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作者:Merrick, Jason R. W.; Dorsey, Claire A.; Wang, Bo; Grabowski, Martha; Harrald, John R.
作者单位:Virginia Commonwealth University; Northeastern University; Le Moyne College; Rensselaer Polytechnic Institute; George Washington University
摘要:Advances in machine learning methods and the availability of new data sources show promise for improving prediction of operational risk. Maritime transportation is the backbone of global supply chains and maritime accidents can lead to costly disruptions. We describe a case study performed for the United States Coast Guard (USCG) to develop a prototype risk prediction system to provide early alerts of elevated risk levels to vessel traffic managers and operators in the Lower Mississippi River,...
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作者:Feng, Qi; Shanthikumar, J. George; Xue, Mengying
作者单位:Purdue University System; Purdue University; Chinese Academy of Sciences; University of Science & Technology of China, CAS
摘要:Choice models are widely applied in psychology, economics, transportation, marketing, and operations studies. We review the existing developments on the modeling of consumers' choices, including the attraction model, the utility-based model, the temporal model, and the rank-based model. The relationships among different classes of structural models are established and analyzed. Moreover, an operational data analytics (ODA) framework is presented to estimate the general consumer choice model us...
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作者:Yuan, Yue; Deily, Mary E.; Yao, Yuliang
作者单位:Lehigh University
摘要:We study consumers' valuation of status signals by estimating their willingness to pay for a luxury item with a quiet vs. a prominent logo. We collected data from two online markets on sales of two luxury handbags that differ principally in the prominence of their logo. We use these data to estimate the premium in consumers' willingness to pay for the handbag with the quiet logo, and to estimate how the condition of the handbag affects that premium. We find consumers are willing to pay a sizea...
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作者:Srai, Jagjit Singh; Joglekar, Nitin; Tsolakis, Naoum; Kapur, Sandeep
作者单位:University of Cambridge; Boston University; Punjab Agricultural University
摘要:Competing and coexisting policies (CACPs) may arise from the incompatibility of incentives, standards, and regulatory models between a local state and a federal government, or between two government jurisdictions across which supply networks operate. Traditional studies of supply chain dynamics typically explore the impact of policy regimens as standalone instruments. This study explores how the interplay between CACP regimens can affect the supply dynamics between producers, customers, and th...
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作者:Xiang, Yi; Soberman, David; Gatignon, Hubert
作者单位:China Europe International Business School; University of Toronto; INSEAD Business School
摘要:Understanding the patterns of demand evolution for a new category is important for firms to effectively manage capacity planning, market and service operations, and research and development. Our objective is to analyze how marketing at the industry level affects the evolution of primary demand in different stages of the product life cycle. We characterize the aggregate marketing activities in two constructs: marketing breadth and competitive spread. The first construct reflects the spread of s...
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作者:Ergin, Elcin; Gumus, Mehmet; Yang, Nathan
作者单位:McGill University; Cornell University
摘要:This study offers an empirical investigation of inventory and sales dynamics in a large-scale retail network setting. We infer the impact of product shortages on sales in neighboring outlets using unique data from a large fast fashion retailing chain and an Instrumented Difference-in-Differences (DDIV) methodology. Our analysis reveals that sales for a particular item at a focal store increases when that same item experiences stock-outs in neighboring stores. Our empirical findings suggest tha...
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作者:Akturk, M. Serkan; Ketzenberg, Michael
作者单位:Clemson University; Texas A&M University System; Texas A&M University College Station; Mays Business School
摘要:We use a proprietary data set from a national US department store chain to investigate the impact of competitor store closures on a major retailer. The transaction level data set includes nearly 80 million transactions, corresponding to $2 billion in sales over a 25-month period. We find that store sales increase with respect to a store's proximity to closed competitor locations. More interestingly, we find that online channel sales also increase in geographic locations where competitors close...
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作者:Astvansh, Vivek; Jindal, Niket
作者单位:Indiana University System; Indiana University Bloomington; Indiana University System; IU Kelley School of Business; Indiana University Bloomington; Indiana University System; Indiana University Bloomington; Indiana University System; IU Kelley School of Business; Indiana University Bloomington
摘要:With over half a trillion dollars in trade credit flowing between firms in the United States, it is critically important for managers to understand how the trade credit that their firm receives and provides affect its value. Trade credit is a strategic investment in supply chain relationships that allows the recipient to make payment later rather than at the time of the sale. A firm provides trade credit to its downstream business customers and also receives trade credit from its upstream supp...
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作者:Ba, Sulin; He, Shu; Lee, Shun-Yang
作者单位:University of Connecticut; Northeastern University
摘要:The mobile application (app) market is one of the fastest growing markets in recent years. In this study, we investigate how app adoption changes customers' hotel booking behaviors using a dataset of around 16,000 randomly selected customers' hotel booking and stay information from one of the largest hotel chains in China. Our analyses find that customer purchase frequency and total sales increased after app adoption. Additional investigation shows that customers' search behaviors also evolved...
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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 ...