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作者:Bertsimas, Dimitris; Kallus, Nathan; Hussain, Amjad
作者单位:Massachusetts Institute of Technology (MIT); Cornell University
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作者:Chuang, Howard Hao-Chun; Oliva, Rogelio; Perdikaki, Olga
作者单位:National Chengchi University; Texas A&M University System; Texas A&M University College Station; Mays Business School
摘要:Staffing decisions are crucial for retailers since staffing levels affect store performance and labor-related expenses constitute one of the largest components of retailers' operating costs. With the goal of improving staffing decisions and store performance, we develop a labor-planning framework using proprietary data from an apparel retail chain. First, we propose a sales response function based on labor adequacy (the labor to traffic ratio) that exhibits variable elasticity of substitution ...
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作者:Bansal, Saurabh; Gutierrez, Genaro J.; Keiser, John R.
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; University of Texas System; University of Texas Austin; Dow Chemical Company
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作者:Yoon, Dae-Hee
作者单位:Yonsei University
摘要:It is conventional wisdom that a manufacturer's encroachment into retail space will likely hurt an existing retailer. In contrast to this conventional belief, current research indicates that a retailer may welcome a manufacturer's encroachment despite the new competition in the final market. The encroachment may help the manufacturer have some skin in the game at the retail level, which will cause the manufacturer to make a selfish cost-reducing investment that spills over to the retailer as a...
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作者:Toffel, Michael W.
作者单位:Harvard University
摘要:This article seeks to encourage scholars to conduct research that is more relevant to the decisions faced by managers and policymakers, and addresses why research relevance matters, what relevance means in terms of a journal article, and how scholars can increase the relevance of their research. I define relevant research papers as those whose research questions address problems found (or potentially found) in practice and whose hypotheses connect independent variables within the control of pr...
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作者:Deng, Shiming; Yano, Candace Arai
作者单位:Huazhong University of Science & Technology; University of California System; University of California Berkeley; University of California System; University of California Berkeley
摘要:Managers at all stages of a supply chain are concerned about meeting profit targets. We study contract design for a buyer-supplier supply chain, with each party maximizing expected profit subject to a chance constraint on meeting his respective profit target. We derive the optimal contract form (across all contract types) with randomized and deterministic payments. The best contract has the property that, if the chance constraints are binding, at most one party fails to satisfy his profit targ...
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作者:Drake, David F.; Kleindorfer, Paul R.; Van Wassenhove, Luk N.
作者单位:Harvard University; INSEAD Business School
摘要:We study the impact of emissions tax and emissions cap-and-trade regulation on a firm's technology choice and capacity decisions. We show that emissions price uncertainty under cap-and-trade results in greater expected profit than a constant emissions price under an emissions tax, which contradicts popular arguments that the greater uncertainty under cap-and-trade will erode value. We further show that two operational drivers underlie this result: (i) the firm's option not to operate, which ef...
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作者:Luo, Lan; Sun, Jiong
作者单位:University of Southern California; Purdue University System; Purdue University
摘要:In recent years, an increasing number of brick-and-mortar retailers have entered into the new brick-and-click era. Within this context, when a manufacturer presents a new product offering to a retailer, the ultimate decision is often made by the retailer regarding (1) whether to carry the new product, and (2) the channel outlet the product will be carried in (i.e., in-store only, online-exclusive, or brick-and-click). In response to this trend, we examine how a manufacturer may use product des...
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作者:Hua, Zhongsheng; Chen, Wuhua; Zhang, Zhe George
作者单位:Chinese Academy of Sciences; University of Science & Technology of China, CAS; Zhejiang University; Chinese Academy of Sciences; University of Science & Technology of China, CAS; Western Washington University; Simon Fraser University
摘要:As a result of government budgetary limits and rapid market growth, many public service systemssuch as health careare characterized by extensive customer wait times that have become a serious problem. This problem might be solved by allowing private firms to enter these markets, which would provide customers with a choice between a free (governmental) public service provider (SP) and a fee-charging (or toll) private SP. In such a two-tier service system, the two SPs are differentiated by servi...
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作者:Chen, Hao-Wei; Gupta, Diwakar; Gurnani, Haresh; Janakiraman, Ganesh
作者单位:California State University System; San Jose State University; University of Minnesota System; University of Minnesota Twin Cities; Wake Forest University; University of Texas System; University of Texas Dallas
摘要:We present a multiperiod model of a retail supply chain, consisting of a single supplier and a single retailer, in which regular replenishment occurs periodically but players have the option to support fast delivery when customers experience a stockout during a replenishment period. Because expedited shipments increase the supplier's transportation cost, and possibly production/inventory costs, the supplier typically charges a markup over and above the prevailing wholesale price for fast-shipp...