{"id":"https://openalex.org/W2102581002","doi":"https://doi.org/10.1057/palgrave.jors.2601547","title":"Loans, ordering and shortage costs in start-ups: a dynamic stochastic decision approach","display_name":"Loans, ordering and shortage costs in start-ups: a dynamic stochastic decision approach","publication_year":2003,"publication_date":"2003-05-01","ids":{"openalex":"https://openalex.org/W2102581002","doi":"https://doi.org/10.1057/palgrave.jors.2601547","mag":"2102581002"},"language":"en","primary_location":{"id":"doi:10.1057/palgrave.jors.2601547","is_oa":false,"landing_page_url":"https://doi.org/10.1057/palgrave.jors.2601547","pdf_url":null,"source":{"id":"https://openalex.org/S169988927","display_name":"Journal of the Operational Research Society","issn_l":"0160-5682","issn":["0160-5682","1476-9360"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319703","host_organization_name":"Palgrave Macmillan","host_organization_lineage":["https://openalex.org/P4310319703","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Palgrave Macmillan","Springer Nature"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of the Operational Research Society","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://www.research.ed.ac.uk/en/publications/59faf4fc-9bb7-4fa1-907a-6fbde22845b2","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5037155722","display_name":"Edgar Possani","orcid":"https://orcid.org/0000-0002-1127-810X"},"institutions":[{"id":"https://openalex.org/I43439940","display_name":"University of Southampton","ror":"https://ror.org/01ryk1543","country_code":"GB","type":"education","lineage":["https://openalex.org/I43439940"]}],"countries":["GB"],"is_corresponding":true,"raw_author_name":"E Possani","raw_affiliation_strings":["University of Southampton UK"],"affiliations":[{"raw_affiliation_string":"University of Southampton UK","institution_ids":["https://openalex.org/I43439940"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5008990681","display_name":"Lyn C. Thomas","orcid":"https://orcid.org/0000-0002-3727-4772"},"institutions":[{"id":"https://openalex.org/I43439940","display_name":"University of Southampton","ror":"https://ror.org/01ryk1543","country_code":"GB","type":"education","lineage":["https://openalex.org/I43439940"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"L C Thomas","raw_affiliation_strings":["University of Southampton UK"],"affiliations":[{"raw_affiliation_string":"University of Southampton UK","institution_ids":["https://openalex.org/I43439940"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5114374327","display_name":"Thomas W. Archibald","orcid":"https://orcid.org/0000-0002-3132-7909"},"institutions":[{"id":"https://openalex.org/I98677209","display_name":"University of Edinburgh","ror":"https://ror.org/01nrxwf90","country_code":"GB","type":"education","lineage":["https://openalex.org/I98677209"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"T W Archibald","raw_affiliation_strings":["University of Edinburgh UK","University of Edinburgh (UK)"],"affiliations":[{"raw_affiliation_string":"University of Edinburgh UK","institution_ids":["https://openalex.org/I98677209"]},{"raw_affiliation_string":"University of Edinburgh (UK)","institution_ids":["https://openalex.org/I98677209"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5037155722"],"corresponding_institution_ids":["https://openalex.org/I43439940"],"apc_list":null,"apc_paid":null,"fwci":1.0336,"has_fulltext":false,"cited_by_count":6,"citation_normalized_percentile":{"value":0.87031665,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":90,"max":95},"biblio":{"volume":"54","issue":"5","first_page":"539","last_page":"548"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T12851","display_name":"Firm Innovation and Growth","score":0.9961000084877014,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T12851","display_name":"Firm Innovation and Growth","score":0.9961000084877014,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.9858999848365784,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10768","display_name":"Electric Vehicles and Infrastructure","score":0.9753000140190125,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/purchasing","display_name":"Purchasing","score":0.7916089296340942},{"id":"https://openalex.org/keywords/markov-decision-process","display_name":"Markov