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The economics of made-to-order production : theory with applications related to the airframe industry

Author: Thomas R Gulledge; Norman K Womer
Publisher: Berlin ; New York : Springer-Verlag, ©1986.
Series: Lecture notes in economics and mathematical systems, 261.
Edition/Format:   Print book : EnglishView all editions and formats
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Additional Physical Format: Online version:
Gulledge, Thomas R., 1947-
Economics of made-to-order production.
Berlin ; New York : Springer-Verlag, ©1986
(OCoLC)610175565
Document Type: Book
All Authors / Contributors: Thomas R Gulledge; Norman K Womer
ISBN: 0387160558 9780387160559 3540160558 9783540160557
OCLC Number: 13010946
Description: vi, 134 pages : illustrations ; 25 cm.
Contents: I Introduction.- Statement of the Learning Augmented Economic Planning Problem.- Scope and Methodology.- II Historical Perspective.- The Origins of the Learning Curve.- Linking the Progress Function with Economic Theory.- Early Solutions for the Learning Augmented Planning Problem.- III Recent Results in the Analysis of Made-to-Order Production.- General Theoretical Results.- Profit Maximization.- Cost Minimization.- Revenue Maximization.- Comments.- A Refinement of Alchian's Propositions.- A Basic Model for Learning Augmented Production Analysis.- The Basic Model with a Variable Delivery Schedule.- The Production Situation.- The Planning Situation.- A Constant Workforce Policy.- Summary.- The Importance of the Theoretical Framework.- IV Model Applications in the Airframe Industry.- Application to the C141 Airframe Program.- Production Cost Drivers.- The C141 Model.- Empirical Results.- Sensitivity Analyses.- Model Modifications and Extensions.- Sensitivity Analyses.- Application to the F4 Airframe Program.- Summary.- V Two Production Function Model.- The Model Formulation and Solution.- Strategy for Application.- Sensitivity Analyses.- Application to the F102 Airframe Program.- Estimation and Results.- Summary.- VI Discrete Dynamic Cost Models.- A Dynamic Programming Model for Made-to-Order Production.- Simulations with the Dynamic Programming Model.- A Second Dynamic Programming Model for Made-to-Order Production.- A Third Dynamic Programming Model for Made-to-Order Production.- Relationships Among the Three Models.- A Limiting Case.- A Transformation.- An Application of a Discrete Dynamic Model.- Summary.- VII Empirical Production Rate Assessment Models.- Estimating Cost Impacts.- Contractor Behavior.- Summary.- VIII Summary and Conclusions.
Series Title: Lecture notes in economics and mathematical systems, 261.
Responsibility: Thomas R. Gulledge, Jr., Norman K. Womer.

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