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作者:Zhang, Yu; Kulkarni, Vidyadhar
作者单位:University of North Carolina; University of North Carolina Chapel Hill; University of North Carolina School of Medicine
摘要:We develop an automated teller machine (ATM) replenishment policy for a bank that operates multiple ATMs. The aim is to minimize the cost of replenishments and stockouts, taking into account the economies of scale involved in replenishing multiple ATMs simultaneously. When the replenishment is outsourced to an outside vendor, the replenishment cost is typically additive. However, when it is done by in-house operations, the replenishment cost is a submodular function of the set of ATMs being re...
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作者:Hu, Wenqi; Chan, Carri W.; Zubizarreta, Jose R.; Escobar, Gabriel J.
作者单位:Columbia University; Kaiser Permanente
摘要:Unplanned transfers of patients from general medical-surgical wards to the intensive care unit (ICU) can occur as a result of unexpected patient deterioration. Such patients tend to have higher mortality rates and longer lengths of stay than direct admissions to the ICU. As such, the medical community has invested substantial efforts in the development of patient risk scores with the intent to identify patients at risk of deterioration. In this work, we consider how one such risk score could b...
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作者:Paul, Alice; Feldman, Jacob; Davis, James Mario
作者单位:Brown University; Washington University (WUSTL); Uber Technologies, Inc.
摘要:We consider assortment and pricing problems when customers purchase products according to a nonparametric choice model. Each customer arrives with a preference list and will purchase the highest-ranking offered product in her preference list. We assume the set of customer classes is derived from paths in a tree, in which the order of nodes visited along each path gives the corresponding preference list. First, we study assortment problems, in which the goal is to find which products to offer t...
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作者:Chen, Wei; Dawande, Milind; Janakiraman, Ganesh
作者单位:University of Kansas; University of Texas System; University of Texas Dallas
摘要:We consider a firm that solicits bids from a fixed-sized pool of yet-to-be-qualified suppliers for an indivisible contract. The contract can only be awarded to a supplier who passes a multistage qualification process. For each stage of the qualification process, the buyer incurs a fixed testing cost for each supplier she chooses to test. The buyer seeks an optimal mechanism-that is, one that minimizes her total expected cost. Motivated by the buyer's urgency (or the lack of it) of time for com...
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作者:Wang, Ruxian
作者单位:Johns Hopkins University
摘要:Problem definition: Reference prices arise as price expectations against which consumers evaluate products in their purchase scenarios. We investigate what will happen when prospect theory (e.g., reference prices) meets consumer choice models from the perspectives of both the consumers and the firm. Academic/practical relevance: Consumers see multiple relevant products on a particular purchase occasion and often compare their prices to form the willingness to pay when considering whether to pu...
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作者:Lu, Mengshi; Chen, Zhihao; Shen, Siqian
作者单位:Purdue University System; Purdue University; University of Michigan System; University of Michigan
摘要:Carsharing has been considered as an effective means to increase mobility and reduce personal vehicle usage and related carbon emissions. In this paper, we consider problems of allocating a carshare fleet to service zones under uncertain one-way and round-trip rental demand. We employ a two-stage stochastic integer programming model, in the first stage of which we allocate shared vehicle fleet and purchase parking lots or permits in reservation-based or free-floating systems. In the second sta...
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作者:Wang, Jingqi; Wu, Xiaole; Krishnan, Viswanathan
作者单位:University of Hong Kong; Fudan University; University of California System; University of California San Diego
摘要:Supply chains in key growth industries increasingly commercialize a critical piece of technology invented by an upstream technology supplier. The focal technology is licensed to specialist design firms and designed into products, which are fabricated by dedicated large-scale manufacturers. We examine a technology supplier's licensing decision in such emerging multiparty networked supply chains in which a downstream design firm's capability may not be publicly known. We find that the supply cha...
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作者:Lei, Yanzhe (Murray); Jasin, Stefanus; Sinha, Amitabh
作者单位:University of Michigan System; University of Michigan
摘要:We consider an e-commerce retailer (e-tailer) who sells a catalog of products to customers from different regions during a finite selling season and fulfills orders through multiple fulfillment centers. The e-tailer faces a joint pricing and fulfillment (JPF) optimization problem: at the beginning of each period, the e-tailer needs to jointly decide the price for each product and how to fulfill an incoming order (i.e., from which warehouse to ship the order). The objective of the e-tailer is t...
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作者:Caro, Felipe; Chintapalli, Prashant; Rajaram, Kumar; Tang, Chris S.
作者单位:University of California System; University of California Los Angeles; Indian Institute of Management (IIM System); Indian Institute of Management Bangalore
摘要:When suppliers (i.e., contract manufacturers) fail to comply with health and safety regulations, buyers (retailers) are compelled to improve supplier compliance by conducting audits and imposing penalties. As a benchmark, we first consider the independent audit-penalty mechanism in which the buyers conduct their respective audits and impose penalties independently. We then examine the implications of two new audit-penalty mechanisms that entail a collective penalty. The first is the joint mech...
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作者:Long, Elisa F.; Nohdurft, Eike; Spinler, Stefan
作者单位:University of California System; University of California Los Angeles; WHU - Otto Beisheim School of Management
摘要:Rapidly evolving infectious disease epidemics, such as the 2014 West African Ebola outbreak, pose significant health threats and present challenges to the global health community because of their heterogeneous geographic spread. Policy makers must allocate limited intervention resources quickly, in anticipation of where the outbreak is moving next. We develop a two-stage model for optimizing when and where to assign Ebola treatment units across geographic regions during the outbreak's early ph...