• 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