Operational flexibility and financial hedging: complements or substitutes?

DOI10.1287/MNSC.1090.1137MaRDI QIDQ3117293zbMATH OpenOpenAlexFDO

Authors Jiri Chod, Nils Rudi, Jan A. Van Mieghem

Publication date 27 February 2012

Published in Management Science (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1287/mnsc.1090.1137

zbMATH Keywords

postponementfinancial hedgingflexibility risk management

Mathematics Subject Classification ID

Corporate finance (dividends, real options, etc.) (91G50)

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Cited in

(21)

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• Platform flexibility strategies: R\&D investment versus production customization tradeoff
• Managing capacity flexibility in make-to-order production environments
• Combined custom hedging: optimal design, noninsurable exposure, and operational risk management
• Stochastic programming approach to process flexibility design
• Strategic substitutes or complements? The relationship between capacity sharing and postponement flexibility
• On the Integration of Production and Financial Hedging Decisions in Global Markets
• Joint optimal ordering and weather hedging decisions: mean-CVaR model
• Product flexibility of competitive manufactures: the effect of debt financing
• FINANCIAL HEDGING OF OPERATIONAL FLEXIBILITY
• Operations-finance interface models: a literature review and framework
• Subsidy strategy for reserving flexible capacity of emergency supply production
• A framework for adaptive open-pit mining planning under geological uncertainty
• Hedging demand and supply risks in the newsvendor model
• Optimal strategy in managing product quality risk for a <scp>risk‐averse</scp> manufacturer: Prevention or mitigation?
• Integrated operational and financial hedging with capacity reshoring
• Buy now and price later: supply contracts with time-consistent mean-variance financial hedging

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