-
作者：Sun, Haoying; Kumar, Subodha
作者单位：University of Kentucky; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University
摘要：We study a manufacturer's product preannouncement decision in a setting where there is uncertainty about when an innovative new product design will be finalized for production, and a key component supplier needs to reserve the capacity before the realization of the final product design. The marketing literature has shown that product preannouncement changes the product demand: it may create buzz about the new product so the demand increases; or it may induce stronger competition from rivals so...
-
作者：Subramanian, Annapoornima M.; Levesque, Moren; van de Vrande, Vareska
作者单位：National University of Singapore; York University - Canada; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam
摘要：Biotechnology and pharmaceutical firms invest billions of dollars in R&D, primarily in new drug discovery. Nonetheless, the industry is facing declining returns on R&D investments. Failure to discontinue less-promising new drug discovery projects is a key driver of this decreased productivity. Hence, firms are scrambling to restructure the new drug discovery process to improve decision-making and to limit the attrition rate to the early stages of drug discovery. Drawing on insights from the ex...
-
作者：Feng, Qi; Li, Yuanchen; Shanthikumar, J. George
作者单位：Purdue University System; Purdue University
摘要：When firms post prices to sell their products in a competitive market, buyers often seek to bargain down the prices. The existing studies on dynamic competition, however, focus on firms' dynamic pricing strategies without considering the possibility of bargaining. We model a random stream of buyers with heterogeneous valuations who may choose to negotiate for a discount from a posted price. When bargaining is allowed, a seller firm's competing strategy depends not only on her reservation value...
-
作者：Ye, Yusen; Jiao, Wen; Yan, Hong
作者单位：Sichuan University; Sichuan University; Loughborough University; Hong Kong Polytechnic University
摘要：In response to highly unpredictable sudden-onset natural disasters, efficient and effective management of disaster relief inventory (DRI) is essential. This study proposes a simple framework based on three fundamental DRI-related decision themes, which are (1) who respond to DRI calling, (2) where to locate DRI, and (3) how to control DRI, aiming at identifying the research gaps between the realities' calling and the literature's consideration with a focus on DRI management. We review relevant...
-
作者：Guan, Xu; Liu, Baoshan; Chen, Ying-ju; Wang, Hongwei
作者单位：Huazhong University of Science & Technology; China University of Geosciences; Hong Kong University of Science & Technology; Huazhong University of Science & Technology
摘要：This study investigates a supplier's voluntary disclosure strategy when it can encroach on a retailer's operations by selling directly to final consumers. The establishment of a direct sales channel expands market potential, induces the supplier to adopt a more frequent disclosure strategy, and ultimately leads to a higher level of information transparency in the supply chain. Since more quality information is revealed in the presence of a dual channel, the retailer is able to free ride on the...
-
作者：Hu, Bin; Mai, Yunke; Pekec, Sasa
作者单位：University of Texas System; University of Texas Dallas; University of Kentucky; Duke University
摘要：When an innovator outsources the manufacturing of an innovative product to a contract manufacturer (CM) which is also a competitor in the end market, the potential innovation spillover may be a serious concern. We study an innovator's outsourcing decision under spillover risks with an emphasis on theex anteuncertain values of innovations, and distinguish between technical innovations which can only spill over through outsourcing and non-technical innovations which can also spill over in the ma...
-
作者：Hekimoglu, Mert Hakan; Kazaz, Burak
作者单位：Rensselaer Polytechnic Institute; Syracuse University
摘要：Earlier publications indicate that the price of young wines cannot be estimated accurately through weather conditions. Considering that a majority of fine wine is sold in the form of wine futures, even before the wine is bottled, determining realistic prices for these wine futures accurately is one of the most critical decisions. Surveys of leading wine merchants and industry experts exhibit significant departures from the realized market prices. We develop a pricing model for fine wines using...
-
作者：Li, Rong
作者单位：Syracuse University
摘要：Retailers such as Best Buy are reinventing their supply chains for the era of Omnichannel with new strategies like ship-from-store-to-store (SFSTS) where stores are also used as shipping points. Under the SFSTS practice, to fill the demand (offline and online) from a customer region, two or more nearby stores of the retailers' frequently replenish from each other as well as from a distribution center (DC) to better prepare inventory before the demand arrives. We study how to best replenish the...
-
作者：Karatzas, Antonios; Papadopoulos, Georgios; Godsell, Janet
作者单位：University of East Anglia; University of East Anglia; University of Warwick
摘要：Manufacturers moving into services must design a service delivery system that can effectively and efficiently support their product-service offerings. Commonly, such manufacturers outsource customer service and support to independent service suppliers, while maintaining the ownership and control of certain service units. Despite the increasing number of studies in service triads investigating ways that may improve service performance and customer satisfaction, the dynamics of mixed-ownership s...
-
作者：Tan, Tom F.; Staats, Bradley R.
作者单位：Southern Methodist University; University of North Carolina; University of North Carolina Chapel Hill; University of North Carolina School of Medicine
摘要：We first theoretically identify the factors that may impact individuals' routing decisions before empirically examining a large operational dataset in a casual restaurant setting. Analytical models have identified various routing algorithms for service operations management. Although each model may offer advantages over others, they all make a key assumption - decision makers will actually follow the algorithms, if implemented. However, in many settings routing is not done by a computer that i...
