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作者:Gong, Xiting; Chao, Xiuli; Zheng, Shaohui
作者单位:Chinese University of Hong Kong; University of Michigan System; University of Michigan; Hong Kong University of Science & Technology
摘要:It is common for a firm to make use of multiple suppliers of different delivery lead times, reliabilities, and costs. In this study, we are concerned with the joint pricing and inventory control problem for such a firm that has a quick-response supplier and a regular supplier that both suffer random disruptions, and faces price-sensitive random demands. We aim at characterizing the optimal ordering and pricing policies in each period over a planning horizon, and analyzing the impacts of supply...
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作者:Mantin, Benny; Krishnan, Harish; Dhar, Tirtha
作者单位:University of Waterloo; University of British Columbia; Ontario Tech University
摘要:Retailers are increasingly adopting a dual-format model. In addition to acting as traditional merchants (buying and reselling goods), these retailers provide a platform for third-party (3P) sellers to access and compete for the same customers. We investigate the strategic rationale for a retailer to introduce a 3P marketplace. Our analysis provides insights into the growing prevalence of 3P marketplaces. We show that by committing to having an active 3P marketplace, the retailer creates an out...
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作者:Sodhi, ManMohan S.; Tang, Christopher S.
作者单位:City St Georges, University of London; University of California System; University of California Los Angeles
摘要:Floods are the most frequent category of disasters worldwide. Among all geographic regions, Asia has suffered the most. While there are several ongoing humanitarian efforts and initiatives, we believe there is a new opportunity to coordinate last mile humanitarian efforts in the event of a flood using micro-retailers. Because micro-retailers are the last mile nodes in traditional retail supply chains in many Asian countries, we propose the use of social enterprise to buttress these supply chai...
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作者:Kuo, Yong-Hong; Leung, Janny M. Y.; Yano, Candace A.
作者单位:Macau University of Science & Technology; Chinese University of Hong Kong; University of California System; University of California Berkeley; University of California System; University of California Berkeley
摘要:We address the problem of assigning airline customer service agents (CSAs) to tasks related to departing flights, such as selling tickets and collecting boarding cards, at an international terminal of a large airport. The airline specifies minimum and target levels of staff and required (or desired) types and levels of skills for each location in each time period. The assignment problem is complicated by staff heterogeneity, time required for moves between locations, and lunch and rest-break r...
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作者:Zhou, Zach Zhizhong; Johnson, M. Eric
作者单位:Shanghai Jiao Tong University; Vanderbilt University
摘要:Extended enterprises face many challenges in managing the product quality of their suppliers. Consequently characterizing the quality risk posed by value-chain partners has become increasingly important. There have been several recent efforts to develop frameworks for rating the quality risk posed by suppliers. We develop an analytical model to examine the impact of such quality ratings on suppliers, manufacturers, and social welfare. While it might seem that quality ratings would benefit high...
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作者:Liang, Chao; Sethi, Suresh P.; Shi, Ruixia; Zhang, Jun
作者单位:University of Texas System; University of Texas Dallas; California State University System; California State University Fullerton; Fudan University
摘要:We study a firm's optimal transshipment problem considering the impacts of setup costs for transshipment and demand distribution shapes. We assume that the demand follows a three-point distribution, which changes from a degenerate distribution, to a unimodal distribution, and to a bimodal distribution as the demand shape parameter increases. We find that as the demand shape parameter increases, the optimal transshipment strategy changes from no transshipment to transshipment, and finally to no...
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作者:Ramanan, Ram N. V.; Bhargava, Hemant K.
作者单位:University of California System; University of California Davis
摘要:Conventional wisdom holds that adding layers to a distribution channel is detrimental to the interests of consumers and the channel that serves them. In contrast, our study indicates that a disintegrated channel structure can be desirable in some instances. When consumers have valuation uncertainty prior to consuming a product, having an independent retailer may boost both channel profits and consumer surplus relative to direct selling by an integrated firm. The quandary in selling such produc...
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作者:Sosa, Manuel E.
作者单位:INSEAD Business School
摘要:Design rework is a core phenomenon in new product development (NPD). Yet carrying out design rework presupposes recognizing the need for it. I characterize the types of interpersonal knowledge transfer that help developers realize the need for design rework in NPD. As predicted by the NPD literature, I find that individuals who interact frequently with colleagues to address their task interdependences are more likely to realize the need for rework. I also learn that interacting with colleagues...
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作者:Jacobs, Brian W.; Singhal, Vinod R.
作者单位:Michigan State University; Michigan State University's Broad College of Business; University System of Georgia; Georgia Institute of Technology
摘要:This article examines the effect of product development restructuring (PDR) on shareholder value. The results are based on a sample of 165 announcements made during 2002-2011. PDR announcements are associated with an economically and statistically significant positive stock market reaction. Over a two-day period (the day of the announcement and the day preceding the announcement), the mean (median) market reaction is 1.63% (0.87%). The market reaction is generally positive regardless of the PD...
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作者:Barz, Christiane; Kolisch, Rainer
作者单位:University of California System; University of California Los Angeles; Technical University of Munich
摘要:We formulate a discrete time Markov decision process for a resource assignment problem for multi-skilled resources with a hierarchical skill structure to minimize the average penalty and waiting costs for jobs with different waiting costs and uncertain service times. In contrast to most queueing models, our application leads to service times that are known before the job is actually served but only after it is accepted and assigned to a server. We formulate the corresponding Markov decision pr...