Pub Date : 2020-12-01DOI: 10.1177/2516600X20949774
C. Das, Himanshu Agarwall, R. Swain
The aim of the article is to examine the relationship as well as measure the impact of corporate governance as a strategic plan on capital structure decision of top Bombay Stock Exchange-listed manufacturing firms in India. Panel regression analysis is employed to estimate the relationship and measure the impact of corporate governance, namely, size, meetings, independent director, women director and audit committee meetings, on the capital structure mix (debt–equity ratio) of the sample corporate, during a 10-year period of 2008–2017. The results of study reveal that the components of corporate governance, namely, size, board meetings, independent director, and audit committee meetings have a positive association with the capital structure variable (debt–equity ratio) of the sample manufacturing companies. However, there is a negative relationship between the control variables (ROCE and NWTA) and the dependent variable of the sample corporate. Overall, as per the study results, a statistically significant impact prevails on the capital structure, of corporate governance variables, taken as a whole. This article adds on to the existing study by highlighting a new prospect of relation and influence of corporate governance on capital structure decisions. The statistical findings of the study provide evidence to the corporate sector in deciding the optimum capital structure, affecting its costs and performance, and to the regulatory authorities in framing and implementing corporate governance mechanisms more effectively and efficiently for improving the economy of the country.
{"title":"Is the Concept of Corporate Governance a Strategic Plan for Firms’ Optimum Capital Structure? Evidence from Manufacturing Companies","authors":"C. Das, Himanshu Agarwall, R. Swain","doi":"10.1177/2516600X20949774","DOIUrl":"https://doi.org/10.1177/2516600X20949774","url":null,"abstract":"The aim of the article is to examine the relationship as well as measure the impact of corporate governance as a strategic plan on capital structure decision of top Bombay Stock Exchange-listed manufacturing firms in India. Panel regression analysis is employed to estimate the relationship and measure the impact of corporate governance, namely, size, meetings, independent director, women director and audit committee meetings, on the capital structure mix (debt–equity ratio) of the sample corporate, during a 10-year period of 2008–2017. The results of study reveal that the components of corporate governance, namely, size, board meetings, independent director, and audit committee meetings have a positive association with the capital structure variable (debt–equity ratio) of the sample manufacturing companies. However, there is a negative relationship between the control variables (ROCE and NWTA) and the dependent variable of the sample corporate. Overall, as per the study results, a statistically significant impact prevails on the capital structure, of corporate governance variables, taken as a whole. This article adds on to the existing study by highlighting a new prospect of relation and influence of corporate governance on capital structure decisions. The statistical findings of the study provide evidence to the corporate sector in deciding the optimum capital structure, affecting its costs and performance, and to the regulatory authorities in framing and implementing corporate governance mechanisms more effectively and efficiently for improving the economy of the country.","PeriodicalId":196664,"journal":{"name":"Journal of Operations and Strategic Planning","volume":"10 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123812480","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}
Pub Date : 2020-12-01DOI: 10.1177/2516600X20970352
Gurvinder Kaur, Sudhir Pasricha, G. Kathuria
Supply chain is the most critical lifeline of all business/non-business operations and processes in today’s world. The outbreak of the COVID-19 epidemic has a serious impact on organizations and society at large. Due to this pandemic spread, food supply chains are facing two unique unraveling emerging supply chain challenges: (a) supply shocks and (b) demand shocks. Stocking of consumer staples under such uncertain situations gives rise to uncertain peak demands of staple food, and hence striking bullwhip effect. The present study focuses on the staple food distribution among tier-A cities of India, namely Bangalore, Hyderabad, Chennai, Pune, Kolkata, Mumbai, and Ahmedabad. Using the software anyLogistix PLE edition, greenfield analysis was conducted to find the number of distribution centers required by these cities for food distribution and to reduce the transportation cost between the cities. Two key insights emerge from the analysis: (a) we need six potential areas to locate distribution centers (DCs)/ regional sites instead of a single DC; (b) transportation cost is reduced from US$21,327 to US$2,375. The major observation from the Green Field Analysis (GFA) reveals there is a need to reinforce and repair the operational efficiencies of DCs so as to reach the needy end consumers.
