The Impact of Budget Constraints on Flexible vs. Dedicated Technology Choice

This paper studies the flexible versus dedicated technology choice and capacity investment decisions of a multiproduct firm under demand uncertainty in the presence of budget constraints. The firm operates under a capital budget for financing the capacity investment, and an operating budget, which i...

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Bibliographic Details
Main Authors: BOYABATLI, Onur, LENG, Tiecheng, TOKTAY, L. Beril
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2016
Subjects:
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/3282
https://ink.library.smu.edu.sg/context/lkcsb_research/article/4281/viewcontent/boyabatli_leng_toktay_MS_ImpactBudgetConstraintsFlexible.pdf
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Institution: Singapore Management University
Language: English