Title of article
Policy options for value added to different levels of production
Author/Authors
Anyaeche, C. O. University of Ibadan - Department of Industrial and Production Engineering, Nigeria
From page
61
To page
70
Abstract
This paper presents an analytic procedure for the value added to different production levels with different policy options. The approach is stochastic and thus provides a framework for informed decision-making on productivity growth under uncertainty conditions. The model was applied to data collected from a firm and results recommend that the firm should redevelop if in diversification and systematisation growth stage and right size if in the bureaucratic growth stage.
Keywords
Production levels , Value , added , Strategy , Optimal: Policy option
Journal title
Journal of Industrial Engineering International
Journal title
Journal of Industrial Engineering International
Record number
2584835
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