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作者:Li, Meng; Liu, Yunchuan
作者单位:University of Houston System; University of Houston; University of Illinois System; University of Illinois Urbana-Champaign
摘要:Many retailers and manufacturers accept product returns from consumers (via money-back guarantees) and retailers (via full-credit return policies) respectively. While the extant literature focuses on either manufacturer or retailer return policies, this study investigates both return policies and finds that a manufacturer's return policy can induce the retailer to adopt a return policy. Although accepting consumer returns hurts the manufacturer when the manufacturer sells through non-competing...
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作者:Fayezi, Sajad; Benstead, Amy; Gold, Stefan; Klassen, Robert; Van Wassenhove, Luk
作者单位:Memorial University Newfoundland; University of Manchester; Universitat Kassel; INSEAD Business School
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作者:Li, Hongmin; Huh, Woonghee T.; Sampaio, Matheus C.; Keng, Naiping
作者单位:Arizona State University; Arizona State University-Tempe; University of British Columbia; Northwestern University
摘要:We present and solve a joint production and qualification planning problem for a manufacturing environment with high process flexibility. Various factors contribute to the complexity of the problem, one of which is product-machine mapping: Each machine may be qualified to produce multiple products and each product can be produced on multiple machines. To meet a build-plan, the factory needs to not only determine a multi-machine multi-product production schedule that accounts for sequence-depen...
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作者:Guda, Harish; Dawande, Milind; Janakiraman, Ganesh; Rajapakshe, Tharanga
作者单位:Arizona State University; Arizona State University-Tempe; University of Texas System; University of Texas Dallas; State University System of Florida; University of Florida
摘要:The goals of the guaranteed support price (GSP) scheme, adopted by several developing countries to support their farmers and the underprivileged population, are threefold: (a) as a supply-side incentive, to ensure high output from the farmers, (b) as a demand-side provisioning tool, to subsidize the consumption needs of the poor, and (c) to maintain an adequate amount of foodgrains as reserve stock, to mitigate the adverse effects of yield uncertainty (food security). We offer analytically sup...
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作者:He, Qiao-Chu; Nie, Tiantian; Yang, Yun; Shen, Zuo-Jun
作者单位:Southern University of Science & Technology; University of North Carolina; University of North Carolina Charlotte; University of Illinois System; University of Illinois Urbana-Champaign; University of California System; University of California Berkeley; University of Hong Kong
摘要:In this study, we propose an integrated model of two-sided stochastic matching platforms to understand the design and operations of free-float shared-mobility systems. In particular, we address the joint design of incentives (via crowd-sourcing) and spatial capacity allocations (enabled by geo-fencing). From the platform's perspective, we formulate stylized models based on strategic double-ended queues. We optimize the design and operations of such systems in a case study using a data set from...
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作者:Agatz, Niels; Fan, Yingjie; Stam, Daan
作者单位:Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam; Leiden University; Leiden University - Excl LUMC
摘要:In this paper, we study the effectiveness of incentives on delivery service time slot choices. In particular, we focus on the use of green labels that specify time slots as environmentally friendly and that intrinsically motivate customers to choose a specific delivery time slot in lieu of price incentives based on extrinsic motivation. We argue that this is important since green labels' intrinsic nature affects costumer choice in fundamentally different ways than price incentives. We conduct ...
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作者:Angelus, Alexandar
作者单位:Texas A&M University System; Texas A&M University College Station; Mays Business School
摘要:Renewable energy generation at the point of consumption (i.e., distributed generation) reduces consumer's electricity expenditure, and eliminates the cost, complexity, and inefficiency associated with power transmission and distribution. In this study, we address the problem of how a consumer should invest in distributed renewable generation to minimize the total expected cost of meeting his electricity demand. In contrast to the existing literature that focuses on grid-connected, large-scale ...
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作者:Birge, John R.
作者单位:University of Chicago
摘要:Connections across commodity markets create the potential for risk to propagate and for failures to cascade as successive market agents fail. The structure of these networks is, however, often hidden and not directly observable. This article describes methods to uncover this hidden structure and the implications that these hidden connections may have for predicting risk propagation and cascading failures. The results are described in the context of electricity, gasoline, and financial markets....
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作者:Markou, Panos; Corsten, Daniel
作者单位:University of Virginia; IE University
摘要:Financial and operational risk management are central concepts at the intersection of finance, operations, and commodity risk management. Yet, empirical evidence on their effects on inventory is lacking. We use a fine-grained data set comprising the financial and operational risk management decisions of gold miners from 2003 to 2011 to empirically assess the effects of risk management on inventory. Faced with volatile gold prices, miners may manage (output) risk financially by committing to se...
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作者:Anderson, Edward G., Jr.; Parker, Geoffrey G.; Tan, Yinliang (Ricky)
作者单位:University of Texas System; University of Texas Austin; Dartmouth College; Tulane University