Organizational Nimbleness and Operational Policies : The Case of Optimal Control of Maintenance Under Uncertainty

The speed with which an organization takes action against unplanned failure and scrapping of its capital equipment is used as a measure of organizational nimbleness. Operational decisions at the plant level are studied in the setting of the optimal control model of Kamien and Schwarz for maintenance policy. In this context it is shown how the form of optimal policies at the lower operational levels change, as the degree of nimbleness in decision making at higher echelons of the organization is increased

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Year of publication:	2020
Authors:	Dogramaci, Ali
Other Persons:	Sethi, Suresh (contributor)
Publisher:	[2020]: [S.l.] : SSRN
Subject:	Instandhaltung \| Maintenance policy \| Kontrolltheorie \| Control theory \| Risiko \| Risk

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