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作者:Chen, Jianqing; Guo, Zhiling
作者单位:University of Texas System; University of Texas Dallas; Singapore Management University
摘要:This study develops an analytical model to evaluate competing retail firms' sourcing strategies in the presence of supply uncertainty. We consider a common supplier that sells its uncertain supply to two downstream retail firms engaging in price competition in a horizontally differentiated product market. The focal firm has a dual-sourcing option, while the rival firm can only source from the common supplier. We assess the system-wide effects of supply uncertainty on the focal firm's incentive...
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作者:Zhao, Xia; Xue, Ling; Zhang, Fuqiang
作者单位:University of North Carolina; University of North Carolina Greensboro; Washington University (WUSTL)
摘要:This paper studies an outsourcing problem where two service providers (suppliers) compete for the service contract from a client. The suppliers face uncertain cost for providing the service because they do not have perfect information about the client's type. The suppliers receive differential private signals about the client type and thus compete under asymmetric information. We first characterize the equilibrium of the supplier competition. Then we investigate two of the client's information...
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作者:Oraiopoulos, Nektarios; Kavadias, Stylianos
作者单位:University of Cambridge
摘要:We formalize R&D as a search process for technology improvements across different technological domains. Technology improvements from a specific domain draw upon a common knowledge base, and as such they share technological content. Moreover, different domains may rely on similar scientific principles, and therefore, knowledge about the technology improvements by one domain might be transferable to another. We analyze how such a technological relatedness shapes the direction of R&D search when...
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作者:Pang, Zhan; Shen, Houcai; Cheng, T. C. E.
作者单位:Nanjing University; Lancaster University; Nanjing University; Hong Kong Polytechnic University
摘要:We address an inventory rationing problem in a lost sales make-to-stock (MTS) production system with batch ordering and multiple demand classes. Each production order contains a single batch of a fixed lot size and the processing time of each batch is random. Assuming that there is at most one order outstanding at any point in time, we first address the case with the general production time distribution. We show that the optimal order policy is characterized by a reorder point and the optimal ...
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作者:Sting, Fabian J.; Huchzermeier, Arnd
作者单位:Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC; WHU - Otto Beisheim School of Management
摘要:When facing supply uncertainty caused by exogenous factors such as adverse weather conditions, firms diversify their supply sources following the wisdom of not holding all eggs in one basket. We study a firm that decides on investment and production levels of two unreliable but substitutable resources. Applying real options thinking, production decisions account for actual supply capabilities, whereas investment decisions are made in advance. To model triangular supply and demand correlations,...
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作者:Gray, John V.; Massimino, Brett
作者单位:University System of Ohio; Ohio State University; Cornell University
摘要:With increasing frequency, firms are locating their operations in disparate countries with distinct national cultures and languages. This study develops and empirically tests hypotheses relating an operation's process compliance performance to (1) the presence of a language difference between the location of the operation and that of headquarters and (2) the national culture of the location of the operation and that of headquarters. Employing an international sample of pharmaceutical manufactu...
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作者:Bansal, Saurabh; Dyer, James S.
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; University of Texas System; University of Texas Austin
摘要:We show simple yet optimal results to update the inventory/capacity levels, expected profit, fill rates, and service levels of substitutable resources in response to an updating of the mean demand forecasts for the resources. We find that a change in the mean demand of one resource does not affect the optimal inventory level of any other resource. The results are obtained for demands with location-scale distribution, and for a revenue structure satisfying a triangle property such that the mana...
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作者:McCoy, Jessica H.; Johnson, M. Eric
作者单位:Nike Inc; Dartmouth College
摘要:For infectious diseases like tuberculosis and HIV, treatment adherence plays an important role in treatment effectiveness and epidemic control. Studies of some infectious diseases indicate that patients who live closer to their health facilities maintain higher adherence; however, most models ignore the heterogeneity of patients' adherence. Clinics must balance knowledge about adherence with epidemic growth when creating successful treatment programs. We develop an optimization model that inte...
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作者:Chen, Lucy Gongtao; Ding, Ding; Ou, Jihong
作者单位:National University of Singapore; University of International Business & Economics
摘要:This paper studies the impact of supply chain power structure on firms' profitability in an assembly system with one assembler and two suppliers. Two power regimes are investigated-in a Single Power Regime, a more powerful firm acts as the Stackelberg leader to decide the wholesale price but not the quantity whereas in a Dual Power Regime, both the price and quantity decisions are granted to the more powerful firm. Tallying the power positions of the three firms, for each power regime we study...
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作者:Cai, Gangshu (George); Chen, Xiangfeng; Xiao, Zhiguo
作者单位:Santa Clara University; Fudan University; Fudan University
摘要:This study investigates the roles of bank and trade credits in a supply chain with a capital-constrained retailer facing demand uncertainty. We evaluate the retailer's optimal order quantity and the creditors' optimal credit limits and interest rates in two scenarios. In the single-credit scenario, we find the retailer prefers trade credit, if the trade credit market is more competitive than the bank credit market; otherwise, the retailer's preference of a specific credit type depends on the r...