This paper presents a discounted cash-flow approach to an inventory model for deteriorating items with the &#10two-parameter Weibull distribution. According to our proposed model, two shortages are considered: back-orders and lost-sales, &#10in which the back-order rate is a varying function of the time when the shortage happens. In general, the demand rate is a linear function of the selling p...

Upselling is a common practice in business that is associated with high profit margin. Yet empirical evidence suggests that upselling is negatively correlated with customer satisfaction. In this paper, we study the relationship between upselling and customer satisfaction in the framework of sales agents’ incentive. On the one hand, sales representatives are motivated to upsell by the monetary i...

OBJECTIVE To examine self service tobacco displays (SSTDs) and youth retail tobacco access by comparing longitudinal illegal tobacco sales rates in three communities in Santa Barbara County, California, that considered or implemented ordinances banning SSTDs. A confirmatory survey was also conducted to substantiate the longitudinal data. DESIGN A longitudinal case study design was utilised. F...

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The study of innovation performance helps to complete the measure of development ability of venture enterprise for college students. The study builds models of Stochastic Frontier Analysis on innovation performance of college students’ venture enterprise by setting up Variable quantity and putting forward a hypothesis. This paper sampled 20 historical data about college students’ venture enterp...

This paper presents a discounted cash-flow approach to an inventory model for deteriorating items with the two-parameter Weibull distribution. According to our proposed model, two shortages are considered: back-orders and lost-sales, in which the back-order rate is a varying function of the time when the shortage happens. In general, the demand rate is a linear function of the selling price...

We investigate an automobile supply chain where a manufacturer and a retailer serve heterogeneous consumers with electric vehicles (EVs) under a government’s price-discount incentive scheme that involves a price discount rate and a subsidy ceiling. We show that the subsidy ceiling is more effective in influencing the optimal wholesale pricing decision of the manufacturer with a higher unit prod...

From Amazon.com to Zfurniture.com, the e-commerce industry is booming. Ecommerce, generally defined as transactions that involve the exchange of goods and services by electronic means [1] , is most commonly transacted via the Internet, a worldwide network of computers and other communications equipment linked by high-speed data lines and wireless systems. [2] The Internet and the World Wide Web...

In the last decade, high profile financial frauds committed by large companies in both developed and developing countries were discovered and reported. This study compares the performance of five popular statistical and machine learning models in detecting financial statement fraud. The research objects are companies which experienced both fraudulent and non-fraudulent financial statements betw...