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作者:Spearman, Mark L.
摘要:The Principle of Least Action is the foundational principle of fundamental physics. Application of this principle to the supply chain naturally results in an uncertainty principle linking variation in production to variation in net-inventory. The model also provides an easy means of determining the stationary distribution of net-inventory for a variety of control strategies. The formalism results in a control strategy that outperforms commonly used control methods.
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作者:Crocker, Keith J.; Letizia, Paolo
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam
摘要:This study characterizes the class of Pareto optimal returns policies between a manufacturer and a retailer who receives consumer returns. The manufacturer may take a costly hidden action that reduces the expected number of products returned by consumers, which when realized is hidden information known only to the retailer. When faced with consumer returns, the retailer must decide whether to send the product back to the manufacturer, who harvests a low salvage value, or to engage in costly re...
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作者:Zschocke, Mark S.; Mantin, Benny; Jewkes, Elizabeth M.
作者单位:University of Waterloo
摘要:Although project portfolio management has been an active research area over the past 50 years, budget allocation models that consider competition are sparse. Faced with the competition, firms contemplating budget allocation for their project portfolio cannot limit their attention to the returns from their projects' target markets, as is the case for monopoly firms, but must also anticipate the competitive effects on these returns. Assuming firms allocate their budgets between projects offering...
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作者:Balakrishnan, Anantaram; Sundaresan, Shankar; Zhang, Bo
作者单位:University of Texas System; University of Texas Austin; Rutgers University System; Rutgers University New Brunswick; Rutgers University Camden
摘要:Although online shopping is becoming popular, consumers who are unsure about whether to buy a product may find it advantageous to visit a brick-and-mortar retail store to first examine the product before purchasing it. But, after browsing at the store, consumers have the option of switching to an e-tailer to purchase the item at a cheaper price rather than buying at the store. Recent business press refers to this browse-and-switch behavior as showrooming, and attributes to it the declining pro...
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作者:Hammami, Ramzi; Frein, Yannick
作者单位:ESC Rennes School of Business; Universite de Rennes; Communaute Universite Grenoble Alpes; Institut National Polytechnique de Grenoble; Universite Grenoble Alpes (UGA); Centre National de la Recherche Scientifique (CNRS)
摘要:We develop an inventory placement model in the context of general multi-echelon supply chains where the delivery lead time promised to the customer must be respected. The delivery lead time is calculated based on the available stocks of the different input and output products in the different facilities and takes into account the purchasing lead times, the manufacturing lead times, and the transportation lead times. We assume finite manufacturing capacities and consider the interactions of man...
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作者:Wu, Yaozhong; Ramachandran, Karthik; Krishnan, Vish
作者单位:National University of Singapore; University System of Georgia; Georgia Institute of Technology; University of California System; University of California San Diego
摘要:The rising trend of projects with high-skilled and autonomous contributors increasingly exposes managers to the risk of idiosyncratic individual behaviors. In this article, we examine the effects of an important behavioral factor, an individual's cost salience. Cost salience leads individuals to perceive the cost of immediate effort to be larger than the cost of future effort. This leads to procrastination in early stages and back-loaded effort over the course of the project. We model the prob...
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作者:Balakrishnan, P. V. (Sundar); Pathak, Surya
作者单位:University of Washington; University of Washington Bothell
摘要:Models of innovation diffusion typically depict an inexorable momentum once the process begins to roll. Limited production capacity, however, can place a cap on this process, leading to waiting lines of potential customers, thus diminishing overall service quality and the speed of diffusion. Identifying the minimum production capacity needed for unimpeded and unimpaired diffusion can ensure that there are no customers waiting to adopt the product. We propose a production-capacity-constrained d...
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作者:McCoy, Jessica H.; Lee, Hau L.
作者单位:Nike Inc; Stanford University
摘要:Inefficiency and inequity are two challenges that plague humanitarian operations and health delivery in resource-limited regions. Increasing capacity in humanitarian and health delivery supply chains is one option that has the potential to improve equity while maintaining efficiency. For example, the nonprofit organization Riders for Health has worked to increase capacity by providing reliable transportation to health workers in rural parts of sub-Saharan Africa; with more motorcycle hours at ...
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作者:Cai, Xiaoqiang; Zhou, Xian
作者单位:Chinese University of Hong Kong; Macquarie University
摘要:We consider a problem where a firm produces a variety of fresh products to supply two markets: an export market and a local market. A public transportation service is utilized to deliver the products to the export market, which is cheap, but its schedule is often disrupted severely. Each time this happens, the firm faces the following questions. (i) For a product that has been finished and is waiting for delivery to the export market, should it continue to wait, at an increasing risk of decay,...
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作者:[Anonymous]