2015

最新文章

• The Role of Discount Vouchers in Market with Customer Valuation Uncertainty AI翻译
  作者：Gao, Fei; Chen, Jian
  作者单位：University of Pennsylvania; Tsinghua University
  摘要：Online discount voucher market In the discount voucher market, customers usually face two types of valuation uncertainty, namely, preference uncertainty and consumption state uncertainty. Preference uncertainty is related to the customer's lack of relevant experience with the merchant, whereas consumption state uncertainty is related to the advance selling nature of the discount voucher mechanism. By taking a comprehensive perspective (i.e., considering revenue management and promotion effect ...
• A Maximum Entropy Joint Demand Estimation and Capacity Control Policy AI翻译
  作者：Maglaras, Costis; Eren, Serkan
  作者单位：Columbia University
  摘要：We propose a tractable, data-driven demand estimation procedure based on the use of maximum entropy (ME) distributions, and apply it to a stochastic capacity control problem motivated from airline revenue management. Specifically, we study the two fare class Littlewood problem in a setting where the firm has access to only potentially censored sales observations; this is also known as the repeated newsvendor problem. We propose a heuristic that iteratively fits an ME distribution to all observ...
• Special Issue of Production and Operations Management on Operations Management and Information Systems Interface AI翻译
  作者：Ritzman, Larry P.
• The Impact of Contracts and Competition on Upstream Innovation in a Supply Chain AI翻译
  作者：Wang, Jingqi; Shin, Hyoduk
  作者单位：University of Hong Kong; University of California System; University of California San Diego
  摘要：We consider a supply chain with an upstream supplier who invests in innovation and a downstream manufacturer who sells to consumers. We study the impact of supply chain contracts with endogenous upstream innovation, focusing on three different contract scenarios: (i) a wholesale price contract, (ii) a quality-dependent wholesale price contract, and (iii) a revenue-sharing contract. We confirm that the revenue-sharing contract can coordinate supply chain decisions including the innovation inves...
• Unsold Versus Unbought Commitment: Minimum Total Commitment Contracts with Nonzero Setup Costs AI翻译
  作者：Yuan, Quan; Chua, Geoffrey A.; Liu, Xing; Chen, Youhua (Frank)
  作者单位：Wuhan University; Nanyang Technological University; City University of Hong Kong
  摘要：We study a minimum total commitment (MTC) contract embedded in a finite-horizon periodic-review inventory system. Under this contract, the buyer commits to purchase a minimum quantity of a single product from the supplier over the entire planning horizon. We consider nonstationary demand and per-unit cost, discount factor, and non-zero setup cost. Because the formulations used in existing literature are unable to handle our setting, we develop a new formulation based on a state transformation ...
• Concerning Workload Control and Order Release: The Pre-Shop Pool Sequencing Decision AI翻译
  作者：Thuerer, Matthias; Land, Martin J.; Stevenson, Mark; Fredendall, Lawrence D.; Godinho Filho, Moacir
  作者单位：Jinan University; University of Groningen; Lancaster University; Clemson University; Universidade Federal de Sao Carlos
  摘要：Every production planning concept that incorporates controlled order release will initially withhold jobs from the shop floor and create a pre-shop pool. Order release is a key component of the Workload Control concept that aims to maintain work-in-process within limits while ensuring due dates are met. Order release includes two decisions: (i) a sequencing decision that establishes the order in which jobs are considered for release; and, (ii) a selection decision that determines the criteria ...
• The Impact of Costliness, Competitive Importance, and Modularity of Investments on Outsourcing AI翻译
  作者：Grahovac, Jovan; Parker, Geoffrey; Shittu, Ekundayo
• Impulse Balance and Multiple-Period Feedback in the Newsvendor Game AI翻译
  作者：Ockenfels, Axel; Selten, Reinhard
  作者单位：University of Cologne
  摘要：Human subjects in the newsvendor game place suboptimal orders: orders are typically between the expected profit-maximizing quantity and mean demand (pull-to-center bias). In previous work, we have shown that impulse balance equilibrium (IBE), which is based on a simple ex post rationality principle along with an equilibrium condition, can predict ordering decisions in the laboratory. In this study, we extend IBE to standing orders and multiple-period feedback and show that it predicts-in line ...
• Economic Manufacturing Quantity and Its Integrating Implications AI翻译
  作者：Moily, Jaya P.
  作者单位：University System of Maryland; University of Baltimore
  摘要：Several contradictions are noted among the Economic Order Quantity (EOQ), Just-In-Time (JIT), and Optimized Production Technology (OPT) approaches and the economic framework for profit maximization. A fundamental model referred to as the Economic Manufacturing Quantity (EMO) is developed and examined for its integrating implications for the three approaches. An implication for the classic EOQ approach is that the balance between setup and inventory carrying costs is valid when a production fac...
• Online Manufacturer Referral to Heterogeneous Retailers AI翻译
  作者：Wu, Hao; Cai, Gangshu (George); Chen, Jian; Sheu, Chwen
  作者单位：Tsinghua University; Santa Clara University; Tsinghua University; Kansas State University
  摘要：Since the development of the Internet, thousands of manufacturers have been referring consumers visiting their websites to some or all of their retailers. Through a model with one manufacturer and two heterogeneous retailers, we investigate whether it is an equilibrium for the manufacturer to refer consumers exclusively to a retailer or nonexclusively to both retailers. Our analysis indicates that nonexclusive referral is the manufacturer's equilibrium choice if the referral segment market siz...