-
作者:Qi, Anyan; Ahn, Hyun-Soo; Sinha, Amitabh
作者单位:University of Texas System; University of Texas Dallas; University of Michigan System; University of Michigan
摘要:When firms invest in a shared supplier, one key concern is whether the invested capacity will be used for a competitor. In practice, this concern is addressed by restricting the use of the capacity. We consider what happens when two competing firms invest in a shared supplier. We consider two scenarios that differ in how capacity is used: exclusive capacity and first-priority capacity. We model firms' investment and production decisions, and analyze the equilibrium outcomes in terms of the num...
-
作者:Schmidt, William; Gaur, Vishal; Lai, Richard; Raman, Ananth
作者单位:Cornell University; Harvard University
摘要:We analyze a signaling game between the manager of a firm and an investor in the firm. The manager has private information about the firm's demand and cares about the short-term stock price assigned by the investor. Previous research has shown that under continuous decision choices and the Intuitive Criterion refinement, the least-cost separating equilibrium will result, in which a low-quality firm chooses its optimal capacity and a high-quality firm over-invests in order to signal its quality...
-
作者:Lee, Chung-Yee; Tang, Christopher S.; Yin, Rui; An, Jaehyung
作者单位:Hong Kong University of Science & Technology; University of California System; University of California Los Angeles; Arizona State University; Arizona State University-Tempe; Samsung
摘要:We consider a situation in which shippers (customers) can purchase ocean freight services either directly from a carrier (service provider)in advance or from the spot market just before the departure of an ocean liner. The price is known in the former case, while the spot price is uncertain ex-ante in the latter case. Consequently, some shippers are reluctant to book directly from the carrier in advance unless the carrier is willing to partially match the realized spot price when it is lower t...
-
作者:Glazebrook, Kevin; Paterson, Colin; Rauscher, Sandra; Archibald, Thomas
作者单位:Lancaster University; University of Edinburgh
摘要:Lateral transshipments are a method of responding to shortages of stock in a network of inventory-holding locations. Conventional reactive approaches only seek to meet immediate shortages. The study proposes hybrid transshipments which exploit economies of scale by moving additional stock between locations to prevent future shortages in addition to meeting immediate ones. The setting considered is motivated by retailers who operate networks of outlets supplying car parts via a system of period...
-
作者:Bilginer, Oezlem; Erhun, Feryal
作者单位:Stanford University
摘要:How should a firm with limited capacity introduce a new product? Should it introduce the product as soon as possible or delay introduction to build up inventory? How do the product and market characteristics affect the firm's decisions? To answer such questions, we analyze new product introductions under capacity restrictions using a two-period model with diffusion-type demand. Combining marketing and operations management decisions in a stylized model, we optimize the production and sales pla...
-
作者:Tang, Christopher S.
-
作者:Geng, Xianjun; Shulman, Jeffrey D.
作者单位:University of Texas System; University of Texas Dallas; University of Washington; University of Washington Seattle
摘要:Firms often cite cost savings as a reason why they charge separately for add-ons. Firms also often face situations where consumers' price sensitivity is correlated with their valuation of add-ons. While cost savings may directly translate into profit gains in some scenarios, this study examines the strategic implications of add-on pricing and is the first to suggest that cost savings from add-on pricing may in fact result in profit loss for firms when consumers are heterogeneous in price sensi...
-
作者:Sabouri, Alireza; Shechter, Steven M.; Huh, Woonghee Tim
作者单位:University of Calgary; University of British Columbia
摘要:We consider a stochastically failing component that will be needed at a random future time when an emergency occurs. If the component is not operational at that time, the system incurs a large penalty, which we want to avoid through inspections and replacements. We propose a model and solution algorithm for finding an inspection policy that minimizes the infinite horizon discounted expected penalty, replacement, and inspection costs. We also discuss structural properties of the solution, as we...
-
作者:van Delft, Christian; Vial, Jean-Philippe
作者单位:Hautes Etudes Commerciales (HEC) Paris; University of Geneva
摘要:This note complements the study of Burke, Carillo, and Vakharia ( hereafter BCV) which analyzes a class of single-product multisourcing problems under stochastic demand and random yields. The purpose is twofold. First, we prove that the objective function used by these authors is only a lower bound for the expected profit for which we provide the correct expression. Second, we show on some of the numerical instances provided in BCV's study that the structure and the performance of the BCV orde...
-
作者:Riezebos, Jan; Zhu, Stuart X.
作者单位:University of Groningen
摘要:This study examines a deterministic material requirements planning (MRP) problem where lead times at subsequent ordering moments differ. Adequate replenishment methods that can cope with lead time differences are lacking because of the order crossover phenomenon, that is, replenishment orders are not received in the sequence they are ordered. This study specifies how to handle order crossovers and recalculate planned order releases after an update of gross requirements. The optimal (s, S) poli...