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作者:de Treville, Suzanne; Schuerhoff, Norman; Trigeorgis, Lenos; Avanzi, Benjamin
作者单位:University of Lausanne; University of Geneva; University of Cyprus; University of New South Wales Sydney; Universite de Montreal
摘要:We develop a real-options model for optimizing production and sourcing choices under evolutionary supply-chain risk. We model lead time as an endogenous decision and calculate the cost differential required to compensate for the risk exposure coming from lead time. The shape of the resulting cost-differential frontier reveals the term structure of supply-chain risk premiums and provides guidance as to the potential value of lead-time reduction. Under constant demand volatility, the break-even ...
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作者:Liu, Nan; Ziya, Serhan
作者单位:Columbia University; University of North Carolina; University of North Carolina Chapel Hill
摘要:Many service systems that work with appointments, particularly those in healthcare, suffer from high no-show rates. While there are many reasons why patients become no-shows, empirical studies found that the probability of a patient being a no-show typically increases with the patient's appointment delay, i.e., the time between the call for the appointment and the appointment date. This paper investigates how demand and capacity control decisions should be made while taking this relationship i...
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作者:Anderson, David; Gao, Guodong (Gordon); Golden, Bruce
作者单位:City University of New York (CUNY) System; Baruch College (CUNY); University System of Maryland; University of Maryland College Park
摘要:In health care, most quality transparency and improvement programs focus on the quality variation across hospitals, while we know much less about within-hospital quality variation. This study examines one important factor that is associated with the fluctuation of quality of care in the same hospitalthe timing of patient arrival. We analyze data from the National Trauma Data Bank and find that patients arriving at the hospital during off-hours (6PM-6AM) receive significantly lower quality care...
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作者:Kesavan, Saravanan; Kushwaha, Tarun
作者单位:University of North Carolina; University of North Carolina Chapel Hill
摘要:In this article, we analyze how retailers change their inventory investment behavior in response to macroeconomic shocks. We examine if service level, as measured by the ratio of stockout to inventory holding costs, can explain the differences in observed behavior across retailers. We use data on macroeconomic indicators and quarterly filings of US public retailers from 1985 to 2009 to estimate a dynamic model of short- and long-term impact of macroeconomic shocks on inventory investment. Our ...
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作者:Odegaard, Fredrik; Roos, Pontus
作者单位:Western University (University of Western Ontario)
摘要:Increasingly many firms have started to implement programs intended to improve the workers' health and the psychosocial work-environment, as well as other attributes of labor quality. Motivated by the need for evaluating to what extent the programs affect a firm's productivity performance, this study discusses a model for analyzing the contribution of labor quality attributes toward firm productivity. To assess the contribution from the labor quality attributes, we model firm productivity as t...
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作者:Tang, Sammi Y.; Kouvelis, Panos
作者单位:University of Miami; Washington University (WUSTL)
摘要:We consider coordination issues in supply chains where supplier's production process is subject to random yield losses. For a simple supply chain with a single supplier and retailer facing deterministic demand, a pay back contract which has the retailer paying a discount price for the supplier's excess units can provide the right incentive for the supplier to increase his production size and achieve coordination. Building upon this result, we consider coordination issues for two other supply c...
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作者:Andritsos, Dimitrios A.; Tang, Christopher S.
作者单位:Hautes Etudes Commerciales (HEC) Paris; University of California System; University of California Los Angeles
摘要:Motivated by an increasing adoption of evidence-based medical guidelines in the delivery of medical care, we examine whether increased adherence to such guidelines (typically referred to as higher process quality) is associated with reduced resource usage in the course of patient treatment. In this study, we develop a sample of US hospitals and use cardiac care as our context to empirically examine our questions. To measure a patient's resource usage, we use the total length of stay, which inc...
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作者:Shunko, Masha; Debo, Laurens; Gavirneni, Srinagesh
作者单位:Purdue University System; Purdue University; University of Chicago; Cornell University
摘要:Taking advantage of low tax rates using transfer pricing and taking advantage of low production costs using offshoring are two strategies multinational firms (MNFs) use to increase profits. We identify an important trade-off that MNFs face in setting their transfer prices: the conflict between (i) the incentive role and (ii) the tax role of the transfer price. For MNFs, we find the profit-maximizing transfer-pricing strategies that motivate divisional management to (i) make good sourcing decis...
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作者:Hendricks, Kevin B.; Singhal, Vinod R.
作者单位:Wilfrid Laurier University; University System of Georgia; Georgia Institute of Technology
摘要:A supply chain management (SCM) system comprises many subsystems, including forecasting, order management, supplier management, procurement, production planning and control, warehousing and distribution, and product development. Demand-supply mismatches (DSMs) could indicate that some or all of these subsystems are not working as expected, creating uncertainties about the overall capabilities and effectiveness of the SCM system, which can increase firm risk. This article documents the effect o...
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作者:Cohen, Morris A.