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This paper aims to examine how collaborative supplier development (SD) activities, supplier capabilities and buyer–supplier relationship interrelate in technology-based, luxury product business contexts characterized by small volumes, difficult targets and resource constraints relative to those targets.

Using inductive case research method, the authors investigate multiple embedded cases involving six dyadic buyer–supplier relationships of two luxury product manufacturers in the motorcycle and automotive industries. Each dyad represents an important sub-system for which the buying firm committed significant SD efforts to help the supplier successfully achieve difficult targets.

The analysis reveals how paradoxical tensions might emerge as the firms engage in successful SD activities, which could lead to decreasing relationship commitment ultimately resulting in the termination of the relationship. The authors utilize the “value co-creation and value capture” paradox framework to understand the SD and relationship dynamic and characterize it as developing-leveraging paradox to explain its dualities, i.e. commitment-based SD efforts (increasing value co-creation), and unilateral leveraging of the newly acquired capabilities (increasing value capture) by both the buyer and the supplier. Overemphasis on value capture by one of the exchange partners spurs a detrimental vicious cycle leading to the decline of the relationship.

The study explains the paradoxical dynamics that may emerge in SD activities of innovative, technologically complex, luxury product firms. The findings contribute to the SD literature by highlighting how learnings from SD activities could contribute to the dark sides of buyer–supplier relationship. The technologically complex, luxury product contextual characteristics of the study may limit the generalizability of the study findings.

The study provides novel insights into the emergence and management of paradoxes in buyer–supplier relationships, in terms of virtuous and vicious dynamics of developing-leveraging.

The purpose of this paper is to propose a forecasting model to predict the demand under uncertain environment to control the bullwhip effect (BWE) considering review-period order-up-to level ((R, S)) inventory control policy and its different variants such as (R, βS) (R, γO) and (R, γO, βS) proposed by Jakšič and Rusjan, (2008) and Bandyopadhyay and Bhattacharya (2013).

A hybrid forecasting model has been developed by combining the feature of discrete wavelet transformation (DWT) and an intelligence technique, multi-gene genetic programming (MGGP), denoted as DWT-MGGP. Performance of DWT-MGGP model has been verified under (R, S) inventory control policy considering demand from three different manufacturing companies.

A comparison between DWT-MGGP model and autoregressive integrated moving average forecasting model has been done by estimating forecast error and BWE. Further, this study has been extended with analysing the behaviour of BWE considering different variants of (R, S) policy such as (R,βS) (R, γO) and (R,γO,βS) and found that BWE can be moderated by controlling the inventory smoothing (β) and order smoothing parameters (γ).

This study is limited to different variants of (R, S) inventory control policy. However, this study can be further extended to continuous review policy.

The proposed DWT-MGGP model can be used as a suitable demand forecasting model to control the BWE when (R, S), (R,βS) (R,γO) and (R,γO,βS)inventory control policies are followed for replenishment.

This study analyses the behavior of BWE through controlling the inventory smoothing (β) and order smoothing parameters (γ) when demand is predicted using DWT-MGGP forecasting model and order is estimated using (R, S), (R,βS) (R,γO) and (R,γO,βS) inventory control policies.

This study aims to examine the association between parental financial socialization and life satisfaction and the mediating roles of desirable financial behavior in the association between parental financial socialization and life satisfaction of college students in India. Furthermore, this research also explores the moderating effects of parents’ socioeconomic characteristics (education, income and professions) in the association between parental financial socialization and desirable financial behavior.

A sample of 1,161 college students was collected in India. Parental financial socialization is measured by direct parental teaching in this study. The first stage moderated mediation model is performed to examine the direct and indirect effects through financial behavior of parental financial on life satisfaction as well as the moderating role of parents’ socioeconomic characteristics.

The mediation analysis shows that parental direct teaching is positively associated with young adults’ financial behavior, which in turn contributes to their life satisfaction. Furthermore, this study also finds negative moderation effects of parental education on the association between parental direct teaching and children's financial behavior.

This study extends the knowledge of family financial socialization in the context of India. Moreover, it examines the mediation roles of desirable financial behavior in the association between parental direct teaching and children’s life satisfaction. Furthermore, this paper explores the potential influence of parents’ education, income and professions on children’s financial behavior and life satisfaction.

Agriculture, since time immemorial, has been a major sector in reducing poverty, accelerating economic activities and source of sustainability of a nation. As most of the youth in the 21st century are targeting the youth's career in the non-agricultural sector, attracting and involving the youths in agribusinesses is the need of the hour. In this regard, the research tries to understand the awareness and involvement of youth farmers in agripreneurship in Western Nepal.

