Strategic aspects of flexible production technologies: theory and evidence
Author: Röller, Lars-Hendrik ; Tombak, MihkelINSEAD Area: Economics and Political ScienceIn: Production economics: issues and challenges for the 90s by R. W. Grubbstrom and H. H. Hinterhuber; Elsevier, 1991 Language: EnglishType of document: INSEAD ChapterNote: Please note that no copies are availableAbstract: The paper examines the innovative manufacturing technologies known as "flexible manufacturing systems", beginning with a description of these systems and the industries in which they are used. Several theoretical models which analyze the decision process to invest in FMS are then reviewed. These models illustrate the importance of such market factors as product differentiation, differences in cost and market size, degree of competition, and market dynamics. The second part of the paper presents some new empirical evidence using a database of almost 6000 business units. This empirical evidence is shown to be consistent with the theory| Item type | Current location | Collection | Call number | Status | Date due | Barcode | Item holds |
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Digital Library | Available | BC000498 |
Please note that no copies are available
The paper examines the innovative manufacturing technologies known as "flexible manufacturing systems", beginning with a description of these systems and the industries in which they are used. Several theoretical models which analyze the decision process to invest in FMS are then reviewed. These models illustrate the importance of such market factors as product differentiation, differences in cost and market size, degree of competition, and market dynamics. The second part of the paper presents some new empirical evidence using a database of almost 6000 business units. This empirical evidence is shown to be consistent with the theory
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