Abstract The Real Options approach to decision-making has been useful in capturing and
valuing the flexibility inherent in many operating decisions that decision makers are faced …

Purpose The paper provides an overview of research published in the innovation and
operations management (IOM) literature on 15 methods for cost management in new …

The fuzzy front end (FFE) of new product development (NPD), ie the phase preceding the
formal product development, is characterized by ill-defined processes, ad-hoc decisions …

Improvement of efficiency and productivity is a contemporary challenge for industrial
organizations. Product modularization is considered a strategic alternative to achieve such …

Variance of demand is one of the inevitable problems in the manufacturing environment.
Market conditions and competition force companies reducing costs. Different approaches …

Inventory financing is crucial to helping businesses survive during an economic crisis—such
as that caused by the COVID-19 pandemic—and supporting economic recovery in the …

Product modularization is considered a strategic alternative supporting companies in their
search for competitive advantages. Such advantages are acceleration of product …

In this paper we consider a multi-period modular design model with fairness concerns. In the
first period, market demand information is unknown and the retailer needs to invest in the …

In this paper, we study the timing decision of airlines' investments in exclusive airport
facilities in the presence of demand ambiguity and competition. We model the investment …

Transformative technologies for producing renewable energy have promising features for
substantial reductions in carbon emissions and environmental footprints of the building …