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作者:Barrera, Jorge; Garcia, Alfredo
作者单位:University of Virginia; State University System of Florida; University of Florida
摘要:We consider the problem of efficiently allocating the capacity of a number of service facilities (prone to congestion) to a set of users with private information regarding their willingness to pay for different combinations of throughput versus latency. Auction mechanisms can be used to schedule the service capacity of available facilities. However, the interdependency of users' valuations implies that simple uniform price adjustment processes (e.g., tatonnement) either fail to effectively cle...
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作者:Simchi-Levi, David; Wei, Yehua
作者单位:Massachusetts Institute of Technology (MIT); Massachusetts Institute of Technology (MIT); Duke University
摘要:Theoretical studies of process flexibility designs have mostly focused on expected sales. In this paper, we take a different approach by studying process flexibility designs from the worst-case point of view. To study the worst-case performances, we introduce the plant cover indices (PCIs), defined by bottlenecks in flexibility designs containing a fixed number of products. We prove that given a flexibility design, a general class of worst-case performance measures can be expressed as function...
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作者:Chen, Lucy Gongtao; Robinson, Lawrence W.; Roundy, Robin O.; Zhang, Rachel Q.
作者单位:National University of Singapore; Cornell University; Brigham Young University; Hong Kong University of Science & Technology
摘要:In today's business environment, unpredictable economic and noneconomic forces can affect firms' operational costs and discount factors, as well as demand. In this paper, we incorporate these uncertainties into a single-product, periodic-review, finite-horizon stochastic inventory system by modeling operational costs, discount factors, and demands as stochastic processes that evolve over time. We study three stockout protocols and establish conditions under which (s, S) inventory policies are ...
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作者:Baillon, Aurelien; Bleichrodt, Han; Cillo, Alessandra
作者单位:Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC; Bocconi University; Bocconi University
摘要:This paper reports a new test of intransitive choice using individual measurements of regret-and similarity-based intransitive models of choice under uncertainty. Our test is tailor-made and uses subject-specific stimuli. Despite these features, we observed only a few intransitivities. A possible explanation for the poor predictive performance of intransitive choice models is that they only allow for interactions between acts. They exclude within-act interactions by retaining the assumption th...
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作者:Gallego, Guillermo; Ratliff, Richard; Shebalov, Sergey
作者单位:Columbia University
摘要:This paper addresses two concerns with the state of the art in network revenue management with dependent demands. The first concern is that the basic attraction model (BAM), of which the multinomial logit (MNL) model is a special case, tends to overestimate demand recapture in practice. The second concern is that the choice-based deterministic linear program, currently in use to derive heuristics for the stochastic network revenue management problem, has an exponential number of variables. We ...
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作者:Honnappa, Harsha; Jain, Rahul
作者单位:Purdue University System; Purdue University; University of Southern California; University of Southern California
摘要:Queueing networks models typically assume that the arrival process is exogenous and unaffected by admission control, scheduling policies, etc. In many situations, however, users choose the time of their arrival strategically, taking delay and other metrics into account. In this paper, we develop a framework to study such strategic arrivals into queueing networks. We study the population game wherein users strategically choose when to arrive at a parallel queueing network and upon arrival, whic...
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作者:Kim, Sang-Hyun
作者单位:Yale University
摘要:We examine the interplay between two important decisions that impact environmental performance in a production setting: inspections performed by a regulator and noncompliance disclosure by a production firm. To preempt the penalty that will be levied once a compliance violation is discovered in an inspection, the firm dynamically decides whether it should disclose a random occurrence of noncompliance. Anticipating this, the regulator determines inspection frequency and penalty amounts to minim...
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作者:Cominetti, Roberto; Correa, Jose; Larre, Omar
作者单位:Universidad de Chile
摘要:Flows over time provide a natural and convenient description for the dynamics of a continuous stream of particles traveling from a source to a sink in a network, allowing to track the progress of each infinitesimal particle along time. A basic model for the propagation of flow is the so-called fluid queue model in which the time to traverse an edge is composed of a flow-dependent waiting time in a queue at the entrance of the edge plus a constant travel time after leaving the queue. In a dynam...
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作者:Celik, Melih; Ergun, Ozlem; Keskinocak, Pinar
作者单位:Middle East Technical University; Northeastern University; University System of Georgia; Georgia Institute of Technology
摘要:Debris management is one of the most time consuming and complicated activities among post-disaster operations. Debris clearance is aimed at pushing the debris to the sides of the roads so that relief distribution and search-and-rescue operations can be maintained in a timely manner. Given the limited resources, uncertainty, and urgency during disaster response, efficient and effective planning of debris clearance to achieve connectivity between relief demand and supply is important. In this pa...
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作者:Jain, Aditya; Rudi, Nils; Wang, Tong
作者单位:Indian School of Business (ISB); INSEAD Business School; National University of Singapore
摘要:Retailers facing uncertain demand can use observed sales to update demand estimates. However, such learning is limited by the amount of inventory carried; when demand exceeds inventory (i.e., when a stock-out event occurs), a retailer in general cannot observe actual demand. We propose using observations on the timing of sales occurrences in a Bayesian fashion to learn about demand, and we analyze this learning method for a multiperiod newsvendor setting. We find that, as previously shown with...