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作者:Chen, Rachel R.; Kumar, Subodha; Singhal, Jaya; Singhal, Kalyan
作者单位:University of California System; University of California Davis; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; University System of Maryland; University of Baltimore
摘要:The (relative) cost of the customer's waiting time has long been used as a key parameter in queuing models, but it can be difficult to estimate. A recent study introduced a new queue characteristic, the value of the customer's waiting time, which measures how an increase in the total customer waiting time reduces the servers' idle time. This paper connects and contrasts these two fundamental concepts in the queuing literature. In particular, we show that the value can be equal to the cost of w...
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作者:Hou, Chengfan; Lu, Mengshi; Deng, Tianhu; Shen, Zuo-Jun Max
作者单位:Chinese Academy of Sciences; University of Science & Technology of China, CAS; Tsinghua University; Purdue University System; Purdue University; University of California System; University of California Berkeley; University of California System; University of California Berkeley
摘要:Problem definition: Project outsourcing has been a pronounced trend in many industries but is also recognized as a major cause for project delays. We study how companies can coordinate outsourced projects with uncertain completion times through bilateral contract negotiations. Academic/practical relevance: Misaligned subcontractor incentives may result in substantial losses to both project clients and subcontractors. Coordinating subcontractors' efforts through proper contracts is imperative t...
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作者:Li, Xi; Liu, Qian
作者单位:City University of Hong Kong; Hong Kong University of Science & Technology
摘要:Problem definition: In this paper, we consider a supply chain with a manufacturer and two retailers who are contracted through wholesale prices or two-part tariffs. We depart from the existing literature by assuming that contract terms between the manufacturer and a retailer are not observed by the rival retailer. Academic/practical relevance: Although the existing literature typically assumes that they are common knowledge in the market, contract terms may not be observed by rival retailers u...
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作者:Bhaskaran, Sreekumar; Erzurumlu, S. Sinan; Ramachandranc, b Karthik
作者单位:Southern Methodist University; Babson College; University System of Georgia; Georgia Institute of Technology
摘要:Problem definition: Firms developing novel and innovative products regularly face a canonical product development and introduction problem: introduce a proven and immediately available product or delay product introduction until the successful development of an advanced version. Academic/practical relevance: Limited access to resources for the development of an advanced version adds another wrinkle to this problem, particularly for cash-constrained start-ups. For such start-ups, the introducti...
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作者:Dhanorkar, Suvrat; Donohue, Karen; Linderman, Kevin
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; University of Minnesota System; University of Minnesota Twin Cities
摘要:Problem definition: We examine the importance of expert services in online materials and waste exchanges (OMWEs), which are online business-to-business markets for coordinating transactions of industrial surplus, by-products, and waste. Academic/ practical relevance: OMWEs face unique challenges because of their product mix and market characteristics. Many OMWEs have traditionally relied on a combination of routine services (online aggregation, filtered search, etc.) and expert services (selec...
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作者:Drent, Melvin; Arts, Joachim
作者单位:University of Luxembourg
摘要:Problem definition: We consider dual sourcing in a distribution network for spare parts consisting of one central warehouse and multiple local warehouses. Each warehouse keeps multiple types of repairable parts to maintain several types of capital goods. The repair shop at the central warehouse has two repair options for each repairable part: a regular repair option and an expedited repair option. Irrespective of the repair option, each repairable part uses a certain resource for its repair. I...
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作者:Hassin, Refael; Nathaniel, Adam
作者单位:Tel Aviv University
摘要:Problem definition: Tasks sequentially arrive, and their values to the workers who are going to perform them are independent random variables. The common way to allocate tasks to workers is according to the first-in, first-out order. But this method both is inefficient and seems unfair to those who receive a low-valued task after a long wait. We are looking for a better allocation method. Academic/practical relevance: Finding a fair and efficient task allocation method is an aspiration of manp...
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作者:Lee, Hyun Seok (Huck); Kesavan, Saravanan; Deshpande, Vinayak
作者单位:Korea University; University of North Carolina; University of North Carolina Chapel Hill
摘要:Problem definition: Brick-and-mortar (B&M) retailers must enhance the customer in-store experience to better compete with online retailers. Fitting rooms in B&M stores play a critical role in the customer experience as a venue to experience products and examine alternatives. High traffic in fitting rooms, however, obstructs the customer's ability to choose a product. In this paper, we (1) examine the impact of fitting room traffic on store performance using archival data, (2) identify phantom ...
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作者:Mejia, Jorge; Mankad, Shawn; Gopal, Anandasivam
作者单位:Indiana University System; IU Kelley School of Business; Indiana University Bloomington; Cornell University; University System of Maryland; University of Maryland College Park
摘要:Problem description: Measuring quality in the service industry remains a challenge. Existing methodologies are often costly and unscalable. Furthermore, understanding how elements of service quality contribute to the performance of service providers continues to be a concern in the service industry. In this paper, we address these challenges in the restaurant sector, a vital component of the service industry. Academic/practical relevance: Our work provides a scalable methodology for measuring ...
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作者:Nadar, Emre; Kaya, Baris Emre; Guler, Kemal
作者单位:Ihsan Dogramaci Bilkent University; Anadolu University
摘要:Problem definition: We study the sales planning problem of a producer who sells new and remanufactured versions of a durable good over a finite life cycle. We investigate whether slowing down product diffusion by choosing to partially satisfy demand might be profitable for the producer. Academic/practical relevance: We provide new insights into sales management in closed-loop supply chains by uncovering the role key market characteristics play in profitability of partial demand fulfillment as ...