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The dynamical optimal acquisition of automation

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Abstract

The acquisition of automation occurs in response to a variety of organizational goals. It follows that different mathematical models are required to capture an organization's specific incentives. In addition, formulations must differ to reflect the characteristics of the automation being considered. Here, a survey of three models developed by the author is presented that considers the optimal dynamic mix of labor and automation. These models differ with respect to (i) the organizational motivations identified for acquiring the automation, (ii) the purpose and use of the automation under consideration, and (iii) the manner in which the automation is acquired over time.

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Gaimon, C. The dynamical optimal acquisition of automation. Ann Oper Res 3, 59–79 (1985). https://doi.org/10.1007/BF02022059

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