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作者:Guan, Xu; Liu, Baoshan; Chen, Ying-ju; Wang, Hongwei
作者单位:Huazhong University of Science & Technology; China University of Geosciences; Hong Kong University of Science & Technology; Huazhong University of Science & Technology
摘要:This study investigates a supplier's voluntary disclosure strategy when it can encroach on a retailer's operations by selling directly to final consumers. The establishment of a direct sales channel expands market potential, induces the supplier to adopt a more frequent disclosure strategy, and ultimately leads to a higher level of information transparency in the supply chain. Since more quality information is revealed in the presence of a dual channel, the retailer is able to free ride on the...
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作者:Jung, Seung Hwan
作者单位:Washington University (WUSTL)
摘要:Motivated by the recent reshoring initiatives, we study firms' global sourcing strategies from two different supply sources, offshore and onshore supply bases, under supply and demand uncertainty. Interestingly, even though onshore sourcing has a significant benefit from market responsiveness, offshore sourcing having no cost advantage also provides benefits in the presence of yield uncertainty and market competition. If competing firms commit single sourcing, one firm may choose inferior offs...
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作者:Anh Ninh; Shen, Zuo-Jun Max; Lariviere, Martin A.
作者单位:University of California System; University of California Berkeley; Northwestern University
摘要:Most pricing and revenue management models have at their core an optimization problem; one needs to determine the optimal price or quantity to maximize a profit or revenue function. To ensure tractability, conditions that assure the objective function has a unique solution are enormously helpful. So far, several technical assumptions have been proposed for the continuous case, but comparatively little attention has been given to the discrete counterpart despite its prevalence in practice. Thus...
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作者:Levi, Retsef; Perakis, Georgia; Shi, Cong; Sun, Wei
作者单位:Massachusetts Institute of Technology (MIT); University of Michigan System; University of Michigan; International Business Machines (IBM); IBM USA
摘要:We study strategic capacity investment problems in joint ventures (JVs) with fixed-rate revenue-sharing contracts. We adopt a game-theoretical approach to study two types of JVs depending on how individual resources determine the effective capacity of a JV. With complementary resources, the effective capacity of a JV is constrained by the most scarce resource. We show that multiple Nash equilibria could exist. Nevertheless, there exists a unique Strong Nash equilibrium. We show that there is a...
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作者:Choi, Dong Gu; Lim, Michael K.; Murali, Karthik; Thomas, Valerie M.
作者单位:Pohang University of Science & Technology (POSTECH); Oregon State University; University System of Georgia; Georgia Institute of Technology
摘要:We investigate the causes behind the underwhelming adoption of voluntary Time-of-Use (TOU) tariffs in the residential electricity market. TOU tariffs are deployed by utilities to better match electricity generation capacity with market demand by giving consumers price incentives to reduce their consumption when electricity demand is at its peak. However, consumers in residential electricity markets are heterogeneous in their consumption preferences. Hence, utilities face a trade-off when deplo...
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作者:Cao, Huan; Guan, Xu; Fan, Tijun; Zhou, Li
作者单位:East China University of Science & Technology; Huazhong University of Science & Technology; University of Greenwich
摘要:Quality information acquisition and disclosure have significant ramifications for supply chain members. This study investigates the interaction between a manufacturer's product quality information acquisition and different product quality information disclosure systems in a supply chain wherein the manufacturer can privately acquire the precise quality information of its product by affordable means initially. We consider two different quality information disclosure systems for the quality info...
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作者:Mehrotra, Mili; Natarajan, Karthik, V
作者单位:University of Illinois System; University of Illinois Urbana-Champaign; University of Minnesota System; University of Minnesota Twin Cities
摘要:The below-par progress toward the Millennium Development Goals in many developing countries has been attributed to the low availability of good quality health care services and to the demand-side barriers to access. In this study, we analyze an incentive design problem faced by a budget-constrained humanitarian organization managing a health care service program (e.g., maternal health or HIV services) with different emphasis on the two measures of quality-structural and process. Incentives off...
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作者:Fang, Fang; Natarajan, Harihara Prasad
作者单位:California State University System; California State University Los Angeles; University of Miami
摘要:Through Central Procurement Organizations (CPOs), large firms with multiple divisions have begun adopting a center-led sourcing approach that allows firms to centralize strategic sourcing activities, while permitting decentralized execution by divisions, allowing the firm to leverage large purchase volumes with vendors. This new center-led procurement environment has brought a new decision requirement: How should a CPO select vendors for each division's requirements to minimize the firm's tota...
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作者:Becker-Peth, Michael; Hoberg, Kai; Protopappa-Sieke, Margarita
作者单位:Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam; Kuhne Logistics University; University of Cologne
摘要:We examine inventory decisions in a multiperiod newsvendor model. In particular, we analyze the impact of budget cycles in a behavioral setting. We derive optimal rational decisions and characterize the behavioral decision-making process using a short-sightedness factor. We test the aforementioned effect in a laboratory environment. We find that subjects reduce order-up-to levels significantly at the end of the current budget cycle, which results in a cyclic pattern during the budget cycle. Th...
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作者:Huebner, Alexander; Schaefer, Fabian; Schaal, Kai N.
作者单位:Technical University of Munich
摘要:Product proliferation and changes in demand require that retailers regularly determine how items should be allocated to retail shelves. The existing shelf-space literature mainly deals with regular retail shelves onto which customers only have a frontal perspective. This study provides a modeling and solution approach for two-dimensional shelves, e.g., for meat, bread, fish, cheese, or clothes. These are categories that are kept on tilted shelves. Customers have a total perspective on these sh...