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Persistent link: https://www.econbiz.de/10014434934
The Russian federal government has recently initiated a fundamental reform of its budget system, encompassing important policy, procedural, and institutional changes. This paper reviews this reform agenda with reference to the experience of industrial countries that over the past two to three...
Persistent link: https://www.econbiz.de/10005768760
The order fill rate is less commonly used than the volume fill rate (most often just denoted fill rate) as a performance measure for inventory control systems. However, in settings where the focus is on filling customer orders rather than total quantities, the order fill rate should be the...
Persistent link: https://www.econbiz.de/10005802233
An important feature in call center modeling is the presence of impatient customers. In this paper we show, using real data, that we can realistically model the patience distribution by the hyperexponential distribution. Since the hyperexponential distribution is a mixture of exponential...
Persistent link: https://www.econbiz.de/10010594385
Traditionally, the inventory across value chain has been linked to customer service level (CSL), i.e., the service level provided by any company between distribution centre (DC) and cash distributor (CD). In order to get closer to the consumer, we need to relook at the traditional approach. With...
Persistent link: https://www.econbiz.de/10010816712
Persistent link: https://www.econbiz.de/10009150511
This paper considers a firm's price and inventory policy when it faces uncertain demand that depends on both price and inventory level. The authors extend the classic newsvendor model by assuming that expected utility maximizing consumers choose between visiting the firm and consuming an...
Persistent link: https://www.econbiz.de/10009191946
Purpose – The purpose of this paper is to develop and empirically test the conditions that describe adjustment velocities to reach equilibrium under Cournot's duopoly model. Design/methodology/approach – The paper uses a vector error correction (VEC) framework as the basis for determining...
Persistent link: https://www.econbiz.de/10004990881
Purpose – The purpose of this paper is to assess service quality of outsourced facility maintenance services (FMS) from end‐user perspective. For this purpose, a two‐dimensional model for service quality in a FMS context is presented. Design/methodology/approach – This paper is based on...
Persistent link: https://www.econbiz.de/10014851858
Purpose – The purpose of this paper is to evaluate the quality of services provided by local authorities (LA) to the public. An FM‐SERVQUAL instrument was developed to meet an appropriate measurement of such services. Design/methodology/approach – The development of FM‐SERVQUAL based on...
Persistent link: https://www.econbiz.de/10014851879