Journal of Modelling in Management最新文献

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Exploring the missing link:Financial literacy and Cognitive biases in Investment Decisions 探索缺失的环节:投资决策中的金融素养和认知偏差
IF 2.4
Journal of Modelling in Management Pub Date : 2023-11-30 DOI: 10.1108/jm2-11-2022-0266
Muhammad Ashfaq, Attayah Shafique, Viktoriia Selezneva
{"title":"Exploring the missing link:Financial literacy and Cognitive biases in Investment Decisions","authors":"Muhammad Ashfaq, Attayah Shafique, Viktoriia Selezneva","doi":"10.1108/jm2-11-2022-0266","DOIUrl":"https://doi.org/10.1108/jm2-11-2022-0266","url":null,"abstract":"<h3>Purpose</h3>\u0000<p>The purpose of this study is to explore and understand, how strong financial literacy influences the cognitive biases of students in Germany while investing. Second, it also evaluates the most influential cognitive biases that students encounter when undertaking their investment decisions within this environment.</p><!--/ Abstract__block -->\u0000<h3>Design/methodology/approach</h3>\u0000<p>A quantitative approach is used to assess the relationship between financial literacy and students’ investment-related cognitive biases by using the frameworks proposed by Clercq (2019) and Pompian (2012).</p><!--/ Abstract__block -->\u0000<h3>Findings</h3>\u0000<p>The results advocate that the students’ financial literacy positively impacts their cognitive biases within the investment process. It additionally revealed the most significant biases regarding students’ investment decision-making and proposed the possible reasons behind their behavioral distortions.</p><!--/ Abstract__block -->\u0000<h3>Research limitations/implications</h3>\u0000<p>The study provides a detailed review of the behavioral tendencies of the younger generation while investing and creates recommendations for prospective researchers.</p><!--/ Abstract__block -->\u0000<h3>Originality/value</h3>\u0000<p>This research lies at the junction of the behavioral finance field, suggesting that it assists in developing a theoretical framework of cognitive biases within students’ financial decisions. Furthermore, it serves as an addition to the financial management subject course that would provide valuable insights about, first and foremost, financial literacy and subsequently, the theory behind the investment process.</p><!--/ Abstract__block -->","PeriodicalId":16349,"journal":{"name":"Journal of Modelling in Management","volume":"117 2","pages":""},"PeriodicalIF":2.4,"publicationDate":"2023-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138494593","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Green hospital practices on patient’s satisfaction in Indonesian hospital: medical specialist department case investigation 印尼医院绿色医院实践对患者满意度的影响:医学专科病例调查
IF 2.4
Journal of Modelling in Management Pub Date : 2023-11-22 DOI: 10.1108/jm2-05-2023-0108
Ngatindriatun Ngatindriatun, Muhammad Alfarizi, Rafialdo Arifian
{"title":"Green hospital practices on patient’s satisfaction in Indonesian hospital: medical specialist department case investigation","authors":"Ngatindriatun Ngatindriatun, Muhammad Alfarizi, Rafialdo Arifian","doi":"10.1108/jm2-05-2023-0108","DOIUrl":"https://doi.org/10.1108/jm2-05-2023-0108","url":null,"abstract":"<h3>Purpose</h3>\u0000<p>This study aims to explore the empirical correlation between patient flow issues, quality of green health services and patient satisfaction in specialist medical department factors from patients’ perspectives as service consumers.</p><!--/ Abstract__block -->\u0000<h3>Design/methodology/approach</h3>\u0000<p>This research is a type of nonintervention empirical research that uses an open survey to explore the views and experiences of users of specialist medical department services. The targeted population is hospital patients included in the top five national PERSI (Indonesian Hospital Association) Award 2022 Green Hospital Category, with a total number of respondents of 572 people. This study uses the partial least square-structural equation modeling analysis method with the SmartPLS application.</p><!--/ Abstract__block -->\u0000<h3>Findings</h3>\u0000<p>Patient flow problems generally affect the quality of eco-friendly health services, except for the waiting time problem, which affects service quality. It should be understood as a top priority for patients to receive services from medical specialists without risking time as a core service aspect from the patient’s perspective. In addition, all variables in eco-friendly hospital services affect patient satisfaction, except in the case of visits to specialist medical departments, which do not affect medical support services and hospital practices that are responsive to the delivery of care services resulting from medical support services that are inseparable in integrated services as well as health care following medical ethics.</p><!--/ Abstract__block -->\u0000<h3>Originality/value</h3>\u0000<p>This study has a novelty in understanding the implications of green practice in determining patient satisfaction in medical specialist department as the epicenter of hospital services and the main object of assessment for the quality of hospital services.</p><!--/ Abstract__block -->","PeriodicalId":16349,"journal":{"name":"Journal of Modelling in Management","volume":"117 3","pages":""},"PeriodicalIF":2.4,"publicationDate":"2023-11-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138494592","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
