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作者:Kurtulus, Mumin; Savaskan, R. Canan; Wang, Chunlin
作者单位:Vanderbilt University; Southern Methodist University; Radford University
摘要:Direct-Store-Delivery (DSD) is an arrangement in which a retailer allows a manufacturer to execute in-store operations such as shelf replenishments. This paper studies the economic drivers and implications of DSD for retailers and manufacturers. We consider a distribution channel where two competing manufacturers sell their products via a shelf-space constrained retailer. The shelf space allocated to each product affects the cost associated with in-store operations. The retailer can offer DSD ...
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作者:Sen, Ravi; Choobineh, Joobin; Kumar, Subodha
作者单位:Texas A&M University System; Texas A&M University College Station; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University
摘要:The timing of vulnerability disclosures (by vulnerability discoverers) has significant implications for software producers and users. Immediate disclosure (before a patch becomes available) could result in exploits with subsequent harm to installed systems. Therefore, it is important to understand the determinants of this timing. In this study, we investigate the impacts of (i) the perception of the vulnerability discoverer about the software producer, (ii) the type of vulnerable software, and...
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作者:Park, Chong Hyun; Berenguer, Gemma
作者单位:Sejong University; Universidad Carlos III de Madrid
摘要:Inspired by the World Food Programme's activity in the post-civil war food crisis in Angola, this study proposes a systematic approach to address the location distribution problem in not-for-profit settings, where a limited volume of supply has to be allocated to different demand regions. The use of utility functions is key in our framework because it allows the decision-maker to establish priorities by representing the heterogeneous effects of distributing supply to different demand locations...
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作者:Zhang, Hailun; Zhang, Jiheng; Zhang, Rachel Q.
作者单位:The Chinese University of Hong Kong, Shenzhen; Hong Kong University of Science & Technology
摘要:The two fundamental decisions in the management of perishable inventory are how much new inventory to order and how much old inventory to clear before expiration. These decisions are known to be difficult due to the curse of dimensionality. We propose policies that are much simpler and easier to implement than existing ones in the literature. Our analysis revealed interesting insights into the circumstances under which perishability is negligible. This intuition not only leads to the construct...
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作者:Martin, Paola; Gupta, Diwakar; Natarajan, Karthik V.
作者单位:University of Texas System; University of Texas Austin; University of Minnesota System; University of Minnesota Twin Cities
摘要:In recent years, several Global Health Organizations (GHOs) have experimented with market-based procurement contracts to encourage pharmaceutical companies to bring late-stage vaccines to developing-country markets. Pharmaceutical companies often find such markets financially unattractive because the opportunity cost of capacity commitment is high, developing countries have limited ability to pay, and demand is uncertain. A contract design recently implemented by one GHO offers the manufacture...
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作者:Comes, Tina; Van de Walle, Bartel; Van Wassenhove, Luk
作者单位:Delft University of Technology; INSEAD Business School
摘要:Humanitarian disasters are highly dynamic and uncertain. The shifting situation, volatility of information, and the emergence of decision processes and coordination structures require humanitarian organizations to continuously adapt their operations. In this study, we aim to make headway in understanding adaptive decision-making in a dynamic interplay between changing situation, volatile information, and emerging coordination structures. Starting from theories of sensemaking, coordination, and...
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作者:Adomavicius, Gediminas; Curley, Shawn P.; Gupta, Alok; Sanyal, Pallab
作者单位:University of Minnesota System; University of Minnesota Twin Cities; George Mason University
摘要:Procurement mechanisms used by businesses have evolved from simple single-item auctions to complex multi-unit, multi-attribute, and multi-object auctions and their combinations. These state-of-the-art mechanisms offer many economic benefits but also introduce challenges such as the increased complexity in decision-making for the participants. Our primary goal in this study is to study how decision complexity affects the economic outcomes and acceptability of an advanced economic mechanism: the...
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作者:Kouvelis, Panos; Shi, Duo
作者单位:Washington University (WUSTL); The Chinese University of Hong Kong, Shenzhen; The Chinese University of Hong Kong, Shenzhen
摘要:We analytically study a value chain consisting of three independent parties: a manufacturer, a retailer, and a sales agent. Either the manufacturer or the retailer may compensate the sales agent, and a variety of supply contracts may be used between the manufacturer and the retailer: price-only, buyback, and channel rebate. We first compare the efficiency of different supply contracts under either compensation scheme, and then compare the two compensation schemes when executed with the best pe...
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作者:Martinez-de-Albeniz, Victor; Planas, Arnau; Nasini, Stefano
作者单位:University of Navarra; IESE Business School; IESEG School of Management; Centre National de la Recherche Scientifique (CNRS)
摘要:Flash sales retailers organize online campaigns where products are sold for a short period of time at a deep discount. The demand in these events is very uncertain, but clickstream data can potentially help retailers with detailed information about the shopping process, thereby allowing them to manage such risks. For this purpose, we build a predictive model for shoppers' sequential decisions about visiting a campaign, obtaining product information and placing a purchase, which we validate usi...
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作者:Akcay, Yalcin; Li, Yunke; Natarajan, Harihara Prasad
作者单位:University of Melbourne
摘要:We study a single-period inventory planning problem for a category of substitutable products. This is an important practical problem facing category managers who have to maintain high service levels for constantly expanding product catalogs. We formulate the problem as a stochastic optimization model that minimizes the total stocking cost subject to service level requirements, which consist of product-specific and category-wide targets for inventory availability (ready rates) through the selli...