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作者：Huang, Xiao
作者单位：Concordia University - Canada
摘要：This study considers a dyadic supply chain in which a large and creditworthy buyer procures a product from a capital-constrained supplier subject to disruption risk. In facilitating the production, the buyer may offer direct financing to the supplier by way of advance payment (AP). Concurrently, the buyer may also set a tailored discount rate (TR) that applies to the AP and an extended payment timeline (PE) for the balance due. We analyze the value and interplay of these elements by comparing ...
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作者：Niranjan, Tarikere T.; Ghosalya, Narendra K.; Gavirneni, Srinagesh
作者单位：Indian Institute of Technology System (IIT System); Indian Institute of Technology (IIT) - Bombay; Cornell University
摘要：Two field case studies uncover information discounting in supply chains, which manifests in the form of schedule padding and order inflation. Buyers often exaggerate the urgency and quantity of their needs (crying wolf). However, both buyers and suppliers eliminate old, inflated orders from their behavioral ordering/supply system implicitly (knowing wink) even though they exist in the hyper-rational ordering system represented by the ERP system. This behavior results in (and from) low credibil...
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作者：Farahani, Reza Zanjirani; Asgari, Nasrin; Van Wassenhove, Luk N.
作者单位：Universite de Rennes; Roehampton University; INSEAD Business School
摘要：Textile waste is one of the most pollutant items globally, being strongly affected by fast fashion (FF) products. Public pressure has made many FF firms voluntarily collect a small fraction of their preowned items and export them to developing countries for reuse. However, some developing countries are launching import bans on second-hand clothes. In addition, FF firms may soon be forced by extended producer responsibility legislation to collect more preowned items for reuse and recycling. To ...
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作者：Ha, Albert Y.; Luo, Huajiang; Shang, Weixin
作者单位：Hong Kong University of Science & Technology; Southwest Jiaotong University; Lingnan University
摘要：In this study, we develop a game-theoretic model to study the encroachment and information sharing decisions in a supply chain with a manufacturer selling through an online retail platform. In the base model, the manufacturer decides whether to encroach or not by selling through an agency channel, in addition to an existing reselling channel, at the same platform, who decides whether or not to share information with the manufacturer. We fully characterize the equilibrium decisions and show how...
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作者：Xia, Li; Zhang, Zhe George; Li, Quan-Lin
作者单位：Sun Yat Sen University; Sun Yat Sen University; Western Washington University; Simon Fraser University; Beijing University of Technology
摘要：We study a dynamic job assignment problem in queueing systems with one class of Poisson arrivals and K groups of heterogeneous servers. A scheduling policy prescribes the job assignment among servers in each group at every state n (number of jobs in the system). Our goal is to obtain the optimal policy to minimize the long-run average cost, which involves the increasingly convex holding cost for jobs and the operating cost for working servers. This problem has wide application scenarios in ope...
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作者：Jiang, Baojun; Shi, Hongyan; Zou, Tianxin
作者单位：Washington University (WUSTL); Universitetet i Stavanger; State University System of Florida; University of Florida
摘要：In many markets, consumers have time-varying needs for product or service quality. Recent technology advances equip firms with the on-demand product-adjustment capability (OPAC), which allows them to efficiently process customers' requests for short-term (e.g., daily or hourly) changes of service quality to meet their time-varying demands. This paper examines how OPAC affects a firm's optimal pricing and product-line decisions in a market with consumers having time-varying product needs and di...
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作者：Liu, Yan; Chen, Ningyuan
作者单位：Chinese Academy of Sciences; University of Science & Technology of China, CAS; University of Toronto
摘要：Money-back guarantees (MBGs), which allow customers to return products that do not meet their expectations, are widely used in the retail industry. In this study, we study a retailer's MBG policy with dynamic pricing of limited inventory. A key decision for the retailer is to decide whether to offer MBGs. When the product can be returned instantly, we find that the optimal MBG policy is a simple threshold policy: given the inventory level, it is optimal to offer an MBG if and only if the remai...
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作者：Zhang, Yuli; Richter, Amber R.; Shanthikumar, Jeyaveerasingam George; Shen, Zuo-Jun Max
作者单位：Beijing Institute of Technology; University of California System; University of California Berkeley; Purdue University System; Purdue University; University of California System; University of California Berkeley; University of Hong Kong; University of Hong Kong
摘要：This study investigates dynamic inventory relocation to respond proactively to the changing relief demand forecasts over time. In particular, we examine how to relocate mobile inventory optimally to serve nonstationary stochastic demand at several potential disaster sites. We propose a dynamic relocation model using dynamic programming (DP) and develop both analytical and numerical results regarding optimal relocation policies, the minimum cost-to-go function, and the value of inventory mobili...
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作者：Cao, Kaiying; Choi, Tsan-Ming
作者单位：Hainan University; National Taiwan University
摘要：To retain old customers and promote sales, firms offer trade-in programs in which consumers bring in an old product and receive a trade-in rebate when buying a new one. However, after buying the new product, the consumer who has traded in (the trade-in consumer) may return the new product and claim a refund for it if she/he is not satisfied with it. In this situation, under a full-trade-in-return (FTR) policy, trade-in consumers receive a generous refund that includes a trade-in-rebate for the...
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作者：Mantena, Ravi; Saha, Rajib L.
作者单位：University of Rochester; Indian School of Business (ISB)
摘要：Market share contracts, a form of loyalty discounts, where the discount is contingent on the buyer meeting or exceeding a target share of total procurement, are used in many business to business (B2B) settings. We study the impact of such contracts on demand allocation, prices, and welfare in a setting where a single central B2B buyer procures multiple units of a product on behalf of a set of users with heterogeneous preferences. We find that linear pricing creates a demand distortion, which g...