A fuzzy multiobjective linear programming approach for green multiechelon distribution network design 绿色多级配电网设计的模糊多目标线性规划方法
IF 2.4
Journal of Modelling in Management Pub Date : 2023-11-21 DOI: 10.1108/jm2-05-2023-0101
Pham Duc Tai, Krit Jinawat, Jirachai Buddhakulsomsiri
{"title":"A fuzzy multiobjective linear programming approach for green multiechelon distribution network design","authors":"Pham Duc Tai, Krit Jinawat, Jirachai Buddhakulsomsiri","doi":"10.1108/jm2-05-2023-0101","DOIUrl":"https://doi.org/10.1108/jm2-05-2023-0101","url":null,"abstract":"<h3>Purpose</h3>\u0000<p>Distribution network design involves a set of strategic decisions in supply chains because of their long-term impacts on the total logistics cost and environment. To incorporate a trade-off between financial and environmental aspects of these decisions, this paper aims to determine an optimal location, among candidate locations, of a new logistics center, its capacity, as well as optimal network flows for an existing distribution network, while concurrently minimizing the total logistics cost and gas emission. In addition, uncertainty in transportation and warehousing costs are considered.</p><!--/ Abstract__block -->\u0000<h3>Design/methodology/approach</h3>\u0000<p>The problem is formulated as a fuzzy multiobjective mathematical model. The effectiveness of this model is demonstrated using an industrial case study. The problem instance is a four-echelon distribution network with 22 products and a planning horizon of 20 periods. The model is solved by using the min–max and augmented <em>ε</em>-constraint methods with CPLEX as the solver. In addition to illustrating model’s applicability, the effect of choosing a new warehouse in the model is investigated through a scenario analysis.</p><!--/ Abstract__block -->\u0000<h3>Findings</h3>\u0000<p>For the applicability of the model, the results indicate that the augmented <em>ε</em>-constraint approach provides a set of Pareto solutions, which represents the ideal trade-off between the total logistics cost and gas emission. Through a case study problem instance, the augmented <em>ε</em>-constraint approach is recommended for similar network design problems. From a scenario analysis, when the operational cost of the new warehouse is within a specific fraction of the warehousing cost of third-party warehouses, the solution with the new warehouse outperforms that without the new warehouse with respective to financial and environmental objectives.</p><!--/ Abstract__block -->\u0000<h3>Originality/value</h3>\u0000<p>The proposed model is an effective decision support tool for management, who would like to assess the impact of network planning decisions on the performance of their supply chains with respect to both financial and environmental aspects under uncertainty.</p><!--/ Abstract__block -->","PeriodicalId":16349,"journal":{"name":"Journal of Modelling in Management","volume":"117 5","pages":""},"PeriodicalIF":2.4,"publicationDate":"2023-11-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138494590","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Modeling barriers to social responsibility accounting (SRA) and ranking its implementation strategies to support sustainable performance – a study in an emerging market 对社会责任会计(SRA)的障碍进行建模,并对其实施策略进行排名,以支持可持续绩效——一项在新兴市场的研究
IF 2.4
Journal of Modelling in Management Pub Date : 2023-11-20 DOI: 10.1108/jm2-12-2022-0287
Ahmad Khodamipour, Hassan Yazdifar, Mahdi Askari Shahamabad, Parvin Khajavi
