The strategic value of flexibility in sequential decision making

DOI10.1016/0377-2217(93)E0210-OzbMATH Open0909.90186MaRDI QIDQ1388907FDOQ1388907

Authors: Saifallah Benjaafar, Thomas Morin, Joseph J. Talavage 

Publication date: 1995

Published in: European Journal of Operational Research (Search for Journal in Brave)

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zbMATH Keywords

uncertaintysequential decision makingflexibilitymanufacturingmultiple objectivepart flow control

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Production models (90B30)

Cites Work

• Title not available (Why is that?)
• Title not available (Why is that?)
• Uncertainty, Information, and Sequential Experiments
• Flexibility and Uncertainty
• Decision Making and the Temporal Resolution of Uncertainty
• Models for performance evaluation of flexibility in manufacturing systems
• The Value of Information Given Decision Flexibility
• A Formal, Decision-Theoretic Approach to Flexibility and Robustness

Cited In (5)

• Flexibility and decision making
• A decision rule to minimize daily capital charges in forecasting value-at-risk
• Measuring and designing flexibility as a generalized service degree
• Measuring decision flexibility in production planning
• Endogenous sequencing of firm decisions

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