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作者：Acimovic, Jason; Graves, Stephen C.
作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; Massachusetts Institute of Technology (MIT)
摘要：Relative to brick-and-mortar retailers, online retailers have the potential to offer more options to their customers, with respect to both inventory as well as delivery times. To do this entails the management of a distribution network with more decision options than a traditional retailer. The online retailer, not the customer, decides from where items will ship, by what shipping method, and how or whether multiple-item orders will be broken up into multiple shipments. What is the best way to...
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作者：Lim, Michael K.; Mak, Ho-Yin; Rong, Ying
作者单位：University of Illinois System; University of Illinois Urbana-Champaign; Hong Kong University of Science & Technology; Shanghai Jiao Tong University
摘要：Key to the mass adoption of electric vehicles (EVs) is the establishment of successful business models based on sound understanding of consumer behavior in adopting this new technology. In this paper, we study the impact of two major barriers to mass adoption of EVs: (i) range anxiety, the concern that the driving range of EVs may be insufficient to meet the driving needs, and (ii) resale anxiety, the concern that used values of EVs may deteriorate quickly. Using a stylized model calibrated to...
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作者：Tang, Christopher S.
作者单位：University of California System; University of California Los Angeles
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作者：Birge, John R.
作者单位：University of Chicago
摘要：This paper, based on my remarks at the 2013 MSOM Distinguished Fellow Award ceremony, describes my views on the interface between operations and finance and the lessons that each field can gain from considering their interactions. The key points are that, whereas operational models often avoid financial considerations such as the role of investors and other market participants, both firm and market financial activity can have a significant effect on the impact of operational decisions. Some of...
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作者：Gurvich, Itai; Van Mieghem, Jan A.
作者单位：Northwestern University
摘要：Motivated by the trend toward more collaboration in work flows, we study networks where some activities require the simultaneous processing by multiple types of multitasking human resources. Collaboration imposes constraints on the capacity of the process because multitasking resources have to be simultaneously at the right place. We introduce the notions of collaboration architecture and unavoidable bottleneck idleness to study the maximal throughput or capacity of such networks. Collaboratio...
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作者：Bernstein, Fernando; DeCroix, Gregory A.
作者单位：Duke University; University of Wisconsin System; University of Wisconsin Madison
摘要：In this paper we examine the impact of different types of advance demand information on firm profit and on the benefits of resource flexibility. Specifically, we consider a firm that must choose capacities of resources that will be used to satisfy stochastic demand for multiple products, where demands follow a multivariate normal distribution. Prior to the capacity decision, the firm receives information revealing either the total volume of demand across products or the mix of demand between p...
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作者：Whang, Seungjin
作者单位：Stanford University
摘要：This paper studies the role of demand uncertainty in temporal discrimination when the retailer applies markdown pricing facing strategic customers. We consider a model in which a retail firm announces a pair of declining prices for two selling periods, and customers with heterogeneous valuations each decide whether to buy a unit early, later or never. In this model, if the demand function is linear and its parameters are common knowledge, there never exist any markdown prices that achieve temp...
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作者：Chen, Lucy Gongtao; Long, Daniel Zhuoyu; Perakis, Georgia
作者单位：National University of Singapore; Chinese University of Hong Kong; Massachusetts Institute of Technology (MIT)
摘要：Goal achieving is a commonly observed phenomenon in practice, and it plays an important role in decision making. In this paper, we investigate the impact of a target on newsvendor decisions. We take into account the risk and model the effect of a target by maximizing the satisficing measure of a newsvendor's profit with respect to that target. We study two satisficing measures: (i) conditional value at risk (CVaR) satisficing measure that evaluates the highest confidence level of CVaR achievin...
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作者：Gallego, Guillermo; Wang, Ruxian; Hu, Ming; Ward, Julie; Beltran, Jose Luis
作者单位：Columbia University; Johns Hopkins University; University of Toronto; Hewlett-Packard
摘要：Traditional one-price-for-all extended warranties do not differentiate customers according to their risk attitudes, usage rates, or operating environment. These warranties are priced to cover the cost of high-usage customers who have more failures and are willing to pay a risk premium for their risk aversion. That makes traditional warranties economically unattractive to low-usage customers and those who are less risk averse. These issues can be addressed by residual value warranties, which re...
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作者：Oezsen, Raik; Thonemann, Ulrich W.
作者单位：University of Cologne
摘要：We consider an inventory policy that expedites delivery times of open orders if the inventory level drops below a certain threshold. By expediting open orders, back orders can be reduced. Order expediting is costly, and we include various types of expediting costs in the model. We prove structural properties of the model and show how the optimal parameters of the expediting policy can be computed efficiently. The expediting policy is easy to implement and, for situations with variable expediti...
