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作者:Guide, V. Daniel R., Jr.; Van Wassenhove, Luk N.
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; INSEAD Business School
摘要:Closed-loop supply chains (CLSC) have product returns at the center of attention. Our view is that CLSC are best managed from a business perspective where organizations seek to maximize value recovery. The research in the feature issue, and our experiences, shows that there are still numerous, unresolved, managerially relevant issues that deserve further investigation. We also observe that there is a pressing need to validate the assumptions in our models using interdisciplinary, industry-driv...
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作者:de Matta, Renato; Hsu, Vernon Ning
作者单位:University of Iowa; George Mason University
摘要:This study presents a multi-period deterministic capacity planning problem with age-dependent capacity deterioration, i.e., the rate of deterioration for a capacity in a certain period depends on the time the capacity is acquired. Our problem has a number of general features such as demand fluctuation, operating and maintenance costs that depend on the amount of capacity utilized, capacity disposal, and capacity shortage. Formulated as a mixed integer programming model, we are able to exploit ...
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作者:Majumder, Pranab; Srinivasan, Ashok
作者单位:Duke University; University of Southern California
摘要:In this paper, we study multi-stage serial supply chains with price dependent deterministic demand and increasing marginal costs. We analyze the effect of contract leadership (i.e., the ability to offer wholesale price and two-part tariff contracts) on supply chain performance and use that as a basis to study coordination and cooperation. There is strong evidence of first-mover advantage in wholesale price contracting which is amplified when the chain is coordinated using two-part tariff contr...
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作者:Vorasayan, Jurnpol; Ryan, Sarah M.
作者单位:Nanyang Technological University; Iowa State University
摘要:Many retail product returns can be refurbished and resold, typically at a reduced price. The price set for the refurbished products affects the demands for both new and refurbished products, while the refurbishment and resale activities incur costs. To maximize profit, a manufacturer in a competitive market must carefully choose the proportion of returned products to refurbish and their sale price. We model the sale, return, refurbishment, and resale processes in an open queueing network and f...
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作者:Sampson, Scott E.; Froehle, Craig M.
作者单位:Brigham Young University; University System of Ohio; University of Cincinnati
摘要:Diverse businesses, such as garbage collection, retail banking, and management consulting are often tied together under the heading of services, based on little more than a perception that then are intangible and do not manufacture anything. Such definitions inadequately identify managerial and operational implications common among, and unique to, services. We present a Unified Services Theory (UST) to clearly delineate service processes from non-service processes and to identify key commonali...
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作者:Presman, Ernst; Sethi, Suresh P.
作者单位:Russian Academy of Sciences; Central Economics & Mathematics Institute RAS; University of Texas System; University of Texas Dallas
摘要:We develop a new, unified approach to treating continuous-time stochastic inventory problems with both the average and discounted cost criteria. The approach involves the development of an adjusted discounted cycle cost formula, which has an appealing intuitive interpretation. We show for the first time that an (s, S) policy is optimal in the case of demand having a compound Poisson component as well as a constant rate component. Our demand structure simultaneously generalizes the classical EO...