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作者：Taube, Florian; Minner, Stefan
作者单位：Technical University of Munich; Technical University of Munich
摘要：We consider a periodic review single-item inventory model under stochastic demand. Every m periods, in the regular order period, fixed order costs are K. In the periods in-between, the intraperiods, higher fixed order costs of L>K$L>K$ apply. The literature on optimal inventory policies under fixed order costs does not account for these time-dependent fixed order costs. By generalizing existing proofs for optimal inventory policies, we close this gap in inventory theory. The optimal inventory ...
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作者：Liu, Jian; Zhou, Yong-Pin; Chen, Jian
作者单位：Nanjing University of Information Science & Technology; University of Washington; University of Washington Seattle; Tsinghua University
摘要：In this study, we analyze how customer perceptions of ex ante unfairness affect a service provider that offers a priority service option. Customers differ in their waiting time costs, but that information is private to each customer. To address this issue and maximize revenue, the service provider offers a regular queue and a priority queue with an additional fee, thereby inducing the self-selection of customers into those two queues. The customers make their service-joining decision, based on...
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作者：Niranjan, Tarikere T.; Ghosalya, Narendra K.; Menon, Raveen R.; Rotaru, Kristian; Gavirneni, Srinagesh
作者单位：Indian Institute of Technology System (IIT System); Indian Institute of Technology (IIT) - Bombay; Monash University; Monash University; Monash University; Cornell University
摘要：We report on the findings of five controlled experiments that test the effectiveness of proposed interventions aiming to improve both the process and outcomes of decision making when performing the newsvendor task. We use eye-tracking technology aided by interviews to gain new insights into people's cognitive processes. Our results confirm that human newsvendors exhibit the tendency of mean-reverting demand prediction using past demand even when the demand is independent and identically distri...
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作者：Orgut, Irem Sengul; Lodree, Emmett J.
作者单位：University of Alabama System; University of Alabama Tuscaloosa; University of Alabama System; University of Alabama Tuscaloosa
摘要：In the United States, food banks play an important role in helping to reduce the rate of food insecurity by distributing donated food among the population in need. One of the challenges that food banks face is to equitably distribute food donations among their clients such that, ideally, each recipient receives the same amount of food. They aim to do so while minimizing waste that occurs due to spoilage and capacity limitations. Perishable food items present specific challenges since they are ...
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作者：Li, Yiming; Li, Gang; Pan, Xiajun Amy
作者单位：Xi'an Jiaotong University; Xidian University; State University System of Florida; University of Florida; Xi'an Jiaotong University
摘要：We study return shipping insurance (RSI) policies prevalent on platforms such as JD.com and Taobao.com. Retailers on those platforms can purchase and provide RSI for consumers (RRSI) or offer an option for consumers to buy RSI themselves (CRSI). With either RSI, consumers will be partially compensated by an insurer for their shipping fees associated with product returns. As the consumers' uncertainty about product fit is realized only after purchase, their decisions whether to purchase CRSI ma...
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作者：Senoner, Julian; Kratzwald, Bernhard; Kuzmanovic, Milan; Netland, Torbjorn H.; Feuerriegel, Stefan
作者单位：Swiss Federal Institutes of Technology Domain; ETH Zurich; University of Munich; Swiss Federal Institutes of Technology Domain; ETH Zurich
摘要：To meet order fulfillment targets, manufacturers seek to optimize production schedules. Machine learning can support this objective by predicting throughput times on production lines given order specifications. However, this is challenging when manufacturers produce customized products because customization often leads to changes in the probability distribution of operational data-so-called distributional shifts. Distributional shifts can harm the performance of predictive models when deployed...
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作者：Bai, Xuanming; Choi, Tsan-Ming; Li, Yongjian; Sun, Xiaochen
作者单位：Tianjin University; University of Liverpool
摘要：Resale platforms such as Swappa and ThredUP, which provide a channel for product-holders to sell used products, have become common. Interestingly, in the presence of resale platforms, some firms, such as Apple, set lower rebates for the trade-in-for-upgrade (TU) mode instead of implementing the trade-in-for-upgrade-and-cash (TUC) mode as Huawei does. In this paper, we build game-theoretical models to explore how a firm should adjust its trade-in strategy (e.g., choose pricing and mode selectio...
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作者：Li, Ruobing; Xiao, Li; Yao, Dacheng
作者单位：Tsinghua Shenzhen International Graduate School; Tsinghua University; Chinese Academy of Sciences; Academy of Mathematics & System Sciences, CAS; Chinese Academy of Sciences; University of Chinese Academy of Sciences, CAS; Tsinghua University; Tsinghua Shenzhen International Graduate School
摘要：We consider a joint control of pricing and production in a two-item inventory system, where each item can be produced by its dedicated source or a shared flexible source, under the lost-sales setting. The demands of the two items are correlated. Due to the complexity caused by the lost-sales assumption and the interplay between pricing and production decisions, we show the optimal value function satisfies five structural properties under certain conditions. The optimal ordering and pricing pol...
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作者：Garcia, Gian-Gabriel P. S.; Lavieri, Mariel W.; McAllister, Thomas A.; McCrea, Michael P.; Broglio, Steven; CARE Consortium Investigators
作者单位：University System of Georgia; Georgia Institute of Technology; Indiana University System; Indiana University Bloomington; Medical College of Wisconsin; University of Michigan System; University of Michigan; University of Michigan System; University of Michigan
摘要：Patient-reported outcomes (PROs) play an increasingly important role in medical decision making. Yet, patients whose objectives differ from their physician's may strategically report symptoms to alter treatment decisions. For example, athletes may underreport symptoms to expedite return-to-play (RTP) from sports-related concussion (SRC). Thus, clinicians must implement treatment policies that mitigate the Price of Naivete, that is, the reduction in health outcomes due to naively believing stra...
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作者：Kuzu, Kaan; Soyer, Refik; Tarimcilar, Murat T.
作者单位：University of Wisconsin System; University of Wisconsin Milwaukee; George Washington University; University of Wisconsin System; University of Wisconsin Milwaukee
摘要：Nonhomogeneous Poisson process models have commonly been used to analyze and forecast arrivals. Such processes require specification of intensity (arrival rate) functions, which are typically defined in a parametric form. The accuracy of the parametric models is highly sensitive to the choice of the specific intensity function for the arrival process. We use a Bayesian framework by proposing a nonparametric form for the intensity function and introduce a robust semiparametric model. The model ...
