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作者:Rusmevichientong, Paat; Shen, Zuo-Jun Max; Shmoys, David B.
作者单位:Cornell University; Cornell University; University of California System; University of California Berkeley
摘要:We consider an assortment optimization problem where a retailer chooses an assortment of products that maximizes the profit subject to a capacity constraint. The demand is represented by a multinomial logit choice model. We consider both the static and dynamic optimization problems. In the static problem, we assume that the parameters of the logit model are known in advance; we then develop a simple algorithm for computing a profit-maximizing assortment based on the geometry of lines in the pl...
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作者:Dobson, Gregory; Lee, Hsiao-Hui; Pinker, Edieal
作者单位:University of Rochester; University of Connecticut
摘要:Many intensive care units (ICUs) face overcrowding. One response to this overcrowding is to bump ICU patients to other departments of the hospital to make room for new patient arrivals. Such bumping clearly has the potential to reduce quality of care. In this paper we develop a stochastic model of a single ICU with patient bumping. The purpose of this model is to enable planners to predict performance, in terms of bumping, under differing arrival patterns and capacity. We develop a Markov chai...
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作者:Pan, Wenting; So, Kut C.
作者单位:University of California System; University of California Irvine
摘要:We consider an assemble-to-order system where one of the components faces uncertainty in the supply process in which the actual available quantity is equal to some random fraction of the production quantity. Demand is assumed to be price-dependent. We analyze how the supply uncertainty of one component affects the product pricing and production quantities of all the components under the assembly structure. We show that it is profitable for the firm to assemble the product only if the product p...
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作者:Agarwal, Richa; Ergun, Oezlem
作者单位:University System of Georgia; Georgia Institute of Technology
摘要:Many real-world systems operate in a decentralized manner, where individual operators interact with varying degrees of cooperation and self motive. In this paper, we study transportation networks that operate as an alliance among different carriers. In particular, we study alliance formation among carriers in liner shipping. We address tactical problems such as the design of large-scale networks (that result from integrating the service networks of different carriers in an alliance) and operat...
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作者:Podinovski, Victor V.; Forsund, Finn R.
作者单位:University of Warwick; University of Oslo
摘要:The implicit definition and nondifferentiability of efficient frontiers used in data envelopment analysis are two major obstacles to obtaining their differential characteristics, including various elasticity measures and marginal rates of substitution. In this paper we invoke the theorem of the directional derivative of the optimal value function and show how this can be used to define and calculate the required elasticities without any simplifying assumptions. This approach allows us to exten...
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作者:Hall, Nicholas G.; Liu, Zhixin
作者单位:University System of Ohio; Ohio State University; University of Michigan System; University of Michigan
摘要:We consider a multiple product supply chain where a manufacturer receives orders from several distributors. If the orders cannot all be met from available production capacity, then the manufacturer allocates that capacity and a set of resubmittable orders among the distributors. The distributors may share their allocated capacity among themselves before submitting revised orders. Finally, the manufacturer schedules the revised orders to minimize its cost. We consider three practical coordinati...
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作者:Cadenillas, Abel; Lakner, Peter; Pinedo, Michael
作者单位:University of Alberta; University of Alberta; New York University
摘要:Motivated by empirical observations, we assume that the inventory level of a company follows a mean-reverting process. The objective of the management is to keep this inventory level as close as possible to a given target; there is a running cost associated with the difference between the actual inventory level and the target. If inventory deviates too much from the target, management may perform an intervention in the form of either a purchase or a sale of an amount of the goods. There are fi...
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作者:Gemici-Ozkan, Banu; Wu, S. David; Linderoth, Jeffrey T.; Moore, Jeffry E.
作者单位:Lehigh University; University of Wisconsin System; University of Wisconsin Madison; University of Wisconsin System; University of Wisconsin Madison; Lehigh University
摘要:We introduce a decision-support framework for the research and development (R&D) portfolio selection problem faced by a major U. S. semiconductor manufacturer. R&D portfolio selection is of critical importance to high-tech operations such as semiconductors and pharmaceuticals, because it determines the blend of technological development the firm must invest in its R&D resources. This R&D investment leads to differentiating technologies that drive the firm's market position. We developed a gene...