-
作者:Huh, Woonghee Tim; Kim, Michael Jong; Lin, Meichun
作者单位:University of British Columbia
摘要:We consider a dynamic pricing and learning problem where a seller prices multiple products and learns from sales data about unknown demand. We study the parametric demand model in a Bayesian setting. To avoid the classical problem of incomplete learning, we propose dithering policies under which prices are probabilistically selected in a neighborhood surrounding the myopic optimal price. By analyzing the effect of dithering in facilitating learning, we establish regret upper bounds for three t...
-
作者:Kumar, Subodha; Qiu, Liangfei; Sen, Arun; Sinha, Atish P.
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; State University System of Florida; University of Florida; Texas A&M University System; Texas A&M University College Station; Mays Business School; University of Wisconsin System; University of Wisconsin Milwaukee
摘要:Care coordination involves shaping patient care activities and sharing information among all participants concerned with a patient's care to achieve safe and effective care. The objectives of care coordination are to promote sharing of patients' clinical information, keep patients and families informed, and manage effective referrals and care transitions. Failures in care coordination account for a large amount of waste per year in the United States. Many innovative healthcare organizations ha...
-
作者:Park, Hyunwoo; Blanco, Christian C.; Bendoly, Elliot
作者单位:Seoul National University (SNU); University System of Ohio; Ohio State University
摘要:The shipping industry touches approximately 90% of all international trade, producing roughly one billion tons of greenhouse gases each year. Changes in the operations and coordination of global-shipping vessels can have a substantial impact on vessel's carbon emissions, but these efforts need to fulfill the service expectation of individual firms receiving consignments. We examine the associated gains (or losses) in operational efficiencies and environmental benefits (if there are any) from v...
-
作者:Feng, Jianguang; Li, Hongmin; Huh, Woonghee T.; Sampaio, Matheus C.; Keng, Naiping
作者单位:Northwestern Polytechnical University; Arizona State University; Arizona State University-Tempe; University of British Columbia; Northwestern University
-
作者:Luo, Suyuan; Choi, Tsan-Ming
作者单位:Shenzhen University; National Taiwan University
摘要:E-commerce supply chains and their members face risks from cyber-attacks. Consumers who purchase goods online also risk having their private information stolen. Thus, businesses are investing to improve cyber-security at a nontrivial cost. In this paper, we conduct a Stackelberg game-theoretical analysis. In the basic model, we first derive the equilibrium pricing and cyber-security level decisions in the e-commerce supply chain. Based on real-world practices, we then explore whether governmen...
-
作者:Bian, Yiwen; Yan, Shuai; Yi, Zelong; Guan, Xu; Chen, Ying-Ju
作者单位:Shanghai University; Shenzhen University; Huazhong University of Science & Technology; Hong Kong University of Science & Technology
摘要:This study investigates the implication of government information provision on a farming cooperative's quality certification strategy in an agricultural supply chain. A farming cooperative has some private quality information of its product and can convey it via quality certification in the planting stage. A product distributor makes the order decision based on the farming cooperative's quality certification and can observe the exact product quality information only after the product is reaped...
-
作者:Lei, Lei; Ru, Jun; Shi, Ruixia; Zhang, Jun
作者单位:Chongqing University; University System of Ohio; Cleveland State University; University of San Diego; Amazon.com
摘要:We show that a two-product newsvendor problem with partial demand substitution is equivalent to the classical newsvendor problem with the same economic parameters but an adjusted demand-the effective demand. By comparing the adjusted demand and the primary demand stochastically, we examine the impacts of demand substitution on the expected profit and optimal order quantities. We demonstrate that demand substitution reduces the newsvendor's demand variability in the sense of convex order. Furth...
-
作者:Gupta, Sushil; Tekriwal, Medha; Parra, Carlos M.
作者单位:State University System of Florida; Florida International University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University
摘要:This is an exploratory study to analyze the permeation of the term/word analytics in the operations management domain by reviewing 2175 papers published in the Production and Operations Management journal (POMJ) since its inception in the winter 1992 until the summer of 2022. We identify the words that commonly precede the term analytics in these papers. We also identify the most common words that appear in the research papers in which the term analytics has appeared. This analysis allows us t...
-
作者:Bai, Chunguang; Li, H. Alice; Xiao, Yongbo
作者单位:University of Electronic Science & Technology of China; University System of Ohio; Ohio State University; Tsinghua University
摘要:Industry 4.0 technologies have been regarded as powerful means to enhance a firm's competitiveness in the Internet of Things environment. However, implementing Industry 4.0 technologies calls for considerable capital expenditure and might interrupt normal production in the short term. This study conducts an empirical analysis of the impact of investing in Industry 4.0 technologies based on a sample of 563 investment announcements of publicly listed firms on the Shanghai Stock Exchange and Shen...
-
作者:Zhang, Xingyue (Luna); Dearden, James A.; Yao, Yuliang
作者单位:University of Washington; University of Washington Tacoma; Lehigh University; Lehigh University
摘要:A challenge for online retail firms is managing stockouts of products when substitutes are available. We develop a game-theoretic model to analyze the competition between multiple-product online firms and characterize the scenarios when they can use prices as stockout recovery mechanisms. Depending on the consumer costs of searching for unfamiliar substitute products on their sites and the consumer mismatch costs of shopping at backup compared to favorite firms, in our primary analysis, we dem...