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作者:Sethuraman, Nagarajan; Parlakturk, Ali K.; Swaminathan, Jayashankar M.
作者单位:University of Kansas; University of North Carolina; University of North Carolina Chapel Hill
摘要:There is a growing interest in the industry around 3D printing. A related phenomenon is personal fabrication (PF) in which a firm sells products' design and lets the customers personalize and manufacture the product using 3D printing services. In this paper, we characterize the market and operational conditions that make PF an attractive operational strategy. We propose a demand market model that captures customer heterogeneity in taste (horizontal) and quality (vertical) dimensions while allo...
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作者:Dong, Lingxiu; Xiao, Guang; Yang, Nan
作者单位:Washington University (WUSTL); Hong Kong Polytechnic University; University of Miami
摘要:Supply diversification and pricing are two common mechanisms for dealing with supply yield uncertainty. This paper characterizes a firm's pricing and sourcing decisions under supply yield uncertainty, and studies the interplay between the two mechanisms. We compare the optimal sourcing decisions under two distinct pricing schemes: (1) ex ante pricing-the firm simultaneously makes the sales price and sourcing decisions before production takes place; (2) responsive pricing-the pricing decision i...
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作者:Kirshner, Samuel N.; Moritz, Brent B.
作者单位:University of New South Wales Sydney; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要:Determining inventory ahead of knowing customer demand is a crucial decision for many businesses. Although it is possible to select the ideal order quantity given the costs of over and undersupplying demand, prior research demonstrates that decision-makers consistently make suboptimal inventory choices. Drawing on construal level theory and psychological distance, this paper explores how differences in the spatial distance (suppliers that are geographically near or far) and temporal distance (...
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作者:Zhang, Xiaoling; Zhang, Ke; Li, Shibo; Koenitz, Damien
作者单位:Shanghai University of International Business & Economics; Shanghai University; Indiana University System; Indiana University Bloomington; IU Kelley School of Business; Shanghai University
摘要:Previous research from both marketing and operations management has shown that servicescape design, as an effective retail operations strategy, can significantly influence consumers' purchases. We extend this literature by investigating how fixture shape, an important environmental factor that has received little attention in previous studies, can influence consumer purchase intentions at retail checkout. Findings from a field study and three online experiments consistently suggest that tower-...
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作者:Liang, Liang; Chen, Jingxian; Yao, Dong-qing
作者单位:Hefei University of Technology
摘要:In practice, manufacturers may encroach on retail markets through a variety of methods, one being through the use of an online channel direct to the consumers, called encroachment. Current research typically assumes that downstream retailers retain procurement from the encroaching supplier. In reality, however, retailers may have the option of switching suppliers after encroachment. By considering a supply chain consisting of one manufacturer and one retailer with outside options, this paper a...
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作者:Fan, Xiaoshuai; Wu, Qingye; Chen, Ying-Ju; Tang, Christopher S.
作者单位:Southern University of Science & Technology; Hong Kong University of Science & Technology
摘要:Many companies are under pressure to improve pay transparency; however, its impact on their agents and principals remains unclear. As a way to investigate the upside and downside of pay transparency, we conduct our study based on a scenario in which agents have cognitive bias (namely, over- or underconfident). We also capture the notion of social comparisons behavior (namely, behind-averse and ahead-seeking) that occurs under pay transparency. By exploring a one-principal-two-agent model, we f...
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作者:Ghosh, Bikram P.; Galbreth, Michael R.
作者单位:University of Arizona; University of Arizona; University of Tennessee System; University of Tennessee Knoxville
摘要:When considering a purchase, consumers often augment their private information about a product with anonymous online social information (reviews, etc.). We examine the impact on firm strategy of how consumers weight these two information sources-private and social-in their purchase decisions. An increase in weight on private information always results in higher prices at the interior equilibrium. However, the effects on profits, consumer, and total surplus are nonmonotonic: all increasing with...
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作者:Kazaz, Burak; Webster, Scott; Yadav, Prashant
作者单位:Syracuse University; Arizona State University; Arizona State University-Tempe; INSEAD Business School; Arizona State University; Arizona State University-Tempe
摘要:We study mechanisms that encourage manufacturers of health products to build production and distribution capacity. This is important for low- and middle-income country (LMIC) markets where ability to pay is lower and demand risks are greater. Development finance institutions and philanthropies are beginning to utilize new instruments to incentivize manufacturers to build production/distribution capacity for LMIC markets. The goal of this paper is to understand the effectiveness of such mechani...
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作者:Sun, Kai; Sun, Minghe; Agrawal, Deepak; Dravenstott, Ronald; Rosinia, Frank; Roy, Arkajyoti
作者单位:University of Texas System; University of Texas at San Antonio; University of Texas System; University of Texas at San Antonio; University of Texas System; University of Texas at San Antonio
摘要:This work addresses the practical anesthesiologist scheduling (AS) problem motivated by the needs of an academic anesthesiology department. The AS problem requires the department to plan and deploy providers to adequately meet clinical demand and institutional protocols of various clinical units over a planning horizon of up to several weeks. A data-driven two-step AS framework is developed by exploiting the historical demand data of anesthesia cases. The first step is a shift design which obt...
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作者:Chen, Jialie
作者单位:University of Arkansas System; University of Arkansas Fayetteville; University of Arkansas System; University of Arkansas Fayetteville
摘要:Ending-9 prices are extremely popular among retailers, leveraging consumers' perception biases. However, despite the popularity of this pricing strategy, understanding of its impact on online retailers is still limited. This is particularly true given the complexity of online retail where consumers need to traverse a shopping funnel, consisting of decisions with shopping cart and purchases. This study aims to answer the following three questions: First, do consumers hold a perception bias towa...