A manufacturing company typically has the objective of maximizing the long-term value of its common stock while satisfying its customers. To achieve this, the company might increase the quantity and improve the quality of production. Since the company is operating in a dynamic environment, its policies should be dynamic also, to achieve its objective.
College and Department
BYU ScholarsArchive Citation
John, Abraham, "A Dynamic Model of a Small Manufacturing Company" (1970). Theses and Dissertations. 7140.