decision process","score":0.566712498664856},{"id":"https://openalex.org/keywords/economic-shortage","display_name":"Economic shortage","score":0.5308958888053894},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.511116087436676},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.4604843556880951},{"id":"https://openalex.org/keywords/operations-research","display_name":"Operations research","score":0.39127466082572937},{"id":"https://openalex.org/keywords/industrial-organization","display_name":"Industrial organization","score":0.3285039961338043},{"id":"https://openalex.org/keywords/markov-process","display_name":"Markov process","score":0.31406041979789734},{"id":"https://openalex.org/keywords/marketing","display_name":"Marketing","score":0.28087735176086426}],"concepts":[{"id":"https://openalex.org/C2778813691","wikidata":"https://www.wikidata.org/wiki/Q1369832","display_name":"Purchasing","level":2,"score":0.7916089296340942},{"id":"https://openalex.org/C106189395","wikidata":"https://www.wikidata.org/wiki/Q176789","display_name":"Markov decision process","level":3,"score":0.566712498664856},{"id":"https://openalex.org/C194051981","wikidata":"https://www.wikidata.org/wiki/Q1337691","display_name":"Economic shortage","level":3,"score":0.5308958888053894},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.511116087436676},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4604843556880951},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.39127466082572937},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.3285039961338043},{"id":"https://openalex.org/C159886148","wikidata":"https://www.wikidata.org/wiki/Q176645","display_name":"Markov process","level":2,"score":0.31406041979789734},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.28087735176086426},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.0},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C2778137410","wikidata":"https://www.wikidata.org/wiki/Q2732820","display_name":"Government (linguistics)","level":2,"score":0.0},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0}],"mesh":[],"locations_count":7,"locations":[{"id":"doi:10.1057/palgrave.jors.2601547","is_oa":false,"landing_page_url":"https://doi.org/10.1057/palgrave.jors.2601547","pdf_url":null,"source":{"id":"https://openalex.org/S169988927","display_name":"Journal of the Operational Research Society","issn_l":"0160-5682","issn":["0160-5682","1476-9360"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319703","host_organization_name":"Palgrave Macmillan","host_organization_lineage":["https://openalex.org/P4310319703","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Palgrave Macmillan","Springer Nature"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of the Operational Research Society","raw_type":"journal-article"},{"id":"pmh:oai:pure.ed.ac.uk:openaire/59faf4fc-9bb7-4fa1-907a-6fbde22845b2","is_oa":true,"landing_page_url":"https://www.research.ed.ac.uk/en/publications/59faf4fc-9bb7-4fa1-907a-6fbde22845b2","pdf_url":null,"source":{"id":"https://openalex.org/S4406922455","display_name":"Edinburgh Research Explorer","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Archibald, T, Possani, E & Thomas, L C 2003, 'Loans, ordering and shortage costs in start ups: A dynamic stochastic decision approach', Journal of the Operational Research Society, vol. 54, pp. 539-548.","raw_type":"info:eu-repo/semantics/publishedVersion"},{"id":"pmh:oai:eprints.soton.ac.uk:36129","is_oa":false,"landing_page_url":null,"pdf_url":null,"source":{"id":"https://openalex.org/S4306401019","display_name":"ePrints Soton (University of Southampton)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I43439940","host_organization_name":"University of Southampton","host_organization_lineage":["https://openalex.org/I43439940"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":"","raw_type":"Monograph"},{"id":"pmh:hdl:10068/500936","is_oa":false,"landing_page_url":"http://hdl.handle.net/10068/500936","pdf_url":null,"source":{"id":"https://openalex.org/S4377196900","display_name":"OpenGrey (Institut de l'Information Scientifique