Findings in Operations Science Reported from Shanghai University (The role of business insurance in managing a manufacturer’s product quality risk)
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According to the news editors, the research concluded: "We find that business insurance can substitute and complement with an operational strategy that shares external failure cost or reduces the probability of product defects occurring."
For more information on this research see: The role of business insurance in managing a manufacturer's product quality risk. Operations Research Letters, 2017;45(6):635-641. Operations Research Letters can be contacted at: Elsevier Science Bv, PO Box 211, 1000 Ae
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