scholarly journals Intra-Labour Strategic Commitment

2021 ◽  
Author(s):  
◽  
Matthew Nolan
Keyword(s):  
Adjustment Costs ◽  
Department Store ◽  
Two Stage ◽  
Strategic Investment ◽  
Skilled Labour ◽  
Strategic Commitment ◽  
First Mover Advantage ◽  
The Cost ◽  
First Mover

<p>This thesis explores a strategic investment motive for the choice of skilled labour (management). Using the case study of department store competition, we argue that management is an observable and irreversible input. This allows firms to use it to obtain a first-mover advantage in oligopolistic interactions. We find that, given complementarities of labour inputs, firms will hire excess management relative to the cost-minimising input bundle. This idea is first illustrated with a simple two-stage example. We then show that over-management also holds in a more realistic setting with  infinitely-lived firms facing finite adjustment costs.</p>

scholarly journals Intra-Labour Strategic Commitment

2021 ◽  
Author(s):  
◽  
Matthew Nolan
Keyword(s):  
Adjustment Costs ◽  
Department Store ◽  
Two Stage ◽  
Strategic Investment ◽  
Skilled Labour ◽  
Strategic Commitment ◽  
First Mover Advantage ◽  
The Cost ◽  
First Mover

<p>This thesis explores a strategic investment motive for the choice of skilled labour (management). Using the case study of department store competition, we argue that management is an observable and irreversible input. This allows firms to use it to obtain a first-mover advantage in oligopolistic interactions. We find that, given complementarities of labour inputs, firms will hire excess management relative to the cost-minimising input bundle. This idea is first illustrated with a simple two-stage example. We then show that over-management also holds in a more realistic setting with  infinitely-lived firms facing finite adjustment costs.</p>

scholarly journals The conditional altruist and the Samaritan’s dilemma

2021 ◽  
Vol 57 (1) ◽  
pp. 101-120
Author(s):  
Joselito Sescon
Keyword(s):  
Work Hours ◽  
Altruistic Behavior ◽  
Work Effort ◽  
Sequential Game ◽  
Income Transfers ◽  
First Mover Advantage ◽  
Household Members ◽  
The Cost ◽  
High Effort ◽  
First Mover

The Samaritan’s dilemma refers to any situation in which an actual or expected altruistic behavior of one actor generates an incentive for exploitation on the recipient, such that the altruist suffers a welfare loss beyond the cost of the originally intended transfer. This study hypothesized that the Samaritan’s dilemma condition does (not) apply when the help given is a substitute for (complement to) the effort of the beneficiary to help herself. Using static and sequential game analyses, it is proven that either substitution or complementary condition could arise in the act of giving and receiving help. It is in the substitution condition only that the Samaritan dilemma arises. The players in a sequential game, with the first-mover advantage, can transform the game’s payoffs by setting assistance or work effort at the outset that forces the other player to adjust. Thus, Buchanan’s Samaritan’s dilemma is not a universally strategic outcome in the altruistic acts of giving. The empirical part tested if the Samaritan’s dilemma pervades or not in Philippine households by investigating the effects of expenditures of gifts on work hours. Household total transfers (consumption gifts plus remittances) and household members’ work effort are found substitutes. Thus, the Samaritan’s dilemma equilibrium is implied. However, there is also an implied equilibrium outside that of the Samaritan’s dilemma among high-effort workers: for these theoretically "altruist" workers, the gifts and income transfers are complementary to work hours.

“I am going to educate the industry”: how an advocate became a key competitive resource for the adaptive apparel market

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Kerri McBee-Black ◽  
Jung E. Ha-Brookshire
Keyword(s):  
Competitive Advantage ◽  
Lived Experiences ◽  
Design Methodology ◽  
Content Type ◽  
First Mover Advantage ◽  
Key Resources ◽  
First Mover ◽  
Resource Advantage

PurposeThe goal of this study was to explore the development of the first-of-its-kind mainstream adaptive apparel line for children through the collaboration of an adaptive apparel advocate and an apparel brand.Design/methodology/approachTo achieve this goal, the study used the resource advantage (RA) and first-mover advantage theory to conduct a case study investigating the lived experiences of Mindy Scheier as she created the adaptive apparel movement and collaborated with Tommy Hilfiger® to launch the first-of-its-kind mainstream adaptive apparel line for children.FindingsThe result of the case study revealed two dominant themes: (1) “I am going to educate the entire industry” and (2) “You mean no mainstream brands have done this before?” Using RA theory and first-mover advantage theory, the themes illustrated the advocate's position as a key competitive resource, how she leveraged the key competitive resources with an apparel brand, and subsequently, how the brand, using the advocate as a key competitive resource, established a first-mover advantage in the adaptive apparel market to develop the first-of-its-kind mainstream adaptive apparel line for children in the marketplace.Originality/valueThis study demonstrated how RA theory could be applied to the partnership between an advocate and an apparel firm and how the key resources acquired and utilized by the advocate support a competitive advantage within the adaptive apparel marketplace.