{"title":"Resilience Role of Distribution Centers amid COVID-19 Crisis in Tier-A Cities of India: A Green Field Analysis Experiment","authors":"Gurvinder Kaur, Sudhir Pasricha, G. Kathuria","doi":"10.1177/2516600X20970352","DOIUrl":"https://doi.org/10.1177/2516600X20970352","url":null,"abstract":"Supply chain is the most critical lifeline of all business/non-business operations and processes in today’s world. The outbreak of the COVID-19 epidemic has a serious impact on organizations and society at large. Due to this pandemic spread, food supply chains are facing two unique unraveling emerging supply chain challenges: (a) supply shocks and (b) demand shocks. Stocking of consumer staples under such uncertain situations gives rise to uncertain peak demands of staple food, and hence striking bullwhip effect. The present study focuses on the staple food distribution among tier-A cities of India, namely Bangalore, Hyderabad, Chennai, Pune, Kolkata, Mumbai, and Ahmedabad. Using the software anyLogistix PLE edition, greenfield analysis was conducted to find the number of distribution centers required by these cities for food distribution and to reduce the transportation cost between the cities. Two key insights emerge from the analysis: (a) we need six potential areas to locate distribution centers (DCs)/ regional sites instead of a single DC; (b) transportation cost is reduced from US$21,327 to US$2,375. The major observation from the Green Field Analysis (GFA) reveals there is a need to reinforce and repair the operational efficiencies of DCs so as to reach the needy end consumers.","PeriodicalId":196664,"journal":{"name":"Journal of Operations and Strategic Planning","volume":"21 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125447933","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}
Pub Date : 2020-12-01DOI: 10.1177/2516600X20967813
Pratyush Bhatt, Sumeet Varghese
Formulating business strategies in times of economic uncertainty can be a challenging exercise because of rapid changes in market assumptions, projections, and conditions. Studies have shown that the repertory of strategic choices that businesses explore, to handle uncertain economic environments, is not highly varied. This article reviews the strategic responses that leading Indian auto manufacturers have adopted in order to handle the dip in demand post COVID-19. Given that the Indian automobile industry has been facing headwinds since 2018, the COVID-19 pandemic could not have hit the sector at a more inopportune time. This article aims to review how firms in the sector ride through an economic slump and also sheds light on strategic decision-making patterns The article exclusively focuses on leading automobile firms and does not analyze actions taken by comparatively smaller players to stay afloat. Hence, this article does not delve into the actions that suppliers and dealers are exploring. Most importantly, this article contains a comprehensive analysis of the financial performance of a few auto majors. This article seeks to piece together a picture of firm-level strategies on the basis of publicly accessible financial statements and news reports.
{"title":"Strategizing Under Economic Uncertainties: Lessons from the COVID-19 Pandemic for the Indian Auto Sector","authors":"Pratyush Bhatt, Sumeet Varghese","doi":"10.1177/2516600X20967813","DOIUrl":"https://doi.org/10.1177/2516600X20967813","url":null,"abstract":"Formulating business strategies in times of economic uncertainty can be a challenging exercise because of rapid changes in market assumptions, projections, and conditions. Studies have shown that the repertory of strategic choices that businesses explore, to handle uncertain economic environments, is not highly varied. This article reviews the strategic responses that leading Indian auto manufacturers have adopted in order to handle the dip in demand post COVID-19. Given that the Indian automobile industry has been facing headwinds since 2018, the COVID-19 pandemic could not have hit the sector at a more inopportune time. This article aims to review how firms in the sector ride through an economic slump and also sheds light on strategic decision-making patterns The article exclusively focuses on leading automobile firms and does not analyze actions taken by comparatively smaller players to stay afloat. Hence, this article does not delve into the actions that suppliers and dealers are exploring. Most importantly, this article contains a comprehensive analysis of the financial performance of a few auto majors. This article seeks to piece together a picture of firm-level strategies on the basis of publicly accessible financial statements and news reports.","PeriodicalId":196664,"journal":{"name":"Journal of Operations and Strategic Planning","volume":"123 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121305940","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}
Pub Date : 2020-12-01DOI: 10.1177/2516600X20968966
J. Ahmed, Asma Ahmed, Niza Talukder, I. Sultana, Farzana Haque Anika
The Indian snack market is a promising and booming sector with a surge in consumer consumption of an array of snacks. The market has been growing since several years, but the past 2 years have been marked by notable growth. A leading player in the snacks industry, Haldiram’s, an already prevalent name in India, has been catering for the needs of the evolving consumer demand patterns since 1937. This case starts with a description of India’s snacks market and Haldiram’s standing as a company with dominant market share. In addition to discussing the competitive landscape and challenges, the case evaluates Haldiram’s offerings using the 7Ps (product, place, price, promotion, people, physical presence and processes) of marketing mix and growth strategy options using Ansoff Matrix. As Indians are getting introduced to new global delicacies and flavors, their taste buds are changing, and a certain group of consumers are shifting towards healthy snacking options. The case sheds light on this whole new dimension and how Haldiram’s can keep pace with evolving trends in the snacking industry.
