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Vehicle supply has traditionally been based on forecast-driven production, and a large fraction of cars has been sold from stock—a practice which incurs considerable cost in terms of stock holding and sales incentives. Derived from successes in other industries, the benefits of responsive...
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Purpose: The purpose of this paper is to understand the context of major projects and their management from an OM perspective; the authors provide a foundation for exploring how the body of work on lean production (the “old” theory) can contribute to the development of major projects (the...
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