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The rise and fall of Webvan illustrates the cost of an inflexible strategy.
Mr. Gates, who embraced the tough, principled and inflexible strategy of his mentor, William H. Parker, the former Los Angeles police chief, responded to that climate by stressing discipline in the ranks of his 8,000-strong 8,000-strongenlarging the police presence in the streets andepartmentng nenlargingng thels.
Having an inflexible strategy is simply a bad idea.
For example, when uncertainty regarding eradication is even moderately high, say at the probability of eradication of only p = 0.70, the costs saved (or option value of) employing Strategy 3a over the inflexible Strategy 1 can be as high as US$10.0 million and for Strategy 3b even higher at US$12.0 million.
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Since the EPCs of the flexible strategies are lower than that of the inflexible eradication strategy, it is clear that such strategies should be preferable highlighting their optimality when uncertainty regarding eradication occurs.
In an inflexible capacity strategy, the capacity is limited and independent of the retailer's replenishment decision.
This more inflexible response strategy appears to be shown, for example, by rats with fornix lesions, which nevertheless still display place learning (Eichenbaum et al., 1990).
I'm not here today to announce our final, inflexible, immutable technology strategy.
Oppenheimer argued that specialization in marriage is an inflexible and risky strategy in many different societal contexts.
Therefore, this strategy is somewhat inflexible but may be appropriate for certain patients who eat regularly and may be in need of a simplified approach beyond basal insulin (92, 93).
In fact, when stressful events were encountered in daily life, active-inflexible coping was the dominant strategy employed by Chinese university students perceiving most situations as controllable [ 12].
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com