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作者:Hall, Joseph M.; Kopalle, Praveen K.; Pyke, David F.
作者单位:Dartmouth College; University of San Diego
摘要:We consider a make-to-order manufacturer that serves two customer classes: core customers who pay a fixed negotiated price, and fill-in'' customers who make submittal decisions based on the current price set by the firm. Using a Markovian queueing model, we determine how much the firm can gain by explicitly accounting for the status of its production facility in making pricing decisions. Specifically, we examine three pricing policies: (1) static, state-independent pricing, (2) constant pricin...
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作者:Mishra, Birendra K.; Raghunathan, Srinivasan; Yue, Xiaohang
作者单位:University of California System; University of California Riverside; University of Texas System; University of Texas Dallas; University of Wisconsin System; University of Wisconsin Milwaukee
摘要:This paper examines the incentives of a manufacturer and a retailer to share their demand forecasts. The demand at the retailer is a linearly decreasing function of price. The manufacturer sets the wholesale price first, and the retailer sets the retail price after observing the wholesale price. Both players set their prices based on their forecasts of demand. In the make-to-order scenario, the manufacturer sets the production quantity after observing the actual demand; in the make-to-stock sc...
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作者:Fu, Michael C.; Lele, Shreevardhan; Vossen, Thomas W. M.
作者单位:University System of Maryland; University of Maryland College Park; University of Colorado System; University of Colorado Boulder
摘要:The economic approach to determining the optimal control limits of control charts requires estimating the gradient of the expected cost function. Simulation is a very general methodology for estimating the expected costs, but for estimating the gradient, straightforward finite difference estimators can be inefficient. We demonstrate an alternative approach based on smoothed perturbation analysis (SPA), also known as conditional Monte Carlo. Numerical results and consequent design insights are ...
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作者:Aydin, Goeker; Hausman, Warren H.
作者单位:University of Michigan System; University of Michigan; Stanford University
摘要:Large numbers of new products introduced annually by manufacturers may strain the relationship between retailers and manufacturers regarding assortments carried by retailers. For example, many retailers in the grocery industry will agree to broaden their assortments only if the manufacturer agrees to pay slotting fees for the new products. We investigate the role played by slotting fees in coordinating the assortment decisions in a supply chain. To do so, we study a single-retailer, single-man...
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作者:Blackburn, Joseph; Scudder, Gary
作者单位:Vanderbilt University
摘要:This paper examines supply chain design strategies for a specific type of perishable product-fresh produce-using melons and sweet corn as examples. Melons and other types of produce reach their peak value at the time of harvest; product value deteriorates exponentially post-harvest until the product is cooled to dampen the deterioration. Using the product's marginal value of time (MVT), the rate at which the product loses value over time in the supply chain, we show that the appropriate model ...
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作者:Yang, Jian; Xia, Yusen
作者单位:New Jersey Institute of Technology; University System of Georgia; Georgia State University
摘要:We study a continuous-review acquisition problem, in which the raw material price follows a discrete-state Markov process and demand is compound Poisson. We show that one optimal policy is of the order-up-to type. Under our mean reversion and time continuity conditions, we further show that the order-up-to levels are decreasing at the current price level. At the same time, our computational study verifies that both conditions are indispensable for the monotonicity result. The study also hints ...
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作者:Yue, Jinfeng; Xia, Yu; Tran, Thuhang; Chen, Bintong
作者单位:Middle Tennessee State University; Washington State University; Southwestern University of Finance & Economics - China
摘要:Make-to-order (MTO) manufacturers face a common problem of maintaining a desired service level for delivery at a reasonable cost while dealing with irregular customer orders. This research considers a MTO manufacturer who produces a product consisting of several custom parts to be ordered from multiple suppliers. We develop procedures to allocate orders to each supplier for each custom part and calculate the associated replenishment cost as well as the probability of meeting the delivery date,...
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作者:Bichescu, Bogdan C.; Fry, Michael J.; Polak, George G.
作者单位:University of Tennessee System; University of Tennessee Knoxville; University System of Ohio; University of Cincinnati; University System of Ohio; Wright State University Dayton
摘要:We model a situation where a firm wishes to balance workload requirements by creating a portfolio of recurrent insourcing and outsourcing contracts. We use harmonic analysis to decompose an input workload profile into a portfolio of insourcing and outsourcing contracts using rectangular-wave basis functions to better achieve some desired constant workload level. However, this initial selection of contracts may result in impractical options. Therefore, we also develop mathematical programs usin...
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作者:Klassen, Kenneth J.; Yoogalingam, Reena
作者单位:Brock University
摘要:Outpatient health care service providers face increasing pressure to improve the quality of their service through effective scheduling of appointments. In this paper, a simulation optimization approach is used to determine optimal rules for a stochastic appointment scheduling problem. This approach allows for the consideration of more variables and factors in modeling this system than in prior studies, providing more flexibility in setting policy under various problem settings and environmenta...
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作者:Amaral, Jason; Tsay, Andy A.
作者单位:Santa Clara University
摘要:The Outsourcing Game is a role-play simulation that has been deployed in industry and academic training courses worldwide. It incorporates the concepts of hidden actions, hidden information, and misaligned incentives, and conveys messages about power, trust, and reputation. The game depicts the adventures of Acme, the brand owner of a product manufactured by an outsourced supply chain. Through a series of negotiations, Acme attempts to influence its partners (two suppliers and two service prov...