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We investigate the differences between groups and individuals in newsvendor ordering behavior by a laboratory experiment under the tournament competitive environment. We also study the association between newsvendor decision making and the decision-making styles measured by the General Decision-making Style (GDMS) inventory. We observe that group decision making is not always superior to individual...
To reduce the noise of a horizontal household freezer, a systematic analysis of the composition of noise spectrum was conducted. A freezer with different structures of transition pipes positioned between the capillary tube and evaporator tube was constructed. Using numerical simulations, the effect of the flow condition of the refrigerant in the transition pipe on the noise of the freezer was determined...
Our research aims to extend the literature by empirically investigating a few critical aspects of the Newsvendor decision making problem that have not been studied before. First, we look at the impact of playing the game in a competitive (tournament) environment, where all subjects in the room are ranked by their profits after each round. We also study the impact of incrementally adding "decision...
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