In machine tool assembly several make-to-order products have to be manufactured simultaneously in a multi-stage production system. Due to customer requirements batches are very small. A process plan specifies the neccessary machines, tools, auxiliary devices as well as the operations to be...

We investigate the effects of technological capabilities on firms’ survival chances during market-fusing technological change. Our context is the matured U.S. machine tool industry. During the period of our study, 1975 through 1995, a drastic shift in demand conditions prompted the buyers of...