The objective of this paper is to provide a comparative analysis of demand estimation approaches in the context of yield management. We propose different theoretical modeling approaches for demand estimation. Demand is assumed to be function of price, time and inventory remaining. The proposed...

Japan’s chemical industry is currently amidst mega‐competition in the paradigm shift from an industrial society to an information society that emerged in the 1990s and consequent globalizing economy. The checkered development trajectory of Japan’s chemical industry has resulted in a...

Application of Total Quality Management (TQM) approach has played an important role in the survival and growth of many industries. Indian automobile sector has also adopted TQM path but it is still a player of little consequence in the global auto market. One of the major reasons for dismal...

In view of the changing business environment, Enterprise Resource Planning (ERP) Systems have come to signify a never before opportunity for oganizations to gain a clear edge over their competitors. A review of related literature reveals a gap in research pertaining to evaluation model for ERP...

Consumerism is fast emerging as an environmental force affecting major business decisions as consumers become more aware about their rights. Even though comprehensive staturory measures have been provided in India for curbing unfair business practices, for protecting consumer interest, and for...

This paper describes with the help of a case study how vendor managed inventory (VMI) model managers in real time the dynamic needs of supply chain process. Throughout the supply chain, VMI model is a way to cut inventory related costs and keep inventory levels low. VMI model helps companies to...

Under the new paradigm of an information society, Japan’s institutions did not function as effeciently as they did in an industrial society. Consequently, Japan experienced a vicious cycle between non‐elastic institutions and insufficient utilization of the potential benefits of IT. However,...

Volatility of an asset or a portfolio is one of the most important parameters that are estimated in asset allocation, risk management, options pricing etc. Various approaches have been developed to estimate and forecast the volatility of an asset. These include the conditional volatility...

In this paper we analyze the market reaction to directors’ trades in India and investigate whether the reaction is affected by the nature of trade (purchase or sale), by the type of director making the trade (chief executive officer, managing director, promoters, other executive directors,...

Project management is emerging as a rapidly growing discipline in India. It is appropriate at this stage of globalization of Indian economy to study the current practices and the state of perceptual premises of project managers. This study makes the first attempt to outline the opinions,...