-
作者:Feng, Qi; Luo, Sirong; Zhang, Dan
作者单位:Purdue University System; Purdue University; Shanghai University of Finance & Economics; University of Colorado System; University of Colorado Boulder
摘要:Inventory-based dynamic pricing has become a common operations strategy in practice and has received considerable attention from the research community. From an implementation perspective, it is desirable to design a simple policy like a base-stock list-price (BSLP) policy. The existing research on this problem often imposes restrictive conditions to ensure the optimality of a BSLP policy, which limits its applicability in practice. In this paper, we analyze the dynamic inventory and pricing c...
-
作者:Glorie, Kristiaan M.; van de Klundert, J. Joris; Wagelmans, Albert P. M.
作者单位:Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam; Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC
摘要:Barter exchange markets are markets in which agents seek to directly trade their goods with each other. Exchanges occur in cycles or in chains in which each agent gives a good to the next agent. Kidney exchange is an important type of barter exchange market that allows incompatible patient-donor pairs to exchange kidneys so the involved patients can receive a transplant. The clearing problem is to find an allocation of donors to patients that is optimal with respect to multiple criteria. To ac...
-
作者:Oh, Sechan; Sourirajan, Karthik; Ettl, Markus
作者单位:International Business Machines (IBM); IBM USA; International Business Machines (IBM); IBM USA
摘要:This paper studies coordinated pricing and production decisions in an assemble-to-order system. We first show that unlike in make-to-stock systems, a state-dependent base-stock list-price policy is optimal. The optimal state-dependent base-stock levels and list prices may increase or decrease as demand backlogs increase, whereas demand backlogs always improve the optimal expected profit. Because the problem easily becomes intractable under general system settings, we next develop a simple heur...
-
作者:Chan, Wyean; Koole, Ger; L'Ecuyer, Pierre
作者单位:Universite de Montreal; Vrije Universiteit Amsterdam
摘要:We study call routing policies for call centers with multiple call types and multiple agent groups. We introduce new weight-based routing policies where each pair (call type, agent group) is given a matching priority defined as an affine combination of the longest waiting time for that call type and the longest idle time or the number of idle agents in that agent group. The coefficients in this combination are parameters to be optimized. This type of policy is more flexible than traditional on...
-
作者:Abouee-Mehrizi, Hossein; Baron, Opher; Berman, Oded
作者单位:University of Waterloo; University of Toronto
摘要:We consider a two-echelon inventory system with a capacitated centralized production facility and several distribution centers (DCs). Both production and transportation times are stochastic with general distributions. Demand arrives at each DC according to an independent Poisson process and is backlogged if the DC is out of stock. We allow different holding and backlog costs at the different DCs. We assume that inventory at DCs is managed using the one-for-one replenishment policy. The main ob...
-
作者:Natarajan, Karthik V.; Swaminathan, Jayashankar M.
作者单位:University of Minnesota System; University of Minnesota Twin Cities; University of North Carolina; University of North Carolina Chapel Hill
摘要:Funding for humanitarian operations in the global health sector is highly variable and unpredictable. We study the problem of managing inventory in the presence of funding constraints over a finite planning period. Our goal is to determine the optimal procurement policy given the complexities associated with funding and also to analyze the impact of funding amount, funding schedule, and uncertainty around the funding timing on operations. We use a multiperiod stochastic inventory model with fi...
-
作者:Najafi-Asadolahi, Sami; Fridgeirsdottir, Kristin
作者单位:Santa Clara University; University of London; London Business School
摘要:Display advertising is a $25 billion business with a promising upward revenue trend. In this paper, we consider an online display advertising setting in which a web publisher posts display ads on its website and charges based on the cost-per-click pricing scheme while promising to deliver a certain number of clicks to the ads posted. The publisher is faced with uncertain demand for advertising slots and uncertain traffic to its website as well as uncertain click behavior of visitors. We formul...
-
作者:Besbes, Omar; Saure, Denis
作者单位:Columbia University; Universidad de Chile
摘要:Many factors introduce the prospect of changes in the demand environment that a firm faces, with the specifics of such changes not necessarily known in advance. If and when realized, such changes affect the delicate balance between demand and supply and thus current prices should account for these future possibilities. We study the dynamic pricing problem of a retailer facing the prospect of a change in the demand function during a finite selling season with no inventory replenishment opportun...
-
作者:Roels, Guillaume
作者单位:University of California System; University of California Los Angeles
摘要:In services, customers provide significant inputs into the production process. In particular, these inputs may be the customers themselves participating in the service delivery. Although many service firms have explored different ways of involving customers in their production process, there is no clear guideline for the design of such coproductive systems. In this paper, we develop an analytical model of joint production between a service provider and a customer and characterize how a service...
-
作者:Saghafian, Soroush; Hopp, Wallace J.; Van Oyen, Mark P.; Desmond, Jeffrey S.; Kronick, Steven L.
作者单位:Arizona State University; Arizona State University-Tempe; University of Michigan System; University of Michigan; University of Michigan System; University of Michigan; University of Michigan System; University of Michigan
摘要:Hospital emergency departments (EDs) typically use triage systems that classify and prioritize patients almost exclusively in terms of their need for timely care. Using a combination of analytic and simulation models, we demonstrate that adding an up-front estimate of patient complexity to conventional urgency-based classification can substantially improve both patient safety (by reducing the risk of adverse events) and operational efficiency (by shortening the average length of stay). Moreove...