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作者:Ayvaci, Mehmet Ulvi Saygi; Ahsen, Mehmet Eren; Raghunathan, Srinivasan; Gharibi, Zahra
作者单位:University of Texas System; University of Texas Dallas; International Business Machines (IBM); IBM USA
摘要:Available clinical evidence is inconclusive on whether radiologists should use the patient risk profile information when interpreting mammograms. On the one hand, risk profile information is informative and can improve radiologists' performance, but on the other hand, it may impair their judgment by introducing biases in mammography interpretation. Therefore, it is important to assess whether and when profile information use translates into improved outcomes. We model the use of profile inform...
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作者:Rafique, Raza; Mun, Kwon Gi; Zhao, Yao
作者单位:Lahore University of Management Sciences; Fairleigh Dickinson University; Rutgers University System; Rutgers University Newark; Rutgers University New Brunswick
摘要:Many developing countries suffer severe energy deficiencies despite their ample reserves of resources - the so-called predicament of resource rich, energy poor. A leading driver is the energy-economy cycle, where poor economic status, inefficient utilization of limited budget, and energy deficiency reinforced each other and led these countries into a spiral of economic downfall. How to turn this cycle around? It is a classic question but not well answered in the energy policy/economics literat...
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作者:Xu, Yuqian; Pinedo, Michael; Xue, Mei
作者单位:New York University; Boston College
摘要:We present a framework to describe and analyze operational risk in financial services from an operations management perspective, focusing in particular on process design, process management, and human behavior aspects. The financial services industry differs from other service industries in ways that affect the nature of the operational risks it is subject to. In recent decades, many books and papers have focused on operational risk in financial services; however, this literature has focused m...
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作者:Yan, X.; Chao, X.; Lu, Y.; Zhou, S. X.
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作者:Tan, Yinliang (Ricky); Paul, Anand A.; Deng, Qi; Wei, Lai
作者单位:Tulane University; State University System of Florida; University of Florida; Shanghai University of Finance & Economics; Shanghai Jiao Tong University
摘要:Service level agreements (SLAs) are widely adopted performance-based contracts in operations management practice, and fill rate is the most common performance metric among all the measurements in SLAs. Traditional procedures characterizing the order-up-to level satisfying a specified fill rate implicitly assume an infinite performance review horizon. However, in practice, inventory managers are liable to maintain and report fill rates over a finite performance review horizon. This horizon disc...
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作者:Gupta, Shivam; Dawande, Milind; Janakiraman, Ganesh; Sarkar, Ashutosh
作者单位:Texas State University System; Texas State University San Marcos; University of Texas System; University of Texas Dallas; Indian Institute of Management (IIM System); Indian Institute of Management Kozhikode
摘要:Among the various governmental schemes that support agriculture, support prices have been adopted by many developing countries. A support price for an agricultural crop is a guaranteed price at which a governmental entity agrees to purchase that crop from farmers. Despite this surety, a surprising practice of distressed selling has been widely observed in practice: Farmers sell a significant portion of their crops to outside agents at prices much lower than the support price. We build a tracta...
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作者:Gao, Long; Yang, Nan; Zhang, Renyu; Luo, Ting
作者单位:University of California System; University of California Riverside; University of Miami; New York University; NYU Shanghai; California State University System; California State University Fullerton
摘要:We examine the critical role of advance supply signalssuch as suppliers' financial health and production viabilityin dynamic supply risk management. The firm operates an inventory system with multiple demand classes and multiple suppliers. The sales are discretionary and the suppliers are susceptible to both systematic and operational risks. We develop a hierarchical Markov model that captures the essential features of advance supply signals, and integrate it with procurement and selling decis...
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作者:Park, John H.; Kazaz, Burak; Webster, Scott
作者单位:Pepperdine University; Syracuse University; Arizona State University; Arizona State University-Tempe
摘要:This study examines how a firm can mitigate global economic risk through production hedging, defined as producing less than the total demand. We investigate a firm's production planning, pricing, and financial hedging decisions under exchange rate and demand uncertainty with the objective of maximizing expected profit while complying with a value-at-risk (VaR) constraint that limits the firm's losses in amount and probability. The study makes three contributions. First, we show that production...
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作者:Karaer, Ozgen; Kraft, Tim; Khawam, John
作者单位:Middle East Technical University; University of Virginia; Alphabet Inc.; Google Incorporated
摘要:Material IQ (MiQ) is a new decision tool designed by GreenBlue to help suppliers safely share sensitive chemical-toxicity data with their customers. As GreenBlue takes MiQ to market, it must determine under what market conditions to promote the use of MiQ and when to recommend that a buyer uses its implementation as an opportunity to work with an existing supplier. We study GreenBlue's problem in two parts. First, we investigate when a buyer can use a wholesale price premium and/or buyer-suppl...
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作者:Lorca, Alvaro; Celik, Melih; Ergun, Ozlem; Keskinocak, Pinar
作者单位:Pontificia Universidad Catolica de Chile; Ministry of Energy & Natural Resources - Turkey; Middle East Technical University; Northeastern University; University System of Georgia; Georgia Institute of Technology
摘要:Debris generated by disasters can hinder relief efforts and result in devastating economic, environmental, and health problems. In this study, we present a decision-support tool employing analytical models to assist disaster and waste management officials with decisions regarding collection, transportation, reduction, recycling, and disposal of debris. The tool enables optimizing and balancing the financial and environmental costs, duration of the collection and disposal operations, landfill u...