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In an experimental newsvendor setting we investigate three phenomena: Level behavior ― the decision-maker's average ordering tendency; adjustment behavior ― the tendency to adjust period-to-period order quantities; and observation bias ― the tendency to let the degree of demand feedback...
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Mobile money systems, platforms built and managed by mobile network operators to allow money to be stored as digital currency, have burgeoned in the developing world as a mechanism to transfer money electronically. Mobile money agents exchange cash for electronic value and vice versa, forming...
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The majority of warehouse expenses is driven by labour cost. Therefore, efficient management of labour resources is required. To do so, workforce planning is used to match the workforce capacity with the incoming workload. While doing so, it is often wrongly assumed that each worker has the same...
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