The success of a product in today's global marketplace depends on capabilities of firms in the product's supply chain. Among these capabilities, effective inventory management is a capability necessary to lead in the global marketplace. The chapter provides a discussion of four fundamentals of...

This paper explores rational social learning in which everyone only sees unordered random samples from the action history. In this model, herds need not occur when the distant past can be sampled. If private signal strengths are unbounded and the past is not over-sampled -- not forever affected...