Seasonal Inventories And the Use of Product Flexible Manufacturing Technology
Seasonal Inventories And the Use of Product Flexible Manufacturing Technology
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In our eReader you can find the full English version of the book. Read Seasonal Inventories And the Use of Product Flexible Manufacturing Technology Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Seasonal Inventories And the Use of Product Flexible Manufacturing Technology
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If it costs more to carry inventory into a product/period pair in which flexible capacity is used, the firm will purchase more flexible capacity and less capacity dedicated to the other product. The direction of the effects on capacity dedicated to the first product, overall capacity, and production levels depend on the parameter values. Not surprisingly, if it costs more to carry inventory into a product/period pair in which flexible capacity is used, the firm will carry less inventory into su...ch a pair. It will, however, increase its inventory of the other product between the same two periods.
If the price of one of the dedicated capacities increases the firm will purchase less of both kinds of dedicated capacity and more flexible capacity. Production of the product whose dedicated capacity became more expensive will decrease; production of the other product may increase or decrease.
Finally, the derivatives of the optimal objective function value are all consistent with one's intuition about the model.
What to read after Seasonal Inventories And the Use of Product Flexible Manufacturing Technology?
You can find similar books in the "Read Also" column, or choose other free books by Jonathan P Caulkins to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
If it costs more to carry inventory into a product/period pair in which flexible capacity is used, the firm will purchase more flexible capacity and less capacity dedicated to the other product. The direction of the effects on capacity dedicated to the first product, overall capacity, and production levels depend on the parameter values. Not surprisingly, if it costs more to carry inventory into a product/period pair in which flexible capacity is used, the firm will carry less inventory into su...ch a pair. It will, however, increase its inventory of the other product between the same two periods.
If the price of one of the dedicated capacities increases the firm will purchase less of both kinds of dedicated capacity and more flexible capacity. Production of the product whose dedicated capacity became more expensive will decrease; production of the other product may increase or decrease.
Finally, the derivatives of the optimal objective function value are all consistent with one's intuition about the model.
What to read after Seasonal Inventories And the Use of Product Flexible Manufacturing Technology?
You can find similar books in the "Read Also" column, or choose other free books by Jonathan P Caulkins to read onlineMoreLess
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