{"title":"Modeling barriers to social responsibility accounting (SRA) and ranking its implementation strategies to support sustainable performance – a study in an emerging market","authors":"Ahmad Khodamipour, Hassan Yazdifar, Mahdi Askari Shahamabad, Parvin Khajavi","doi":"10.1108/jm2-12-2022-0287","DOIUrl":"https://doi.org/10.1108/jm2-12-2022-0287","url":null,"abstract":"&lt;h3&gt;Purpose&lt;/h3&gt;\u0000&lt;p&gt;Today, with the increasing involvement of the environment and human beings business units, paying attention to fulfilling social responsibility obligations while making a profit has become increasingly necessary for achieving sustainable development goals. Attention to profit by organizations should not be without regard to their social and environmental performance. Social responsibility accounting (SRA) is an approach that can pay more attention to the social and environmental performance of companies, but it has many barriers. Therefore, the purpose of this study is to identify barriers to SRA implementation and provide strategies to overcome these barriers.&lt;/p&gt;&lt;!--/ Abstract__block --&gt;\u0000&lt;h3&gt;Design/methodology/approach&lt;/h3&gt;\u0000&lt;p&gt;In this study, the authors identify barriers to social responsibility accounting implementation and provide strategies to overcome these barriers. By literature review, 12 barriers and seven strategies were identified and approved using the opinions of six academic experts. Interpretive structural modeling (ISM) has been used to identify significant barriers and find textual relationships between them. The fuzzy technique for order performance by similarity to ideal solution (TOPSIS) method has been used to identify and rank strategies for overcoming these barriers. This study was undertaken in Iran (an emerging market). The data has been gathered from 18 experts selected using purposive sampling and included CEOs of the organization, senior accountants and active researchers well familiar with the field of social responsibility accounting.&lt;/p&gt;&lt;!--/ Abstract__block --&gt;\u0000&lt;h3&gt;Findings&lt;/h3&gt;\u0000&lt;p&gt;Based on the results of this study, the cultural differences barrier was introduced as the primary and underlying barrier of the social responsibility accounting barriers model. At the next level, barriers such as “lack of public awareness of the importance of social responsibility accounting, lack of social responsibility accounting implementation regulations and organization size” are significant barriers to social responsibility accounting implementation. Removing these barriers will help remove other barriers in this direction. In addition, the results of the TOPSIS method showed that “mandatory regulations, the introduction of guidelines and social responsibility accounting standards,” “regulatory developments and government incentive schemes to implement social responsibility accounting,” as well as “increasing public awareness of the benefits of social responsibility accounting” are some of the essential social responsibility accounting implementation strategies.&lt;/p&gt;&lt;!--/ Abstract__block --&gt;\u0000&lt;h3&gt;Practical implications&lt;/h3&gt;\u0000&lt;p&gt;The findings of the study have implications for both professional accounting bodies for developing the necessary standards and for policymakers for adopting policies that facilitate the implementation of social responsibility accounting to achieve sustainability.&lt;/p&gt;&lt;!--/ Abstract__block ","PeriodicalId":16349,"journal":{"name":"Journal of Modelling in Management","volume":"117 4","pages":""},"PeriodicalIF":2.4,"publicationDate":"2023-11-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138494591","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
An inventory model of e-marketplace with a promotional program 带有促销计划的电子市场库存模式
IF 2.4
Journal of Modelling in Management Pub Date : 2023-11-20 DOI: 10.1108/jm2-01-2023-0011
Md Rakibul Hasan, Yosef Daryanto, Chefi Triki, Adel Elomri
{"title":"An inventory model of e-marketplace with a promotional program","authors":"Md Rakibul Hasan, Yosef Daryanto, Chefi Triki, Adel Elomri","doi":"10.1108/jm2-01-2023-0011","DOIUrl":"https://doi.org/10.1108/jm2-01-2023-0011","url":null,"abstract":"<h3>Purpose</h3>\u0000<p>The rapidly growing e-commerce industry with its special characteristics brings new challenges to the optimization of the supply chain and inventory management. This study aims to investigate the inventory-related optimization of an e-marketplace official store that works on a business-to-customer system when cashback promotion is used to attract more customers. Also, it proposes a new inventory model to maximize the e-commerce profit by optimizing the cashback amount and delivery period.</p><!--/ Abstract__block -->\u0000<h3>Design/methodology/approach</h3>\u0000<p>The proposed model assumes that customer demand is a function of price and delivery time and that price is affected by the cashback amount. The e-commerce operator has a profit-sharing contract with an e-payment company that facilitates the payment. E-commerce also builds collaboration under a cost-sharing contract with a supplier to ensure product delivery. A mathematical model is developed and the related theories are investigated. A numerical example illustrates the validity of the model and a sensitivity analysis is carried out to give useful insights.</p><!