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作者:Yan, Xiaoming; Chao, Xiuli; Lu, Ye; Zhou, Sean X.
作者单位:Chinese Academy of Sciences; University of Science & Technology of China, CAS; University of Michigan System; University of Michigan; City University of Hong Kong; Chinese University of Hong Kong
摘要:Because of environmental and economic reasons, an increasing number of original equipment manufacturers (OEMs) nowadays sell both new and remanufactured products. When both products are available, customers will buy the one that gives them a higher (and non-negative) utility. Thus, if the firm does not price the products properly, then product cannibalization may arise and its revenue may be adversely impacted. In this paper, we study the pricing problem of a firm that sells both new and reman...
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作者:Rahmani, Morvarid; Roels, Guillaume; Karmarkar, Uday S.
作者单位:University of California System; University of California Los Angeles
摘要:Many knowledge-intensive projects such as new product and software design, research, and high technology development have flexible scope and involve co-production between a client and a vendor. In such projects, it is often challenging to estimate how much progress can be achieved within a certain time window or how much time may be needed to achieve a certain degree of progress, especially because the client and vendor often adjust their efforts as a function of the project's progress, the ti...
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作者:Janakiraman, Ganesh; Seshadri, Sridhar
作者单位:University of Texas System; University of Texas Dallas; Indian School of Business (ISB)
摘要:We study dual sourcing inventory systems with backordering and with stationary, stochastic demands. The two supply sources differ in their unit prices and lead times. We focus on the option of making costless returns to the cheaper, longer leadtime supplier. We show that the value of this option is zero. Our analysis leading to this result includes the derivation of several structural properties of the optimal policies for dual sourcing systems with and without the return option.
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作者:Whang, Seungjin
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作者:Chen, Yiwei; Levi, Retsef; Shi, Cong
作者单位:Singapore University of Technology & Design; Massachusetts Institute of Technology (MIT); University of Michigan System; University of Michigan
摘要:We consider a revenue management problem wherein the seller is endowed with a single type resource with a finite capacity and the resource can be repeatedly used to serve customers. There are multiple classes of customers arriving according to a multi-class Poisson process. Each customer, upon arrival, submits a service request that specifies his service start time and end time. Our model allows customer advanced reservation times and services times in each class to be arbitrarily distributed ...
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作者:Anand, Vic; Balakrishnan, Ramji; Labro, Eva
作者单位:Emory University; University of Iowa; University of North Carolina; University of North Carolina Chapel Hill; University of North Carolina School of Medicine
摘要:We demonstrate the need to view in a dynamic context any decision based on limited information. We focus on the use of product costs in selecting the product portfolio. We show how ex post data regarding the actual costs from implementing the decision leads to updating of product cost estimates and potentially trigger a revision of the initial decision. We model this updating process as a discrete dynamical system (DDS). We define a decision as informationally consistent if it is a fixed-point...
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作者:Shunko, Masha; Do, Hung T.; Tsay, Andy A.
作者单位:University of Washington; University of Washington Seattle; University of Vermont; Santa Clara University
摘要:What motivates the geographic footprint of the supply chains that multinational firms (MNFs) deploy? Traditional research in the operations and supply chain management literature tends to recommend locations primarily based on differentials in production costs and the ramifications of physical distance ignoring the role of taxation. MNFs that strategically position parts of their supply chains in low-tax locations can allocate the profits across the divisions to improve post-tax profits. For t...
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作者:Steinker, Sebastian; Hoberg, Kai; Thonemann, Ulrich W.
作者单位:Kuhne Logistics University; University of Cologne
摘要:To be efficient, logistics operations in e-commerce require warehousing and transportation resources to be aligned with sales. Customer orders must be fulfilled with short lead times to ensure high customer satisfaction, and the costly under-utilization of workers must be avoided. To approach this ideal, forecasting order quantities with high accuracy is essential. Many drivers of online sales, including seasonality, special promotions and public holidays, are well known, and they have been fr...
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作者:Kraft, Tim; Raz, Gal
作者单位:University of Virginia; Western University (University of Western Ontario)
摘要:The recent proliferation of media reports on substances of concern has increased consumer fears, sparked scientific debate, and highlighted the need for stronger chemical regulations. When a substance of concern is identified (e.g., bisphenol-A (BPA) in reusable water bottles), manufacturers face difficult trade-offs in deciding whether to proactively replace the substance in their products or to defer replacement and wait to see if regulation occurs. In this study, we examine when opportuniti...
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作者:Manou, Athanasia; Canbolat, Pelin G.; Karaesmen, Fikri
作者单位:Koc University
摘要:We consider a transportation station, where customers arrive according to a Poisson process, observe the delay information and the fee imposed by the administrator and decide whether to use the facility or not. A transportation facility visits the station according to a renewal process and serves all present customers at each visit. We assume that every customer maximizes her individual expected utility and the administrator is a profit maximizer. We model this situation as a two-stage game am...