{"title":"Haldiram’s in India","authors":"J. Ahmed, Asma Ahmed, Niza Talukder, I. Sultana, Farzana Haque Anika","doi":"10.1177/2516600X20968966","DOIUrl":"https://doi.org/10.1177/2516600X20968966","url":null,"abstract":"The Indian snack market is a promising and booming sector with a surge in consumer consumption of an array of snacks. The market has been growing since several years, but the past 2 years have been marked by notable growth. A leading player in the snacks industry, Haldiram’s, an already prevalent name in India, has been catering for the needs of the evolving consumer demand patterns since 1937. This case starts with a description of India’s snacks market and Haldiram’s standing as a company with dominant market share. In addition to discussing the competitive landscape and challenges, the case evaluates Haldiram’s offerings using the 7Ps (product, place, price, promotion, people, physical presence and processes) of marketing mix and growth strategy options using Ansoff Matrix. As Indians are getting introduced to new global delicacies and flavors, their taste buds are changing, and a certain group of consumers are shifting towards healthy snacking options. The case sheds light on this whole new dimension and how Haldiram’s can keep pace with evolving trends in the snacking industry.","PeriodicalId":196664,"journal":{"name":"Journal of Operations and Strategic Planning","volume":"37 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116917341","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}
Pub Date : 2020-09-30DOI: 10.1177/2516600X20946542
Mohammed Hamed Ahmed Soliman
Purpose: The motivation behind this article is to provide a lot of rules to be utilized in lean strategy standards and instruments in modern associations. This article expects to feature the pretended by lean strategy technique for vital strategic planning and management, especially in reference to the Hoshin Kanri strategy deployment system. This article is addressing a gap in the knowledge of effective Hoshin Kanri process over the association. Methodology/Design/Approach: A systematic literature review using the MEDLINE, EMBASE, Scopus and Emerald databases, resulting in the selection of high-quality papers with a great focus on the Toyota Way. Originally/Value: This article review subjects driven and finished up by Toyota that are required to implement strategies and adjust objectives all over the association. The article centers around the Hoshin Kanri deployment process. It underlines the significance of leadership/pioneering and the helpfulness of utilizing the right daily training practice to help lean progress and improve strategy execution in the whole association. This is the first article to comprehensively review Hoshin Kanri with reference to the Toyota business practice. Findings: Hoshin Kanri might be successfully utilized for deploying strategies and to improve correspondence from top to down, which must be accomplished if experts are to be adequately prepared and frontline staff is to be engaged in daily, continuous improvement efforts.
