Make-to-Order Vs; Make-to-Stock: The Role of Inventory in Delivery-Time Competition (Classic Reprint)

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9781332268641: Make-to-Order Vs; Make-to-Stock: The Role of Inventory in Delivery-Time Competition (Classic Reprint)
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Excerpt from Make-to-Order Vs; Make-to-Stock: The Role of Inventory in Delivery-Time Competition

The make-to-order versus make-to-inventory question is a fundamental one in organizing and controlling production, but the one that has been subject to relatively little formal modeling in either economics or operations management literatures. One exception is the recent paper by Milgrom and Roberts (1987) that uses a newsboy-type model to formalize the idea that inventories and information about demand are substitutes for one another in production. Their results suggest that firms should employ only one of the two strategies: firms either produce for inventory or produce to order, but not the both.

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This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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Book Description Forgotten Books, United States, 2017. Paperback. Condition: New. Language: English . Brand New Book ***** Print on Demand *****. Excerpt from Make-to-Order Vs; Make-to-Stock: The Role of Inventory in Delivery-Time Competition The make-to-order versus make-to-inventory question is a fundamental one in organizing and controlling production, but the one that has been subject to relatively little formal modeling in either economics or operations management literatures. One exception is the recent paper by Milgrom and Roberts (1987) that uses a newsboy-type model to formalize the idea that inventories and information about demand are substitutes for one another in production. Their results suggest that firms should employ only one of the two strategies: firms either produce for inventory or produce to order, but not the both. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works. Seller Inventory # APC9781332268641

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Book Description Forgotten Books, United States, 2017. Paperback. Condition: New. Language: English . Brand New Book ***** Print on Demand *****.Excerpt from Make-to-Order Vs; Make-to-Stock: The Role of Inventory in Delivery-Time Competition The make-to-order versus make-to-inventory question is a fundamental one in organizing and controlling production, but the one that has been subject to relatively little formal modeling in either economics or operations management literatures. One exception is the recent paper by Milgrom and Roberts (1987) that uses a newsboy-type model to formalize the idea that inventories and information about demand are substitutes for one another in production. Their results suggest that firms should employ only one of the two strategies: firms either produce for inventory or produce to order, but not the both. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works. Seller Inventory # APC9781332268641

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Book Description Forgotten Books, United States, 2017. Paperback. Condition: New. Language: English . This book usually ship within 10-15 business days and we will endeavor to dispatch orders quicker than this where possible. Brand New Book. Excerpt from Make-to-Order Vs; Make-to-Stock: The Role of Inventory in Delivery-Time Competition The make-to-order versus make-to-inventory question is a fundamental one in organizing and controlling production, but the one that has been subject to relatively little formal modeling in either economics or operations management literatures. One exception is the recent paper by Milgrom and Roberts (1987) that uses a newsboy-type model to formalize the idea that inventories and information about demand are substitutes for one another in production. Their results suggest that firms should employ only one of the two strategies: firms either produce for inventory or produce to order, but not the both. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works. Seller Inventory # LIE9781332268641

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