We examine inventory adjustment in the U.S. manufacturing sector using quarterly rmlevel data over the period 1978{97. Our evidence indicates that the inventory investment process is nonlinear and asymmetric, results consistent with a nonconvex adjustment cost structure. The inventory adjustment process di ers over the business cycle: for a given level of excess inventories, rms disinvest more ...

1. Abstract The article considers the variable process control scheme for two dependent process steps with incorrect adjustment. Incorrect adjustment of a process may result in shifts in process mean, ultimately affecting the quality of products. We construct variable sample size and variable sampling interval (VSSI) control charts to effectively monitor the quality variable produced by the fir...

Motivation is assumed to influence behaviors via perceived agency over goal pursuits, but empirical research integrating motivation and action-control processes in social development is close to nonexistent. We applied this perspective to the study of early adolescent friendships by examining motivation for and perceived control (ability and effort) over establishing and maintaining friendships...

Compared with the large body of literature on coping, coping flexibility has received relatively scant research attention, although more such studies have begun to emerge recently. Researchers have conceptualized coping flexibility in diverse ways: as a broad coping repertoire, a well-balanced coping profile, cross-situational variability in strategy deployment, a good strategy-situation fit, o...