The use of radio frequency identification (RFID) in manufacturing process automation is becoming increasingly popular in various industries. However, the integration of RFID with various manufacturing systems is still a challenge. This paper presents the development of a framework for an...

This paper considers how the structure of an open economy determines its flexibility in responding to external shocks. Inter- and intrasectoral reallocation of both expenditures and factors of production are shown to mitigate the consequences of a severe terms-of-trade shock. We demonstrate that...

We distill the main insights from recent trade models on firms' responses to globalisation. Our primary aim is to assess the economic impact and the welfare implications of the resulting reallocation of resources across firms and countries. In so doing, we bring theory into life through the...

A control model for a three-level man–machine production system under random disturbances is considered. The system comprises the factory level, several sections and multiple production units. The factory is faced with manufacturing several different products with planned target amounts at the...

This paper considers how the structure of an open economy determines its flexibility in responding to external shocks. Inter- and intrasectoral reallocation of both expenditures and factors of production are shown to mitigate the consequences of a severe terms-of-trade shock. We demonstrate that...

This paper considers how the structure of an open economy determines its flexibility in responding to external shocks. Inter- and intrasectoral reallocation of both expenditures and factors of production are shown to mitigate the consequences of a severe terms-of-trade shock. We demonstrate that...