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Research has demonstrated that people often use decision criteria other than expected profit. This paper uses quot;framingquot; to investigate whether this phenomenon occurs in inventory decisions. Risk reflection is a human decision bias where questions that are framed to emphasize gain often...
Persistent link: https://www.econbiz.de/10012729158
Persistent link: https://www.econbiz.de/10011970055
Order crossover occurs whenever replenishment orders do not arrive in the sequence in which they were placed. This paper argues that order crossover is becoming more prevalent and analyzes the dangers of ignoring it. We present an exact iterative algorithm for computing the distribution of the...
Persistent link: https://www.econbiz.de/10009218791