et Technique)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I1295345811","host_organization_name":"Institut de l'Information Scientifique et Technique","host_organization_lineage":["https://openalex.org/I1295345811"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"R - Report"},{"id":"pmh:oai:RePEc:pal:jorsoc:v:54:y:2003:i:5:d:10.1057_palgrave.jors.2601547","is_oa":false,"landing_page_url":"http://link.springer.com/10.1057/palgrave.jors.2601547","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:eprints.soton.ac.uk:35754","is_oa":false,"landing_page_url":"https://eprints.soton.ac.uk/35754/","pdf_url":null,"source":{"id":"https://openalex.org/S4306401019","display_name":"ePrints Soton (University of Southampton)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I43439940","host_organization_name":"University of Southampton","host_organization_lineage":["https://openalex.org/I43439940"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Article"},{"id":"pmh:oai:pure.ed.ac.uk:publications/59faf4fc-9bb7-4fa1-907a-6fbde22845b2","is_oa":false,"landing_page_url":"http://hdl.handle.net/20.500.11820/59faf4fc-9bb7-4fa1-907a-6fbde22845b2","pdf_url":null,"source":{"id":"https://openalex.org/S4406922455","display_name":"Edinburgh Research Explorer","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":""}],"best_oa_location":{"id":"pmh:oai:pure.ed.ac.uk:openaire/59faf4fc-9bb7-4fa1-907a-6fbde22845b2","is_oa":true,"landing_page_url":"https://www.research.ed.ac.uk/en/publications/59faf4fc-9bb7-4fa1-907a-6fbde22845b2","pdf_url":null,"source":{"id":"https://openalex.org/S4406922455","display_name":"Edinburgh Research Explorer","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Archibald, T, Possani, E & Thomas, L C 2003, 'Loans, ordering and shortage costs in start ups: A dynamic stochastic decision approach', Journal of the Operational Research Society, vol. 54, pp. 539-548.","raw_type":"info:eu-repo/semantics/publishedVersion"},"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":8,"referenced_works":["https://openalex.org/W1972622297","https://openalex.org/W2091881747","https://openalex.org/W2119567691","https://openalex.org/W2124597406","https://openalex.org/W2149640207","https://openalex.org/W2160235054","https://openalex.org/W2303010917","https://openalex.org/W2334782222"],"related_works":["https://openalex.org/W2351217280","https://openalex.org/W2086836292","https://openalex.org/W2354083748","https://openalex.org/W2357949222","https://openalex.org/W2338005294","https://openalex.org/W2954733677","https://openalex.org/W2033865166","https://openalex.org/W187740018","https://openalex.org/W2162286586","https://openalex.org/W4255368532"],"abstract_inverted_index":{"Start-up":[0],"companies":[1,19],"are":[2,20],"a":[3,10,34,98],"vital":[4],"ingredient":[5],"in":[6,22,28,55,89,112],"the":[7,24,29,49,75,82,113],"success":[8],"of":[9,26,42,51,115],"globalised":[11],"networked":[12],"world":[13],"economy.":[14],"We":[15,32],"believe":[16],"that":[17,80],"such":[18],"interested":[21],"maximising":[23],"chance":[25],"surviving":[27],"long":[30],"term.":[31],"present":[33],"Markov":[35],"decision":[36],"model":[37,47],"to":[38,74],"analyse":[39],"survival":[40],"probabilities":[41],"start-up":[43,83],"manufacturing":[44],"companies.":[45],"Our":[46],"examines":[48],"implications":[50],"their":[52,58],"operating":[53],"decisions,":[54],"particular":[56],"how":[57],"inventory":[59],"strategy":[60,93,110],"is":[61,78,108],"influenced":[62],"by":[63],"purchasing,":[64],"shortage,":[65],"transportation":[66],"and":[67],"ordering":[68],"costs,":[69],"as":[70,72],"well":[71],"loans":[73],"firm.":[76],"It":[77],"shown":[79],"although":[81],"company":[84,100],"should":[85,102],"be":[86,104],"more":[87],"conservative":[88],"its":[90,109],"component":[91],"purchasing":[92],"than":[94],"if":[95],"it":[96,101],"were":[97],"well-established":[99],"not":[103],"too":[105],"conservative.":[106],"Nor":[107],"monotone":[111],"amount":[114],"capital":[116],"available.":[117]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2023,"cited_by_count":1},{"year":2017,"cited_by_count":1},{"year":2014,"cited_by_count":1}],"updated_date":"2026-04-04T16:13:02.066488","created_date":"2025-10-10T00:00:00"}
