On the Learning Benefits of Resource Flexibility
<jats:p> Resource flexibility, arguably among the most celebrated operational concepts, is known to provide firms facing demand uncertainty with such benefits as risk pooling, revenue-maximization optionality, and operational hedging. In this paper, we uncover a heretofore unknown benefit: we...
Main Authors: | , , |
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Other Authors: | |
Format: | Article |
Language: | English |
Published: |
Institute for Operations Research and the Management Sciences (INFORMS)
2022
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Online Access: | https://hdl.handle.net/1721.1/144249 |