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作者：Kumar, Subodha; Mallipeddi, Rakesh R.
作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; University System of Ohio; Ohio State University
摘要：The new age economy is primarily driven by Industry 4.0 and Industry 5.0, which facilitate smartification of organizations by helping them integrate and automate decision making. Recent advances in information and communication technologies, such as the cloud, big data, Internet of things, and artificial intelligence and nanotechnology, have accelerated the adoption of Industry 4.0 and Industry 5.0. Because of these advancements, organizations are now facing new challenges in the form of cyber...
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作者：Qiu, Liangfei; Liu, Ruiqi; Jin, Yong; Ding, Chao; Fan, Yangyang; Yeung, Andy C. L.
作者单位：State University System of Florida; University of Florida; Hong Kong Polytechnic University; University of Hong Kong; Hong Kong Polytechnic University
摘要：As one of the most important financial innovations in the last two decades, credit default swap (CDS) contracts have been initiated and actively traded in the market to hedge against credit risks. However, little is known about how these financial innovations affect an underlying firm's operations. In this empirical study, we find that an underlying firm's operational efficiency is significantly improved with the inception of CDS trading. Our results are robust to multiple causal identificatio...
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作者：Zhao, Cui; Wang, Xiaojun; Xiao, Yongbo; Sheng, Jie
作者单位：Tsinghua University; University of Bristol; Tsinghua University; University of London; Queen Mary University London
摘要：By providing useful product information from the perspective of other buyers, online product/service reviews can help customers better evaluate the true quality of products and judge whether a product is a good fit for them. Based on online reviews, firms may improve product quality and/or adjust selling price to compete with other firms. In this study, we investigate the effects of online reviews on product quality and pricing decisions in a duopoly market that consists of two competing firms...
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作者：Sapra, Amar; Jackson, Peter L.
作者单位：Indian Institute of Management (IIM System); Indian Institute of Management Bangalore; Singapore University of Technology & Design
摘要：Motivated by the potential growth of capacity markets due to 3-D manufacturing, we examine the integration of long- and short-term contracts for a capacity marketplace. In the marketplace, manufacturers and suppliers first participate in long-term contracts in which manufacturers reserve capacity at one or more suppliers. Subsequently, manufacturers and suppliers trade in a spot market to fulfill residual demand and sell residual capacity, respectively; in the spot market, the equilibrium pric...
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作者：Li, Rong; Song, Jing-Sheng Jeannette; Sun, Shuxiao; Zheng, Xiaona
作者单位：Syracuse University; Duke University; Minjiang University; Peking University
摘要：In 2020, inventory shrinkage eroded $61.7 billion profit in the U.S. retail industry. Unfortunately, fighting inventory shrinkage to protect retailers' already slim profits is challenging due to unknown shrinkage rates and invisible inventory levels. While the latter has been studied in the literature, the former has not. To deal with this challenge, we introduce two new features to the Bayesian inventory models: (1) interleaving customer and theft arrival processes that contribute to actual s...
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作者：Gong, Xiting; Chen, Youhua (Frank); Yuan, Quan
作者单位：Chinese University of Hong Kong; City University of Hong Kong; Zhejiang University
摘要：A total minimum commitment contract is a supply contract under which a firm commits to buying a minimum quantity of a product from its supplier during the contract duration (e.g., 1 year). Such contracts are widely used in industries, because they provide the buyer with flexibility in terms of the timing and size of each order and the supplier with a guaranteed total order volume. Previous studies on such contracts have focused primarily on the firm's inventory decisions, and none of them has ...
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作者：Robertson, Peter W.; Starr, Martin K.
作者单位：University of Wollongong; Columbia University; Rollins College
摘要：A dramatically changing business landscape characterized by volatility and uncertainty (which in turn are driven by unpredictable alterations of conditions by such factors as geopolitical events, climate changes, disasters-natural and human causes, reduction in food, potable water, and critical materials supply along with environmental contamination), has created a situation whereby a rethink of Production and Operations Management (POM) strategies and practices is considered timely and approp...
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作者：Astvansh, Vivek; Wang, Yen-Yao; Shi, Wei
作者单位：Indiana University System; Indiana University Bloomington; IU Kelley School of Business; Indiana University System; Indiana University Bloomington; Indiana University System; Indiana University Bloomington; IU Kelley School of Business; Indiana University System; Indiana University Bloomington; Indiana University System; Indiana University Bloomington; IU Kelley School of Business; Auburn University System; Auburn University; University of Miami
摘要：Does the news media's reporting of the safety (or the lack thereof) of a firm's products impact managers' voluntary recalls of the products? The current article empirically answers this question in the context of safety defects in vehicles of 22 manufacturers from June 2009 to December 2020 in the United States. Results show that the volume of news reports about safety in a manufacturer's products increases voluntary recalls by managers. Further, the negativity in these news reports strengthen...
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作者：Zhou, Minglong; Sim, Melvyn; Lam, Shao-Wei
作者单位：Fudan University; National University of Singapore; Singapore General Hospital
摘要：We study the problem of advance scheduling of ward admission requests in a public hospital, which affects the usage of critical resources such as operating theaters and hospital beds. Given the stochastic arrivals of patients and uncertain usage of resources, it is often infeasible for the planner to devise a risk-free schedule to meet these requests without violating resource capacity constraints and creating adverse effects that include healthcare overtime, long patient waiting times, and be...
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作者：Swink, Morgan; Hu, Kejia; Zhao, Xiande
作者单位：Texas Christian University; Vanderbilt University; China Europe International Business School
摘要：Technology, market, and competitive dynamics are requiring firms in restaurant/food service supply chains to improve their analytics capabilities, which have tended to lag behind other comparable industries. The global COVID-19 pandemic has further encouraged industrial leaders to evaluate new challenges and opportunities. Our research provides insights into current applications of analytics technologies and organizationally integrates these insights for decision-makers in restaurant supply ch...
