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Three types of industrial buyer-seller relational process models are available: joining theory, stage theory, and state theory. However, historically, these models have developed based on the knowledge and cultural context of the Western world. Several researchers note that national culture may have an impact on international industrial buyer-seller relationships. Including culture in the models is highly important, especially as the business environment is increasingly more global and different countries have different business cultures. The goal of this paper is to define the most suitable industrial buyer-seller relational process models for describing relationships in various contexts. The paper includes a through literature review and a single case study in order to reach this objective. A new state theory model evolved during the research. It consists of two beginning states: searching and starting; four purely middles states: constant/static, decline, growth, and troubled; and a purely end state: termination. The state of dormant/inert is both a middle state and an end state, that is, when the relational actors are not in contact does not mean that the relationship has ended, but instead, for example, new legislation may have been implemented, which requires the actors to evaluate their relationship and its future. A relationship goes through the two beginning states in the order mentioned above, but after that, any state may occur.

This paper aims to give a brief review on behavioral economics and behavioral finance and discusses some of the previous research on agents' utility functions, applicable risk measures, diversification strategies and portfolio optimization.

The authors also cover related disciplines such as trading rules, contagion and various econometric aspects.

While scholars could first develop theoretical models in behavioral economics and behavioral finance, they subsequently may develop corresponding statistical and econometric models, this finally includes simulation studies to examine whether the estimators or statistics have good power and size. This all helps us to better understand financial and economic decision-making from a descriptive standpoint.

The research paper is original.

As far as the authors know, no research has already been carried out on the multi-floor dynamic facility layout problem (MF-DFLP) in the continuous form regarding the flexible bay structure, the number and the variable location of the elevator. Therefore, the present paper models the given problem and attempts to find a sub-optimal solution for it using a meta-heuristic simulated annealing (SA) algorithm.

The efficient use of resources has always been a prominent matter for decision-makers. Many reasons including land use, construction considerations and proximity of departments have led to the design of multi-floor facilities. On the other hand, their fast-evolving environment calls for dynamic planning. Therefore, in this paper, a model and the SA algorithm for MF-DFLP are presented.

After presenting a mathematical model, the problem was solved precisely in a small size using the GAMS software. Also, a near-optimal solution method using a SA meta-heuristic algorithm is suggested and the proposed algorithm was run in the MATLAB software. To evaluate the presented model and the proposed solution, some test cases were considered in two aspects. The first aspect was the test cases that are newly generated in small, medium and large sizes to compare the exact optimal solution with the results of the meta-heuristic algorithm. Eight test cases with small sizes were solved using the GAMS software, the optimum solutions were obtained in a reasonable time, and the cost of their solutions was equal to that of the SA algorithm. Eight test cases with medium sizes were run in the GAMS software with the time limit of 80,000 s, and the SA algorithm had performed better for these test cases. Two test cases were also considered in large size that GAMS could not solve them, whereas the SA algorithm successfully found a proper solution for each. The second aspect included the test cases from the literature. The result showed that suggested algorithm is more capable of finding best solutions than compared algorithms.

In this paper, an unequal area MF-DFLP was studied in a continuous layout form in which the location and number of the elevators were considered to be variable, and the layouts were considered with flexible bay structure. These conditions were investigated for the first time.

The industrial buyer-seller relational process models from the Eastern and Western worlds have not been combined. The Western world has dominated the development of the models, while there exist only a very limited amount of guanxi development models from the East. This paper is exploratory in nature, focusing on combining the development of these two worlds into one intercultural model. Four case relationships verify the proposed model.

This paper focuses on only one cultural context outside of the West, that is to say, China. In order to justify the model to be completely an intercultural one, research in other cultural contexts is necessary.

This chapter makes two modest contributions by shedding light on the shock propagating role of endogenous firm entry in a more transparent way through the lens of frictionless, flexible-price real business cycle (RBC) model. We find that entry moderates rather than amplifies the shock, as production no longer occurs in a frictionless way but through business formation that consumes time and resources. We also resurrect the ability of the standard RBC model in resolving “productivity-hours worked puzzle” should credit barrier facing entry be formalized in the model.

The purpose of this paper is to review, evaluate and classify the academic research that has been published in facility layout problems (FLPs) and to analyse how researches and practices on FLPs are.

The review is based on 166 papers published from 1953 to 2021 in international peer-reviewed journals. The literature review on FLPs is presented under broader headings of discrete space and continuous space FLPs. The important formulations of FLPs under static and dynamic environments represented in the discrete and continuous space are presented. The articles reported in the literature on various representations of facilities for the continuous space Unequal Area Facility Layout Problems (UA-FLPs) are summarized. Discussed and commented on adaptive and robust approaches for dynamic environment FLPs. Highlighted the application of meta-heuristic solution methods for FLPs of a larger size.

It is found that most of the earlier research adopted the discrete space for the formulation of FLPs. This type of space representation for FLPs mostly assumes an equal area for all facilities. UA-FLPs represented in discrete space yield irregular shape facilities. It is also observed that the recent works consider the UA-FLPs in continuous space. The solution of continuous space UA-FLPs is more accurate and realistic. Some of the recent works on UA-FLPs consider the flexible bay structure (FBS) due to its advantages over the other representations. FBS helps the proper design of aisle structure in the detailed layout plan. Further, the recent articles reported in the literature consider the dynamic environment for both equal and unequal area FLPs to cope with the changing market environment. It is also found that FLPs are Non-deterministic Polynomial-complete problems, and hence, they set the challenges to researchers to develop efficient meta-heuristic methods to solve the bigger size FLPs in a reasonable time.

