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作者:Lee, Hau L.
作者单位:Stanford University
摘要:Big data and the related methodologies could have great impacts on operations and supply chain management. Such impacts could be realized through innovations leveraging big data. The innovations can be described as first improving existing processes in operations through better tools and methods; second expanding the value propositions through expansive usage or incorporating data not available in the past; and third allowing companies to create new processes or business models to serve custom...
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作者:Raz, Gal; Souza, Gilvan C.
作者单位:Western University (University of Western Ontario); Indiana University System; IU Kelley School of Business; Indiana University Bloomington
摘要:We investigate how recycling can be a strategic source of supply in the presence of a changing supply market. This research is inspired by the metal cutting tools industry, where challenges regarding a key raw material present an opportunity for the manufacturers to create an alternative supply source by recycling. In this study, there is a virgin material market that supplies two manufacturers differentiated in their recycling ability. The problem is formulated as a game, where the manufactur...
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作者:Alan, Yasin; Lapre, Michael A.
作者单位:Vanderbilt University
摘要:We investigate the predictive power of operational performance on future financial distress in the context of the US airline industry. We focus on four areas of operational performance: revenue management, operational efficiency, service quality, and operational complexity. Using quarterly data from 1988 through 2013, we find that airlines that have inferior revenue management, lower aircraft utilization, and higher operational complexity face higher future financial distress. Interestingly, a...
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作者:Perera, Sandun; Janakiraman, Ganesh; Niu, Shun-Chen
作者单位:University of Michigan System; University of Michigan Flint; University of Texas System; University of Texas Dallas
摘要:We study a single-stage, continuous-time inventory model where unit-sized demands arrive according to a renewal process and show that an (s,S) policy is optimal under minimal assumptions on the ordering/procurement and holding/backorder cost functions. To our knowledge, the derivation of almost all existing (s,S)-optimality results for stochastic inventory models assume that the ordering cost is composed of a fixed setup cost and a proportional variable cost; in contrast, our formulation allow...
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作者:Ghamat, Salar; Zaric, Gregory S.; Pun, Hubert
作者单位:Wilfrid Laurier University; Western University (University of Western Ontario)
摘要:In this study, we examine performance-based payment contracts to promote the optimal use of an optional diagnostic test for newly diagnosed cancer patients. Our work is inspired by three trends: tremendous increases in the cost of new, advanced cancer drugs; development of new diagnostic tests to allow physicians to tailor treatment to patients; and changes in healthcare funding models that reward quality care. We model the interaction between two parties-a healthcare payer and an oncologist, ...
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作者:Ghasemkhani, Hossein; Li, Yung-Ming; Moinzadeh, Kamran; Tan, Yong
作者单位:Purdue University System; Purdue University; National Yang Ming Chiao Tung University; University of Washington; University of Washington Seattle; Tsinghua University
摘要:In recent years, peer-to-peer (P2P) networks have become an increasingly popular method for distributing digital content. In this study, we consider the development of optimal contracts for a P2P network by a profit-seeking provider to support the operations of an online file exchange service. By utilizing the principal-agent model of incentive theory, we propose appropriate reward and pricing schemes for profit-seeking P2P content distribution networks. We show that when peers are homogeneous...
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作者:Choi, Tsan-Ming; Wallace, Stein W.; Wang, Yulan
作者单位:Hong Kong Polytechnic University; Norwegian School of Economics (NHH); Hong Kong Polytechnic University
摘要:Big data analytics is critical in modern operations management (OM). In this study, we first explore the existing big data-related analytics techniques, and identify their strengths, weaknesses as well as major functionalities. We then discuss various big data analytics strategies to overcome the respective computational and data challenges. After that, we examine the literature and reveal how different types of big data methods (techniques, strategies, and architectures) can be applied to dif...
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作者:Lau, Raymond Yiu Keung; Zhang, Wenping; Xu, Wei
作者单位:City University of Hong Kong; Renmin University of China
摘要:While much research work has been devoted to supply chain management and demand forecast, research on designing big data analytics methodologies to enhance sales forecasting is seldom reported in existing literature. The big data of consumer-contributed product comments on online social media provide management with unprecedented opportunities to leverage collective consumer intelligence for enhancing supply chain management in general and sales forecasting in particular. The main contribution...
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作者:Cohen, Maxime C.
作者单位:New York University
摘要:This study discusses how the tremendous volume of available data collected by firms has been transforming the service industry. The focus is primarily on services in the following sectors: finance/banking, transportation and hospitality, and online platforms (e.g., subscription services, online advertising, and online dating). We report anecdotal evidence borrowed from various collaborations and discussions with executives and data analysts who work in management consulting or finance, or for ...
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作者:Armony, Mor; Chan, Carri W.; Zhu, Bo
作者单位:New York University; Columbia University; New York University
摘要:In hospitals, Step Down Units (SDUs) provide an intermediate level of care between the Intensive Care Units (ICUs) and the general medical-surgical wards. Because SDUs are less richly staffed than ICUs, they are less costly to operate; however, they also are unable to provide the level of care required by the sickest patients. There is an ongoing debate in the medical community as to whether and how SDUs should be used. On one hand, an SDU alleviates ICU congestion by providing a safe environm...