Search results for "Economic Recession"
showing 2 items of 22 documents
Changing Economic Conditions and Identity Formation in Adulthood
2010
Identity formation in political and occupational domains was examined from young to middle adulthood based on an ongoing longitudinal study. In addition to the participants’ identity status (diffused, moratorium, foreclosed, achieved), we assessed their perceived importance of politics, future orientation, and career stability four times in adulthood, at ages 27, 36, 42, and 50. The number of participants varied between analyses, from 168 to 291. Changes in the economic situation in Finland from 1986 to 2009 provided a context for the study. Data collections at ages 36 (in 1995) and 50 (in 2009) took place during economic recessions, and at age 42 (in 2001) during an economic boom. The res…
Current economic downturn and supply chain: The significance of demand and inventory smoothing
2014
The aim of this article is to analyse and quantify the effects of demand and inventory smoothing into supply-chain performance, facing the extreme volatility and impetuous alteration of the market produced by the current economic recession. To do so, we model a traditional serial three-stage supply chain and we test five settings of order smoothing under two shocks in the market demand, and we measure effects in terms of internal process benefits and customer service level of all supply chain partners. Results show that the implementation of this inventory strategy should be based on reward schemes; in fact a higher level of smoothing can generally improve the performance of the upstream st…