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Speed and efficiency — a statistical enquiry of manufacturing industries

✍ Scribed by Jan Holmström

Book ID
103961766
Publisher
Elsevier Science
Year
1995
Tongue
English
Weight
623 KB
Volume
39
Category
Article
ISSN
0925-5273

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✦ Synopsis

An effective use of resources is a determinant for long term competitiveness.

Investment decisions are always affected by the uncertainty of circumstances. It appears, though, that improving speed reduces uncertainty and improves the efficiency of resource allocation. An analysis of industrial statistics supports the notion of a new productivity paradigm with results from a number of distinctly different industries and countries.

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