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Inventory management relies on the economic order quantity (EOQ) and newsvendor models. While the newsvendor model has received much attention in the field of behavioral operations management (BOM), the EOQ problem remains largely untouched. This study presents one of the first empirical...
Persistent link: https://www.econbiz.de/10014344352
This paper studied the impact of multiple, unrelated decisions on behavior in a newsvendor setting. We experimentally study and compare the performance of newsvendors who make two simultaneous newsvendor decisions versus one decision, and find some evidence that individuals who make two...
Persistent link: https://www.econbiz.de/10012903055
In recent years, inventory sharing, in addition to the traditional within-firm model, also appears in the sharing-economy model where different firms can share their inventory via an internet platform. Two prominent issues, shaping the behaviors of inventory sharing systems, are the commitment...
Persistent link: https://www.econbiz.de/10012899909
Persistent link: https://www.econbiz.de/10010340263