--/ Abstract__block -->\u0000<h3>Findings</h3>\u0000<p>A new inventory model for an e-market system has been introduced which shows the impact of a cashback promotion on the e-commerce business. This study shows that managers can optimize the cashback amount and its delivery time to get the maximum profit. In certain cases, the manager may set a high cashback amount (e.g. 100%) to attract customers to place more orders.</p><!--/ Abstract__block -->\u0000<h3>Originality/value</h3>\u0000<p>This study presents a new inventory model for today’s fast-growing e-commerce business; therefore, the results contribute to the understanding of promotion program practices and inventory management and provide insights to develop efficient e-commerce managerial decisions.</p><!--/ Abstract__block -->\u0000<h3>Graphical abstract</h3>\u0000<p><img alt=\"\" data-src=\"/insight/proxy/img?link=/resource/id/urn:emeraldgroup.com:asset:id:article:10_1108_JM2-01-2023-0011/\" src=\"/insight/static/img/emerald-loading-wide-xl.gif\"/></p><!--/ Abstract__block -->","PeriodicalId":16349,"journal":{"name":"Journal of Modelling in Management","volume":"117 6","pages":""},"PeriodicalIF":2.4,"publicationDate":"2023-11-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138494589","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Stock market volatility: a systematic review 股票市场波动:系统回顾
Journal of Modelling in Management Pub Date : 2023-11-14 DOI: 10.1108/jm2-04-2023-0080
Barkha Dhingra, Shallu Batra, Vaibhav Aggarwal, Mahender Yadav, Pankaj Kumar
{"title":"Stock market volatility: a systematic review","authors":"Barkha Dhingra, Shallu Batra, Vaibhav Aggarwal, Mahender Yadav, Pankaj Kumar","doi":"10.1108/jm2-04-2023-0080","DOIUrl":"https://doi.org/10.1108/jm2-04-2023-0080","url":null,"abstract":"Purpose The increasing globalization and technological advancements have increased the information spillover on stock markets from various variables. However, there is a dearth of a comprehensive review of how stock market volatility is influenced by macro and firm-level factors. Therefore, this study aims to fill this gap by systematically reviewing the major factors impacting stock market volatility. Design/methodology/approach This study uses a combination of bibliometric and systematic literature review techniques. A data set of 54 articles published in quality journals from the Australian Business Deans Council (ABDC) list is gathered from the Scopus database. This data set is used to determine the leading contributors and contributions. The content analysis of these articles sheds light on the factors influencing market volatility and the potential research directions in this subject area. Findings The findings show that researchers in this sector are becoming more interested in studying the association of stock markets with “cryptocurrencies” and “bitcoin” during “COVID-19.” The outcomes of this study indicate that most studies found oil prices, policy uncertainty and investor sentiments have a significant impact on market volatility. However, there were mixed results on the impact of institutional flows and algorithmic trading on stock volatility, and a consensus cannot be established. This study also identifies the gaps and paves the way for future research in this subject area. Originality/value This paper fills the gap in the existing literature by comprehensively reviewing the articles on major factors impacting stock market volatility highlighting the theoretical relationship and empirical results.","PeriodicalId":16349,"journal":{"name":"Journal of Modelling in Management","volume":"16 3","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134991397","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
An artificial bee colony algorithm for medical goods distribution and pharmacological waste collection by hybrid vehicles considering environmental criteria 考虑环境标准的混合动力汽车医疗物资配送和药物废物收集的人工蜂群算法
Journal of Modelling in Management Pub Date : 2023-11-06 DOI: 10.1108/jm2-04-2022-0100
Javad Behnamian, Z. Kiani
{"title":"An artificial bee colony algorithm for medical goods distribution and pharmacological waste collection by hybrid vehicles considering environmental criteria","authors":"Javad Behnamian, Z. Kiani","doi":"10.1108/jm2-04-2022-0100","DOIUrl":"https://doi.org/10.1108/jm2-04-2022-0100","url":null,"abstract":"Purpose This paper aims to focus on a medical goods distribution problem and pharmacological waste collection by plug-in hybrid vehicles with some real-world restrictions. In this research, considering alternative energy sources and simultaneous pickup and delivery led to a decrease in greenhouse gas emissions and distribution costs, respectively. Design/methodology/approach Here, this problem has been modeled as mixed-integer linear programming with the traveling