Using a structured questionnaire, data were collected from both primary and secondary sources. On the basis of descriptive and inferential analysis, the ordered logit model is employed in the study. The research is based on explanatory research design through identifying farmers' awareness of agriculture entrepreneurship from 324 farmers of Bedkot Municipality, Kanchanpur, Nepal.

Study findings have shown that agricultural knowledge with overall awareness is statistically significant. Ordered logistic regression indicated that sex has somehow influenced technical and entrepreneur skills while agriculture information highly influenced education and training. The result shows that agricultural training is still the requirement of one-fourth of the farmers, whereas another quarter of farmers need subsidies.

The study suggests that in order to enhance awareness, training, subsidy, market management and development program are widely needed. In the backdrop of declining agro-products and food security challenges, the study targets to offer an understanding to policymakers and stakeholders on addressing the dire need of agripreneurship among the youths around the world.

The study summarizes the state of knowledge of agripreneurship of Nepalese farmers, identifies emerging issues and policy implications and priorities for future applied research.

The advancement in modern manufacturing technology generated the need to develop new materials for better wear resistance. The purpose of this paper is to use the Taguchi optimization approach to examine which wear parameter significantly affects weight loss and coefficient of friction for RZ5-TiC composite. It is a simple and efficient method to find performance of wear parameter using minimum experimental runs.

RZ5-TiC composites were prepared using RZ5 as matrix, reinforced with TiC through self-propagating high-temperature synthesis technique. In the present work, an attempt has been made to study the influence of wear parameters like applied load (AL), sliding distance (SD) and Wt.% of TiC (WTC) on responses like weight loss and coefficient of friction of RZ5/TiCp composites. The pin-on-disc apparatus used to conduct abrasive wear test. The wear process parameters are optimized for minimum wear based on L27 Taguchi orthogonal design. The Taguchi technique using design of experiments (DOE) is used to obtain the data. The ANOVA and an orthogonal array are used to examine the influence of wear parameters on responses. The purpose is to examine parametric significances which affect responses.

It observed that wear parameters have the significant influence on responses of RZ5/TiCp composites. The interaction of sliding distance/Wt.% of TiC is observed and found significant influence on both responses. The optimum level of the significant wear parameters is achieved based on the maximum S/N ratio for RZ5/TiCp composites. The optimal interaction for weight loss and coefficient of friction is AL1-SD1-WTC3 and AL3-SD1-WTC3, respectively. Finally, the confirmation test is conducted and the results are obtained within the confidence interval.

The current manuscript provides an optimization of wear parameters using Taguchi approach. The extensive experimental data are used for this purpose and effects of wear parameters on responses are analyzed from the presented results. The results obtained are useful in improving the wear resistance of the RZ5-TiC composite.

The purpose of this paper is to examine the buyer–supplier exchange dynamic in terms of the influence of product and market contingencies on the interfirm connectivity, governance and exchange performance of interconnected dyads in multitier supply chains (MSCs).

Using an inductive approach, the authors analyzed the supply network of a high-end motorcycle manufacturer (OEM). Four sets of “interconnected dyads” constituting four embedded units of analysis were considered, each involving the OEM, its tier 1 and corresponding tier 2 suppliers. These interconnected dyads representing four strategic components and their sub-components offer contrasts in terms of product and market contingencies.

This analysis reveals that product and market contingencies influence patterns of dependence among firms. These in turn impact interfirm connectivity (i.e. structural characteristic), and the degree of contract formalization, collaboration and concentration of decision-making power (i.e. governance characteristics) in the interconnected dyads. The authors also found that structural and governance aspects can have mutual influence, leading to satisfactory or unsatisfactory outcomes. Propositions synthesizing the relationships among the constructs are developed.

The constructs and their underlying relationships need to be further refined if we are to devise hypotheses and validate them at a large-scale empirical level.

This is one of the first studies to explore the influence of business contingencies on the complex buyer–supplier exchange dynamic in MSCs having a “beyond the dyad” perspective. The authors address why and how various types of interconnectivity are developed, and how the interplay among interfirm dependence, connectivity and governance influences the suppliers’ performance in the MSCs.

The purpose of this paper is to explore and examine the different word-of-mouth (WOM) acceptance and diffusion in social brand communities according to the level of self-monitoring.

A web-based experimental design was used. The design consisted of three-mixed design of 2 (type of social networking sites) × 2 (type of online brand communities) × 2 (self-monitoring). ANOVA analysis was conducted.

Findings indicate that the differences in acceptance and diffusion of WOM according to online brand community type, and there was a significant three-way interaction effect. Specifically, people who have high propensity to self-monitor showed greater WOM acceptance in a consumer-driven community in either type of social networking sites while people who have low propensity to self-monitor showed greater WOM diffusion in a consumer-driven community only in interest-based social networking sites.

An important implication is that the social networking sites where brand communities can be placed should be chosen with the full consideration of different desires consumers have in terms of their level of self-monitoring to increase WOM effects.