Due to the extremely large number of papers on FLPs, a few papers may have inadvertently been missed. The facility layout design research domain is extremely vast which covers other areas such as cellular layouts, pick and drop points and aisle structure design. This research review on FLPs did not consider the papers published on cellular layouts, pick and drop points and aisle structure design. Despite the possibility of not being all-inclusive, the authors firmly believe that most of the papers published on FLPs are covered and the general picture presented on various approaches and parameters of FLPs in this paper are precise and trustworthy.

To the best of the authors’ knowledge, this paper reviews and classifies the literature on FLPs for the first time under the broader headings of discrete space and continuous space representations. Many important formulations of FLPs under static and dynamic environments represented in the discrete and continuous space are presented. This paper also provides the observations from the literature review and identifies the prospective future directions.

Numerous researchers proved Vertical Greenery System VGS beneficial to buildings and surroundings. However, it is still not widely applied in the tropics like Malaysia. This paper aims to determine the perceptions of VGS among the end users before it can be improved. A survey was conducted among 40 respondents, the end users of VGS in selected buildings within Klang Valley area. The collected data was analysed using statistical tests. From the findings, the primary benefits of VGS perceived by end users are enhancing visual quality, bringing nature harmony, reducing stress and reducing the urban heat island effects. The perceptions contradict with the results of ANOVA test between reducing the urban heat island effects and other VGS benefits that proves the need and effort to work on VGS in Malaysia.

Fall accidents can cause casualties and economic losses in the construction industry. Fall portents, such as loss of balance (LOB) and sudden sways, can result in fatal, nonfatal or attempted fall accidents. All of them are worthy of studying to take measures to prevent future accidents. Detecting fall portents can proactively and comprehensively help managers assess the risk to workers as well as in the construction environment and further prevent fall accidents.

This study focused on the postures of workers and aimed to directly detect fall portents using a computer vision (CV)-based noncontact approach. Firstly, a joint coordinate matrix generated from a three-dimensional pose estimation model is employed, and then the matrix is preprocessed by principal component analysis, K-means and pre-experiments. Finally, a modified fusion K-nearest neighbor-based machine learning model is built to fuse information from the x, y and z axes and output the worker's pose status into three stages.

The proposed model can output the worker's pose status into three stages (steady–unsteady–fallen) and provide corresponding confidence probabilities for each category. Experiments conducted to evaluate the approach show that the model accuracy reaches 85.02% with threshold-based postprocessing. The proposed fall-portent detection approach can extract the fall risk of workers in the both pre- and post-event phases based on noncontact approach.

First, three-dimensional (3D) pose estimation needs sufficient information, which means it may not perform well when applied in complicated environments or when the shooting distance is extremely large. Second, solely focusing on fall-related factors may not be comprehensive enough. Future studies can incorporate the results of this research as an indicator into the risk assessment system to achieve a more comprehensive and accurate evaluation of worker and site risk.

The proposed machine learning model determines whether the worker is in a status of steady, unsteady or fallen using a CV-based approach. From the perspective of construction management, when detecting fall-related actions on construction sites, the noncontact approach based on CV has irreplaceable advantages of no interruption to workers and low cost. It can make use of the surveillance cameras on construction sites to recognize both preceding events and happened accidents. The detection of fall portents can help worker risk assessment and safety management.

Existing studies using sensor-based approaches are high-cost and invasive for construction workers, and others using CV-based approaches either oversimplify by binary classification of the non-entire fall process or indirectly achieve fall-portent detection. Instead, this study aims to detect fall portents directly by worker's posture and divide the entire fall process into three stages using a CV-based noncontact approach. It can help managers carry out more comprehensive risk assessment and develop preventive measures.

This study incorporates two Chinese cultural variables guanxi (personal relationship) and xinyong (personal trust) with other relational variables that are well defined in the west, i.e. supplier competence, commitment, conflict handling and satisfaction to see how they generate partnership relationship in a sino‐western relationship marketing context.

Research objectives are achieved through a combination of model building, quantitative design, testing of hypotheses using AMOS and analysis of findings. The subject scope is imbedded within cultural impact on relationship marketing in a sino‐western context.

This study finds that Western suppliers must be competent in product knowledge, market development, and adaptation to buyers' requirements to resolve conflicts in order to establish their xinyong with the buyers. Competence allows suppliers to show psychological commitment and establish guanxi with the buyers. It also shows that guanxi has a stronger influence on xinyong than on satisfaction. Suppliers should use guanxi to generate buyer's perception on xinyong whilst maintaining a reasonable level of buyer satisfaction with their products and services. Also, relationship between xinyong and satisfaction is not significant. A buyer's satisfaction on the supplier's product and services does not necessarily mean that this buyer perceives the supplier having xinyong because Chinese mix (up) business with personal relationships together and sometimes they make trade‐off between them!

This relationship study was conducted in a single‐product relationship context within the clothing industry in the PRC environment and therefore, its findings may not be generalised to other industry. Future Chinese relationship study should increase the sample size so as to cover more industries to allow comparison across industries. This is especially valid between a manufacturing and a service‐based industry. A service‐based industry may even emphasize more on guanxi and xinyong because of its intangible aspects! Future research should include the xinyong constructs, the concepts of face and reciprocity. To what extent these important Chinese cultural values affect satisfaction and xinyong have not been determined.

Effective conflict handling skills and guanxi are vital to formulate a xinyong positioning strategy. A supplier must be competent in product knowledge, market development skills, and adapt to a buyer's requirements to resolve conflicts with the buyer to establish xinyong.

This research is an initial attempt to establish the relationship between guanxi, xinyong and partnership relationship and generates a new research area in Chinese relationship marketing.