2022

最新文章

• Dynamic Substitution for Selling Multiple Products under Supply and Demand Uncertainties AI翻译
  作者：Feng, Qi; Li, Chengzhang; Lu, Mengshi; Shanthikumar, Jeyaveerasingam George
  作者单位：Purdue University System; Purdue University; Shanghai Jiao Tong University
  摘要：Substitution is a commonly adopted strategy for matching the demand mix by appropriately allocating the supplies. The recent development of information technology has allowed firms to easily swap products to meet consumers' preferences. When formulating substitution policies, firms have to take into account the supply and demand conditions, as well as the cost and benefit of substitution. We formulate a dynamic model, in which the firm replenishes the product inventories from uncertain sources...
• Managing Reference-Group Effects in Sequential Product Upgrades AI翻译
  作者：Sun, Jiong; Xie, Jinhong; Chen, Tao; Li, Fei; Wang, Gao
  作者单位：Purdue University System; Purdue University; State University System of Florida; University of Florida; Johns Hopkins University; Tsinghua University; China Europe International Business School
  摘要：In this study, we examine how firms can leverage reference-group effects (RGEs) in sequential introduction of upgraded products. RGEs arise when consumers engage in social comparisons: leaders desire to distinguish themselves from followers and followers desire to mimic leaders. We find that RGEs have a non-monotonic impact on the profitability of product upgrades: a stronger RGE first increases and then decreases profits. This inverted-U effect is fundamentally driven by two opposite effects ...
• Competitive and Cooperative Assortment Games under Markov Chain Choice Model AI翻译
  作者：Nip, Kameng; Wang, Changjun; Wang, Zizhuo
  作者单位：Xiamen University; Chinese Academy of Sciences; Academy of Mathematics & System Sciences, CAS; The Chinese University of Hong Kong, Shenzhen; Shenzhen Research Institute of Big Data
  摘要：In this work, we study the assortment planning games in which multiple retailers interact in the market. Each retailer owns some of the products and their goal is to select a subset of products, that is, an assortment to offer to the customers so as to maximize their expected revenue. The purchase behavior of the customer is assumed to follow the Markov chain choice model. We consider two types of assortment games under the Markov chain choice model-a competitive game and a cooperative game. I...
• Beyond Retail Stores: Managing Product Proliferation along the Supply Chain AI翻译
  作者：Bicer, Isik; Lucker, Florian; Boyaci, Tamer
  作者单位：York University - Canada; City St Georges, University of London; European School of Management & Technology
  摘要：Product proliferation occurs in supply chains when manufacturers respond to diverse market needs by trying to produce a range of products from a limited variety of raw materials. In such a setting, delaying the point of the proliferation helps manufacturers improve their responsiveness by postponing the ordering decisions of the final products until there is partial or full resolution of the demand uncertainty. This strategy can be implemented in two different ways: (i) redesigning the operati...
• Consumer Surplus Under Demand Uncertainty AI翻译
  作者：Cohen, Maxime C.; Perakis, Georgia; Thraves, Charles
  作者单位：McGill University; Massachusetts Institute of Technology (MIT); Universidad de Chile
  摘要：Consumer Surplus is traditionally defined for the case where demand is a deterministic function of the price. However, demand is usually stochastic and hence stock-outs can occur. Policy makers who consider the impact of different regulations on Consumer Surplus often ignore the impact of demand uncertainty. We present a definition of the Consumer Surplus under stochastic demand. We then use this definition to study the impact of demand and supply uncertainty on consumers in several cases (add...
• Managing equipment rentals: Unreliable fleet, impatient customers, and finite commitment capacity AI翻译
  作者：Firouz, Mohammad; Li, Linda; Keskin, Burcu B.
  作者单位：University of Alabama System; University of Alabama Birmingham; Missouri State University; University of Alabama System; University of Alabama Tuscaloosa
  摘要：In this paper, we discuss fleet size decisions of an equipment rental firm. The availability of the rental equipment depends on the fleet size of the firm and has a direct impact on its profitability. In our setting, we allow for partial backordering, reneging, and finite commitment capacity. Moreover, we explicitly consider the breakdown possibility of the available equipment fleet. We develop an efficient recursive algorithm to solve the underlying two-dimensional stochastic single-player mo...
• Join, balk, or jettison? The effect of flexibility and ranking knowledge in systems with batch arrivals AI翻译
  作者：Bountali, Olga; Burnetas, Apostolos; Ormeci, Lerzan
  作者单位：University of Toronto; National & Kapodistrian University of Athens; Koc University
  摘要：Families that visit theme parks like Disneyland are debating on two aspects when they try to determine whether they prefer to join an activity of interest or would rather balk: (1) Is it better to join or balk as a group or allow the flexibility to get separated and jettison some members? and (2) Will it make any difference if they set a ranking among themselves beforehand as to who will be served first, second, etc.? We tackle the effect of flexibility and ranking knowledge and answer the abo...
• Optimal Scale-Up of HIV Treatment Programs in Resource-Limited Settings Under Supply Uncertainty AI翻译
  作者：Deo, Sarang; Mehta, Sameer; Corbett, Charles J.
  作者单位：Indian School of Business (ISB); Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC; University of California System; University of California Los Angeles
  摘要：This study is motivated by the challenges faced by clinics in sub-Saharan Africa in allocating scarce and unreliable supply of antiretroviral drugs (ARVs) among a large pool of eligible patients. Existing discussion of ARV allocation is focused on qualitative rules for prioritizing certain socioeconomic and demographic patient segments over others at the national level. However, such prioritization rules are of limited utility in providing quantitative guidance on scaling up of treatment progr...
• Stochastic Sequential Allocations for Creative Crowdsourcing AI翻译
  作者：Tian, Xuhan; Shi, Junmin (Jim); Qi, Xiangtong
  作者单位：Hong Kong University of Science & Technology; New Jersey Institute of Technology
  摘要：Creative crowdsourcing is an innovative online business model in which a platform marshals independent professionals (e.g., designers) to conduct creative work projects. Typically, clients submit project requests stochastically to a platform which possesses a pool of registered designers. For each submitted project, designers decide whether to participate and attempt to submit a design, and the client either chooses a winner among all submissions, or rejects them all, based on subjective crite...
• Pioneering role of the Production and Operations Management in promoting empirical research in operations management AI翻译
  作者：Roth, Aleda M.; Singhal, Vinod R.
  作者单位：Clemson University; University System of Georgia; Georgia Institute of Technology
  摘要：We describe the pioneering role of the Production and Operations Management (POM) in promoting empirical research in innovation, operations, and supply chain management. We also review and discuss the most influential empirical papers published in POM based on each paper's Google Scholar citation counts. We selected the top 200 cited papers from the 2085 papers published or forthcoming in POM to identify the most influential empirical papers. We classify these 200 papers into three categories:...