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作者:Gijsbrechts, Joren; Imdahl, Christina; Boute, Robert N.; Van Mieghem, Jan A.
作者单位:Universitat Ramon Llull; Escuela Superior de Administracion y Direccion de Empresas (ESADE); Universidade Catolica Portuguesa; Eindhoven University of Technology; Vlerick Business School; KU Leuven; Northwestern University
摘要:We study inventory control with volume flexibility: A firm can replenish using period-dependent base capacity at regular sourcing costs and access additional supply at a premium. The optimal replenishment policy is characterized by two period-dependent base-stock levels but determining their values is not trivial, especially for nonstationary and correlated demand. We propose the Lookahead Peak-Shaving policy that anticipates and peak shaves orders from future peak-demand periods to the curren...
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作者:Liu, Jialu; Kim, Keehyung
作者单位:Shanghai Jiao Tong University; University of Waterloo
摘要:Firms have been proactively holding data science competitions via online contest platforms to look for innovative solutions from the crowd. When firms are designing such competitions, a key question is What should be a better contest design to motivate contestants to exert more effort? We model two commonly observed contest structures (one stage and two stage) and two widely adopted prize structures (high spread and low spread). We employ economic experiments to examine how contest design affe...
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作者:Liang, Yanjie; Liu, Weihua; Li, Kevin W.; Dong, Chuanwen; Lim, Ming K.
作者单位:Tianjin University; University of Windsor; heSam Universite; ESCP Business School; University of Glasgow
摘要:Large-scale platforms (LSPs) with valuation and awareness advantages have enabled competing small-scale platforms (SSPs) to be embedded in their platforms. This compatibility strategy creates a new channel, that is, the compatible channel, through which customers can purchase services from SSPs via the LSPs. Additionally, numerous platforms have been introducing add-on services to enhance their profitability. In this study, we develop stylized game models to characterize the interaction betwee...
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作者:Takasi, Goutham; Dawande, Milind; Janakiraman, Ganesh
作者单位:University of Texas System; University of Texas Dallas; University of Texas System; University of Texas Dallas
摘要:We study the design of crowdsourcing contests in settings where the outputs of the contestants are quantifiable, for example, a data science challenge. This setting is in contrast to those where the output is only qualitative and cannot be objectively quantified, for example, when the goal of the contest is to design a logo. The literature on crowdsourcing contests focuses largely on ordinal contests, where contestants' outputs are ranked by the designer and awards are based on relative ranks....
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作者:Sun, Kai; Sun, Minghe; Agrawal, Deepak; Dravenstott, Ronald; Rosinia, Frank; Roy, Arkajyoti
作者单位:University of Texas System; University of Texas at San Antonio; University of Texas System; University of Texas at San Antonio; University of Texas System; University of Texas at San Antonio
摘要:This work addresses the practical anesthesiologist scheduling (AS) problem motivated by the needs of an academic anesthesiology department. The AS problem requires the department to plan and deploy providers to adequately meet clinical demand and institutional protocols of various clinical units over a planning horizon of up to several weeks. A data-driven two-step AS framework is developed by exploiting the historical demand data of anesthesia cases. The first step is a shift design which obt...
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作者:Chen, Jialie
作者单位:University of Arkansas System; University of Arkansas Fayetteville; University of Arkansas System; University of Arkansas Fayetteville
摘要:Ending-9 prices are extremely popular among retailers, leveraging consumers' perception biases. However, despite the popularity of this pricing strategy, understanding of its impact on online retailers is still limited. This is particularly true given the complexity of online retail where consumers need to traverse a shopping funnel, consisting of decisions with shopping cart and purchases. This study aims to answer the following three questions: First, do consumers hold a perception bias towa...
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作者:Tang, Yanli; Sethi, Suresh P.; Wang, Yulan
作者单位:Sun Yat Sen University; University of Texas System; University of Texas Dallas; Hong Kong Polytechnic University
摘要:We consider an e-tailer's upstream supplier who wants to encroach into retailing to earn additional revenue. The supplier needs to decide whether or not to enter the retail market by either selling to consumers on the e-tailer's platform by paying commission fees (agency encroachment) or opening an independent online/offline retail store (direct encroachment). The e-tailer has private demand information and decides whether or not to share it with the supplier. Two leadership scenarios-the supp...
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作者:Cao, Bin; Chen, Xin; Edwin Cheng, T. C.; Zhong, Yuanguang; Zhou, Yong-Wu
作者单位:Jinan University; University System of Georgia; Georgia Institute of Technology; Hong Kong Polytechnic University; South China University of Technology
摘要:This paper studies the operations and financial decisions of two capital-constrained firms via a limited joint liability (LJL) financing scheme offered by a bank with a menu of loan terms including interest rate and leverage ratio/credit line. To explicitly assess the value of LJL financing, we assume that the firms either use LJL financing scheme or traditional individual financing scheme to finance their operations. Under LJL financing scheme, we construct a non-cooperative game model in whi...
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作者:Hezarkhani, Behzad; Arisian, Sobhan; Mansouri, Afshin
作者单位:Solent University; University of Southampton; La Trobe University; Brunel University; University of Southampton; Solent University
摘要:The tariff rate quota (TRQ) is a widely utilized market access instrument in global agricultural trade that allows a predetermined quantity of a product to be imported at a lower tariff rate than the usual rate. This study examines the design and administration of TRQ systems from an operations management perspective and analyzes their impact on market access, fill rates, and revenue for policymakers. We investigate the two most common TRQ administration methods, namely, licensing and first-co...
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作者:Kouvelis, Panos; Chen, Xingxing; Xia, Yu
作者单位:Washington University (WUSTL); University of Richmond; William & Mary; Washington University (WUSTL)
摘要:We consider a two-stage project supply chain with a downstream project firm producing an engineer-to-order (ETO) complex product or a make-to-order (MTO), low-volume, customized industrial product as a project, and an upstream contract supplier supplying a key material to the project. The project faces two uncertainties: project activity time uncertainty and material consumption uncertainty, which may be positively or negatively correlated. In anticipation of these uncertainties, the project f...