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States that manufacturing lines cannot be used for production during commissioning and that it is therefore always the goal to reduce the necessary efforts to a maximum extent. Starts with a description of the state‐of‐the‐art in this field based on the situation in the automotive industry. Additionally lists RTD fields to overcome these problems. Goes on to present methods and software tools aiming at a tremendous decrease in efforts required today.

The purpose of this paper is to provide an outline of German corporate governance.

The history of the German Corporate Governance Code is highlighted. Then a short overview of the acceptance of the code by companies in practice is given which is based on an empirical survey. This is followed by the most recent changes as well as an overview of the developments of corporate governance in Europe. Finally, a summary of the current discussion of codetermination in terms of company management in Germany is provided.

This appraisal, accompanied by a high degree of approval of the code, shows that, on the one hand, its stipulations partly break with tradition and, on the other hand, have undergone frequent changes: in a period of four years, already four amendments have been made.

The paper offers insight into issues of corporate governance in Germany.