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作者:Cooper, William L.; Li, Le
作者单位:University of Minnesota System; University of Minnesota Twin Cities; Microsoft
摘要:We consider settings in which a revenue manager controls bookings over a sequence of flights. The revenue manager uses a buy-up model to select booking limits and updates estimates of the model parameters as data are accumulated. The buy-up model we consider is based upon a simple model of customer choice, wherein each low-fare customer who is not able to purchase a low-fare ticket will, with a fixed probability, buy up to the high fare, independent of everything else. We analyze the evolution...
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作者:Ardalan, Alireza; Diaz, Rafael
作者单位:Old Dominion University; Old Dominion University
摘要:Significant progress in production and information technologies and innovations in management of operations during the last couple of decades have made the production of small lots and deployment of Just-In-Time (JIT) concepts in flowshops possible. As a result, some researchers and practitioners have been seeking to improve the performance of non-repetitive systems using JIT concepts. In this process, the JIT concepts that were originally designed for mass production have been modified to ada...
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作者:Mehrotra, Mili; Dawande, Milind; Mookerjee, Vijay; Sriskandarajah, Chelliah
作者单位:University of Minnesota System; University of Minnesota Twin Cities; University of Texas System; University of Texas Dallas; Texas A&M University System; Texas A&M University College Station; Mays Business School
摘要:We study a problem faced by a secure-logistics provider (SLP) of maximizing profit by jointly pricing the services of fit-sorting and transporting cash along with the design of the supporting logistics network, in a market consisting of a population of Depository Institutions (DIs). The need to jointly price the services assumes significance because they are partial substitutes of one another. Our study finds that the influence of the logistics network on prices is especially strong when there...
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作者:Chen, Liwen; Gilbert, Stephen M.; Xu, Xiaohui
作者单位:City University of Hong Kong; University of Texas System; University of Texas Austin; California State University System; California State Polytechnic University Pomona
摘要:Many firms employ revenue-focused managerial performance measures (RF-MPMs) that cause managers to worry more about revenues than about costs. Although this can seemingly misalign the interests of a manager, we show that the use of such measures can help supply chain partners to overcome hold-up issues with respect to capacity and promotion investments. We develop a game theoretic model in which two supply chain partners engage in repeated interactions in which the supplier invests in capacity...
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作者:Tao, Zhijie; Zhou, Sean X.; Tang, Christopher S.
作者单位:Chinese University of Hong Kong; University of California System; University of California Los Angeles
摘要:We study a remanufacturing system that involves the ordering of a serviceable product and the remanufacturing of multiple types of returned products (cores) into the serviceable product. In addition to random demand for the serviceable product and random returned quantities of different types of cores in each time period, the remanufacturing yield of each type of core is also uncertain. By analyzing a multi-period stochastic dynamic program, we derive several properties of the optimal ordering...