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Supply chain flexibility is widely seen as one major response to increasing uncertainty and competition in the marketplace. Researches and practioners acknowledge the competitive advantage of supply chain flexibility. However, flexibility is costly. Thus, a match between flexibility and...
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Although algorithmic decision support is omnipresent in many managerial tasks, a lack of algorithm transparency is often stated as a barrier to successful human–machine collaboration. In this paper, we analyze the effects of algorithm transparency on the use of advice from algorithms with...
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This study examines human ordering behavior in service‐level inventory contracts, a class of contracts important in practice. Studies of wholesale price contracts find that people tend to place orders that are suboptimal and biased toward mean demand. Unlike wholesale price contracts,...
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