Optimal knowledge outsourcing model

doi:10.1016/j.omega.2003.08.001

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Optimal knowledge outsourcing model

2003-12-01

PRE

Arieh Gavious *

Gad Rabinowitz

DOI：10.1016/j.omega.2003.08.001

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Abstract

En 中文

Every organization controls its investments in the development and maintenance of internal knowledge (IK) as opposed to outsourcing this effort, namely, consuming external knowledge (EK). A number of factors involved in this decision, such as the IK learning curve, its associated holding cost, value deterioration rate, value of future IK or cost of purchasing EK. This study proposes a dynamic optimal control model for examining the properties of this problem. Optimal control strategies and steady-state conditions are identified for a number of special cases. Some insightful observations are obtained by studying the solution sensitivity to the underlying assumptions. (C) 2003 Elsevier Ltd. All rights reserved.

Keywords:

knowledge management

maintenance management

optimal control

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