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作者:Ceran, Yasin; Singh, Harpreet; Mookerjee, Vijay
作者单位:Santa Clara University
摘要:In Online Movie Rental Systems, customer desire to rent can often be observed before the actual consumption occurs. Desire represents uncensored (or true) demand information. Hence, the impact of inventory decisions (numbers of physical copies of different movies) can be accurately traced to the creation of desire (via Word-of-mouth), and then to rental. Word-of-Mouth (WOM) has been recognized as one of the most influential sources of information transmission, especially for experience goods. ...
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作者:Luo, Ting; Gao, Long; Akcay, Yalcin
作者单位:University of Texas System; University of Texas Dallas; California State University System; California State University Fullerton; University of California System; University of California Riverside; Koc University
摘要:We study a joint capacity leasing and demand acceptance problem in intermodal transportation. The model features multiple sources of evolving supply and demand, and endogenizes the interplay of three leversforecasting, leasing, and demand acceptance. We characterize the optimal policy, and show how dynamic forecasting coordinates leasing and acceptance. We find (i) the value of dynamic forecasting depends critically on scarcity, stochasticity, and volatility; (ii)traditional mean-value equival...
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作者:Nicolae, Mariana L.; Ferguson, Mark E.; Garrow, Laurie A.
作者单位:Eastern Michigan University; University of South Carolina System; University of South Carolina Columbia; University System of Georgia; Georgia Institute of Technology
摘要:When firms evaluate their service system design choices, there is typically more uncertainty surrounding the value that a particular auxiliary service provides than there is on the cost of providing that service. To help inform this decision, we propose an approach where we compare the relative value of the segment of passengers who use an auxiliary service to the relative value of the segment that does not use it. We demonstrate this approach for a typical auxiliary service common to the airl...
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作者:Gupta, Sushil; Starr, Martin K.; Farahani, Reza Zanjirani; Matinrad, Niki
作者单位:State University System of Florida; Florida International University; Rollins College; Kingston University; K. N. Toosi University of Technology
摘要:We have reviewed disaster management research papers published in major operations management, management science, operations research, supply chain management and transportation/logistics journals. In reviewing these studies, our objective is to assess and present the macro level architectural blue print of disaster management research with the hope that it will attract new researchers and motivate established researchers to contribute to this important field. The secondary objective is to br...
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作者:Kor, Yasemin Y.; Mahoney, Joseph T.; Siemsen, Enno; Tan, Danchi
作者单位:University of Cambridge; University of Illinois System; University of Illinois Urbana-Champaign; National Chengchi University
摘要:Edith Penrose's (1959) classic book, The Theory of the Growth of the Firm, made a substantial impact on strategic management research, especially in the context of the resource-based view of the firm, and the ripple effects of her impact continue to unfold today in various disciplines. The book serves as a remarkably rich source of inspiration for scholarly research and a generative source of ideas, which are poised to be further developed. In this study, we examine Penrose's (1959) classic an...
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作者:Smunt, Timothy L.; Ghose, Sanjoy
作者单位:University of Wisconsin System; University of Wisconsin Milwaukee
摘要:The flow of jobs within a system is an important operating characteristic that influences system performance. While the majority of previous studies on manufacturing performance consider product flows only as an implicit parameter of the design, we introduce an explicit measure of flow dominance based on entropy and test its efficacy in predicting the performance of manufacturing systems. In computing entropy flow dominance (EFD), we aggregate information embedded in the routings of all produc...
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作者:Aloysius, John; Deck, Cary; Hao, Li; French, Ryan
作者单位:University of Arkansas System; University of Arkansas Fayetteville; University of Arkansas System; University of Arkansas Fayetteville; University of Alaska System; University of Alaska Anchorage; Chapman University System; Chapman University
摘要:Electronic reverse auctions are a commonly used procurement mechanism. Research to date has focused on suppliers who are ex ante symmetric in that their costs are drawn from a common distribution. However, in many cases, a seller's range of potential costs depends on their own operations, location, or economies of scale and scope. Thus, understanding how different bidder types impact auction outcomes is key when designing an auction. This study reports the results of the first controlled labor...
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作者:Papier, Felix
作者单位:ESSEC Business School
摘要:In this article, we study the control of stochastic make-to-stock manufacturing lines in the presence of electricity costs. Electricity costs are difficult to manage because unit costs increase with the total load, that is, the amount of electricity needed by the manufacturing line at a certain point in time. We demonstrate that standard methods for controlling manufacturing lines cannot be used and that standard analytic results for stochastic manufacturing lines do not hold in the presence o...
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作者:[Anonymous]
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作者:Serpa, Juan Camilo; Krishnan, Harish
作者单位:McGill University; University of British Columbia
摘要:In industries where firms perform dangerous (but necessary) operations, liability costsdue to potential harm to third partiescan be significant. Firms may therefore find it optimal to exit the market, and this may lead to an inefficiently low number of incumbents. A social planner can discourage exit by offering appropriately designed subsidies. Ex ante subsidies defray the costs associated with making operations safer (e.g., funds to subsidize the purchase of safety equipment). Ex post subsid...