and energy consumption costs objective function. The GAMS was used for model-solving in small-size instances. Because the problem in this research is an NP-hard problem and solving real-size problems in a reasonable time is impossible, in this study, the artificial bee colony algorithm is used. Findings Then, the algorithm results are compared with a simulated annealing algorithm that recently was proposed in the literature. Finally, the results obtained from the exact solution and metaheuristic algorithms are compared, analyzed and reported. The results showed that the artificial bee colony algorithm has a good performance. Originality/value In this paper, medical goods distribution with pharmacological waste collection is studied. The paper was focused on plug-in hybrid vehicles with simultaneous pickup and delivery. The problem was modeled with environmental criteria. The traveling and energy consumption costs are considered as an objective function.","PeriodicalId":16349,"journal":{"name":"Journal of Modelling in Management","volume":"83 S1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135585041","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Fostering supply chain agility by prominent enablers’ identification and developing conceptual modeling based on the ISM-MICMAC approach 通过突出的推动者识别和基于ISM-MICMAC方法开发概念建模来促进供应链敏捷性
Journal of Modelling in Management Pub Date : 2023-11-01 DOI: 10.1108/jm2-01-2023-0002
Yesim Can Saglam
{"title":"Fostering supply chain agility by prominent enablers’ identification and developing conceptual modeling based on the ISM-MICMAC approach","authors":"Yesim Can Saglam","doi":"10.1108/jm2-01-2023-0002","DOIUrl":"https://doi.org/10.1108/jm2-01-2023-0002","url":null,"abstract":"Purpose Today’s marketplace has witnessed intense competitive pressures and high levels of uncertainty and disruption. Therefore, supply chains require agility to obtain a sustainable competitive advantage and cope with uncertainties as well as disruptions. Although a wide range of studies exists on supply chain agility (SCA) from the perspective of antecedents or consequences, there is little research on the investigation of enablers of SCA and their relations among them. Furthermore, the literature has investigated proactive and reactive enablers for enhancing SCA, but most studies have not sufficiently framed their analysis of both aspects synchronically. This paper aims to find out the interrelationships among the proactive and reactive enablers for enhancing SCA. Design/methodology/approach An extensive literature review has been conducted to identify SCA enablers and a Delphi study has been performed to elucidate SCA enablers in the manufacturing industry in Turkey. Interpretive structural modeling (ISM) has been used to identify the contextual relationship among the SCA enablers, and the model has been validated based on Matriced Impact Croises Multiplication Appliquee a un Classement (MICMAC) analysis. Findings On theoretical and practical levels, the proposed ISM model in this study can help organizations analyze and interpret interrelationships among enablers of SCA. For managers, it can provide better insights and understanding of the facilitators of SCA to enhance the effectiveness of the supply chain and cope with uncertainties and turbulence. According to results, enhancing “supply and demand side competency”, “delivery speed” and “strategic sourcing” are the most significant enablers of SCA. Originality/value The study extends the existing literature related to the enablers of SCA by modeling the proactive and reactive enablers of SCA based on the Al Humdan et al. (2020) classification. Arranging the enablers of SCA in a hierarchy and classifying the enablers into different levels with the help of the ISM-MICMAC approach is an exclusive effort to achieve successful management of the supply chain.","PeriodicalId":16349,"journal":{"name":"Journal of Modelling in Management","volume":"31 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135215848","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Determination of disease risk factors using binary data envelopment analysis and logistic regression analysis (case study: a stroke risk factors) 使用二元数据包络分析和逻辑回归分析确定疾病危险因素(案例研究:卒中危险因素)
Journal of Modelling in Management Pub Date : 2023-10-16 DOI: 10.1108/jm2-09-2022-0224
Maedeh Gholamazad, Jafar Pourmahmoud, Alireza Atashi, Mehdi Farhoudi, Reza Deljavan Anvari
