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作者:Aydinliyim, Tolga; Cil, Eren B.; Murthy, Nagesh N.
作者单位:City University of New York (CUNY) System; Baruch College (CUNY); University of Oregon; City University of New York (CUNY) System; Baruch College (CUNY)
摘要:Motivated by interactions with a major player in the aerospace industry, we consider the relationship between a supplier of specialty material forgings and a buyer that manufactures airplane components by extensively machining down these forgings as per component design specifications. Due to high material removal costs, the buyer prefers these forgings to be as similar in geometry and size to the component as possible, that is, near-net-shape. The supplier, by default, is unable to deliver su...
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作者:Hu, Shu; Wei, Mike Mingcheng; Cui, Shiliang
作者单位:Southwest Jiaotong University; State University of New York (SUNY) System; University at Buffalo, SUNY; Georgetown University; Georgetown University
摘要:In this paper, we study how provision of product information and/or market information affects buyers' and sellers' behavior and the resultant sales in an online marketplace. We first identify the Pareto-dominant equilibrium for the sellers' pricing decisions. Then, we study the impact of market parameters on the sales of the platform in equilibrium, under various information structures. We find that the platform's sales increase with the size of potential buyers but change nonmonotonically wi...
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作者:Geda, Avinash; Pu, Jingchuan; Qiu, Liangfei
作者单位:University of North Carolina; University of North Carolina Wilmington; State University System of Florida; University of Florida; University of North Carolina; University of North Carolina Wilmington
摘要:Online arbitrage, a recent trend on e-commerce platforms, occurs when a firm (the arbitrage firm) copies the product description of another firm (the designer firm, who is the original seller of the product) and sells the product at a marked-up price on a different platform from the designer firm. Once receiving a consumer's order, the arbitrage firm creates an order at the designer firm with a fake account and the consumer's shipping information. In this process, the designer firms fulfill al...
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作者:Huang, Yuxin; Shen, Yi; Lai, Fujun; Luo, Xin (Robert)
作者单位:Soochow University - China; University of Southern Mississippi; University of New Mexico
摘要:Challenging conventional epistemological stances, we unravel two paradoxes of communication strategies in the emerging context of sharing economy. Specifically, the conformity-distinctiveness paradox asserts that differing from hotels improves hosts' economic performance, but such economic benefit diminishes when deviating from the norms in hospitality settings. The economic-social paradox propounds that positioning away from hotels improves social performance but may not result in optimal eco...
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作者:Zheng, Hong; Tian, Lin; Li, Guo
作者单位:Beijing Institute of Technology; Beijing Institute of Technology; Fudan University; Beijing Institute of Technology
摘要:In recent decades, manufacturers have relied on giant retailers or e-tailers to distribute their products. Given this evolution, some retailers have started demanding a profit-margin-guarantee contract (PMG contract), under which the manufacturer must ensure that the retailer's profit margin does not fall below a certain level (PMG rate). Conventional wisdom suggests that a PMG contract creates a life-or-death struggle for the manufacturer and that a retailer with a PMG contract can gain a com...
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作者:Ma, Yuanzheng; Wang, Tong; Zheng, Huan
作者单位:Shanghai Jiao Tong University; Shanghai Jiao Tong University
摘要:We study a sequential resource allocation problem balancing fairness and efficiency for nonprofit operations. (Un)fairness is measured by the expected maximum demand shortfall among all communities, and (in)efficiency is measured by the expected remaining resources after allocation. We characterize the optimal allocation policy as a two-threshold policy in which the optimal allocation quantities are spoon-shaped in terms of the current maximum demand shortfall. We further show that the thresho...
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作者:Kadiyala, Bharadwaj; Phillips, Robert; Simsek, A. Serdar; van Ryzin, Garrett
作者单位:Utah System of Higher Education; University of Utah; University of Texas System; University of Texas Dallas; Amazon.com; Columbia University; University of Texas System; University of Texas Dallas
摘要:We consider a firm selling heterogeneous products with prices customized for each customer and the final price is set by negotiations between the seller and the customer. This type of pricing modality is referred to as customized pricing with discretion and is commonly used in insurance, consumer loans, mortgages, and many business-to-business markets. We assume that each sales agent has a reserve price and each customer has a willingness-to-pay, which are jointly drawn from a distribution and...
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作者:Bravo, Fernanda; Levi, Retsef; Perakis, Georgia; Romero, Gonzalo
作者单位:University of California System; University of California Los Angeles; Massachusetts Institute of Technology (MIT); University of Toronto
摘要:Accountable care organizations (ACOs) are responsible for the quality and cost of care of specified patient populations, including the cost of referrals. Motivated by this environment, we study care coordination for healthcare referrals. We consider an ACO that refers an uncertain number of patients from its attributed population to a preferred external provider for specialized health services. ACOs are typically paid under the Medicare Shared Savings Program (MSSP). Under the MSSP, the payer ...
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作者:Zhang, Ying; Narayanan, Sriram; Soun, Tharo; Deb, Kalyanmoy; Cole, Dustin
作者单位:Santa Clara University; Michigan State University; Michigan State University's Broad College of Business; Michigan State University; Michigan State University; Auburn University System; Auburn University; Michigan State University; Michigan State University's Broad College of Business
摘要:The United Nations Sustainable Development Goals have recently emphasized the importance of diversity inclusion. Motivated by this goal, we examine the impact of employing individuals with disabilities in apparel manufacturing cells on overall team productivity (PD). We formulate a series of deterministic and stochastic PD maximization assignment problems to study the impact of disability inclusion on a production line. We extend the baseline PD maximization formulation to study a multi-object...
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作者:Gao, Yinshi (Agnes); Bansal, Saurabh; Guide Jr, V. Daniel R.
作者单位:Chinese Academy of Sciences; University of Chinese Academy of Sciences, CAS; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; Chinese Academy of Sciences; University of Chinese Academy of Sciences, CAS
摘要:Customers of many original equipment manufacturers (OEMs) in business-to-business markets today demand product servicizing in which instead of buying the product from the OEM they buy the use of a product during a lease. During the lease, (i) the customer uses the product and returns it to the OEM after the use reaches a specific level, (ii) the OEM remanufactures the product in a costly process and sends it back to the customer, and this usecycle is repeated multiple times. The lease terms ty...