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1 – 4 of 4Yugang Ji and Wen-Hwa Ko
This study used the literature review and the modified Delphi method to evaluate the importance of the catering quality indices of university canteens in China. In order to…
Abstract
Purpose
This study used the literature review and the modified Delphi method to evaluate the importance of the catering quality indices of university canteens in China. In order to compile the catering quality indices of university canteens in China as reference for the subsequent improvement of Chinese canteens.
Design/methodology/approach
This study first analysed literature data to establish the preliminary quality indices and used the modified Delphi method for measurement. After three rounds of Delphi analysis by 35 experts, the results of the catering quality indices of university canteens in China are summarised.
Findings
The research results show that university canteen catering quality issues are divided into six dimensions, including catering safety management, employee hygiene management, catering service, food quality, environmental atmosphere and corporate social responsibility. Catering safety management is the most important index, followed by employee hygiene management.
Originality/value
The research results can be used as suggestions for follow-up improvements in the quality of university canteens in China and a basis of reference for amendments to relevant national or local laws and regulations. The food prices, food quality and whether food hygiene and safety standards are met by university canteens are all related to the health and vital interests of the teachers and students, as well as the stability of the university. Therefore, the government should increase supervision in these aspects to avoid decline in the quality of meals due to low profits and enforce strict requirements for food safety.
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Nengchao Lyu, Yugang Wang, Chaozhong Wu, Lingfeng Peng and Alieu Freddie Thomas
An individual’s driving style significantly affects overall traffic safety. However, driving style is difficult to identify due to temporal and spatial differences and scene…
Abstract
Purpose
An individual’s driving style significantly affects overall traffic safety. However, driving style is difficult to identify due to temporal and spatial differences and scene heterogeneity of driving behavior data. As such, the study of real-time driving-style identification methods is of great significance for formulating personalized driving strategies, improving traffic safety and reducing fuel consumption. This study aims to establish a driving style recognition framework based on longitudinal driving operation conditions (DOCs) using a machine learning model and natural driving data collected by a vehicle equipped with an advanced driving assistance system (ADAS).
Design/methodology/approach
Specifically, a driving style recognition framework based on longitudinal DOCs was established. To train the model, a real-world driving experiment was conducted. First, the driving styles of 44 drivers were preliminarily identified through natural driving data and video data; drivers were categorized through a subjective evaluation as conservative, moderate or aggressive. Then, based on the ADAS driving data, a criterion for extracting longitudinal DOCs was developed. Third, taking the ADAS data from 47 Kms of the two test expressways as the research object, six DOCs were calibrated and the characteristic data sets of the different DOCs were extracted and constructed. Finally, four machine learning classification (MLC) models were used to classify and predict driving style based on the natural driving data.
Findings
The results showed that six longitudinal DOCs were calibrated according to the proposed calibration criterion. Cautious drivers undertook the largest proportion of the free cruise condition (FCC), while aggressive drivers primarily undertook the FCC, following steady condition and relative approximation condition. Compared with cautious and moderate drivers, aggressive drivers adopted a smaller time headway (THW) and distance headway (DHW). THW, time-to-collision (TTC) and DHW showed highly significant differences in driving style identification, while longitudinal acceleration (LA) showed no significant difference in driving style identification. Speed and TTC showed no significant difference between moderate and aggressive drivers. In consideration of the cross-validation results and model prediction results, the overall hierarchical prediction performance ranking of the four studied machine learning models under the current sample data set was extreme gradient boosting > multi-layer perceptron > logistic regression > support vector machine.
Originality/value
The contribution of this research is to propose a criterion and solution for using longitudinal driving behavior data to label longitudinal DOCs and rapidly identify driving styles based on those DOCs and MLC models. This study provides a reference for real-time online driving style identification in vehicles equipped with onboard data acquisition equipment, such as ADAS.
