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Flexibility and Adjustment to Information in Sequential Decision Problems
Armin Schmutzler
€ 66.42
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Description for Flexibility and Adjustment to Information in Sequential Decision Problems
Paperback. This work offers a systematic approach to sequential decision problems. The emphasis is on the interplay between irreversibility, uncertainty and information. In particular, it demonstrates how flexibility considerations can be modelled in a general choice-theoretical framework. Series: Lecture Notes in Economics and Mathematical Systems. Num Pages: 206 pages, biography. BIC Classification: K; PBT; PBWH. Category: (P) Professional & Vocational. Dimension: 242 x 170 x 11. Weight in Grams: 371.
1 The Importance of Irreversibility and Learning - Familiar 11 Bxamples Revisited 1. 1 Neoclassical Investment Models: A Brief Survey 11 1. 1. 1 The Standard Neoclassical Investment Theory Model 13 1. 1. 2 The Investment Model with Adjustment Costs 15 1. 1. 3 The Irreversibility of Investment 17 1. 1. 4 Delivery Lags 18 1. 2 Flexible Manufacturing Systems 22 1. 2. 1 Some Basic Facts about Manufacturing 23 1. 2. 2 The Determinants of the Flexibility of Manufacturing Systems 25 1. 2. 3 Manufacturing as a Multiperiod Choice Problem 28 1. 3 Conclusions 30 2 The Role of ... Read more
1 The Importance of Irreversibility and Learning - Familiar 11 Bxamples Revisited 1. 1 Neoclassical Investment Models: A Brief Survey 11 1. 1. 1 The Standard Neoclassical Investment Theory Model 13 1. 1. 2 The Investment Model with Adjustment Costs 15 1. 1. 3 The Irreversibility of Investment 17 1. 1. 4 Delivery Lags 18 1. 2 Flexible Manufacturing Systems 22 1. 2. 1 Some Basic Facts about Manufacturing 23 1. 2. 2 The Determinants of the Flexibility of Manufacturing Systems 25 1. 2. 3 Manufacturing as a Multiperiod Choice Problem 28 1. 3 Conclusions 30 2 The Role of ... Read more
Product Details
Format
Paperback
Publication date
1991
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
206
Condition
New
Series
Lecture Notes in Economics and Mathematical Systems
Number of Pages
198
Place of Publication
Berlin, Germany
ISBN
9783540546450
SKU
V9783540546450
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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