Title | ||
---|---|---|
Dedicated vs product flexible production technology: Strategic capacity investment choice. |
Abstract | ||
---|---|---|
•A sequential game never leads to the equilibrium with two dedicated firms.•The (dedicated) commitment value can dominates the incumbent’s value of flexibility.•For high uncertainty, the entrant surprisingly chooses for the dedicated capacity. |
Year | DOI | Venue |
---|---|---|
2015 | 10.1016/j.ejor.2015.01.007 | European Journal of Operational Research |
Keywords | Field | DocType |
Flexible manufacturing systems,Strategic capacity investment,Commitment value,Demand uncertainty | Economics,Investment strategy,Commit,Microeconomics,Operations management,Stochastic game | Journal |
Volume | Issue | ISSN |
244 | 1 | 0377-2217 |
Citations | PageRank | References |
0 | 0.34 | 7 |
Authors | ||
3 |
Name | Order | Citations | PageRank |
---|---|---|---|
Hendrika Jobina Boonman | 1 | 0 | 0.34 |
Verena Hagspiel | 2 | 12 | 3.24 |
Peter M. Kort | 3 | 205 | 44.47 |