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作者:Ghosh, Vashkar; Paul, Anand; Yang, Zhechao; Zhu, Lingjiong
作者单位:University of North Carolina; University of North Carolina Greensboro; State University System of Florida; University of Florida; State University System of Florida; Florida State University
摘要:This paper studies the challenges involved in production planning in coproduction systems, specifically the production of semiconductor chips for light-emitting diodes (LEDs). The production output in this industry is characterized by a stochastic distribution over the targeted production metric; thus the whole range of production is not suitable for a specific application. We formulate a novel stochastic profit optimization problem with random production output and random demand-based on info...
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作者:Gao, Xing; Zhang, Yanfang; Zhong, Boyuan; Wang, Xifan; Wang, Ying
作者单位:Southeast University - China; Nanjing University of Finance & Economics; Nanjing University of Posts & Telecommunications
摘要:While chief executive officer (CEO) competitive aggressiveness can be frequently observed in competitive industries with heavy R&D (research and development) investment, studies on its impact on R&D strategies and hiring strategies for competing firms are rare. This article builds a Cournot-based game model to examine this issue and obtain many novel findings in a competitive duopolistic market. In particular, compared with two firms hiring noncompetitive CEOs, hiring competitive CEOs may hind...
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作者:Boyaci, Tamer; Chakraborty, Soudipta; Gurkan, Huseyin
作者单位:European School of Management & Technology; University of Kansas
摘要:We consider the information design problem of a demand-maximizing firm launching a product of unknown quality to a market consisting of customers who have heterogeneous prior beliefs about quality. The firm publicly discloses information about quality to all customers. These customers can subsequently opt to acquire additional information about the product at a cost from sources beyond the firm's control. Our study is motivated by the common practice of firms conducting public pilot tests or s...
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作者:Nair, Devadrita; Huchzermeier, Arnd
作者单位:WHU - Otto Beisheim School of Management; Massachusetts Institute of Technology (MIT)
摘要:Demand forecasting for seasonal products becomes especially challenging in the case of fast innovations, where the product portfolio is upgraded every season. In addition to the problem of forecasting demand without any historical data, companies also have to deal with frequent stockouts, which bias past sales and provide an unreliable anchor for making new forecasts. We show how one can use machine learning models to leverage information on comparable products from the past together with expe...
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作者:McKie, Erin C.; Chandrasekaran, Aravind; Venkataraman, Sriram
作者单位:University System of Ohio; Ohio State University; University of South Carolina System; University of South Carolina Columbia
摘要:Much of the responsibility for advancing the circular economy has been directed towards firms, yet many reuse opportunities can only be achieved through environmentally compliant, household-level recycling behaviors. In response, policymakers and recycling organizations are using a range of feedback mechanisms to promote household recycling that meets local quality standards. However, the effectiveness of these tactics remains unclear, and stakeholders are divided on the appropriateness of the...
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作者:Kumar, Subodha; Singhal, Vinod R.
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; University System of Georgia; Georgia Institute of Technology
摘要:We describe the process used to identify the ten most influential papers published in the Production and Operations Management (POM) journal in its first thirty years. We also briefly discuss and highlight the selected papers.
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作者:Lotfi, Ali; Jiang, Zhengrui; Naoum-Sawaya, Joe; Begen, Mehmet A.
作者单位:Western University (University of Western Ontario); Nanjing University
摘要:Frequently releasing a new product generation has become a common practice to sustain sales over time, thus accurately forecasting the sales trajectory of each product generation plays a vital role in the short-, medium-, and long-term planning of a firm. Classic multigeneration diffusion models do not incorporate within-generation repeat purchases, making them unusable for product lines with high rates of such purchases. Concentrating on technology products, we develop a multigeneration sales...
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作者:Kim, Hyunsoo; Jung, Hyun Ju; Lee, Chul Ho
作者单位:Korea Advanced Institute of Science & Technology (KAIST); Massachusetts Institute of Technology (MIT)
摘要:The literature in sustainability has emphasized external pressures as a main driver of firms' environmental responsibility. However, under similar external pressures, some firms search for environmental technology, while others do not. By focusing on information and communication technology (ICT) firms, we try to answer the question of when firms are motivated to search for renewable energy technology. Drawing on the framework of the behavioral theory of the firm, we propose that a mismatch be...
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作者:Andrade-Rojas, Mariana Giovanna; Kathuria, Abhishek; Lee, Hsiao-Hui
作者单位:University System of Georgia; University of Georgia; Indian School of Business (ISB); National Chengchi University
摘要:Firms' multilevel access to information plays a significant role in improving operating performance. Increasingly, firms are enhancing their operational integration through information technology (IT) as they grapple with intense competition. Competition networks are an essential but often overlooked source of information that, if leveraged correctly, can provide firms with significant competitive and operational advantages. In this study, we develop a multilevel research model of operating pe...
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作者:Qi, Meng; Shen, Zuo-Jun(Max); Zheng, Zeyu
作者单位:Cornell University; University of Hong Kong; University of Hong Kong; University of California System; University of California Berkeley
摘要:This work provides performance guarantees for solving data-driven contextual newsvendor problems when the contextual data contains intertemporal dependence and non-stationarities. While machine learning tools have observed increasing use in data-driven inventory management problems, most of the existing work assumes that the contextual data are independent and identically distributed (often referred to as i.i.d.). However, such assumptions are often violated in real operational environments wh...