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作者:Zhang, Xingyue; Yao, Yuliang
作者单位:University of Washington; Lehigh University
摘要:Use a unique dataset collected from a large classified ads website, we empirically examine the effect of the offline call intensity on the online consumer purchase probability of digital services and the carryover effect of the call intensity. We find that the online consumer purchase probability is increasing in the call intensity but at a decreasing rate. We further demonstrate that the decreasing rate is sizable enough that the relationship between the online consumer purchase probability a...
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作者:Glenk, Gunther; Reichelstein, Stefan
作者单位:University of Mannheim; Technical University of Munich; Stanford University
摘要:In vertically integrated energy systems, integration frequently entails operational gains that must be traded off against the requisite cost of capacity investments. In the context of the model analyzed in this study, the operational gains are subject to inherent volatility in both the price and the output of the intermediate product transferred within the vertically integrated structure. Our model framework provides necessary and sufficient conditions for the value (NPV) of an integrated syst...
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作者:Gokalp, Elvan; Gulpinar, Nalan; Xuan Vinh Doan
作者单位:University of Warwick; University of Warwick
摘要:Stem-cell transplantation is the last chance for patients of various blood-related diseases. Stem-cell donation centers admit patients in need of a stem-cell transplant and search for a perfect match between the patients and donors. The search process is time-consuming and requires expensive advanced equipments, in particular for DNA typing. In this study, we are concerned with a capacity planning problem in a network of stem-cell donation centers. The underlying optimization model integrates ...
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作者:Miedaner, Felix; Sulz, Sandra
作者单位:University of Cologne; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam
摘要:Our study contributes to the scholarly debate whether organizational units should have a narrow focus and admit a homogeneous patient cluster or whether they should admit a pool of patient clusters. We investigate whether the benefits of increased volume through pooling patients outweigh the disadvantages of increased heterogeneity and pursue our analysis in the context of neonatal care. Our empirical studies relies on 4020 patient episodes collected in 18 German neonatal intensive care units ...
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作者:Clottey, Toyin; Benton, W. C., Jr.
作者单位:Iowa State University; University System of Ohio; Ohio State University
摘要:This study investigates the value of a supplier sharing information about the quality-distribution (i.e., dimensional mean or variance) of components with an assembler who matches such parts with the selective assembly of an intermediary component. Selective assembly is a strategy that is widely used by high-precision manufacturing companies to gain a competitive advantage in product quality. The use of inexpensive intermediary components (e.g., bearings) to ensure that all mating components a...
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作者:Cezar, Asunur; Raghunathan, Srinivasan; Sarkar, Sumit
作者单位:Bogazici University; University of Texas System; University of Texas Dallas
摘要:Classification of agents such as suppliers and customers into good and bad types based on their attributes is ubiquitous in business. In adversarial classification contexts, firms face agents who fake their attributes to receive favorable decisions from the classifier; for instance, suppliers could misrepresent their safety or quality features in order to qualify as a firm's accredited vendor. Anticipating such faking by agents, firms may strategically design their classifiers and may also ver...
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作者:Xia, Li
作者单位:Sun Yat Sen University
摘要:This study investigates the optimization problem of an infinite stage discrete time Markov decision process (MDP) with a long-run average metric considering both mean and variance of rewards together. Such performance metric is important since the mean indicates average returns and the variance indicates risk or fairness. However, the variance metric couples the rewards at all stages, the traditional dynamic programming is inapplicable as the principle of time consistency fails. We study this ...
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作者:Bapna, Ravi; Day, Robert; Rice, Sarah
作者单位:University of Connecticut; Texas A&M University System; Texas A&M University College Station; Mays Business School
摘要:Much of the prominent literature describing behavior in eBay-like marketplaces emphasizes the successful use of sniping agents that wait until the last moments of an auction to bid (truthfully) on behalf of a human user. These agents fare well against naive agents (typically assumed to be those who bid incrementally on the most profitable open auction) who do not get the chance to respond to the snipe-bid placed in the final seconds. This reasoning, however, tends to ignore the effect of the p...
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作者:Lim, Yun Fong; Lu, Bingnan; Wang, Rowan; Zhang, Wenjia
作者单位:Singapore Management University; University of Minnesota System; University of Minnesota Twin Cities; The Chinese University of Hong Kong, Shenzhen
摘要:Many manufacturing and service systems require a finite number of heterogeneous jobs to be processed by two stations in tandem. Each station serves at most one job at a time and there is a finite buffer between the two stations. We consider two flexible servers that are cross-trained to work at both stations. The duration for a server to finish a job at a station is exponentially distributed with a rate that depends on the server, the station, and the job. Our goal is to identify an efficient ...
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作者:Bassamboo, Achal; Moreno, Antonio; Stamatopoulos, Ioannis
作者单位:Northwestern University; Harvard University; University of Texas System; University of Texas Austin
摘要:Spoilage, expiration, damage due to employee/customer handling, employee theft, and customer shoplifting usually are not reflected in inventory records. As a result, records often report phantom inventory, that is, units of good not available for sale. We derive an optimal polynomial-time algorithm for the auditing and replenishment problem with phantom inventory, under the assumption that inventory is known immediately after replenishment. Moreover, we numerically show that a service-level th...