search query: @author Freund, R. M. / total: 2
reference: 1 / 2
« previous | next »
| Author: | Fine, C. H. Freund, R. M. |
| Title: | Optimal investment in product-flexible manufacturing capacity |
| Journal: | Management Science
1990 : APR, VOL.36:4, p.449-466 |
| Index terms: | MANUFACTURING CAPACITY INVESTMENTS FLEXIBILITY MODELS DECISION MAKING |
| Language: | eng |
| Abstract: | A model and an analysis of the cost-flexibility tradeoffs involved in investing in product-flexible manufacturing capacity are presented. Flexible capacity provides a firm with the ability to respond to a wide variety of future demand outcomes, but at the expense of the increased cost of acquiring flexible manufacturing capacity, as compared with dedicated or nonflexible capacity. A model of the firm's flexible manufacturing investment decision is developed that conceptually captures some of the key characteristics of this complex decision problem. |
« previous | next »
SCIMA