ADVANCES IN BUSINESS AND MANAGEMENT FORECASTING

ADVANCES IN BUSINESS AND MANAGEMENT FORECASTING

Series Editors: Kenneth D. Lawrence and Ronald K. Klimberg

Recent Volumes:

Volume 1:Advances in Business and Management Forecasting: Forecasting Sales
Volume 2:Advances in Business and Management Forecasting
Volume 3:Advances in Business and Management Forecasting
Volume 4:Advances in Business and Management Forecasting
Volume 5:Advances in Business and Management Forecasting
Volume 6:Advances in Business and Management Forecasting
Volume 7:Advances in Business and Management Forecasting
Volume 8:Advances in Business and Management Forecasting
Volume 9:Advances in Business and Management Forecasting
Volume 10:Advances in Business and Management Forecasting
Volume 11:Advances in Business and Management Forecasting

ADVANCES IN BUSINESS AND MANAGEMENT FORECASTING VOLUME 12

ADVANCES IN BUSINESS AND MANAGEMENT FORECASTING

EDITED BY

KENNETH D. LAWRENCE

New Jersey Institute of Technology, Newark, NJ, USA

RONALD K. KLIMBERG

Saint Joseph’s University, Philadelphia, PA, USA

United Kingdom – North America – Japan – India – Malaysia – China

Emerald Publishing Limited

Howard House, Wagon Lane, Bingley BD16 1WA, UK

First edition 2018

Copyright © 2018 Emerald Publishing Limited

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No part of this book may be reproduced, stored in a retrieval system, transmitted in any form or by any means electronic, mechanical, photocopying, recording or otherwise without either the prior written permission of the publisher or a licence permitting restricted copying issued in the UK by The Copyright Licensing Agency and in the USA by The Copyright Clearance Center. Any opinions expressed in the chapters are those of the authors. Whilst Emerald makes every effort to ensure the quality and accuracy of its content, Emerald makes no representation implied or otherwise, as to the chapters’ suitability and application and disclaims any warranties, express or implied, to their use.

British Library Cataloguing in Publication Data

A catalogue record for this book is available from the British Library

ISBN: 978-1-78743-070-9 (Print)

ISBN: 978-1-78743-069-3 (Online)

ISBN: 978-1-78743-256-7 (Epub)

ISSN: 1477-4070 (Series)

Matthew ButlerUniversity of York
Catherine CardamoneSaint Joseph’s University
Okan DuruTexas A&M University
Kathleen Campbell GarwoodSaint Joseph’s University
Zhimin HuangAdelphi University
Sudhanshu JoshiDoon University
Ronald K. KlimbergSaint Joseph’s University
Kenneth D. KoPepperdine University
Stephan KudybaSchool of Management, New Jersey Institute of Technology
Kenneth D. LawrenceSchool of Management, New Jersey Institute of Technology
Sheila M. LawrenceSchool of Management and Labor Relations, Rutgers, The State University of New Jersey
Matthew LindseyStephen F. Austin State University
Virginia M. MioriSaint Joseph’s University
Son NguyenBryant University
Yasen NuermaitiUniversity of Science and Technology of China
Alan OlinskyBryant University
Robert PavurUniversity of North Texas
John QuinnBryant University
Shalu RathiDoon University
Samuel RatickClark University
Manu SharmaUniversity of Petroleum and Energy Studies
Harvey SmithARI
Feng YangUniversity of Science and Technology of China

EDITORS-IN-CHIEF

Kenneth D. Lawrence

New Jersey Institute of Technology

Ronald K. Klimberg

Saint Joseph’s University

SENIOR EDITORS

  • Patrick Hester

    Old Dominion University

  • Zhimin Huang

    Adelphi University

  • Douglas Jones

    Rutgers University

  • John J. Kros

    East Carolina University

  • Stephen Kudbya

    New Jersey Institute of Technology

  • Sheila M. Lawrence

    Rutgers, The State University of New Jersey

  • Virginia Miori

    Saint Joseph’s University

  • Daniel O’Leary

    University of Southern California

  • Dinesh R. Pai

    The Pennsylvania State University

  • William Steward

    College of William and Mary

  • Frenck Waage

    University of Massachusetts

  • David J. Weiss

    Rutgers, The State University of New Jersey