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作者:Bazhanov, Andrei; Levin, Yuri; Nediak, Mikhail
作者单位:Queens University - Canada
摘要:We consider a decentralized supply chain (DSC) under resale price maintenance (RPM) selling a limited-lifetime product to forward-looking customers with heterogeneous valuations. When customers do not know the inventory level, double marginalization under RPM leads to a higher profit and aggregate welfare than without RPM under a two-part tariff contract (TT). Both RPM and TT profits are higher and aggregate welfare is lower than in a centralized supply chain (CSC). When customers know the inv...
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作者:Hsu, Vernon N.; Lai, Guoming; Liang, Guitian
作者单位:Chinese University of Hong Kong; University of Texas System; University of Texas Austin; Jinan University
摘要:This paper studies an innovative agricultural partnership model in the dairy industry. In developing regions, farmers are constrained by limited resources, while it is costly for an enterprise to set up new facilities and raise dairy animals all on its own. Under the partnership model, dairy animals are raised by individual farmers during the maturing stage and then by the enterprise during the milking stage. This can lower the enterprise's investment cost, ensure milk quality, and also expand...
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作者:Nault, Barrie R.; Rahman, Mohammad S.
作者单位:University of Calgary; Purdue University System; Purdue University
摘要:We examine the implications of proximity to a physical store in offline-online retail competition where online disutility costs, which encompasses factors such as trust in the seller, returns, and after-sales support, are important. Building on classical models, we consider a traditional retailer's expansion online, benefitting from the physical store's presence in serving customers online. Our innovation is to allow online disutility costs to be mitigated if the purchase is from a dual-channe...
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作者:Niu, Baozhuang; Li, Jiawei; Zhang, Jie; Cheng, Hsing Kenneth; Tan, Yinliang (Ricky)
作者单位:South China University of Technology; University of Michigan System; University of Michigan; Guangdong University of Finance & Economics; State University System of Florida; University of Florida; Tulane University
摘要:In today's increasingly interconnected world, co-opetition has emerged as a new business practice among many high-tech firms. The boundaries between cooperation and competition becomes vague, and rivals engage in collaborative activities. This study develops an analytical model to investigate the dual sourcing decision of the original equipment manufacturer (OEM) in the presence of a competitive supplier (i.e., frenemy) as well as a non-competitive supplier who nevertheless suffers from unreli...
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作者:Nakkas, Alper; Xu, Yi
作者单位:University of Texas System; University of Texas Arlington; University System of Maryland; University of Maryland College Park
摘要:This paper studies bargaining in two-sided supply chain networks where manufacturers on the demand side purchase an input from suppliers on the supply side. The manufacturers may have heterogeneous valuations on the input sold by the suppliers. In such a supply chain network, a manufacturer and a supplier must have a business relationship or link to bargain and trade with each other. However, a firm on one side of the supply chain network might not have a business relationship with every firm ...
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作者:Queenan, Carrie; Cameron, Kellas; Snell, Alan; Smalley, Julia; Joglekar, Nitin
作者单位:University of South Carolina System; University of South Carolina Columbia; State University System of Florida; University of South Florida; Boston University
摘要:Patients' skills, knowledge, and motivation to actively engage in their health care are assessed with the patient activation measure (PAM). The literature on the role of PAM, when patient counseling is coupled with a technology enabled continuity of care intervention, is scant. We model the patient-health care provider feedback loop and learning through error corrections to explore the relations between continuity of care, PAM and patient readmissions. We test this model using data from a rand...
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作者:Guo, Hong; Jiang, Yabing; Lim, Arthur; Vakharia, Asoo J.
作者单位:University of Notre Dame; State University System of Florida; Florida Gulf Coast University; University of Notre Dame; State University System of Florida; University of Florida
摘要:Sabotage activities often raise controversies and regulatory concerns due to the potential negative effects on competition and social welfare. These concerns are amplified when firms serving complementary markets integrate due to the integrated firm's capability to engage in multi-market sabotage. We note that the integrated firm's incentive to engage in sabotage activities and the potential impact on social welfare has not been examined, and this drives the primary focus of our study. Interes...
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作者:He, Wen
作者单位:Hunan University
摘要:Many firms that practice overbooking are able to adjust capacity prior to the service time. This study proposes an integrated approach for a firm's overbooking and capacity planning. We formulate a static model that simultaneously optimizes the firm's capacity level and overbooking limit. We find that the optimal level of capacity with overbooking can be higher and lower than that without overbooking. This is because overbooking has both positive and negative effects on the marginal value of c...
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作者:Yan, Houmin; Yano, Candace Arai; Zhang, Hanqin
作者单位:City University of Hong Kong; University of California System; University of California Berkeley; University of California System; University of California Berkeley; National University of Singapore
摘要:Managers seek to meet quarterly profit targets because missing a target affects both the stock price and bonuses. To capture how these targets can affect a retailer's procurement decisions, we analyze a periodic-review inventory model with a chance constraint in each period that requires meeting a profit target with a given probability, while maximizing expected profit. Corporate profits are reported using accrual accounting, but inventory models typically use cash-basis accounting. We conside...
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作者:Song, Yanan; Zhao, Xiaobo; Zhu, Wanshan; Chen, Yefen
作者单位:University of Science & Technology Beijing; Chinese Academy of Sciences; Academy of Mathematics & System Sciences, CAS; Tsinghua University
摘要:We consider a random number of strategic customers who compete for a limited stock of products, and decide whether to buy a product at full price now or at a discount price by waiting until the end of the selling season. This decision is not trivial, as waiting leads to not only a lower cost, but also less value due to a possible stockout caused by the limited product quantity. The equilibrium analysis of the competition game based on a theoretical model predicts that strategic customers wait ...