American Journal of Operations Management and Information Systems

Archive

Volume 3, Issue 2, June 2018

  • Conceptual Critic of Entrepreneurial Triadic Approach

    Samuel Temitope Ogbara, Salleh Din, Hanif Suhairi Abu Barker

    Issue: Volume 3, Issue 2, June 2018
    Pages: 38-45
    Received: 26 February 2018
    Accepted: 26 March 2018
    Published: 28 April 2018
    DOI: 10.11648/j.ajomis.20180302.11
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    Abstract: There is a general consensus among researchers that entrepreneurship has transmuted into a global phenomenon, thus demanding a global comprehensive understanding. Entrepreneurial concepts have metamorphosed over time and are inextricably connected with contemporary socio-economic development. The theoretical journey of entrepreneurship in relation ... Show More
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  • Business Forecasting Imperatives in a Depressed Economy: A Nigeria Case

    Frank Alaba Ogedengbe, Esther Ogedengbe, Clement Osigwe Okhakhu, Donald Ozemenbhoya Ewanlen

    Issue: Volume 3, Issue 2, June 2018
    Pages: 46-51
    Received: 26 April 2018
    Accepted: 15 May 2018
    Published: 25 June 2018
    DOI: 10.11648/j.ajomis.20180302.12
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    Abstract: This study, business forecasting imperatives in a depressed economy: The Nigeria case takes a careful and cursory but scholarly look at the importance of Business Forecasting in the management of Business Enterprises, especially in a depressed economy like Nigeria’s. The world has become dynamic and uncertain and the business world is not left out ... Show More
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  • Minimizing the Discounted Average Cost Under Continuous Compounding in the EOQ Models with a Regular Product and a Perishable Product

    Siddharth Mahajan, Krishna Sundar Diatha

    Issue: Volume 3, Issue 2, June 2018
    Pages: 52-60
    Received: 4 July 2018
    Accepted: 17 July 2018
    Published: 17 August 2018
    DOI: 10.11648/j.ajomis.20180302.13
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    Abstract: We consider the EOQ model with an opportunity cost of capital, i.e. an amount x invested now will yield (1+i)x at the beginning of the next period. Here i is the interest rate. Given a cost stream i.e. a stream of costs incurred over time, the Net Present Value (NPV) is used to decide the total cost of the cost stream. This total cost takes into ac... Show More
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  • Economic Implications of Statistical Quality Control: Lessons for Manufacturers in Nigeria

    Frank Alaba Ogedengbe, Esther Ogedengbe, Godwin Chukunede Ovuworie

    Issue: Volume 3, Issue 2, June 2018
    Pages: 61-65
    Received: 25 July 2018
    Accepted: 9 August 2018
    Published: 4 September 2018
    DOI: 10.11648/j.ajomis.20180302.14
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    Abstract: This study examined the economic implications of statistical quality control. It applied the literature study method. The study highlights the methods of statistical quality control as well as the economic benefits derivable from the use of and adherence to the processes of quality control in general and scientific and statistical quality control i... Show More
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