-
作者：Sun, Daewon; Ryan, Jennifer K.; Shin, Hojung
作者单位：University of Notre Dame; University College Dublin; Korea University
摘要：Due to the proliferation of electronic commerce and the development of Internet technologies, many firms have considered new pricing-inventory models. In this paper, we study the role of stockless (i.e., zeroinventory) operations in online retailing by a considering duopoly competition in which two retailers compete to maximize profit by jointly optimizing their pricing and inventory decisions. In our model, the retailers are allowed to choose either an in-stock policy or stockless operations ...
-
作者：Fung, Michael K.
作者单位：Hong Kong Polytechnic University
摘要：With special reference to the banking industry, the objective of this study is to address managerial concerns over the impact of labor-saving technologies on efficiency in the use of human resources. A bank is viewed as a collection of human, technology, and capital resources. Labor-saving technologies are represented by two categories of technology resources-information technologies and patented in-house process innovations. The estimation of a stochastic frontier manpower-requirement functio...
-
作者：Chen, Yuwen; Vakharia, Asoo J.; Alptekinoglu, Aydin
作者单位：University of Rhode Island; State University System of Florida; University of Florida; Southern Methodist University
摘要：Motivated by the proliferation of multifunction products, we investigate product portfolio decisions of a single firm by analyzing the impact of three major factors. First, because multifunction products provide complete or partial functionalities of single-function products, we incorporate substitution or cannibalization effects between the potential products. Second, we explicitly model the variable costs of manufacturing the single-function and multifunction products. Third, we examine the ...
-
作者：Perakis, Georgia; Zaretsky, Marina
作者单位：Massachusetts Institute of Technology (MIT); Massachusetts Institute of Technology (MIT)
摘要：This paper considers a supply chain setting where several capacitated suppliers compete for orders from a single retailer in a multiperiod environment. At each period, the retailer places orders to the suppliers in response to the prices they announce. Each supplier has a fixed capacity. We consider a make-to-stock setting where the retailer can carry inventory. The retailer faces exogenous, price-dependent demand. We study the problem using ideas from fluid models. In particular, we (i) analy...
-
作者：Atasu, Atalay; Guide, V. Daniel R., Jr.; Van Wassenhove, Luk N.
作者单位：University System of Georgia; Georgia Institute of Technology; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; INSEAD Business School
摘要：T his paper provides a critical review of analytic research on the business economics of product reuse inspired by industrial practice. Insights and critical assumptions are provided for each paper. We further classify the research into four streams: industrial engineering/operations research, design, strategy, and behavioral, and present a framework linking these streams. We find that some modeling assumptions risk being institutionalized, and suggest a renewed exploration of industrial pract...
-
作者：[Anonymous]
-
作者：Gaukler, Gary M.; Oezer, Oezalp; Hausman, Warren H.
作者单位：Texas A&M University System; Texas A&M University College Station; Stanford University
摘要：Technologies such as radio-frequency identification and global positioning systems can provide improved real-time tracking information for products and replenishment orders along the supply chain. We call this type of visibility order progress information. In this paper, we investigate how order progress information can be used to improve inventory replenishment decisions. To this end, we examine a retailer facing a stochastic lead time for order fulfillment. We characterize a replenishment po...
-
作者：Chen, Ying-Ju; Seshadri, Sridhar; Zemel, Eitan
作者单位：University of California System; University of California Berkeley; New York University
摘要：Buyers often find that obtaining complete information about suppliers is costly. In such scenarios, there is a trade-off between the costs of obtaining information and the benefits that accrue to the owners of such information. There are also various ways in which the missing information can be obtained or inferred. In this paper, we compare the efficiency of obtaining information via the classical mechanism design approach, which relies on the information available before the contracts are de...
-
作者：Li, George; Rajagopalan, Sampath
作者单位：California State University System; San Francisco State University; University of Southern California
摘要：e use a real-options approach to analyze investments in process improvement. We develop a simple, stochastic model of a firm making investment decisions in process improvement. Our analysis offers several interesting insights into investments in process improvement. First, early investment in process improvement results in valuable knowledge, which helps increase the value of the option to invest in process improvement in future periods. This may motivate a firm to invest in process improvemen...
-
作者：Ba, Sulin; Johansson, Wayne C.
作者单位：University of Connecticut
摘要：AIthough extensive academic research has examined the dynamics of interpersonal interactions between service providers and customers, much less research has investigated customer service encounters through technological interfaces such as the Web in electronic commerce transactions. Corporate websites have become an important point of contact with customers for many companies. Service has been described as one of the most important attributes for online business to influence traffic and sales....
