Investment Decisions with Labor Bottlenecsks

This paper analyzes the keep‐versus‐replace decision whee labor shortages act as production bottlenecks, which can be lessened to some degree by employing new labor saving equipment. Additional realism is brought to the analysis by explicit consideration of product demand, learning, and multiple product situations.

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Year of publication:	1986
Authors:	Adelsman, Ron M. ; Kochanowski, Paul S.
Published in:	American Journal of Business. - MCB UP Ltd, ISSN 1935-5181, ZDB-ID 2401319-5. - Vol. 1.1986, 2, p. 55-62
Publisher:	MCB UP Ltd
Subject:	Keep‐versus‐replace decision \| Labor shortages \| Idle‐labor time

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Type of publication:	Article
Type of publication (narrower categories):	review-article
Language:	English
Other identifiers:	10.1108/19355181198600015 [DOI]
Source:	Other ZBW resources

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