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Mehdi Rajabi Asadabadi

optimal inventory policies for the economic order quantity (EOQ) model under conditions of two levels of trade credit and two warehouses in a supply chain system. African Journal of Business Management, 6 (26), 7669. Muhlemann, A. P., & Valtis-Spanopoulos, N. (1980). A variable holding cost rate EOQ model. European Journal of Operational Research, 4 (2), 132. Olsson, F. (2014). Analysis of inventory policies for perishable items with fixed leadtimes and lifetimes. Annals of Operations Research, 217 (1), 399-423. Olsson, F. (2014). Analysis of

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Tomáš Formánek and Radek Tahal

-370. McMullan, R. and Gilmore, A. (2008), “Customer loyalty: an empirical study”, European Journal of Marketing, Vol. 42, No. 9/10, pp. 1084-1094. Meyer-Waarden, L. (2007), “The effects of loyalty programs on customer lifetime duration and share of wallet”, Journal of Retailing , Vol. 83, No. 2, pp. 223-236. Oliver, R.L. (1999), “Whence consumer loyalty?”, The Journal of Marketing , Vol. 63, No. Special issue, pp. 33-44. Reichheld, F.F. (2003), “The one number you need to grow”, Harvard business review , Vol. 81, No. 12, pp. 46-55. Rundle-Thiele, S

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Paul Hanly, Alison Pearce and Linda Sharp

the potential stream of output that could have been produced over the course of a lifetime without premature death (in this case, due to cancer). This method values productivity loss as the present value of foregone future income, with lost income acting as a proxy for lost output ( Berger et al., 2001 ; Tarricone, 2006 ). In a number of seminal studies, Rice (1966 , 1967) calculated disease-related morbidity and mortality costs by assessing illness burden in terms of the flow of goods and services foregone in the US. Further development of this conceptual

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Maureen Maloney and Alma McCarthy

. Neoclassical economists developed lifetime consumption models and regret theory that were used to investigate pension decision-making. Bounded rationality is used to ‘…designate rational choice that takes into account the cognitive limitations of the decision-maker—limitations of both knowledge and computational capacity’ ( Simon, 2008 : 893). Building on the work of Simon, behavioural psychologists and economists argue that heuristics and biases commonly observed in decision-making are evidence of predictable departures from rational choice models. Furthermore, the