gas stations are located one after the other on a main road. A driver who needs to fill his tank sees the queue situation at the first station but not at the second one. The driver estimates the expected waiting time at the first station, compares it to the conditional expected waiting time at the second one, and decides which station to enter. The second station is assumed to be on the driver's route so that no extra cos...