{"title":"The Toyota Way to Effective Strategy Deployment: How Organizations Can Focus Energy on Key Priorities Through Hoshin Kanri to Achieve the Business Goals","authors":"Mohammed Hamed Ahmed Soliman","doi":"10.1177/2516600X20946542","DOIUrl":"https://doi.org/10.1177/2516600X20946542","url":null,"abstract":"Purpose: The motivation behind this article is to provide a lot of rules to be utilized in lean strategy standards and instruments in modern associations. This article expects to feature the pretended by lean strategy technique for vital strategic planning and management, especially in reference to the Hoshin Kanri strategy deployment system. This article is addressing a gap in the knowledge of effective Hoshin Kanri process over the association. Methodology/Design/Approach: A systematic literature review using the MEDLINE, EMBASE, Scopus and Emerald databases, resulting in the selection of high-quality papers with a great focus on the Toyota Way. Originally/Value: This article review subjects driven and finished up by Toyota that are required to implement strategies and adjust objectives all over the association. The article centers around the Hoshin Kanri deployment process. It underlines the significance of leadership/pioneering and the helpfulness of utilizing the right daily training practice to help lean progress and improve strategy execution in the whole association. This is the first article to comprehensively review Hoshin Kanri with reference to the Toyota business practice. Findings: Hoshin Kanri might be successfully utilized for deploying strategies and to improve correspondence from top to down, which must be accomplished if experts are to be adequately prepared and frontline staff is to be engaged in daily, continuous improvement efforts.","PeriodicalId":196664,"journal":{"name":"Journal of Operations and Strategic Planning","volume":"114 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117301376","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}
Pub Date : 2020-06-01DOI: 10.1177/2516600X20928646
Sudhanshu Joshi, Manu Sharma, R. Singh
The aim of this article is to recognize the key critical success factors (CSFs) that determine the performance of agritourism clusters using combined analytical hierarchy process (AHP)-the technique for order of preference by similarity to ideal solution (TOPSIS) method. The operational performance of agritourism clusters was determined using integrated approach, and 11 CSFs were initially identified through systematic literature review. Furthermore, experts validated and finalized nine CSFs that can determine the sustainable performance of agritourism network. Totally 15 experts (including practitioners and agritourism supply chain partners), were engaged in data collection process. The AHP application exhibits that destination attractiveness (D5) has the highest priority (0.156) among all the dimensions followed by local community contribution and sustainable livelihoods (D9). Furthermore, TOPSIS demonstrates that Pithoragarh (C7) has the ideal best value (0.7705) indicating that this cluster is performing the best among all the clusters followed by Almora (0.7209). The identification of CSFs to evaluate the performance of clusters in Uttarakhand, India can serve as guiding tool for the agritourism practitioners. The examination of pertinent issues with the focus on major support required, bottlenecks in adoption, key benefits of sustainable agritourism activities and most common sustainable practices are expected to provide new understanding about the sustainable agritourism business-based issues in India. The only limitation of this study is the geographic coverage and limited demography of the respondents. This study is one of the first efforts on assessing agritourism supply chain practices in India, with the special reference to Uttarakhand state.
{"title":"Performance Evaluation of Agro-tourism Clusters using AHP–TOPSIS","authors":"Sudhanshu Joshi, Manu Sharma, R. Singh","doi":"10.1177/2516600X20928646","DOIUrl":"https://doi.org/10.1177/2516600X20928646","url":null,"abstract":"The aim of this article is to recognize the key critical success factors (CSFs) that determine the performance of agritourism clusters using combined analytical hierarchy process (AHP)-the technique for order of preference by similarity to ideal solution (TOPSIS) method. The operational performance of agritourism clusters was determined using integrated approach, and 11 CSFs were initially identified through systematic literature review. Furthermore, experts validated and finalized nine CSFs that can determine the sustainable performance of agritourism network. Totally 15 experts (including practitioners and agritourism supply chain partners), were engaged in data collection process. The AHP application exhibits that destination attractiveness (D5) has the highest priority (0.156) among all the dimensions followed by local community contribution and sustainable livelihoods (D9). Furthermore, TOPSIS demonstrates that Pithoragarh (C7) has the ideal best value (0.7705) indicating that this cluster is performing the best among all the clusters followed by Almora (0.7209). The identification of CSFs to evaluate the performance of clusters in Uttarakhand, India can serve as guiding tool for the agritourism practitioners. The examination of pertinent issues with the focus on major support required, bottlenecks in adoption, key benefits of sustainable agritourism activities and most common sustainable practices are expected to provide new understanding about the sustainable agritourism business-based issues in India. The only limitation of this study is the geographic coverage and limited demography of the respondents. This study is one of the first efforts on assessing agritourism supply chain practices in India, with the special reference to Uttarakhand state.","PeriodicalId":196664,"journal":{"name":"Journal of Operations and Strategic Planning","volume":"12 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133640546","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}
Pub Date : 2020-06-01DOI: 10.1177/2516600X20930946
S. Jha, S. Bhattacharyya
This article aims to understand the impact of the relationship between operations leader employee orientation (LEO) and leader information orientation (LIO) on leader long-term orientation (LLTO). The relationship is mediated by leader inclusivity orientation (LINCO) and moderated by leader technology orientation (LTO). The data were collected from business leaders who had more than 15 years of experience in the domain of supply chain, operations, and manufacturing. The total number of questionnaires sent to respondents was 620. Authors received 446 filled responses, out of which 360 responses were usable. The response rate was 58 percent. Moderated mediation analysis was performed to analyze the data and to test the proposed hypothesis. The findings revealed that the relationship between LEO LIO has a significant effect on LLTO. The relationship was positively mediated by LINCO. Further, LTO was found to be significantly related to LEO–LINCO–LTO and LIO–LINCO–LTO in a way that the relationship is strong when LTO is high and weak when LTO is low.
