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作者：Wang, Zhe (Frank); Mersereau, Adam J.
作者单位：University of North Carolina; University of North Carolina Chapel Hill; University of North Carolina School of Medicine
摘要：We consider the inventory management problem of a firm reacting to potential change points in demand, which we define as known epochs at which the demand distribution may (or may not) abruptly change. Motivating examples include global news events (e. g., the 9/11 terrorist attacks), local events (e. g., the opening of a nearby attraction), or internal events (e. g., a product redesign). In the periods following such a potential change point in demand, a manager is torn between using a possibl...
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作者：Li, Meng; Petruzzi, Nicholas C.
作者单位：Rutgers University System; Rutgers University Camden; Rutgers University New Brunswick; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要：This note analyzes the effects associated with reducing demand uncertainty in a decentralized supply chain comprising one manufacturer, one retailer, and a wholesale price contract that governs the transactions between them. The demand uncertainty level is parameterized through a mean-preserving spread, and the manufacturer's and the retailer's equilibrium decisions are solved accordingly. We consider the case of an exogenous retail price as well as the case of an endogenous retail price, and ...
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作者：Anily, Shoshana; Haviv, Moshe
作者单位：Tel Aviv University; Hebrew University of Jerusalem; Hebrew University of Jerusalem
摘要：We consider production and service systems that consist of parallel lines of two types: (i) M/M/1 lines and (ii) lines that have no buffers (loss systems). Each line is assumed to be controlled by a dedicated supervisor. The management measures the effectiveness of the supervisors by the long run expected cost of their line. Unbalanced lines cause congestion and bottlenecks, large variation in output, unnecessary wastes and, ultimately, high operating costs. Thus, the supervisors are expected ...
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作者：Tereyagoglu, Necati; Fader, Peter S.; Veeraraghavan, Senthil
作者单位：University System of Georgia; Georgia Institute of Technology; University of Pennsylvania
摘要：We examine the value of price commitment in a non-profit organization using individual-level purchases over a series of concert performances. To decide on a pricing policy, the performing arts organization must be able to accurately measure when each ticket will be sold and what type of audience will purchase the tickets for each performance. We use a competing hazards framework to model the timing of ticket purchases when customer segments differ in their valuations and arrival times. We show...
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作者：Ahmadi, Reza; Iravani, Foad; Mamani, Hamed
作者单位：University of California System; University of California Los Angeles; University of Washington; University of Washington Seattle
摘要：The practice of diverting genuine products to unauthorized gray markets continues to challenge companies in various industries and creates intense competition for authorized channels. Recent industry surveys report that the abuse of channel incentives is a primary reason for the growth of gray market activities. Therefore, it is crucial that companies take the presence of gray markets into consideration when they design contracts to distribute products through authorized retailers. This issue ...
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作者：Angelus, Alexandar; Zhu, Wanshan
作者单位：Texas A&M University System; Texas A&M University College Station; Mays Business School; Tsinghua University
摘要：We consider a multi-stage inventory system with stochastic demand and processing capacity constraints at each stage, for both finite-horizon and infinite-horizon, discounted-cost settings. For a class of such systems characterized by having the smallest capacity at the most downstream stage and system utilization above a certain threshold, we identify the structure of the optimal policy, which represents a novel variation of the order-up-to policy. We find the explicit functional form of the o...
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作者：Stoll, Sebastian; Zoettl, Gregor
作者单位：University of Erlangen Nuremberg
摘要：We study buyer-determined procurement auctions where both price and non-price characteristics of bidders matter for being awarded a contract. Although, in scoring auctions bidders perfectly know how price and non-price attributes determine the awarding of the contract, this remains uncertain in buyer-determined auctions where the buyer is free to choose once all bids have been submitted. We analyze the impact of information bidders have with respect to the buyer's awarding decision. As we show...
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作者：Berenguer, Gemma; Keskinocak, Pinar; Shanthikumar, J. George; Swaminathan, Jayashankar; Van Wassenhove, Luk N.
作者单位：Purdue University System; Purdue University; University System of Georgia; Georgia Institute of Technology; University of North Carolina; University of North Carolina Chapel Hill; INSEAD Business School
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作者：Liao, Chen-Nan; Chen, Ying-Ju
作者单位：National Taiwan University; Hong Kong University of Science & Technology; Hong Kong University of Science & Technology
摘要：In developing countries, governments, non- governmental organizations, and social entrepreneurs are disseminating agricultural information to farmers to improve their welfare. However, instead of having direct access to the information, farmers usually acquire information from local social networks, and, thus, they may have very different information channels. We establish a general framework that accommodates highly asymmetric information structures to study farmers' information management an...
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作者：Li, Tao; Sethi, Suresh P.; Zhang, Jun
作者单位：Santa Clara University; University of Texas System; University of Texas Dallas; Fudan University
摘要：We consider a firm's sourcing problem from one reliable supplier and one unreliable supplier in two price-setting scenarios. In the committed pricing scenario, the firm makes the pricing decision before the supply uncertainty is resolved. In the responsive pricing scenario, the firm ' s pricing decision is made after the supply uncertainty is resolved. For the committed pricing scenario, we develop a condition on supply uncertainty that guarantees the unimodality of the firm's objective functi...