Developing Schedule With Linear Programming (Case Study: STTF II Project Komplek Sukamukti Banjaran)

2020 ◽  
Vol 4 (02) ◽  
pp. 34-45
Author(s):  
Naufal Dzikri Afifi ◽  
Ika Arum Puspita ◽  
Mohammad Deni Akbar
Keyword(s):  
Linear Programming ◽  
Objective Function ◽  
Project Scheduling ◽  
Time Limit ◽  
Minimum Time ◽  
Service Cost ◽  
Trade Off ◽  
Overtime Work ◽  
The Cost

Shift to The Front II Komplek Sukamukti Banjaran Project is one of the projects implemented by one of the companies engaged in telecommunications. In its implementation, each project including Shift to The Front II Komplek Sukamukti Banjaran has a time limit specified in the contract. Project scheduling is an important role in predicting both the cost and time in a project. Every project should be able to complete the project before or just in the time specified in the contract. Delay in a project can be anticipated by accelerating the duration of completion by using the crashing method with the application of linear programming. Linear programming will help iteration in the calculation of crashing because if linear programming not used, iteration will be repeated. The objective function in this scheduling is to minimize the cost. This study aims to find a trade-off between the costs and the minimum time expected to complete this project. The acceleration of the duration of this study was carried out using the addition of 4 hours of overtime work, 3 hours of overtime work, 2 hours of overtime work, and 1 hour of overtime work. The normal time for this project is 35 days with a service fee of Rp. 52,335,690. From the results of the crashing analysis, the alternative chosen is to add 1 hour of overtime to 34 days with a total service cost of Rp. 52,375,492. This acceleration will affect the entire project because there are 33 different locations worked on Shift to The Front II and if all these locations can be accelerated then the duration of completion of the entire project will be effective

Perancangan dan Pembuatan Alat Bantu Meja Putar untuk Mesin Cnc 4 Axis

2016 ◽  
Vol 10 (2) ◽  
pp. 162-171
Author(s):  
Hafid Hafid ◽  
Tatang Sutisna
Keyword(s):  
Processing Time ◽  
Rotary Table ◽  
Engineering Process ◽  
Cnc Machine ◽  
Economical Analysis ◽  
Machining Center ◽  
Design And Manufacturing ◽  
The Cost ◽  
Productivity And Competitiveness

The design and manufacturing of the rotary table with the specification Ø 170 mm (6 inches) for CNC machine 4 axis has been done. The objective of manufacturing a rotary table is to increase the efficiency of CNC machine Hardford 4 axis to be above 80% in line machining center CV. IM’s workshop. The engineering methods was taken, consist of: working preparation, manufacturing of working drawing, engineering process, the manufacturing and testing. The prototype has been tested and operated, the resulting of increasing productivity of which were as follows: the process of assembling was increased to be 3 time ( before 1 time) and processing time for a specific case reduced from 5 hours to 3 hours, number of operators for the case of assembling the rotary reduced to 1 person (before 4 persons), safety and security become to be better. The results show increased efficiency of CNC machine Hardford, from under 50% to be above 80%. Based on the economical analysis obtained by the cost of good sold (C.G.S) of the rotary table is IDR 34.060.000. The results presented in this paper is expected to be case study for developing a business of the metal and engineering SMEs domestic to the effort of improving efficiency, quality, productivity and competitiveness in global market.ABSTRAKPerancangan dan pembuatan alat bantu meja putar (rotary table) dengan spesifikasi teknis Ø 170 mm (6 inci) untuk mesin CNC 4 axis telah dilakukan. Tujuan pembuatan rotary table adalah untuk meningkatkan efisiensi mesin CNC Hardford 4 axis di atas 80% pada line machining center Bengkel CV. IM. Metode rancang bangun yang dilakukan, meliputi: persiapan kerja, pembuatan gambar kerja, proses engineering, pembuatan dan uji coba. Prototip tersebut telah diuji coba dan dioperasikan dengan hasil peningkatan produktivitas sebagai berikut: proses pengerjaan bongkar pasang meningkat menjadi 3 kali (sebelumnya 1 kali) dan waktu pengerjaan untuk kasus tertentu berkurang dari 5 jam menjadi 3 jam, jumlah operator untuk kasus bongkar pasang rotary berkurang menjadi 1 orang (sebelumnya 4 orang), keselamatan kerja dan keamanan menjadi lebih baik. Hasil peningkatan berupa efisiensi mesin CNC Hardford 4 axis dari sebelumnya di bawah 50% menjadi di atas 80%. Berdasarkan hasil perhitungan analisis ekonomi diperoleh harga pokok produksi (HPP) alat bantu meja putar adalah sebesar Rp. 34.060.000. Bahasan ini diharapkan menjadi contoh kasus bagi pengembangan usaha IKM logam dan mesin dalam negeri untuk meningkatkan efisiensi, mutu, produktivitas dan keunggulan daya saing di pasar global.Kata kunci: alat bantu meja putar, mesin CNC, harga pokok produksi

Case Study—Failure Analysis of a Multiplexer

2016 ◽  
Author(s):  
Michael Woo ◽  
Marcos Campos ◽  
Luigi Aranda
Keyword(s):  
Failure Analysis ◽  
High Reliability ◽  
Component Failure ◽  
Root Cause ◽  
Knowing That ◽  
Cause Of Failure ◽  
The Cost

Abstract A component failure has the potential to significantly impact the cost, manufacturing schedule, and/or the perceived reliability of a system, especially if the root cause of the failure is not known. A failure analysis is often key to mitigating the effects of a componentlevel failure to a customer or a system; minimizing schedule slips, minimizing related accrued costs to the customer, and allowing for the completion of the system with confidence that the reliability of the product had not been compromised. This case study will show how a detailed and systemic failure analysis was able to determine the exact cause of failure of a multiplexer in a high-reliability system, which allowed the manufacturer to confidently proceed with production knowing that the failure was not a systemic issue, but rather that it was a random “one time” event.

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