Article ID: | iaor20022202 |
Country: | Netherlands |
Volume: | 74 |
Issue: | 1/3 |
Start Page Number: | 213 |
End Page Number: | 224 |
Publication Date: | Jan 2001 |
Journal: | International Journal of Production Economics |
Authors: | Bengtsson Jens |
This paper considers manufacturing flexibility and real options from an industrial engineering/production management perspective. Real options papers are related to different types of manufacturing flexibility in order to show which types are considered and in what way they are considered. Flexibility types not valued with real options and real options without any corresponding manufacturing flexibility type are identified and discussed.