This paper theoretically and empirically examines the conventional wisdom in procurement management that often portrays supply inspections and supplier plant inspections as substitutes. We develop a theoretical model that focuses on potential internal spillover costs of the buyer receiving low-quality inputs and external spillover costs should low-quality inputs go undetected. Key to our analys...

Farmers’ practices in the management of agricultural landscapes influence biodiversity with implications for livelihoods, ecosystem service provision, and biodiversity conservation. In this study, we examined how smallholding farmers in an agricultureforest mosaic landscape in southwestern Ethiopia manage trees and forests with regard to a few selected ecosystem services and disservices that th...

An inventory of topsoil soil organic carbon (SOC) content in household farms was performed in a village from a red earth region in Jiangxi Province, China in 2003. In this region, the farmland managed by each household is fragmented, consisting of several plots of land that are not necessarily adjacent to each other. A statistical analysis of SOC variation with land use and household management...

Recent years have witnessed phenomenal growth of successful deployments of innovative pricing strategies in a variety of industries. For instance, no company underscores the impact of the Internet on product pricing strategies more than Dell Computers. The price of a product is not fixed on Dell’s Web site; it may change significantly over time. Of course, Dell is not alone in its use of sophis...

Traditional inventory models focus on risk neutral decision makers, i.e., characterizing replenishment strategies that maximize expected total profit, or equivalently, minimize expected total cost over a planning horizon. In this paper, we propose a general framework for incorporating risk aversion in multi-period inventory models as well as multi-period models that coordinate inventory and pri...

by Anna-Lena Sachs : Retail Analytics: Integrated Forecasting and Inventory Management for Perishable Products in Retailing (Lecture Notes in Economics and Mathematical Systems) ISBN : #3319133047 | Date : 2014-12-18 Description : PDF-668c6 | This book addresses the challenging task of demand forecasting and inventory management in retailing. It analyzes how information from point-of-sale scann...

The study analyses the impact of inventory management practices on effectiveness retail stores in Vhembe District, South Africa. A quantitative research design was adopted for study. used a simple random sampling method to collect data from 30 stores. Results survey revealed that tools and techniques like economic order quantity, just-in-time, barcoding software have positive effect performance...