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作者:Yang, Cenying; Feng, Yihao; Whinston, Andrew
作者单位:City University of Hong Kong; University of Texas System; University of Texas Austin; University of Texas System; University of Texas Austin
摘要:Failing to sell fresh produce before expiration not only hurts the bottom line of grocery retailers, but also leads to food waste. This work combines dynamic pricing and information disclosure to help retailers to effectively sell fresh produce and promote sustainability. We focus on a quality-based pricing strategy and whether retailers should disclose information on food quality to customers. We consider a model where a monopolistic retailer sells fresh produce to customers who have differen...
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作者:Ozturk, O. Cem; Tereyagoglu, Necati
作者单位:University of South Carolina System; University of South Carolina Columbia
摘要:Traditional analyses of firms that compete in multiple markets examine settings in which firms sell directly to consumers. However, in many industries, firms sell their products through intermediaries. Importantly, these firms usually have common intermediaries, and the degree of this overlap varies across markets and over time. We empirically study the effect of the asymmetry of distribution channel relationship overlap across markets on retail prices. An increase in distribution channel rela...
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作者:Sun, Zhankun; Argon, Nilay Tanik; Ziya, Serhan
作者单位:City University of Hong Kong; University of North Carolina; University of North Carolina Chapel Hill
摘要:In service systems with heterogeneous customers, prioritization with respect to the relative importance of customers is known to improve certain performance measures. However, in many applications, information necessary to determine the importance level of a customer may not be available immediately but can be revealed only through some preliminary investigation, which is sometimes called triage. This triage process is typically error-prone and may take substantial amount of time, and hence, i...
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作者:Chen, Jing; Wei, Hang; Xie, Lei
作者单位:Southeast University - China; Shanghai University of Finance & Economics
摘要:We consider a single-period manufacturing problem wherein a risk-neutral manufacturer procures product components from an upstream supplier. Component quality is uncertain. Dysfunctional components result in defective products associated with an external failure cost. There is external financing pressure related to financial stress. The manufacturer can use the internal cash-flow and a collateralized loan to manage product quality risk through incoming inspection, business insurance, and cash ...
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作者:Zhou, Zenan; Wan, Xiang
作者单位:University System of Ohio; Ohio State University
摘要:In this paper, we study the disruptive power of the mobile digital sharing economy to the road freight logistics industry. New information technologies, such as the mobile internet, mobile payment methods, and GPS, have enabled platforms to match freight shippers' demand with carriers' supply by utilizing the convenience and mobility of smartphones. We empirically study the influence of the emergence of mobile digital freight matching platforms in the U.S. on the profitability and stock perfor...
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作者:Choi, Tsan-Ming; Kumar, Subodha; Yue, Xiaohang; Chan, Hau-Ling
作者单位:National Taiwan University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; University of Wisconsin System; University of Wisconsin Milwaukee; Hong Kong Polytechnic University
摘要:In the Industry 4.0 era, automation and data analytics emerge as the major forces to enhance efficiency in operations management (OM). Disruptive technologies, such as artificial intelligence, robotics, blockchain, 3D printing, 5G, Internet-of-Thing, digital twins, and augmented reality, are widely applied. They potentially will bring a radical change to real world operations. In this study, we first explore several major disruptive technologies, examine the corresponding OM studies, and highl...
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作者:Kloeckner, Maximilian; Schmidt, Christoph G.; Wagner, Stephan M.
作者单位:Swiss Federal Institutes of Technology Domain; ETH Zurich
摘要:Blockchain is a prominently discussed technology in operations and supply chain management and firms increasingly engage in blockchain initiatives. Yet, an understanding of the technology's financial value remains elusive. Based on 175 firm announcements between 2015 and 2019, we conduct an international event study to estimate the impact of blockchain initiatives on the market value of the firm. We empirically demonstrate that blockchain announcements are associated with a significant average...
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作者:Nenova, Zlatana; Shang, Jennifer
作者单位:University of Denver; Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh
摘要:Physicians caring for chronically ill individuals need to predict patients' disease progression, as accurate disease projections can facilitate better treatment decisions. The power of prediction is prevention, as it is easier to prevent than to reverse. In this research, we propose a data-driven model for accurate and fast disease trajectory prediction, using electronic health records (EHRs) from Veterans Affairs Hospitals. EHRs contain tremendous amount of frequently updated, highly dimensio...
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作者:Li, Ziru; Liang, Chen; Hong, Yili; Zhang, Zhongju
作者单位:Arizona State University; Arizona State University-Downtown Phoenix; University of Connecticut; University of Houston System; University of Houston; Arizona State University; Arizona State University-Tempe
摘要:The role of information technology (IT) in managing operations that support environmentally sustainable growth has been emphasized a lot in operations management and information systems research. In this paper, we study the impact of the IT-based on-demand ridesharing platforms on an important aspect of sustainability-traffic congestion. Our theoretical prediction suggests two countervailing effects from the entry of ridesharing platforms to urban areas: the efficiency-enhancing effect that re...
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作者:Wang, Tan; Gutierrez, Genaro
作者单位:University of Texas System; University of Texas Austin
摘要:Many decisions must be made before relevant uncertainties are revealed; hence robustness approaches to decision making are often considered. There are two major approaches to robustness in the literature: (i) maximizing the value of the worst outcome and (ii) minimizing the maximum ex post regret of the decision. While the first approach seeks the best worst-case outcome, it may result in substantial opportunity losses relative to the ex post optimal decision; this is particularly critical in ...