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This paper is the first part of a project that will examine the role of MNCs in the transfer of FMS technology. The paper is the result of a hypotheses generating phase conducted largely through a literature review. Multinational corporations (MNCs) are the principal agents of international...
Persistent link: https://www.econbiz.de/10014043823
the firm's decisions on the innovation level of the new version, the production quantities and prices of both versions … improve both its profit and its innovation level by adopting an appropriate rollover strategy when selling to strategic … existing literature, we see that strategic waiting behavior can accelerate innovation. These analytical insights remain largely …
Persistent link: https://www.econbiz.de/10012838796
The last decade has witnessed a sharp rising trend in environmental awareness and protection in China. Green supply chain management (GSCM) has been regarded as an innovative and effective tool in China for reducing the negative effects that firms have on the environment. However, the extent to...
Persistent link: https://www.econbiz.de/10012906975
The COVID-19 pandemic creates an unseen challenge to the world’s business operations. In order to survive, companies have taken all kinds of measures. However, for SMEs, owing to relatively limited resources, surviving COVID-19 requires innovative measures. In this paper, we examine two...
Persistent link: https://www.econbiz.de/10013250968
This note is concerned with the optimality of an (s; S) policy for a single-item infinite-horizon inventory model when the penalty cost is made-up of two parts: A lump-sum cost independent of the amount of the shortage and a variable cost proportional to the amount of the shortage. Using a...
Persistent link: https://www.econbiz.de/10014198392
Business environments change over time. They are cyclic, show seasonality or just evolve over time. This is certainly true for customer demand. As a result, stationary demand distributions are crude approximations of true customer behavior at best. Yet, most classical stochastic inventory models...
Persistent link: https://www.econbiz.de/10014198970
This paper investigates the dynamic inventory model for the case when production in a period is restricted to a finite set of specified values. The model allows the production rate to be any value in the set (0, P, 2P, ..., mP), where m is a non-negative integer. It is assumed that the setup...
Persistent link: https://www.econbiz.de/10014198992
This paper proposes a new methodology to solve partially observed inventory problems. Generally, these problems have infinitedimensional states that are conditional distribution of the inventory level. Our methodology involves linearizing the state transitions via unnormalized probabilities. It...
Persistent link: https://www.econbiz.de/10014204176
This paper presents an asymptotic analysis of control models governed by stochastic ordinary differential equations. A sufficient condition of near-optimal controls is given based on Ekeland's principle. It is shown that, under some concavity assumptions, the e-maximum condition in terms of the...
Persistent link: https://www.econbiz.de/10014207032
This paper obtains decision and forecast horizons for undiscounted, continuous time one dimensional control systems. Some general conditions for the existence of horizons arising from the constraints imposed on the system are derived by using the optimality principle. These conditions are...
Persistent link: https://www.econbiz.de/10014207035