2011

最新文章

• Estimating the Implied Value of the Customer's Waiting Time AI翻译
  作者：Robinson, Lawrence W.; Chen, Rachel R.
  作者单位：Cornell University; University of California System; University of California Davis
  摘要：Almost all research in appointment scheduling has focused on the trade-off between customer waiting times and server idle times. In this paper, we present an observation-based method for estimating the relative cost of the customer waiting time, which is a critical parameter for finding the optimal appointment schedule.
• Optimal Control of Inventory Systems with Multiple Types of Remanufacturable Products AI翻译
  作者：Zhou, Sean X.; Tao, Zhijie; Chao, Xiuli
  作者单位：Chinese University of Hong Kong; University of Michigan System; University of Michigan
  摘要：Product returns have become a significant feature of many manufacturing systems. Because products are returned under different operational conditions, they usually require different remanufacturing effort/costs. Motivated by a project with a major energy company that manages its inventory through options of ordering and remanufacturing returned products (cores) in various condition, in this paper, we study a single-product, periodic-review inventory system with multiple types of cores. The ser...
• An Improved Dynamic Programming Decomposition Approach for Network Revenue Management AI翻译
  作者：Zhang, Dan
  作者单位：McGill University
  摘要：We consider a nonlinear nonseparable functional approximation to the value function of a dynamic programming formulation for the network revenue management (RM) problem with customer choice. We propose a simultaneous dynamic programming approach to solve the resulting problem, which is a nonlinear optimization problem with nonlinear constraints. We show that our approximation leads to a tighter upper bound on optimal expected revenue than some known bounds in the literature. Our approach can b...
• Asymmetric Information and Economies of Scale in Service Contracting AI翻译
  作者：Akan, Mustafa; Ata, Baris; Lariviere, Martin A.
  作者单位：Carnegie Mellon University; Northwestern University
  摘要：We consider outsourcing in two important service settings: call center and order fulfillment operations. An important factor in both is the inherent economies of scale. Therefore, we advance a unifying model covering both applications and study the associated contracting problem under information asymmetry. At the time of contracting, the outsourcing firm, the originator, faces uncertainty regarding the demand volume but has private information about its probability distribution. The true dema...
• Achieving a Long-Term Service Target with Periodic Demand Signals: A Newsvendor Framework AI翻译
  作者：Bensoussan, Alain; Feng, Qi; Sethi, Suresh P.
  作者单位：University of Texas System; University of Texas Dallas; University of Texas System; University of Texas Austin; University of Texas System; University of Texas Dallas
  摘要：We deal with the problem of a profit-maximizing vendor selling a perishable product. At the beginning of a planning cycle, the vendor determines a minimum committed order per period. During the cycle, he may also place a supplemental order in each period based on the observed demand signal in that period. Moreover, the vendor is committed to a specific service target evaluated over the planning cycle. This is a complex problem, and we, as an approximation, offer a single-period, two-stage mode...
• Managing Trade-in Programs Based on Product Characteristics and Customer Heterogeneity in Business-to-Business Markets AI翻译
  作者：Li, Kate J.; Fong, Duncan K. H.; Xu, Susan H.
  作者单位：Suffolk University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
  摘要：Trade-in programs are offered extensively in business-to-business (B2B) markets. The success of such programs depends on well-designed and executed trade-in policies as well as accurate prediction of return flow to support operational decisions. Motivated by a real problem facing a high-tech company, this paper develops methods to segment customers and forecast product returns based on return merchandise authorization information. Noisy, yet proven to be valuable, returned quantity signals are...
• Retail Assortment Planning Under Category Captainship AI翻译
  作者：Kurtulus, Muemin; Nakkas, Alper
  作者单位：Vanderbilt University; Vanderbilt University
  摘要：Retail assortment planning can have a tremendous impact on a retailer's bottom-line performance. Over the past years, retailers have increasingly relied on their leading manufacturers for recommendations regarding the assortment to be offered to the consumers in a particular category, a practice often referred to as category captainship. Our research investigates the consequences of using category captains for assortment selection decisions. We develop a game-theoretic model where multiple man...
• Computing Bid Prices for Revenue Management Under Customer Choice Behavior AI翻译
  作者：Chaneton, Juan M.; Vulcano, Gustavo
  作者单位：University of Buenos Aires; New York University
  摘要：We consider a choice-based, network revenue management (RM) problem in a setting where heterogeneous customers consider an assortment of products offered by a firm (e. g., different flight times, fare classes, and/or routes). Individual choice decisions are modeled through an ordered list of preferences, and minimal assumptions are made about the statistical properties of this demand sequence. The firm manages the availability of products using a bid-price control strategy, and would like to o...
• Efficient Funding: Auditing in the Nonprofit Sector AI翻译
  作者：Privett, Natalie; Erhun, Feryal
  作者单位：Stanford University
  摘要：Nonprofit organizations are a critical part of society as well as a growing sector of the economy. For funders there is an increasing and pressing need to ensure that society reaps the most social benefit for their money while also developing the nonprofit sector as a whole. By routinely scrutinizing nonprofit reports in an effort to deduce whether a nonprofit organization is efficient, funders may believe that they are, in fact, giving responsibly. However, we find that these nonprofit report...
• Value of Local Cash Reuse: Inventory Models for Medium-Size Depository Institutions Under the New Federal Reserve Policy AI翻译
  作者：Zhu, Yunxia; Dawande, Milind; Sriskandarajah, Chelliah
  作者单位：University of Texas System; University of Texas Dallas
  摘要：The effective local reuse of physical cash by depository institutions (DIs) is the primary goal of the new cash recirculation policy of the Federal Reserve System (Fed) of the United States. These guidelines, implemented since July 2007, encourage the reuse of cash by (i) penalizing a DI for the practice of cross shipping, the near-simultaneous deposit of used cash to-and withdrawal of fit cash from-the Fed; and (ii) offering a custodial inventory program that enables a DI to transfer fit cash...