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作者:Shao, Lusheng; Wu, Xiaole; Zhang, Fuqiang
作者单位:University of Melbourne; Fudan University; Washington University (WUSTL)
摘要:Driven by increasing costs in the traditionally regarded low-cost manufacturing bases (e.g., China), many firms have started to outsource their production to the regions of even lower costs (e.g., Southeast Asia). However, a new environment may involve higher cost uncertainty and severer information asymmetry. Motivated by these observations, we consider a sourcing game where competing firms choose between a supplier with transparent certain cost (type-C supplier) and a supplier with potential...
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作者:Li, Dong; Ding, Li; Connor, Stephen
作者单位:Loughborough University; Durham University; University of York - UK
摘要:This study considers the scheduling of limited resources to a large number of jobs (e.g., medical treatment) with uncertain lifetimes and service times, in the aftermath of a mass casualty incident. Jobs are subject to triage at time zero, and placed into a number of classes. Our goal is to maximize the expected number of job completions. We propose an effective yet simple index policy based on Whittle's restless bandits approach. The problem concerned features a finite and uncertain time hori...
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作者:Yu, Siyun; Kulkarni, Vidyadhar G.; Deshpande, Vinayak
作者单位:University of North Carolina; University of North Carolina Chapel Hill; University of North Carolina; University of North Carolina Chapel Hill
摘要:This study focuses on determining the appointment scheduling for healthcare facilities with series patients. Series patients are patients who are scheduled for a series of appointments instead of a single appointment. Examples of healthcare services with series patients include radiotherapy/chemotherapy for cancer, physical therapy, kidney dialysis, diabetes treatment, etc. The aim of this study is to design appointment scheduling policies taking into account revenues per service per patient, ...
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作者:Nakkas, Alper; Alan, Yasin; Kurtulus, Mumin
作者单位:University of Texas System; University of Texas Arlington; Vanderbilt University
摘要:Category captainship (CC) is a supply chain practice in which a retailer collaborates with a manufacturer to develop and implement a category management strategy. We examine the role of retail competition in CC implementations by analyzing a game-theoretic setting with two competing retailers. We first consider a benchmark model in which both retailers adopt traditional category management. Then, we consider a CC model in which the focal retailer implements CC. Comparing the equilibrium outcom...
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作者:Tang, Qian; Whinston, Andrew B.
作者单位:Singapore Management University; University of Texas System; University of Texas Austin
摘要:Security negligence, a major cause of data breaches, occurs when an organization's information technology management fails to adequately address security vulnerabilities. By conducting a field quasi-experiment using outgoing spam as a focal security issue, this study investigates the effectiveness of reputational sanctions in reducing security negligence in a global context. In the quasi-experiment, a reputational sanction mechanism based on outgoing spam was established for four countries, an...
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作者:Li, Shan; Chen, Kay-Yut
作者单位:City University of New York (CUNY) System; Baruch College (CUNY); University of Texas System; University of Texas Arlington
摘要:Motivated by the emergence of the Internet-enabled inventory sharing across firms, we investigate different commitment scenarios of decentralized inventory sharing platforms, through a behavioral lens. In particular, we consider two transfer price commitment settings (ex ante or ex post depending on whether or not the inventory transfer price is committed before demand realization) and two sharing commitment rules (automatic or voluntary depending on whether or not inventory sharing are pre-co...
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作者:Sinha, Ashesh Kumar; Krishnamurthy, Ananth
作者单位:Kansas State University; Indian Institute of Management (IIM System); Indian Institute of Management Bangalore
摘要:We analyze production and capacity utilization strategies in a supply chain where individual components can be made either at a shared in-house manufacturing facility or at dedicated facilities of external subcontractors. The manufacturer and the subcontractor differ in terms of costs, production capacities, rates, and service level capabilities. Using Markov decision process models, we determine the optimal policy and characterize its structure. We derive the set of conditions that partitions...
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作者:Zhao, Wenhui; Hall, Nicholas G.; Liu, Zhixin
作者单位:Shanghai Jiao Tong University; University System of Ohio; Ohio State University; University of Michigan System; University of Michigan
摘要:We consider a company that schedules the tasks of its projects to maximize their expected net present value (ENPV) when tasks may fail. The failure of any task terminates the project immediately. We show that for projects with certain decreasing failure rates, the ENPV optimization problem can be solved using a linear program. The main focus of our work is on how constant task failure rates contribute to decreasing project risk as tasks are completed. Under constant task failure rate, earlier ...
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作者:Mahmoudzadeh, Mahdi
作者单位:University System of Georgia; Georgia Institute of Technology
摘要:Manufacturers of durable goods often buy back older versions of their products from customers to encourage them to switch to improved versions and to create control over product return streams in their closed-loop systems. Classical models and conventional wisdom have long ignored that the framing of these buyback schemes, whether through trade-ins or upgrades, can matter for theory. Using the reference-point shift mechanism, we provide experimental evidence that the alternative frames are not...
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作者:Zissis, Dimitris; Ioannou, George; Burnetas, Apostolos
作者单位:University of East Anglia; Athens University of Economics & Business; National & Kapodistrian University of Athens
摘要:We consider inventory management decisions when manufacturing and warehousing are controlled by independent entities. The latter possess private information that affects their choices and are allowed to communicate via a mediator who attempts to streamline their decisions without restricting their freedom. The mediator designs a mechanism based on quantity discounts to minimize the overall system costs, attempting to reach a win-win situation for both entities. Using the Revelation Principle, ...