Investments in flexible production capacity
نویسندگان
چکیده
منابع مشابه
Product Variety and Capacity Investments in Congested Production Systems
We investigate a firm’s product line design, and capacity investment problem for vertically differentiated products along design quality levels. Customers arrive according to a Poisson process and are heterogeneous in their marginal valuation of the quality level. Customers make product choices to maximize a linear utility function of price, quality level, and waiting cost. Resulting product de...
متن کاملOn pricing of electricity contracts by production capacity investments
We address the problem of pricing contingent claims written on electricity. The special feature of this paper is to consider contract pricing within a market for power producing plants. Calculating equilibrium prices for this market, we obtain a valuation for electricity contingent claims which is fair in the sense that arbitrage is excluded for capacity and claim trading.
متن کاملProduction Capacity of Flexible Manufacturing Systems with Fixed Production Ratios
Determining the production capacity of flexible manufacturing systems is a very important issue in the design of such systems. We propose an approach for determining the production capacity (i.e., the maximum production rate) of a flexible manufacturing system with several part types, dedicated pallets, and fixed production ratios among the different part types. We show that the problem reduces...
متن کاملFlexible ICT investments analysis using real options
Information-communication technology (ICT) investments analysis using real options (ROs) has been a subject of active research during the last decade. It is a flexible method to value investment opportunities and to derive optimal timing of investments deployment taking into account uncertainties in future benefits and costs. We develop a framework for classifying the research on real ICT proje...
متن کاملPeriodic flexible maintenance planning in a single-machine production environment
Preventive maintenance is the essential part of many maintenance plans. From the production point of view, the flexibility of the maintenance intervals enhances the manufacturing efficiency. On the contrary, the maintenance departments tend to know the timing of the long term maintenance plans as certain as possible. In a single-machine production environment, this paper proposes a simulation–o...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Economic Dynamics and Control
سال: 1992
ISSN: 0165-1889
DOI: 10.1016/0165-1889(92)90050-o