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dc.contributor.author
Rippel, Manuel
dc.contributor.author
Schmiester, Johannes
dc.contributor.author
Wandfluh, Matthias
dc.contributor.author
Schönsleben, Paul
dc.contributor.editor
Teti, Roberto
dc.date.accessioned
2021-07-06T08:21:09Z
dc.date.available
2017-06-12T07:07:00Z
dc.date.available
2021-05-26T11:39:15Z
dc.date.available
2021-07-06T08:21:09Z
dc.date.issued
2016
dc.identifier.issn
2212-8271
dc.identifier.other
10.1016/j.procir.2015.12.009
en_US
dc.identifier.uri
http://hdl.handle.net/20.500.11850/117149
dc.identifier.doi
10.3929/ethz-b-000117149
dc.description.abstract
Demand volatility and uncertainty in the business environment lead to an increasing relevance of volume-oriented changeability (VoC) for manufacturing companies. Strategic investment decisions are often based on forecasts and predictions, which more frequently fail to materialize due to obsolete assumptions or unpredictable events with extreme impact. If the production output fluctuates, fixed costs of production plants emerging from these investments result in high variance of unit costs, which has an impact on operational performance. Despite these demand and investment risks, managers on the strategic level must make capacity decisions without endangering the plant's performance both in growth and decline phases. Therefore, the paper conceptualizes building blocks for strategizing VoC of assets in production plants. These building blocks systemize capacity strategies for economical and dynamical up- and downscaling of production output. The paper depicts the impact on financial targets and analyzes contextual requirements and interdependencies with the organizational concept. By means of this decision support concept, managers of the production plant can select and combine interdisciplinary measures for developing an asset management strategy in the face of demand volatility and uncertainty.
en_US
dc.format
application/pdf
en_US
dc.language.iso
en
en_US
dc.publisher
Elsevier
en_US
dc.rights.uri
http://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subject
Decision making
en_US
dc.subject
Management
en_US
dc.subject
Manufacturing
en_US
dc.subject
Uncertainty
en_US
dc.title
Building Blocks for Volume-oriented Changeability of Assets in Production Plants
en_US
dc.type
Conference Paper
dc.rights.license
Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International
dc.date.published
2016-02-19
ethz.book.title
Research and Innovation in Manufacturing: Key Enabling Technologies for the Factories of the Future - Proceedings of the 48th CIRP Conference on Manufacturing Systems
en_US
ethz.journal.title
Procedia CIRP
ethz.journal.volume
41
en_US
ethz.pages.start
15
en_US
ethz.pages.end
20
en_US
ethz.size
6 p.
en_US
ethz.version.deposit
publishedVersion
en_US
ethz.event
48th CIRP Conference on Manufacturing Systems (CIRP CMS 2015)
en_US
ethz.event.location
Ischia, Italy
en_US
ethz.event.date
June 24-26, 2015
en_US
ethz.identifier.wos
ethz.identifier.scopus
ethz.publication.place
Amsterdam
en_US
ethz.publication.status
published
en_US
ethz.leitzahl
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::03326 - Schönsleben, Paul (emeritus)
en_US
ethz.leitzahl.certified
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::03326 - Schönsleben, Paul (emeritus)
ethz.date.deposited
2017-06-12T07:11:59Z
ethz.source
ECIT
ethz.identifier.importid
imp59365473596a457209
ethz.ecitpid
pub:179048
ethz.eth
yes
en_US
ethz.availability
Open access
en_US
ethz.rosetta.installDate
2017-07-18T18:02:03Z
ethz.rosetta.lastUpdated
2022-03-29T10:17:35Z
ethz.rosetta.versionExported
true
ethz.COinS
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