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作者:Elmaghraby, Wedad J.; Gopal, Anandasivam; Pilehvar, Ali
作者单位:University System of Maryland; University of Maryland College Park
摘要:It is widely accepted that the information technology (IT) industry has high clockspeed. This very phenomenon has led to IT OEMs finding themselves selling new generation models only to be left holding returned merchandise from older generations. Similarly, customers who migrate to newer generations of products experience uncertainty about how to dispose of older but functional IT equipment. Online liquidation markets have emerged to address these needs by finding ways to resell this equipment...
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作者:Kahlen, Micha T.; Ketter, Wolfgang; van Dalen, Jan
作者单位:Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam; University of Cologne
摘要:Virtual power plants (VPP) play a crucial role in balancing the electricity smart grid. VPPs aggregate energy from decentralized sources, for example, biogas, solar panels, or hydropower, to generate and consume electricity on demand. We study the management of electric vehicle (EV) fleets organized in VPPs as a way to address the challenges posed by the inflexible energy supply of renewable sources. In particular, we analyze the potential of parked EVs to absorb electricity from the grid, and...
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作者:Cohen, Maxime C.; Lobel, Ruben; Perakis, Georgia
作者单位:New York University; Airbnb; Massachusetts Institute of Technology (MIT)
摘要:We study a dynamic pricing problem, where a firm offers a product to be sold over a fixed time horizon. The firm has a given initial inventory level, but there is uncertainty about the demand for the product in each time period. The objective of the firm is to determine a dynamic pricing strategy that maximizes revenue throughout the entire selling season. We develop a tractable optimization model that directly uses demand data, therefore creating a practical decision tool. We show computation...
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作者:Duijzer, Lotty E.; van Jaarsveld, Willem L.; Wallinga, Jacco; Dekker, Rommert
作者单位:Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam; Eindhoven University of Technology; Netherlands National Institute for Public Health & the Environment
摘要:Vaccination is an effective way to prevent an epidemic. It results in immunity for the vaccinated individuals, but it also reduces the infection pressure for unvaccinated people. Thus people may actually escape infection without being vaccinated: the so-called herd effect. We analytically study the relation between the herd effect and the vaccination fraction for the seminal SIR compartmental model, which consists of a set of differential equations describing the time course of an epidemic. We...
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作者:Devalkar, Sripad K.; Seshadri, Sridhar; Ghosh, Chitrabhanu; Mathias, Allen
作者单位:Indian School of Business (ISB)
摘要:Agricultural supply chains in the developing world face the daunting task of feeding a growing population in the coming decades. Along with the provision of food, sustaining livelihoods, enhancing nutrition and the ability to cope with rapid changes in the environment and marketplaces are equally important to millions of small farmers. Data science can help in many ways. In this article, we outline the beginnings of data science applications in Indian agriculture. We cover various initiatives ...
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作者:Kumar, Subodha; Mookerjee, Vijay; Shubham, Abhinav
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; University of Texas System; University of Texas Dallas
摘要:Owing to its multidisciplinary nature, the operations management (OM) and information systems (IS) interface distinguishes itself from the individually focused perspective of both fields. The number and depth of contributions in this department can help both disciplines advance to better address important theoretical and practical challenges of the business world. In this paper, we study the characteristics of problems at the interface between OM and IS, and review past work that has been inst...
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作者:Shamir, Noam; Shin, Hyoduk
作者单位:Tel Aviv University; University of California System; University of California San Diego
摘要:We study the incentives of a group of retailers, organized as a trade association and sourcing the product from a single manufacturer, to exchange private forecast information. We compare two widely used policies by the trade association in practice: exclusionary information exchange and non-exclusionary information exchange. Under the exclusionary policy, only retailers who contribute their private information are exposed to the pool of shared information, whereas under the non-exclusionary p...
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作者:Mukherjee, Ujjal Kumar; Sinha, Kingshuk K.
作者单位:University of Illinois System; University of Illinois Urbana-Champaign; University of Minnesota System; University of Minnesota Twin Cities
摘要:This study investigates judgment bias (under-reaction or over-reaction) in product recall decisions by firms when they respond to adverse event reports generated by users of their products. We develop an integrative theoretical framework for identifying the sources of judgment bias in product recall decisions. We analyze user-generated reports (big and unstructured data) on adverse events related to medical devices, using a combination of econometric and predictive analytic methods. We find th...
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作者:Song, Boqian; Li, Michael Z. F.
作者单位:Southwestern University of Finance & Economics - China; Nanyang Technological University
摘要:In this study, we investigate unbundling when a firm dynamically prices a basic service, while separating the sale of a fixed-price add-on. We characterize the optimal dynamic unbundling pricing policy and investigate its structural properties. We find that the value function with unbundling increases in the degree of dependence between consumers' reservation prices for basic service and add-on. However, there are no similar monotonicity properties for the optimal price of the basic service. F...
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作者:Ertekin, Necati
作者单位:Santa Clara University
摘要:This study contributes to the understanding of customer relationship management by assessing how an in-store customer return experience can influence customer exchange behavior and satisfaction during a return event, and customer repurchase behavior following a return event. Exchanges, satisfaction, and repurchases are potential customer relationship management outcomes that may contribute to customer lifetime value. We empirically examine these outcomes with respect to two store labor factors...