本文旨在了解运营领导者员工导向(LEO)和领导者信息导向(LIO)之间的关系对领导者长期导向(LLTO)的影响。领导包容性取向(LINCO)是领导包容性取向的中介，领导技术取向(LTO)是领导技术取向的调节因子。这些数据是从在供应链、运营和制造领域拥有超过15年经验的商业领袖那里收集的。发放给受访者的调查问卷总数为620份。作者收到了446份填好的回复，其中360份回复是可用的。回复率为58%。进行有调节的中介分析来分析数据并检验提出的假设。结果表明，LEO与LEO之间的关系对LLTO有显著的影响。LINCO正向中介关系。进一步发现LTO与leo - lincoln - LTO和leo - lincoln - LTO之间存在显著相关，且LTO高时关系强，LTO低时关系弱。
{"title":"Moderated Mediation Analysis of Leader Technology Orientation: A Study of Operations and Manufacturing Leaders of India","authors":"S. Jha, S. Bhattacharyya","doi":"10.1177/2516600X20930946","DOIUrl":"https://doi.org/10.1177/2516600X20930946","url":null,"abstract":"This article aims to understand the impact of the relationship between operations leader employee orientation (LEO) and leader information orientation (LIO) on leader long-term orientation (LLTO). The relationship is mediated by leader inclusivity orientation (LINCO) and moderated by leader technology orientation (LTO). The data were collected from business leaders who had more than 15 years of experience in the domain of supply chain, operations, and manufacturing. The total number of questionnaires sent to respondents was 620. Authors received 446 filled responses, out of which 360 responses were usable. The response rate was 58 percent. Moderated mediation analysis was performed to analyze the data and to test the proposed hypothesis. The findings revealed that the relationship between LEO LIO has a significant effect on LLTO. The relationship was positively mediated by LINCO. Further, LTO was found to be significantly related to LEO–LINCO–LTO and LIO–LINCO–LTO in a way that the relationship is strong when LTO is high and weak when LTO is low.","PeriodicalId":196664,"journal":{"name":"Journal of Operations and Strategic Planning","volume":"63 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114540541","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}
Pub Date : 2020-06-01DOI: 10.1177/2516600x20927510
J. Ahmed, A. Faroque, Asma Ahmed, Farzana Haque Anika, H. A. Mamun
This case study is based on the only Icelandic commercial whaling (whale hunting) company, Hvalur hf. The majority of the meat from whale hunting is exported to Japan because consumption of whale meat is insignificant amongst the locals in Iceland. This case reflects on the challenges and controversies of Hvalur hf. It further focuses on the personality of Kristján Loftsson, CEO of Hvalur hf. Commercial whaling has been a major concern against Iceland. European Union has offered union membership to Iceland in order to stop the cruelty caused by whaling. The tourism sector of Iceland is hence at risk as whaling and whale watching coexists. Both of these are deemed to be major contributors to the economy of Iceland.
