THE EVALUATION OF INVENTORY MANAGEMENT WITH BEHAVIORAL APPROACH

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NIKBAKHT MOHAMMAD REZA; RAHMANI ALI; SADR ARA MEHRDAD

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Journal Paper

Paper Information

Journal: IRANIAN JOURNAL OF BEHAVIORAL & VALUED ACCOUNTING Year:2017 | Volume:1 | Issue:2 Page(s): 97-126

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Information Journal Paper

Title

THE EVALUATION OF INVENTORY MANAGEMENT WITH BEHAVIORAL APPROACH

Author(s)

NIKBAKHT MOHAMMAD REZA | RAHMANI ALI | SADR ARA MEHRDAD | Issue Writer Certificate

Keywords

RISK PREFERENCESQ2

NEWSVENDOR MODELQ2

MENTAL BIASESQ2

BEHAVIORAL APPROACHQ1

Abstract

The aim of this study is to provide a comprehensive model for economic Decision in a laboratory environment with a BEHAVIORAL APPROACH. This study attempts to evaluate the existing empirical evidence, In a controlled test environment and the attitudes of people towards risk with respect to the timing of payments made to measure and The profitability of models of inventory management in terms of acceptance or avoid risk, on the BEHAVIORAL APPROACH. This research is in the field of positive research and the method of laboratory research (using a controlled environment).Payment plans and managers RISK PREFERENCES is effective on the decision-making process of optimal order level. The research model presented in this study is based on behavioral models based on triple RISK PREFERENCES and three payment plan in whole nine behavioral models that were compared with classical regression model. The end result of paired sample t test showed that Behavioral models developed in this study is more predictive than the classic model and also the end goal of research is Behavioral model developed in this study leads lower opportunity cost than classical models and also Order level inventory profitability is increased.

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APA: Copy

NIKBAKHT, MOHAMMAD REZA, RAHMANI, ALI, & SADR ARA, MEHRDAD. (2017). THE EVALUATION OF INVENTORY MANAGEMENT WITH BEHAVIORAL APPROACH. IRANIAN JOURNAL OF BEHAVIORAL & VALUED ACCOUNTING, 1(2), 97-126. SID. https://sid.ir/paper/260479/en

Vancouver: Copy

NIKBAKHT MOHAMMAD REZA, RAHMANI ALI, SADR ARA MEHRDAD. THE EVALUATION OF INVENTORY MANAGEMENT WITH BEHAVIORAL APPROACH. IRANIAN JOURNAL OF BEHAVIORAL & VALUED ACCOUNTING[Internet]. 2017;1(2):97-126. Available from: https://sid.ir/paper/260479/en

IEEE: Copy

MOHAMMAD REZA NIKBAKHT, ALI RAHMANI, and MEHRDAD SADR ARA, “THE EVALUATION OF INVENTORY MANAGEMENT WITH BEHAVIORAL APPROACH,” IRANIAN JOURNAL OF BEHAVIORAL & VALUED ACCOUNTING, vol. 1, no. 2, pp. 97–126, 2017, [Online]. Available: https://sid.ir/paper/260479/en

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