دانلود مقاله ISI انگلیسی شماره 3500
ترجمه فارسی عنوان مقاله

انتخاب استراتژیک فن آوری های تولید انعطاف پذیر

عنوان انگلیسی
Strategic choice of flexible manufacturing technologies
کد مقاله سال انتشار تعداد صفحات مقاله انگلیسی
3500 2004 5 صفحه PDF
منبع

Publisher : Elsevier - Science Direct (الزویر - ساینس دایرکت)

Journal : International Journal of Production Economics, Volume 91, Issue 3, 18 October 2004, Pages 223–227

ترجمه کلمات کلیدی
- فن آوری های تولید انعطاف پذیر - مدل نظریه بازی
کلمات کلیدی انگلیسی
پیش نمایش مقاله
پیش نمایش مقاله  انتخاب استراتژیک فن آوری های تولید انعطاف پذیر

چکیده انگلیسی

The question addressed is how the strategic choice of flexible manufacturing technologies intensifies and interacts with competition among firms. We focus on the manufacturing flexibility that allows a firm to produce its outputs at shorter expected delivery time. We find that increasing the number of firms will decrease firms’ incentive to acquire more flexible manufacturing technologies.

مقدمه انگلیسی

The purpose of this study is to investigate how the choice of flexible manufacturing technology intensifies and interacts with competition among firms. Flexibility of a manufacturing system lies in its adaptability to a wide range of changing environments that it may encounter. We restrict our attention to a particular aspect of manufacturing flexibility that allows a firm to produce its outputs at shorter expected delivery time. Since a more flexible manufacturing technology is more apt to cope with uncertainty affecting production process as well as supply, our specification does have real-world implications. Since the advent of the flexible manufacturing system (FMS), a substantial amount of literature dealing with manufacturing flexibility has accumulated. It is noticed that most recent literature has focused on the flexibility of changing product design, if not on flexibility of volume. However, an empirical study conducted by Tombak and DeMeyer (1988) indicates that manufacturing managers in Europe and North America are using FMS more for its flexibility in dealing with variations in the production system's inputs. For instance, FMS adopting firms can quickly set up to proceed other jobs if certain raw materials cannot be ready on time. Our study, characterizing manufacturing flexibility in terms of the expected delivery time, thus brings together several types of flexibility that have greater strategic importance but which are less studied in the economic literature. We consider a two-stage game consisting of n identical firms. Each firm must decide first what kind of production technologies to use, and then how much output to produce. A more flexible production technology will allow a firm to produce with shorter expected delivery time. The firm that makes the fastest delivery can sell its products at a regular price, which, to simplify our analysis, is assumed given. Firms who do not deliver first may still sell their products, albeit at a discount price. The solution concept used in our study is subgame-perfect (Nash) equilibrium. Meanwhile, only pure-strategy equilibria are considered. We find that increasing the number of firms will decrease firms’ incentive to acquire more flexible manufacturing technologies. And in a highly concentrated market, increasing the costs of slow delivery will increase firms’ investment in flexible technologies. However, the result is ambiguous when the market is less concentrated. The result obtained in our study, together with earlier results, indicates that there is a linkage between industry concentration and the extent of manufacturing flexibility that firms acquire. The notion of flexibility seems to have been first introduced into the economics literature by Stigler (1939). However, the analysis of flexibility as a strategic variable in oligopolistic contexts does not have a long history. Vives (1986) considers a two-stage oligopoly game where at the first stage firms choose the scale of production (through its capacity choice) for the market clearing stage that follows. In contrast, the aspect of flexibility studied in Röller and Tombak (1990) is about scope, that is the ability to change product design and thus produce different products. They investigate the strategic implications of the production technology choice, between an FMS and an inflexible technology referred to as dedicated equipment (DE), in a duopolistic market with differentiated products. Kim et al. (1992) and Röller and Tombak (1993) provide further extensions. Waller and Christy (1992) also analyze firms’ strategic incentives to acquire product flexibility. In analyzing the strategic choice of flexible production technology, issues involving entry deterrence are investigated in Chang (1993) and Norman and Thisse (1999). Kim et al. (1994) is another relative study, which examines the decision when to switch from a DE technology to an FMS technology. The relationship between the internal structure of a firm and the extent of its technological flexibility was investigated by Gal-Or (2002). This paper proceeds as follows. In Section 2, we develop a simple game-theoretic model of oligopolistic competition and discuss the implications of the equilibrium. We offer some concluding remarks in Section 3.

نتیجه گیری انگلیسی

Some insights have been given into the issues of how the choice of flexible manufacturing technologies intensifies and interacts with competition among firms. While the increasing number of competing firms may lower firms’ incentives to acquire more flexible production technologies, the loss of profits due to not being able to deliver the product first will urge firms on acquisition if the market is concentrated. An interesting extension of the model might involve letting s, the extent of price discount due to consumer preferences change, to be random. Doing so will enable us to understand how a firm's expectation on consumer preferences affects its choice of the flexible manufacturing technologies. Variations on the analysis such as asymmetric firms are worth studying. A more complete analysis would take into account more (if not all) benefits that flexible manufacturing technologies can entail, see e.g. Ariss and Zhang (2002) and Barad and Even Sapir (2003). All of these extensions deserve further study.