Construct · 1 fields · 1 citations

pull-to-center effect: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
pull-to-centereffect1 CONSTRUCTPull-to-center effectSCHWEITZER · OPERATIONS

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Operations management

the tendency of decision makers to order quantities between the optimal newsvendor quantity and average demand.

In operations management, pull-to-center effect refers to the tendency of decision makers to order quantities between the optimal newsvendor quantity and average demand. This meaning comes from Schweitzer (2000) in Management Science.[1]

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Nearby constructs

ex-post inventory error minimization1 fields · 1 citationsanchor · a standalone constructdemand4 fields · 4 citationsjingle · one word, four constructsoperation1 fields · 1 citationsanchor · a standalone construct

References

  1. Schweitzer, M. E., & Cachon, G. P. (2000). Decision Bias in the Newsvendor Problem with a Known Demand Distribution: Experimental Evidence. Management Science, 46(3), 404-420. https://doi.org/10.1287/mnsc.46.3.404.12070

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