-
作者：Sommer, Svenja C.; Loch, Christoph H.
作者单位：Hautes Etudes Commerciales (HEC) Paris; INSEAD Business School
摘要：Designing incentive contracts that constructively guide employee efforts is a particularly difficult challenge in novel innovation initiatives, where unforeseen events may occur. Empirical studies have observed a variety of incentive structures in innovation settings: time and material contracts (compensation for executing orders), downside protection (target-driven incentives with protection from unexpected risks), and upside rewards (additional remuneration for pursuing opportunities). This ...
-
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...
-
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 ...
-
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 ...
-
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,...
-
作者：Mukhopadhyay, Samar K.; Su, Xuemei; Ghose, Sanjoy
作者单位：Sungkyunkwan University (SKKU); California State University System; California State University Long Beach; University of Wisconsin System; University of Wisconsin Milwaukee
摘要：We study a distribution channel where a manufacturer relies on a sales agent for selling the product, and for investing in the most appropriate marketing effort. The agent's effort is hard to monitor. In addition, the cost of effort is the agent's private information. These impose challenges to the manufacturer in its endeavor to influence the agent's marketing effort provisions and to allocate profit between the two parties. We propose two contract forms. The franchise fee contract is a two-p...
-
作者：Oliva, Rogelio; Watson, Noel
作者单位：Texas A&M University System; Texas A&M University College Station; Mays Business School; Harvard University
摘要：To date, little research has been done on managing the organizational and political dimensions of generating and improving forecasts in corporate settings. We examine the implementation of a supply chain planning process at a consumer electronics company, concentrating on the forecasting approach around which the process revolves. Our analysis focuses on the forecasting process and how it mediates and accommodates the functional biases that can impair the forecast accuracy. We categorize the s...
-
作者：Thomas, Douglas J.; Warsing, Donald P.; Zhang, Xueyi
作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; North Carolina State University
摘要：We study a supply chain where an original equipment manufacturer (OEM) buys subassemblies, comprised of two complementary sets of components, from a contract manufacturer (CM). The OEM provides a demand forecast at the time when the CM must order the long lead-time set of components, but must decide whether or not to provide updated forecasts as a matter of practice. Forecast updates affect the CM's short lead-time purchase decision, and the anticipation of updates may also affect the long lea...
