Robust network design
Name
921307206-MIT.pdf
Description
Full printable version
Size
7.01 MB
Format
Adobe PDF
Checksum (MD5)
11bbc90a301addaa9cd3dfbf444f2fe9
Author(s)
Chua, Shui Ying
Advisor(s)
Saurabh Amin and Chris Caplice.
Date Issued
2015
Publisher
Massachusetts Institute of Technology
Abstract
As an equipment manufacturer for the mining and construction industries, Caterpillar's business is heavily impacted by the cyclicality of these two industries. To be competitive in the market while investing prudently to ensure shareholders' value, Caterpillar needs to make capacity decisions with peaks and troughs of the cycles in mind. Through the peaks and troughs of business cycles, the perceptions change from not enough capacity to under-utilization of asset constrained capacity respectively. The purpose of this thesis is to establish a framework that enhances robustness in investment decision-making within the 2-6 year capacity planning horizon. This entails the ability to balance risk and return for the company and account for the cyclical nature of business and other strategic considerations. The project also aims to enhance consistency across stakeholders and introduce an aggregate risk perspective under corporate capital constraint.
Description
Thesis: M.B.A., Massachusetts Institute of Technology, Sloan School of Management, 2015. In conjunction with the Leaders for Global Operations Program at MIT.
Thesis: S.M., Massachusetts Institute of Technology, Department of Civil and Environmental Engineering, 2015. In conjunction with the Leaders for Global Operations Program at MIT.
Cataloged from PDF version of thesis.
Includes bibliographical references (pages 61-63).
Subjects
Sloan School of Management.
Civil and Environmental Engineering.
Leaders for Global Operations Program.
MIT Department
Leaders for Global Operations Program at MIT
Massachusetts Institute of Technology. Department of Civil and Environmental Engineering
Sloan School of Management
Terms of Use
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