Manufacturing flexibility and real options: A review

Manufacturing flexibility and real options: A review

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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:
Abstract:

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.

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