Journal of Modelling in Management: Volume 17 Issue 4

Challenges in the implementation of circular economy in manufacturing industry

Madhukar Chhimwal, Saurabh Agrawal, Girish Kumar

The circular economy concepts are useful for resource conservation, eliminating waste and enhancing the efficiency of production to improve the sustainability of the system. The…

Prediction of credit risk with an ensemble model: a correlation-based classifier selection approach

Zhibin Xiong, Jun Huang

Ensemble models that combine multiple base classifiers have been widely used to improve prediction performance in credit risk evaluation. However, an arbitrary selection of base…

Assessment of CMMI level of manufacturing industry using fuzzy logic approach: a case study

Tharun Thomas, Saleeshya P.G., Suresh M.

The purpose of this study is to develop a CMMI model for the manufacturing industry and to find an appropriate method to assess the CMMI level. The CMMI level indicates how well…

A parallel-series hybridization of seasonal intelligent based statistical model for demand forecasting

Maryam Bahrami, Mehdi Khashei, Atefeh Amindoust

The purpose of this paper, because of the complexity of demand time series and the need to construct a more accurate hybrid model that can model all relationships in data, is to…

Customer engagement value: process, limitations and future research

Eman Abo ElHamd, Hamed Shamma, Mohamed Saleh, Ehab Elkhodary

The purpose of this paper is to close the gap between the theoretical nature of existing contributions in customer engagement value (CEV) and its need to practically empower…

Analysis of the tendency of transition between segments of green consumer behavior with a Markov chain approach

Aries Susanty, Pradita Yusi Akshinta, M. Mujiya Ulkhaq, Nia Budi Puspitasari

This study aims to determine the number of segments of green consumer behavior on toiletries products, and the tendency of transition between clusters is estimated. This study…

An integrated mathematical model of dynamic production and maintenance planning in pumped-storage hydroelectricity

Farid Asgari, Fariborz Jolai, Farzad Movahedisobhani

Pumped-storage hydroelectricity (PSH) is considered as an effective method to moderate the difference in demand and supply of electricity. This study aims to understanding of the…

Customers’ perceptions of FinTech adaptability in the Islamic banking sector: comparative study on Malaysia and Saudi Arabia

Ibrahim Abiodun Oladapo, Manal Mohammed Hamoudah, Md. Mahmudul Alam, Olawale Rafiu Olaopa, Ruhaini Muda

This paper aims to compare perceptions of Islamic bank customers concerning FinTech services in Malaysia and Saudi Arabia. It also investigates the level to which customers are…

A conceptual framework model for an effective cold food chain management in sustainability environment

Cansu Turan, Yucel Ozturkoglu

There is a large number of perishable foodstuffs produced, stored, distributed and delivered daily around the world. Almost all except for root vegetables are sensitive products…

Analysis of risk spillover effect of copper option in China

Wuyi Ye, Yiqi Wang, Jinhai Zhao

The purpose of this paper is to compare the changes in the risk spillover effects between the copper spot and futures markets before and after the issuance of copper options…

Designing an uncertain bi-objective green leagile capacitated lot sizing problem considering FM/M/C queue system

Masoud Rabbani, Soroush Aghamohamadi Bosjin, Neda Manavizadeh, Hamed Farrokhi-Asl

This paper aims to present a novel bi-objective mathematical model for a production-inventory system under uncertainty.

An analysis of barriers affecting implementation of sustainable supply chain management in electronics industry: a Grey-DEMATEL approach

Rakesh R. Menon, V. Ravi

World over organizations are focusing on sustainable goals, where along with economic success their role in protecting the planet and people are becoming important. Whilst…

Optimal pricing decisions for multichannel healthcare service with differing consemers’ knowledge levels

Feng Yang, Wei Wang, Xiabing Zheng

The purpose of this paper is to establish a stylized model to solve the pricing strategy, resource allocation and consumer surplus problems of multichannel healthcare services.

Knowledge discovery in research on policing strategies: an overview of the past fifty years

Marcio Pereira Basilio, Valdecy Pereira, Max William Coelho Moreira de Oliveira

The insecurity generated, today in various parts of the planet, by the various conflicts that arise in the violence in large cities, has motivated the academy to research the…

Risk analysis of belt and road infrastructure projects using integrated ISM-MICMAC approach

Mohammad Ajmal Nikjow, Li Liang, Qi Xijing, Harshad Sonar

The historic Belt and Road Initiative (BRI) is an economic reform policy proposed by the Chinese Government that focuses on connectivity, improved collaboration and more robust…

Modelling the priority attributes of customer loyalty in Philippine single-dish restaurants

Clotildo Padillo Jr, Noella Go, Pacco Manreal, Samuel Samson, Brian Galli, Kafferine Yamagishi, Michael Angelo Promentilla, Lanndon Ocampo

Despite the growing trend for single-dish restaurants in the Philippines, understanding customer loyalty for this subsector is scarce in the current literature. To address such a…

A scenario-based interval-input output model to analyze the risk of COVID-19 pandemic in port logistics

Bishal Dey Sarkar, Ravi Shankar, Arpan Kumar Kar

Presently, Indian sectors are manifesting a higher level of interdependency and making the economy more vulnerable to human-caused and natural disasters. COVID-19 pandemic creates…

Strategic recommendations for financial technology service development: a comprehensive risk-benefit IPA-Kano analysis

Amalia Suzianti, Fannisa Rahma Haqqi, Safira Nurul Fathia

This study aims to purpose a strategy for Financial Technology (Fintech) service development to increase user adoption of Fintech services.

On the relationship between policy uncertainty and sustainable investing

Imlak Shaikh

In recent times, sustainable investment gaining much attention within the investors’ community and it is broadly driven by environmental, social and governance (ESG) factors. This…

Post-purchase behaviour from customer perceived value of mobile payment services

Ming-Hsiung Hsiao

Mobile payment (MP), near field communication-based particularly, has become one of the future payment tools. This study aims to indicate the difference between consumer users and…

Cost-based transfer pricing with the existence of a direct channel in an integrated supply chain

Jumpei Hamamura

This study aims to analytically explore the economic role of transfer pricing in a vertically integrated supply chain with a direct channel, specifically when it uses cost-based…

Modeling and scheduling hybrid open shops for makespan minimization

Kennedy Anderson Guimarães de Araújo, Tiberius Oliveira e Bonates, Bruno de Athayde Prata

This study aims to address the hybrid open shop problem (HOSP) with respect to the minimization of the overall finishing time or makespan. In the HOSP, we have to process n jobs…

Modelling and analysis of factors for implementation of smart cities: TISM approach

Anita Singh, Ashim Raj Singla

The concept of “Smart Cities” is gaining prominence across the world as a solution to effectively address the issues or impediments faced by cities due to rapid urbanization. The…

Infrastructure investment projects: financing and management mechanisms

Tatiana Yurieva, Liudmila Voropaeva, Maria Beliakova, Natalia Adamchuk

This paper analyses the modern market for project finance, its sectorial structure and main development trends. This study aims to form a constructive diagnostic toolkit for…