Titlebook: Complexity and Resilience in the Social and Ecological Sciences; Eoin Flaherty Book 2019 The Editor(s) (if applicable) and The Author(s) 2

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Valuing Time in Make-to-stock Manufacturing: Calculating the Limits of Time-based Competitionon-optimal inventory levels than at the optimum. We establish limits to time-based competition that demonstrate condition under which slower response may be preferred. To illustrate the methodology, we examine the strategic decisions about response time faced by a manufacturer of truck components.

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