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11 results on '"Joglekar, Nitindra"'

1. Furloughing Employees with Uncertain Return? Management of Labor Frictions and Inventory Under Demand Shock.

Author

Tanrisever, Fehmi and Joglekar, Nitindra

Subjects
EMPLOYMENT statistics, EMPLOYMENT furloughs, DESTOCKING, LABOR market, INVENTORY accounting, LEAD time (Supply chain management)
Abstract

We assess how a retailer can manage inventories and labor under an extreme condition such as a temporary negative demand shock due to a pandemic or an economic turmoil. This analysis incorporates labor market frictions whereby firms incur deadweight costs associated with hiring and firing employees, as well as the option to furlough labor. We examine the impact of these frictions on a retail firm's optimal operating policies around inventory level, furlough, and layoffs. We find that labor market frictions condition the inventory and the level of employment in two ways. First, they lead to underinvestment in inventories, which limits recovery and employment in the postshock period. Second, high labor market frictions motivate the firm to conservatively downsize workforce during the negative demand period leading to higher employment, when compared to downsizing without friction. A significant contribution of our study lies in delineating the optimal furlough decisions and quantifying the impact of the furlough option on inventory and labor decisions. We demonstrate the conditions under which it is optimal for the retailer to either (i) fully downsize labor and leverage the furlough option in the labor market, or (ii) maintain excess labor while also opting to furlough a portion of the workforce. During an extreme event such as a temporary negative demand shock, our results highlight the need for a coordinated effort when implementing governmental subsidy policies on alleviating labor and inventory reductions by accounting for labor market frictions and furlough support. [ABSTRACT FROM AUTHOR]

Published
2024
Full Text
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4. Technology readiness levels at 40: A study of state-of-the-art use, challenges, and opportunities

Author

Massachusetts Institute of Technology. Department of Mechanical Engineering, Massachusetts Institute of Technology. Institute for Data, Systems, and Society, Sloan School of Management, Olechowski, Alison L, Eppinger, Steven D, Joglekar, Nitindra, Eppinger, Steven D., Massachusetts Institute of Technology. Department of Mechanical Engineering, Massachusetts Institute of Technology. Institute for Data, Systems, and Society, Sloan School of Management, Olechowski, Alison L, Eppinger, Steven D, Joglekar, Nitindra, and Eppinger, Steven D.

Abstract

The technology readiness level (TRL) scale was introduced by NASA in the 1970s as a tool for assessing the maturity of technologies during complex system development. TRL data have been used to make multi-million dollar technology management decisions in programs such as NASA's Mars Curiosity Rover. This scale is now a de facto standard used for technology assessment and oversight in many industries, from power systems to consumer electronics. Low TRLs have been associated with significantly reduced timeliness and increased costs across a portfolio of US Department of Defense programs. However, anecdotal evidence raises concerns about many of the practices related to TRLs. We study TRL implementations based on semi-structured interviews with employees from seven different organizations and examine documentation collected from industry standards and organizational guidelines related to technology development and demonstration. Our findings consist of 15 challenges observed in TRL implementations that fall into three different categories: system complexity, planning and review, and validity of assessment. We explore research opportunities for these challenges and posit that addressing these opportunities, either singly or in groups, could improve decision processes and performance outcomes in complex engineering projects.

Published
2017

6. Experimental evaluation of rotor motion with radial rub

Author

J. Kim Vandiver., Massachusetts Institute of Technology. Dept. of Mechanical Engineering., Massachusetts Institute of Technology. Dept. of Ocean Engineering, Joglekar, Nitindra R, J. Kim Vandiver., Massachusetts Institute of Technology. Dept. of Mechanical Engineering., Massachusetts Institute of Technology. Dept. of Ocean Engineering, and Joglekar, Nitindra R

Abstract

Thesis (M.S.)--Massachusetts Institute of Technology, Dept. of Ocean Engineering and Dept. of Mechanical Engineering, 1987., Bibliography: leaves 85-86., by Nitindra R. Joglekar., M.S.

Published
2005

8. Performance of Coupled Product Development Activities with a Deadline

Author

Joglekar, Nitindra R., Whitney, Daniel E., Yassine, Ali A., Eppinger, Steven D., Joglekar, Nitindra R., Whitney, Daniel E., Yassine, Ali A., and Eppinger, Steven D.

Abstract

This paper explores the performance of coupled development tasks subject to a deadline constraint by proposing a performance generation model (PGM). The goal of the PGM is to develop insights about optimal strategies (i.e. sequential, concurrent, or overlapped) to manage coupled design tasks that share fixed amount of engineering resources subject to performance and deadline constraints. Model analysis characterizes the solution space for the coupled development problem. The solution space is used to explore the generation of product performance and the associated dynamic forces affecting concurrent development practices. We use these forces to explain conditions under which concurrency is a desirable strategy.

Published
2002

11. Technology readiness levels at 40: A study of state-of-the-art use, challenges, and opportunities

Author

Nitin Joglekar, Alison Olechowski, Steven D. Eppinger, Massachusetts Institute of Technology. Department of Mechanical Engineering, Massachusetts Institute of Technology. Institute for Data, Systems, and Society, Sloan School of Management, Olechowski, Alison L, Eppinger, Steven D, and Joglekar, Nitindra

Subjects
Engineering management, Documentation, R&D management, business.industry, Computer science, Technology readiness level, Technology assessment, Project management, Marketing, business, Anecdotal evidence, Risk management, Technology management
Abstract

The technology readiness level (TRL) scale was introduced by NASA in the 1970s as a tool for assessing the maturity of technologies during complex system development. TRL data have been used to make multi-million dollar technology management decisions in programs such as NASA's Mars Curiosity Rover. This scale is now a de facto standard used for technology assessment and oversight in many industries, from power systems to consumer electronics. Low TRLs have been associated with significantly reduced timeliness and increased costs across a portfolio of US Department of Defense programs. However, anecdotal evidence raises concerns about many of the practices related to TRLs. We study TRL implementations based on semi-structured interviews with employees from seven different organizations and examine documentation collected from industry standards and organizational guidelines related to technology development and demonstration. Our findings consist of 15 challenges observed in TRL implementations that fall into three different categories: system complexity, planning and review, and validity of assessment. We explore research opportunities for these challenges and posit that addressing these opportunities, either singly or in groups, could improve decision processes and performance outcomes in complex engineering projects.

Published
2015

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