MATERIAL REQUIREMENTS PLANNING UNDER UNCERTAINTY

This paper presents a framework for characterizing and studying the uncertainty which can affect inventory investment and service level performance in a material requirements planning (MRP) system. It also presents the results of a simulation experiment which compared two techniques (safety stock and safety lead time) for building inventory to protect against uncertainty. The simulation results disclose consistent differences between the techniques in protecting a representative part against timing and quantity uncertainty in both demand and supply for the part. The paper not only provides some initial insights into the behavior of MRP systems under uncertainty, but also establishes some guidelines for choosing between safety stock and safety lead time.     

DECISION RULES IN PRODUCTION PLANNING UNDER CHANGE-CONSTRAINED SALES*

Alternative decision rules for aggregate production scheduling are specified here under chance-constrained sales and compared with the HMMS model. These rules are evaluated for their performance on the basis of simulated data on sales and it is found that the linear decision rules of the HMMS model can be considerably improved.     

You Wouldn't Like Me When I'm Angry: List Experiment Misreporting*

Objective. List experiment respondents may misreport the number of list items that they associate with in order to associate themselves with a socially desirable test item or to disassociate themselves from a socially undesirable test item. Tests for such misreporting were conducted. Methods. List experiments from the 1991 National Race and Politics Survey, the 2006 Cooperative Congressional Election Study, and the 2008 Cooperative Campaign Analysis Project were analyzed or reviewed. Results. Evidence suggested that some respondents deflated their report more than necessary to avoid association with a socially undesirable test item. Conclusions. List experiments may provide inaccurate estimates of the percentage of the population to which the test item applies, but the direction of bias is predictable.     

Trade, education, and innovation: Prospects for the U.S. economy

This paper examines international trade issues as vital indicators of the economic prospects of the United States and other developed economies. In particular, it challenges misuses of the doctrine of mutual gains from trade and instead argues that comparative advantage does not guarantee increases in benefits to both trading partners—especially when one partner seeks to distort the market mechanism in its favor. In the face of such mercantilist or protectionist practices, efforts to advance innovation, without retaining manufacturing jobs, will not ensure continued prosperity, as the number of jobs entailed in the invention process is small compared with the number of jobs associated with manufacturing an innovative product for mass consumption. These matters call for the urgent rethinking of trade policy by the United States and other developed nations, if they are to balance their imports and exports and ensure continued economic growth.     

A Diamond-Stiglitz approach to the demand for self-protection

The existing research concerning the relationship between risk aversion and prudence and the demand for self-protection assumes that the loss variable follows a Bernoulli distribution, and that changes in the level of self-protection are mean preserving. The analysis here replaces these two very strong conditions with ones which are more general. When doing this, the method of analysis is also significantly modified. This modification includes representing a change in the level of self-protection using the procedure developed by Diamond and Stiglitz (Journal of Economic Theory 8:337-360, 1974) for representing a change in risk. This alternate representation allows the existing findings to be generalized considerably, and also simplifies the analysis.     

Preschoolers' Bistrategic Resource Control,Reconciliation, and Peer Regard

Bistrategic resource control entails using both coercive and prosocial strategies in competition for resources. The present study sought to clarify whether bistrategic involves more than simply using both strategies some of the time. Examining 88 preschoolers' coercion and prosociality over an entire school year, results showed that coercive resource control was used most frequently at the start of the school year, presumably to access resources and establish social dominance. Rates of prosocial resource control increased over the school year, and socially dominant preschoolers showed higher rates compared with peers, presumably to maintain resource control while keeping peers as allies. Socially dominant preschoolers also used reconciliation more often than peers, resulting in higher rates of affiliation between former competitors and more positive peer regard from fall to spring. Findings are discussed in terms of resource control theory and the importance of situating social behaviors within the behavioral and relationship context in which they are embedded.     

Predictors of Antisocial and Prosocial Behavior in an Adolescent Sports Context

This study examined antisocial and prosocial behavior of N = 439 adolescent athletes between 14 and 17 years of age (67 teams). Multi‐level analyses showed that team membership explained 20 and 13 percent of the variance in antisocial and prosocial behavior in the sports context, respectively. The team effects suggest that aggregating antisocial or prosocial adolescents within teams may partially explain differences in antisocial and prosocial behavior among athletes in the sports context. A trend was found toward a relation between higher levels of moral reasoning within teams, and less antisocial behavior in the sports context. Favorable moral atmosphere was positively associated with more prosocial behavior in the sports context. Finally, supportive coach–athlete relationships were associated with both less antisocial and more prosocial behavior in the sports context.