{"title":"Determination of disease risk factors using binary data envelopment analysis and logistic regression analysis (case study: a stroke risk factors)","authors":"Maedeh Gholamazad, Jafar Pourmahmoud, Alireza Atashi, Mehdi Farhoudi, Reza Deljavan Anvari","doi":"10.1108/jm2-09-2022-0224","DOIUrl":"https://doi.org/10.1108/jm2-09-2022-0224","url":null,"abstract":"Purpose A stroke is a serious, life-threatening condition that occurs when the blood supply to a part of the brain is cut off. The earlier a stroke is treated, the less damage is likely to occur. One of the methods that can lead to faster treatment is timely and accurate prediction and diagnosis. This paper aims to compare the binary integer programming-data envelopment analysis (BIP-DEA) model and the logistic regression (LR) model for diagnosing and predicting the occurrence of stroke in Iran. Design/methodology/approach In this study, two algorithms of the BIP-DEA and LR methods were introduced and key risk factors leading to stroke were extracted. Findings The study population consisted of 2,100 samples (patients) divided into six subsamples of different sizes. The classification table of each algorithm showed that the BIP-DEA model had more reliable results than the LR for the small data size. After running each algorithm, the BIP-DEA and LR algorithms identified eight and five factors as more effective risk factors and causes of stroke, respectively. Finally, predictive models using the important risk factors were proposed. Originality/value The main objective of this study is to provide the integrated BIP-DEA algorithm as a fast, easy and suitable tool for evaluation and prediction. In fact, the BIP-DEA algorithm can be used as an alternative tool to the LR model when the sample size is small. These algorithms can be used in various fields, including the health-care industry, to predict and prevent various diseases before the patient’s condition becomes more dangerous.","PeriodicalId":16349,"journal":{"name":"Journal of Modelling in Management","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136078599","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Modelling the inhibitors of integrated sustainable lean manufacturing system in the South Indian SMEs using fuzzy logic 利用模糊逻辑对南印度中小企业集成可持续精益制造系统的阻碍因素进行建模
Journal of Modelling in Management Pub Date : 2023-10-10 DOI: 10.1108/jm2-05-2023-0107
Vivek Gopi, Saleeshya P.G.
{"title":"Modelling the inhibitors of integrated sustainable lean manufacturing system in the South Indian SMEs using fuzzy logic","authors":"Vivek Gopi, Saleeshya P.G.","doi":"10.1108/jm2-05-2023-0107","DOIUrl":"https://doi.org/10.1108/jm2-05-2023-0107","url":null,"abstract":"Purpose Small and medium-scale enterprises (SMEs) that operate with modest financial investments and commodities face numerous challenges to remain in business. One major philosophy used by SMEs these days is the implementation of lean manufacturing to get solutions for various issues they encounter. But is lean getting sustained over time? The purpose of this research is to design a Sustainable Lean Performance Index (SLPI) to assess the sustainability of lean systems and to pinpoint the variables that might be present as potential lean system inhibitors which hinder the sustainability of leanness. Design/methodology/approach A multi-level sustainable lean performance model is constructed and presented based on the literature research, field investigation and survey conducted by administering a questionnaire. Fuzzy logic approach is used to analyse the multi-level model. Findings SLPI for the SMEs is found using fuzzy logic approach. Additionally, the ranking score system is applied to categorise attributes into weak and strong categories. The performance of the current lean system is determined to be “fair” based on the Euclidean distance approach and the SLPI for SMEs. Research limitations/implications This work is concentrated only in South India because of the country’s vast geographical area and rich and wide diversity in industrial culture of the nation. Hence, more work can be done incorporating the other parts of the country and can analyse the lean behaviour in a comparative manner. Practical implications The generalised sustainable lean model analysed using fuzzy logic identifies the inhibitors and level of performance of SMEs in South India. This can be implemented to find out the level of performance in the SMEs after a deeper study and analysis around the SMEs of the country. Originality The sustainable assessment of lean parameters in the SMEs of India is found to be very less in literature, and it lacks profundity. The model established in this study assesses the sustainability of the lean methodology adopted in SMEs by considering the lean and sustainability attributes along with enablers like technology, ethics, customer satisfaction and innovation with the aid of fuzzy logic.","PeriodicalId":16349,"journal":{"name":"Journal of Modelling in Management","volume":"33 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136255018","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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