{"title":"Hvalur hf: Commercial Hunter of Whales!","authors":"J. Ahmed, A. Faroque, Asma Ahmed, Farzana Haque Anika, H. A. Mamun","doi":"10.1177/2516600x20927510","DOIUrl":"https://doi.org/10.1177/2516600x20927510","url":null,"abstract":"This case study is based on the only Icelandic commercial whaling (whale hunting) company, Hvalur hf. The majority of the meat from whale hunting is exported to Japan because consumption of whale meat is insignificant amongst the locals in Iceland. This case reflects on the challenges and controversies of Hvalur hf. It further focuses on the personality of Kristján Loftsson, CEO of Hvalur hf. Commercial whaling has been a major concern against Iceland. European Union has offered union membership to Iceland in order to stop the cruelty caused by whaling. The tourism sector of Iceland is hence at risk as whaling and whale watching coexists. Both of these are deemed to be major contributors to the economy of Iceland.","PeriodicalId":196664,"journal":{"name":"Journal of Operations and Strategic Planning","volume":"5 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122770061","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}
Pub Date : 2020-02-20DOI: 10.1177/2516600X19896910
Priyaranjan Mallick, K. Muduli, Jitendra Narayan Biswal, J. Pumwa
Demand for poultry meat and eggs is increasing at a faster pace due to its good quality, nutritive values, and reasonable price. With the growing demand for egg and poultry meat, the demand for poultry feed is also increasing. Most of the feed ingredients which are used in poultry feed are also used for human nutrition. So these major feed ingredients and cumulatively poultry feed are facing market competition with increased cost. This study proposed linear programming (LP) technique to minimize the feed cost for small scale poultry farms. It employs locally available feed ingredients to formulate the broiler starter and finisher feed mix. The dietary nutrient requirement for broiler starter and finisher stage were determined from the prescribed standard specifications by Indian standard institutes and National Research Centers, Indian Council of Agricultural Research (ICAR). Sixteen feed ingredients were selected to formulate the optimal feed mix to minimize the total cost of feed mix subject to the essential nutrient constraints. Microsoft excel solver was used for the formulation of liner programming model and optimal feed mix for broiler starter and finisher were obtained.
{"title":"Broiler Poultry Feed Cost Optimization Using Linear Programming Technique","authors":"Priyaranjan Mallick, K. Muduli, Jitendra Narayan Biswal, J. Pumwa","doi":"10.1177/2516600X19896910","DOIUrl":"https://doi.org/10.1177/2516600X19896910","url":null,"abstract":"Demand for poultry meat and eggs is increasing at a faster pace due to its good quality, nutritive values, and reasonable price. With the growing demand for egg and poultry meat, the demand for poultry feed is also increasing. Most of the feed ingredients which are used in poultry feed are also used for human nutrition. So these major feed ingredients and cumulatively poultry feed are facing market competition with increased cost. This study proposed linear programming (LP) technique to minimize the feed cost for small scale poultry farms. It employs locally available feed ingredients to formulate the broiler starter and finisher feed mix. The dietary nutrient requirement for broiler starter and finisher stage were determined from the prescribed standard specifications by Indian standard institutes and National Research Centers, Indian Council of Agricultural Research (ICAR). Sixteen feed ingredients were selected to formulate the optimal feed mix to minimize the total cost of feed mix subject to the essential nutrient constraints. Microsoft excel solver was used for the formulation of liner programming model and optimal feed mix for broiler starter and finisher were obtained.","PeriodicalId":196664,"journal":{"name":"Journal of Operations and Strategic Planning","volume":"38 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-02-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127920886","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}
Pub Date : 2019-12-01DOI: 10.1177/2516600X19890709
Nayan Mitra
Abstract The concept of corporate social responsibility (CSR) is changing from charity and philanthropy to structures and mandates; from voluntary to statutory! Moreover, with the introduction of this mandated CSR in India, there is a sudden surge in CSR research and the differences in the concept of CSR between developed and developing countries have become evident. It is in this perspective that this research aims to study the macro structure of CSR in India; understand its CSR mandate and document the different tenets of this CSR mandate as found in literature. In the micro context, it also analyzes the mediating role of the (variable) corporate social responsibility (VCSR) between strategic management and firm performance.
{"title":"Strategic Role of Mandated Corporate Social Responsibility: The India Story","authors":"Nayan Mitra","doi":"10.1177/2516600X19890709","DOIUrl":"https://doi.org/10.1177/2516600X19890709","url":null,"abstract":"Abstract The concept of corporate social responsibility (CSR) is changing from charity and philanthropy to structures and mandates; from voluntary to statutory! Moreover, with the introduction of this mandated CSR in India, there is a sudden surge in CSR research and the differences in the concept of CSR between developed and developing countries have become evident. It is in this perspective that this research aims to study the macro structure of CSR in India; understand its CSR mandate and document the different tenets of this CSR mandate as found in literature. In the micro context, it also analyzes the mediating role of the (variable) corporate social responsibility (VCSR) between strategic management and firm performance.","PeriodicalId":196664,"journal":{"name":"Journal of Operations and Strategic Planning","volume":"36 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132582980","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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