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After a characterization of the cost-oriented assembly line balancing problem it will be shown that by loading the stations maximally the cost-oriented optimum can be missed. Instead of loading the stations maximally the criterion two-stations-rule a has to be used. For generating optimal...
Persistent link: https://www.econbiz.de/10005556695
This paper is focused on the solution quality and computing time requirements of heuristic methods for cost-oriented assembly line balancing. It is based on a recent paper (Amen, International Journal of Production Economics 68 (2000), which describes in detail the solution process of existent...
Persistent link: https://www.econbiz.de/10005125666
This paper is concerned with cost-oriented assembly line balancing. This problem occurs especially in the final assembly of automotives, consumer durables or personal computers, where production is still very labour- intensive, and where the wage rates depend on the requirements and...
Persistent link: https://www.econbiz.de/10005062747
effect and a neglect of education. …
Persistent link: https://www.econbiz.de/10005556711
's future income proportionally at all levels of education, leaving the relative return between quality and quantity unaffected …. This result is consistent with historical evidence that longevity began to increase long before education did. Our theory … also casts doubts on recent findings about a positive effect of health on education. This is because health raises the …
Persistent link: https://www.econbiz.de/10005125680
The multiplier theory is still an important analytical tool in many macroeconomic textbooks. For example, a number of textbook authors use the theory to explain the process of growth in goods market by expanding the multiplier process into a geometric series, and thus obtain the route of...
Persistent link: https://www.econbiz.de/10005125655
In this paper, we have obtained closed-form solutions in Cass-Koopmans growth models with heterogeneous agents. The relationship between the form of production function and the dynamics of income distribution is made explicit. We then use this relationship to determine what production structure...
Persistent link: https://www.econbiz.de/10005125654
Research activities have uncertain outcomes. The question asked in this paper is whether or not this uncertainty can be a central piece on the explanation of long run consumption growth paths. More specifically, we inquire how the existence of different research projects, with different degrees...
Persistent link: https://www.econbiz.de/10005125685