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Full-Text Articles in Business
Combining The Learning Curve Concept With Economic Lot Sizing, James C. Goodwin Jr., Jack S. Goodwin
Combining The Learning Curve Concept With Economic Lot Sizing, James C. Goodwin Jr., Jack S. Goodwin
Robins School of Business White Paper Series, 1980-2022
Simple concepts familiar to most operations management students are frequently not integrated as a result of the complexity generated by their combination. This expository note demonstrates a method for combining the economic lot size concept with the learning curve and using a simple computer algorithm for solution purposes. It avoids the traditional trade-off of reality and accuracy for expediency.
Issues And Implications Of Implementing Surcharges To Improve The U.S. Balance Of Trade, J. Patrick Raines, Lewis A. Litteral
Issues And Implications Of Implementing Surcharges To Improve The U.S. Balance Of Trade, J. Patrick Raines, Lewis A. Litteral
Robins School of Business White Paper Series, 1980-2022
Throughout the 1970s and early 1980s, increasing positive balances on the services account provided a substantial offset to negative balances in merchandise trade, and, consequently, the cumulative current balance was a positive $3.8 billion for the period 1970-80. Since 1981, the progressively smaller balances in services have been insufficient to offset the increasingly negative merchandise trade balances. Table 1-1 shows the deterioration in U.S. international accounts during this period.
The Neglected Institutionalism Of Schumpeter's And Knight's Views Of Rationality, J. Patrick Raines, Clarence R. Jung Jr.
The Neglected Institutionalism Of Schumpeter's And Knight's Views Of Rationality, J. Patrick Raines, Clarence R. Jung Jr.
Robins School of Business White Paper Series, 1980-2022
The concept of rationality is both the origination point and the Achilles' heel of the study of human behavior in economics. The rationalist view of human nature is arguably the most pressing issue facing contemporary economics. Fields of knowledge other than economics have developed alternative theories of human activity to the neoclassical's pure economic man. They include Abraham Maslow's hierarchy of needs, Kenneth Boulding's "grants economy," and John Rawls' original position doctrine. Within economics, the Institutionalists have been the leading critics of the assumption that behavior in the economic sphere is rationally directed.
A consensus view of rationality does not …