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Characterizing the performance of process flexibility structures

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GRADUATE SCHOOL OF BUSINESS
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The objective is to identify preferred flexibility structures in service or manufacturing systems, when demand is random and capacity is finite. Considering a network flow type model as the basis of the analysis, general structural properties of flexibility design pertaining to the marginal values of flexibility and capacity are identified.

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Elsevier

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Operations Research Letters

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10.1016/j.orl.2006.10.002

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