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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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2016
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| 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 |