2期

最新文章

• Loyalty Program Liabilities and Point Values AI翻译
  作者：Chun, So Yeon; Iancu, Dan A.; Trichakis, Nikolaos
  作者单位：INSEAD Business School; Stanford University; Massachusetts Institute of Technology (MIT)
  摘要：Problem definition: Loyalty programs (LPs) introduce a new currency-the points-through which customers transact with firms. Such points represent a promise for future service, and their monetary value thus counts as a liability on the issuing firms' balance sheets. Consequently, adjusting the value of points has a first-order effect on profitability and performance and emerges as a core operating decision. We study the problem of optimally setting the points' value in view of their associated ...
• Flexibility in Long-Term Relationships: An Experimental Study AI翻译
  作者：Hyndman, Kyle; Honhon, Dorothee
  作者单位：University of Texas System; University of Texas Dallas
  摘要：Problem definition: We compare two types of contracts that can govern business partnerships: indefinitely binding agreements (IBAs), wherein partners are bound together in a relationship of indefinite duration, and temporarily binding agreements (TBAs), wherein they are able to dissolve the relationship at any moment. Academic/practical relevance: Managers need to determine what type of contract they want to engage in with their business partners. Although Toyota famously argues for building s...
• Designing Price Incentives in a Network with Social Interactions AI翻译
  作者：Cohen, Maxime C.; Harsha, Pavithra
  作者单位：New York University; International Business Machines (IBM); IBM USA
  摘要：Problem definition: The recent ubiquity of social networks allows firms to collect vast amount of data on their customers and on their social interactions. We consider a setting in which a monopolist sells an indivisible good to consumers who are embedded in a social network. Academic/practical relevance: This is an important problem as sellers can use available data to design and send targeted promotions that account for social externality effects and ultimately increase their profits. Method...
• Business Analytics for Intermodal Capacity Management AI翻译
  作者：Gao, Long; Shi, Jim (Junmin); Gorman, Michael F.; Luo, Ting
  作者单位：University of California System; University of California Riverside; New Jersey Institute of Technology; Rutgers University System; Rutgers University New Brunswick; Rutgers University Newark; University System of Ohio; University of Dayton; California State University System; California State University Fullerton
  摘要：Network operations often suffer from chronic asset imbalance over time and across locations. This paper addresses the issue in the intermodal industry. The problem is mainly driven by myopic policies, environmental uncertainty, and network interdependence. To address the problem, we develop a unified framework that integrates two core operations: container repositioning and load acceptance. The central piece is the scarcity pricing scheme, which internalizes the externalities each acceptance i...
• Managing Trade-offs in Protein Manufacturing: How Much to Waste? AI翻译
  作者：Martagan, Tugce; Krishnamurthy, Ananth; Leland, Peter A.
  作者单位：Eindhoven University of Technology; University of Wisconsin System; University of Wisconsin Madison
  摘要：We consider the challenges and trade-offs involved in the manufacturing of engineered proteins. Manufacturing these proteins involves high risk of financial losses due to the purity and yield trade-offs, uncertainty in the process outcomes, and high operating costs. In this setting, the biomanufacturer must determine how much protein to manufacture in the upstream fermentation operations, and then how much of it to waste in each subsequent purification operation because of the purity-yield tra...
• Modeling Payment Timing in Multiechelon Inventory Systems with Applications to Supply Chain Coordination AI翻译
  作者：Tong, Jordan; DeCroix, Gregory; Song, Jing-Sheng
  作者单位：University of Wisconsin System; University of Wisconsin Madison; Duke University
  摘要：Problem definition: How can one adapt multiechelon inventory models to capture the cash flows generated by various payment-timing contracts? What competitive inventory policy behavior arises under these various payment-timing arrangements? Academic/practical relevance: Technology advancements are increasing the variety of payment triggers between supply chain stages. However, traditional multiechelon inventory models, which were originally developed for vertically integrated systems, do not ex...
• Extended Producer Responsibility for Durable Products AI翻译
  作者：Alev, Isil; Agrawal, Vishal V.; Atasu, Atalay
  作者单位：Boston College; Georgetown University; University System of Georgia; Georgia Institute of Technology
  摘要：Problem definition: We study how extended producer responsibility (EPR) legislation implementations for durable products should differ from those for nondurable products. Academic/practical relevance: Certain unique characteristics of markets for durable products, which make designing EPR implementations more challenging, have not been explored to date in academia and practice. We fill this void by investigating the effect of EPR on durable-goods markets. Methodology: We develop a game-theoret...
• Does Loss Aversion Preclude Price Variation AI翻译
  作者：Chen, Ningyuan; Nasiry, Javad
  作者单位：Hong Kong University of Science & Technology; Hong Kong University of Science & Technology
  摘要：Problem definition: In modem retailing, frequent discounts are seemingly at odds with the idea that price variation antagonizes loss-averse consumers and hence, diminishes their demand for products and services. Our research question then is whether (or not) loss aversion rules out price variation-and in particular, cyclic pricing. Academic/ practical relevance: Pricing and revenue management subject to behavioral considerations are key research areas in operations management. Our approach con...
• Bed Blocking in Hospitals Due to Scarce Capacity in Geriatric Institutions-Cost Minimization via Fluid Models AI翻译
  作者：Zychlinski, Noa; Mandelbaum, Avishai; Momcilovic, Petar; Cohen, Izack
  作者单位：Technion Israel Institute of Technology; Texas A&M University System; Texas A&M University College Station
  摘要：Problem definition: This research focuses on elderly patients who have been hospitalized and are ready to be discharged, but they must remain in the hospital until a bed in a geriatric institution becomes available; these patients block a hospital bed. Bed blocking has become a challenge to healthcare operators because of its economic implications and the quality-of-life effect on patients. Indeed, hospital-delayed patients who do not have access to the most appropriate treatments (e.g., rehab...
• Buyback Pricing of Durable Goods in Dual Distribution Channels AI翻译
  作者：Esenduran, Gokge; Lu, Lauren Xiaoyuan; Swaminathan, Jayashankar M.
  作者单位：Purdue University System; Purdue University; University of North Carolina; University of North Carolina Chapel Hill
  摘要：Problem definition: In the US. automobile industry, manufacturers distribute products through dealers and rental agencies. To mediate direct competition between the two intermediaries, manufacturers adopted buyback programs to repurchase used rental cars from rental agencies and redistribute them through dealers. We investigate how the timing of buyback pricing affects manufacturers' profitability and the intermediaries' ordering decisions by studying two schemes: (1) a precommitted scheme in ...