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The Engineering Economist
A Journal Devoted to the Problems of Capital Investment
Volume 50, 2005 - Issue 2
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Original Articles

A Real Options Model for Workforce Cross-Training

David A. Nembhard Harold & Inge Marcus Department of Industrial and Manufacturing Engineering, The Pennsylvania State University, University Park, Pennsylvania, USA
,
Harriet Black Nembhard Harold & Inge Marcus Department of Industrial and Manufacturing Engineering, The Pennsylvania State University, University Park, Pennsylvania, USA
&
Ruwen Qin Harold & Inge Marcus Department of Industrial and Manufacturing Engineering, The Pennsylvania State University, University Park, Pennsylvania, USA
Pages 95-116 | Published online: 24 Feb 2007

Citations (20)

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Read on this site (4)

Jordi Olivella, Albert Corominas & Rafael Pastor. (2013) Task assignment considering cross-training goals and due dates. International Journal of Production Research 51:3, pages 952-962.
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Qian Li, Jun Gong, RichardY.K. Fung & Jiafu Tang. (2012) Multi-objective optimal cross-training configuration models for an assembly cell using non-dominated sorting genetic algorithm-II. International Journal of Computer Integrated Manufacturing 25:11, pages 981-995.
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FredF. Easton. (2011) Cross-training performance in flexible labor scheduling environments. IIE Transactions 43:8, pages 589-603.
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G M Campbell. (2011) A two-stage stochastic program for scheduling and allocating cross-trained workers. Journal of the Operational Research Society 62:6, pages 1038-1047.
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Maureen N. Short & Yolanda Keller-Bell. 2021. Research Anthology on Developing Critical Thinking Skills in Students. Research Anthology on Developing Critical Thinking Skills in Students 97 110 .
Carina Fagefors, Björn Lantz & Peter Rosén. (2020) Creating Short-Term Volume Flexibility in Healthcare Capacity Management. International Journal of Environmental Research and Public Health 17:22, pages 8514.
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Markus Hagemeister & Arturo Rodríguez-Castellanos. (2019) Knowledge acquisition, training, and the firm's performance: A theoretical model of the role of knowledge integration and knowledge options. European Research on Management and Business Economics 25:2, pages 48-53.
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Maureen N. Short & Yolanda Keller-Bell. 2019. Handbook of Research on Promoting Higher-Order Skills and Global Competencies in Life and Work. Handbook of Research on Promoting Higher-Order Skills and Global Competencies in Life and Work 134 147 .
Yongling Gao, Tarik Driouchi & David J. Bennett. (2018) Ambiguity aversion in buyer-seller relationships: A contingent-claims and social network explanation. International Journal of Production Economics 200, pages 50-67.
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Vanesa Barrales-Molina, Francisco Javier Llorens Montes & Leopoldo J Gutierrez-Gutierrez. (2015) Dynamic capabilities, human resources and operating routines. Industrial Management & Data Systems 115:8, pages 1388-1411.
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Ruwen Qin, David A. Nembhard & Walter L. Barnes II. (2015) Workforce flexibility in operations management. Surveys in Operations Research and Management Science 20:1, pages 19-33.
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David A. Nembhard. (2014) Cross training efficiency and flexibility with process change. International Journal of Operations & Production Management 34:11, pages 1417-1439.
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Rui Fernandes, Borges Gouveia & Carlos Pinho. (2013) A real options approach to labour shifts planning under different service level targets. European Journal of Operational Research 231:1, pages 182-189.
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Jun Gong & Miao Yu. (2013) A Multi-objective Cross-training Plan Based on NSGA-II. Journal of Networks 8:10.
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Ling Chai. (2013) Adaptive Image De-noising Algorithm in Intersecting Cortical Model. Journal of Multimedia 8:5.
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Pavaani Thannimalai, Mohammed M. Kadhum, Chin Jeng Feng & Sureswaran Ramadass. (2013) A glimpse of cross training models and workforce scheduling optimization. A glimpse of cross training models and workforce scheduling optimization.
Carmen Abrams & Zane Berge. (2010) Workforce cross training: a re‐emerging trend in tough times. Journal of Workplace Learning 22:8, pages 522-529.
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Ruwen Qin & David A. Nembhard. (2010) Workforce agility for stochastically diffused conditions—A real options perspective. International Journal of Production Economics 125:2, pages 324-334.
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Ming-Guan Huang. (2009) Real options approach-based demand forecasting method for a range of products with highly volatile and correlated demand. European Journal of Operational Research 198:3, pages 867-877.
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Stephen Fiore, Eduardo Salas & Kevin Stagl. 2007. Workforce Cross Training. Workforce Cross Training 155 179 .

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