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Book part
Publication date: 1 January 1991

Walter G. Rudd and Bert R. Boyce

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Operations Research for Libraries and Information Agencies: Techniques for the Evaluation of Management Decision Alternatives
Type: Book
ISBN: 978-0-12424-520-4

Book part
Publication date: 17 November 2010

Joanne S. Utley and J. Gaylord May

This study examines the use of forecast combination to improve the accuracy of forecasts of cumulative demand. A forecast combination methodology based on least absolute value…

Abstract

This study examines the use of forecast combination to improve the accuracy of forecasts of cumulative demand. A forecast combination methodology based on least absolute value (LAV) regression analysis is developed and is applied to partially accumulated demand data from an actual manufacturing operation. The accuracy of the proposed model is compared with the accuracy of common alternative approaches that use partial demand data. Results indicate that the proposed methodology outperforms the alternative approaches.

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Advances in Business and Management Forecasting
Type: Book
ISBN: 978-0-85724-201-3

Book part
Publication date: 6 September 2019

Gao Niu, Jeyaraj Vadiveloo and Mengnong Xu

In this chapter, we consider the model of call center incoming call forecasting and staffing-level optimization. We first present the structure of the model and how an agent-based…

Abstract

In this chapter, we consider the model of call center incoming call forecasting and staffing-level optimization. We first present the structure of the model and how an agent-based modeling technique could enrich the decision rule and the model. A matrix layout is introduced to present the model so that it can be understood in an efficient way from the perspective of a programmer. The agent-based queuing model will be used in forecasting. We then utilize the bisection method and stepwise method to optimize the staff level to satisfy a target range service-level criteria. Call center management could use the model in practice for their management forecasting and optimization decision-making process in terms of how many agents they need to achieve the target business efficiency goal.

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Advances in Business and Management Forecasting
Type: Book
ISBN: 978-1-78754-290-7

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Functional Structure and Approximation in Econometrics
Type: Book
ISBN: 978-0-44450-861-4

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Handbook of Transport Modelling
Type: Book
ISBN: 978-0-08-045376-7

Book part
Publication date: 11 November 2019

Malabika Sahoo

Nowadays, structural equation modeling is a buzz word in the arena of research in management, social sciences, and other equivalent fields. Although the theoretical base bears its…

Abstract

Nowadays, structural equation modeling is a buzz word in the arena of research in management, social sciences, and other equivalent fields. Although the theoretical base bears its significance in building the measurement and structural models, assessing different goodness-of-fit indices (GOFI) equally retains its importance for model validity and conformity. There are various alternative GOFI available for the researchers and the threshold values of each differ. The present paper discussed all the well-accepted and reported GOFI and their threshold value, which will be a great help to researchers and practitioners who use structural equation modeling in research. The author has also presented the different GOF values and validity results of her current research carried out in an Indian power transmission organization in Odisha, India.

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Methodological Issues in Management Research: Advances, Challenges, and the Way Ahead
Type: Book
ISBN: 978-1-78973-973-2

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Book part
Publication date: 8 July 2010

Markus Perkmann and André Spicer

Despite a rich extant literature, it is unclear what business models are. We assess three dominant conceptions of business models in the academic literature: as transactional…

Abstract

Despite a rich extant literature, it is unclear what business models are. We assess three dominant conceptions of business models in the academic literature: as transactional structures, value extracting devices, and mechanisms for structuring the organization. To overcome the shortcomings of these approaches, we draw on theories of performativity, social typecasting, and managerial cognition. We propose an alternative conception of business models as performative representations that work in three ways: as narratives that convince, typifications that legitimate, and recipes that guide social action. Rather than actual features of firms, business models are representations that allow managers to articulate and instantiate the value of new technologies.

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Technology and Organization: Essays in Honour of Joan Woodward
Type: Book
ISBN: 978-1-84950-984-8

Book part
Publication date: 10 December 2005

K.J. Euske and Mary A. Malina

If a comprehensive performance model for business is to be useful in an analytic and predictive sense, the model must capture the interrelationships of factors that influence…

Abstract

If a comprehensive performance model for business is to be useful in an analytic and predictive sense, the model must capture the interrelationships of factors that influence organizational performance such as organizational maturity, size, products and services, management systems, industry characteristics, and environmental influences. Flamholtz includes a number of key factors in his model. However, Flamholtz's explication of the factors does call into question some aspects of the model. For instance, Flamholtz explicitly equates level of sales revenue with specific growth stages of the organization and implicitly equates level of sales revenue with the maturity of the organization. Although these factors may be correlated in many organizations, care must be taken so that the comprehensive performance model does not confound key factors.

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Advances in Management Accounting
Type: Book
ISBN: 978-0-76231-243-6

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Modelling the Riskiness in Country Risk Ratings
Type: Book
ISBN: 978-0-44451-837-8

Book part
Publication date: 17 July 2007

Sara A. McComb

The three preceding articles highlight the ongoing research designed to better understand shared mental models and their role in team functioning. In some respects, research…

Abstract

The three preceding articles highlight the ongoing research designed to better understand shared mental models and their role in team functioning. In some respects, research scholars have achieved an integrated view (a.k.a. shared mental models) about the field (e.g., the growing body of empirical research results underscores the important role of the shared mental model construct in effective team functioning). In other respects, our mental models have not converged. Thus, we still need additional conceptual and empirical research to advance the field (e.g., many dimensions of mental models have been identified, but no agreement exists about their validity or the completeness of the list). In this response, I use the similar, divergent, and complementary views presented in the trio of articles by myself, Cannon-Bowers (this volume), and Rentsch and Small (this volume) to demonstrate how the process of scholarship is analogous to the mental model convergence process.

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Multi-Level Issues in Organizations and Time
Type: Book
ISBN: 978-0-7623-1434-8

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