A strategic evaluation of capacity retirements in the steel industry

B C Dangerfield and C A Roberts
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B C Dangerfield: University of Salford
C A Roberts: University of Salford

Journal of the Operational Research Society, 2000, vol. 51, issue 1, 53-60

Abstract: Abstract Over the past twenty-five years there has been a significant reduction in UK iron and steel making capacity. This has happened primarily as a result of a deliberate strategy which places emphasis on maintaining or improving financial performance. An unanticipated but possible scenario of the consequences of this strategy is offered by means of a system dynamics model. It considers both short and long term effects and represents an aid to learning in the face of the complexity which characterises manufacturing operations.

Keywords: system dynamics; strategic planning; production; steel industry (search for similar items in EconPapers)
Date: 2000
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DOI: 10.1057/palgrave.jors.2600902

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