Manufacturing Management in Process Industries: The Impact of Market Conditions and Capital Expenditure on Firm Performance
IEEE Transactions on Engineering Management(2021)
摘要
Process industries operate in commodity markets with low product variety, little product differentiation, and highly capital-intensive manufacturing. Because prices are volatile and demand is uncertain, manufacturing capabilities become the main strategic competitive lever. The purpose of this paper is to evaluate the interplay between market conditions, capital expenditure, manufacturing flexibil...
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关键词
Industries,Investment,Manufacturing,Uncertainty,Companies,Capacity planning
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