This paper proposes the self-monitoring tendency as the key factor that predicts WOM effects with revealing the optimal combination of types of social networking sites and online brand communities that is most preferable for consumers with different self-monitoring level.

Today, consumers play an active role in creating, generating and distributing the electronic word of mouth (eWOM) independent of marketers. Customer acquisition through referrals and word of mouth (WOM) has thus become an important goal for firms. In addition, mobile social networks have created valuable opportunities for eWOM. People are now able to discuss products and services of brands with their friends and acquaintances. The purpose of this paper is to examine the influence of eWOM information on consumers’ behavioral intentions in mobile social networks.

This study employed the information adoption model (IAM), theory of reasoned action and social exchange theory to investigate the influence of eWOM information on consumers’ behavioral intentions in mobile social networks. The study used 394 respondents to evaluate the proposed model using SmartPLS software.

Results show that the quality and credibility of eWOM information has a positive direct effect on perceived information usefulness. Attitude toward eWOM information mediates the influence of perceived information usefulness on information adoption. Also, attitude toward eWOM information has a significant positive influence on behavioral intentions, such as purchase intention and forwarding of eWOM information. However, information adoption does not have any significant relationship with the forwarding of eWOM information.

This study seeks to address the dearth of research in the field of mobile social networks, especially regarding eWOM information. The study proposes a new model and empirically validates the hypothesized relationships. This research can serve as a stepping-stone for future research in this field.

This research is one of the first studies focusing on the influence of eWOM information, especially in mobile social networks. The research offers comprehensive and empirically validated factors pertaining to eWOM information in mobile social networks. The results of this study may be useful also for practitioners and managers of online companies.

A new eWOM IAM in mobile social networks is proposed based on information characteristics and consumer behavior. The model is validated afterward.

This study aims to perform a comprehensive investigation to model the thermal characteristics of a coupled conduction-radiation heat transfer in a two-dimensional irregular enclosure including a triangular-shaped heat source.

For this purpose, a promising hybrid technique based on the concepts of blocked-off method, FVM and DOM is developed. The enclosure consists of several horizontal, vertical and oblique walls, and thermal conductivity within the enclosure varies directly with temperature and indirectly with position. To simplify the complex geometry, a promising mathematical model is introduced using blocked-off method. Emitting, absorbing and non-isotropic scattering gray are assumed as the main radiative characteristics of the steady medium.

DOM and FVM are, respectively, applied for solving radiative transfer equation (RTE) and the energy equation, which includes conduction, radiation and heat source terms. The temperature and heat flux distributions are calculated inside the enclosure. For validation, results are compared with previous data reported in the literature under the same conditions. Results and comparisons show that this approach is highly efficient and reliable for complex geometries with coupled conduction-radiation heat transfer. Finally, the effects of thermo-radiative parameters including surface emissivity, extinction coefficient, scattering albedo, asymmetry factor and conduction-radiation parameter on temperature and heat flux distributions are studied.

In this paper, a hybrid numerical method is used to analyze coupled conduction-radiation heat transfer in an irregular geometry. Varying thermal conductivity is included in this analysis. By applying the method, results obtained for temperature and heat flux distributions are presented and also validated by the data provided by several previous papers.

Robot selection is a critical decision-making task frequently experienced in almost every industries. It has become increasingly complex due to availability of large variety of robotic system in the present market with varying configuration, specification and flexibility. Improper selection may yield loss for the company in terms of potential profit as well as productivity. Hence, selection of an appropriate robot to suit a particular industrial application is definitely a challenging task. The paper aims to discuss these issues.

During robot selection, different criteria-attributes need to be taken under consideration. Criteria may be subjective or objective or a combination of both, depending on the situation. Criteria many be conflicting, in the sense that some criteria may require to be of higher value (higher-is-better), i.e. beneficial; while, others should correspond to lower values (lower-is-better), i.e. adverse or non-beneficial. Hence, the situation can be articulated as a multi-criteria decision-making problem. The specialty of Tomada de Decisión Inerativa Multicritero (TODIM) method is that it explores a global measurement of value calculable by the application of the paradigm of non-linear cumulative prospect theory. The method is based on a description, proved by empirical evidence, of how decision makers’ effectively make decisions in the face of risk.

Hence, the present work has aimed to explore the TODIM approach for industrial robot selection. Assuming all criteria have been quantitative in nature; the paper utilizes two different numeric data sets from available literature resource in perspectives of robot selection. Procedural hierarchy and application potential of the TODIM approach has been illustrated in detail in this reporting.

Variety of tools and techniques have already been documented in literature to solve different kinds of industrial decision-making problems; however, it seems that application of TODIM has got limited usage. Hence, application potential of TODIM has been demonstrated here in light of a robot selection problem.