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Journal ArticleDOI

Optimal Information Production in Product Development Environments: A Model With Simulations

TLDR
The model is validated by formulating its structure on the essential characteristics of the underlying problem domain and suggests that workers' contextual work experience, interactions, and background learning all govern production optimality, although nonuniformly in distinct temporal domains of development.
Abstract
For many organizations today building goods and services over a period of time, the continuous production of documented product development information is necessary for immediate as well as future internalization and reuse. Especially, in an environment where multiple, often geographically dispersed, teams of workers are involved, it becomes imperative that the information be generated in optimally balanced distributions of project resources, so that it can be disseminated and reused efficiently. We introduce in this study a model to address this problem. The model is validated by formulating its structure on the essential characteristics of the underlying problem domain. To simulate development situations where creative human endeavor is more emphasized than automated applications of routine procedures, we use a set of human-centered input decision variables and examine the optimal output production relative to their dynamics and control. Our model is not tied to the characteristics of any individual project per se but can be easily modified and generalized to address other allied types of production situations. Simulations are performed for a variety of practical decision-making scenarios. Our results suggest that workers' contextual work experience, interactions, and background learning all govern production optimality, although nonuniformly in distinct temporal domains of development.

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Journal ArticleDOI

Modelling diffusion for multi-generational product planning strategies using bi-level optimization

TL;DR: Two bi-level models for two-generation product diffusion are proposed to tackle the conflicts of sales and production departments and take profit as the upper level goal and stable production as the lower level goal.
References
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Journal ArticleDOI

Knowledge of the Firm, Combinative Capabilities, and the Replication of Technology

TL;DR: In this paper, the authors argue that what firms do better than markets is the sharing and transfer of the knowledge of individuals and groups within an organization, and that knowledge is held by individuals but is also expressed in regularities by which members cooperate in a social community (i.e., group, organization, or network).
Journal ArticleDOI

Organizational Learning and Communities-of-Practice: Toward a Unified View of Working, Learning, and Innovation

TL;DR: Work, learning, and innovation in the context of actual communities and actual practices are discussed in this paper, where it is argued that the conventional descriptions of jobs mask not only the ways people work, but also significant learning and innovation generated in the informal communities-of-practice in which they work.
Journal ArticleDOI

Rational Expectations and the Theory of Price Movements

John F. Muth
- 01 Jul 1961 - 
TL;DR: In this article, the Stockholm School hypothesis is used to explain how expectations are formed in the context of an isolated market with a fixed production lag, and commodity speculation is introduced into the system.
Book

Economics, Organization and Management

Paul Milgrom, +1 more
TL;DR: In this article, a systematic treatment of the economics of the modern firm is presented, drawing on the insights of a variety of areas in modern economics and other disciplines, but presenting a coherent, consistent, and innovative treatment of central problems in organizations of motivating people and coordinating their activities.
Journal ArticleDOI

Behavioral intention formation in knowledge sharing: examining the roles of extrinsic motivators, social-psychological factors, and organizational climate

TL;DR: It is found that anticipated reciprocal relationships affect individuals' attitudes toward knowledge sharing while both sense of self-worth and organizational climate affect subjective norms, and anticipated extrinsic rewards exert a negative effect on individuals' knowledge-sharing attitudes.
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