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Yue Zhou, Xiaobei Shen and Yugang Yu
This study examines the relationship between demand forecasting error and retail inventory management in an uncertain supplier yield context. Replenishment is segmented into…
Abstract
Purpose
This study examines the relationship between demand forecasting error and retail inventory management in an uncertain supplier yield context. Replenishment is segmented into off-season and peak-season, with the former characterized by longer lead times and higher supply uncertainty. In contrast, the latter incurs higher acquisition costs but ensures certain supply, with the retailer's purchase volume aligning with the acquired volume. Retailers can replenish in both phases, receiving goods before the sales season. This paper focuses on the impact of the retailer's demand forecasting bias on their sales period profits for both phases.
Design/methodology/approach
This study adopts a data-driven research approach by drawing inspiration from real data provided by a cooperating enterprise to address research problems. Mathematical modeling is employed to solve the problems, and the resulting optimal strategies are tested and validated in real-world scenarios. Furthermore, the applicability of the optimal strategies is enhanced by incorporating numerical simulations under other general distributions.
Findings
The study's findings reveal that a greater disparity between predicted and actual demand distributions can significantly reduce the profits that a retailer-supplier system can earn, with the optimal purchase volume also being affected. Moreover, the paper shows that the mean of the forecasting error has a more substantial impact on system revenue than the variance of the forecasting error. Specifically, the larger the absolute difference between the predicted and actual means, the lower the system revenue. As a result, managers should focus on improving the quality of demand forecasting, especially the accuracy of mean forecasting, when making replenishment decisions.
Practical implications
This study established a two-stage inventory optimization model that simultaneously considers random yield and demand forecast quality, and provides explicit expressions for optimal strategies under two specific demand distributions. Furthermore, the authors focused on how forecast error affects the optimal inventory strategy and obtained interesting properties of the optimal solution. In particular, the property that the optimal procurement quantity no longer changes with increasing forecast error under certain conditions is noteworthy, and has not been previously noted by scholars. Therefore, the study fills a gap in the literature.
Originality/value
This study established a two-stage inventory optimization model that simultaneously considers random yield and demand forecast quality, and provides explicit expressions for optimal strategies under two specific demand distributions. Furthermore, the authors focused on how forecast error affects the optimal inventory strategy and obtained interesting properties of the optimal solution. In particular, the property that the optimal procurement quantity no longer changes with increasing forecast error under certain conditions is noteworthy, and has not been previously noted by scholars. Therefore, the study fills a gap in the literature.
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This study aims to explore the relationship between chief executive officer (CEO) power and stock price crash risk in India. Furthermore, it seeks to analyse how insider trades…
Abstract
Purpose
This study aims to explore the relationship between chief executive officer (CEO) power and stock price crash risk in India. Furthermore, it seeks to analyse how insider trades may moderate the impact of CEO power on stock price crash risk.
Design/methodology/approach
A study of 236 companies from the S&P BSE 500 Index (2014–2023) have been analysed through pooled ordinary least square (OLS) regression in the baseline analysis. To enhance the results' reliability, robustness checks include alternative methodologies, such as panel data regression with fixed-effects, binary logistic regression and Bayesian regression. Additional control variables and alternative crash risk measure have also been utilised. To address potential endogeneity, instrumental variable techniques such as two-stage least squares (IV-2SLS) and difference-in-difference (DiD) methodologies are utilised.
Findings
Stakeholder theory is supported by results revealing that CEO power proxies like CEO duality, status and directorship reduce one-year ahead stock price crash risk and vice versa. Insider trades are found to moderate the link between select dimensions of CEO power and stock price crash risk. These findings persist after addressing potential endogeneity concerns, and the results remain consistent across alternative methodologies and variable inclusions.
Originality/value
This study significantly advances research on stock price crash risk, especially in emerging economies like India. The implications of these findings are crucial for investors aiming to mitigate crash risk, for corporations seeking enhanced governance measures and for policymakers considering the economic and welfare consequences associated with this phenomenon.
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