Capacity Reservation for Capital-intensive Technologies: An by Stefan Spinler PDF

By Stefan Spinler

Arguably the critical challenge in operations examine and administration technology (OR/MS) addressed through e-Business is best coordination of offer and de­ mand, together with rate discovery and relief of transactions expenditures of patron­ vendor interactions. In capital-intensive industries like chemical compounds and metal, the out-of-pocket expenditures of extra skill and the chance expenditures of underuti­ lized capability were very important elements riding the expansion of exchanges for making improvements to call for and provide coordination via e-Business systems. Stefan Spinler addresses in his dissertation the most attention-grabbing features of this evolution for OR/MS, the parallel improvement of long term and momentary markets for ability and output, observed via more than a few unique strategies and forwards because the easy mechanisms aiding transac­ tions. it is a interesting learn subject since it builds at the robust framework of actual ideas, whereas connecting on to key operations deci­ sions (capacity making plans, staffing, upkeep, and so on) of the vegetation and applied sciences whose output is the focal point of contracts. From the perspec­ tive of perform, using those contracting mechanisms, as facilitated by way of a brand new breed of B2B exchanges, represents a chance for extra bettering provide chain functionality and capital asset productivity.

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Capacity Reservation for Capital-intensive Technologies: An Options Approach (Lecture Notes in Economics and Mathematical Systems) by Stefan Spinler


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