536 research outputs found

    Investment incentives and auction design in electricity markets

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    Motivated by the regulatory debate in electricity markets, we seek to understand how market design affects market performance through its impact on investment incentives. For this purpose, we study a two-stage game in which firms choose their capacities under demand uncertainty prior to bidding into the spot market. We analyse a number of different market design elements, including (i) two commonly used auction formats, the uniform-price and discriminatory auctions, (ii) price-caps and (iii) bid duration. We find that, although the discriminatory auction tends to lower prices, this does not imply that investment incentives at the margin are poorer; indeed, under reasonable assumptions on the shape of the demand distribution, the discriminatory auction induces (weakly) stronger investment incentives than the uniform-price format

    Bibliografia arqueolĂČgica de l'Alt Camp (II)

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    Confraries i gremis de la ciutat de Valls,I

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    Bibliografia arqueolĂČgica de l'Alt Camp, IV

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    Bibliografia arqueolĂČgica de l'Alt Camp

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    Lean manual assembly 4.0: A systematic review

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    In a demand context of mass customization, shifting towards the mass personalization of products, assembly operations face the trade-off between highly productive automated systems and flexible manual operators. Novel digital technologies—conceptualized as Industry 4.0—suggest the possibility of simultaneously achieving superior productivity and flexibility. This article aims to address how Industry 4.0 technologies could improve the productivity, flexibility and quality of assembly operations. A systematic literature review was carried out, including 234 peer-reviewed articles from 2010–2020. As a result, the analysis was structured addressing four sets of research questions regarding (1) assembly for mass customization; (2) Industry 4.0 and performance evaluation; (3) Lean production as a starting point for smart factories, and (4) the implications of Industry 4.0 for people in assembly operations. It was found that mass customization brings great complexity that needs to be addressed at different levels from a holistic point of view; that Industry 4.0 offers powerful tools to achieve superior productivity and flexibility in assembly; that Lean is a great starting point for implementing such changes; and that people need to be considered central to Assembly 4.0. Developing methodologies for implementing Industry 4.0 to achieve specific business goals remains an open research topic

    Operator-centred Lean 4.0 framework for flexible assembly lines

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    This article provides a starting point for developing a methodology to successfully implement Industry 4.0 technology for assembly operations. It presents a novel multi-layer human-centred conceptual model in line with Lean philosophy which identifies the assembly operator functions and relates them to other production departments, identifying how they would be affected by incorporating new digital technologies. The model shows that assembly operators would only be directly supported by hardware digital technologies, while the production support departments would mainly employ Industry 4.0 software technologies. The work presented here paves the way for developing a methodology for implementing Lean Assembly 4.0
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