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作者:Demirezen, Emre M.; Kumar, Subodha
作者单位:State University of New York (SUNY) System; Binghamton University, SUNY; Texas A&M University System; Texas A&M University College Station; Mays Business School
摘要:We consider subscription-based rental organizations, such as Netflix, where the satisfaction of customers depends on the availability of requested products. Recommender systems, in a DVD-rental context, are typically used to help customers in finding the right movies for them. Accordingly, the focus in recommender system research is generally on making better predictions of users' ratings. In contrast, we focus on better utilizing these rating estimates in the operations of DVD-rental firms. W...
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作者:Adida, Elodie; Bakshi, Nitin; DeMiguel, Victor
作者单位:University of California System; University of California Riverside; University of London; London Business School
摘要:We identify market conditions under which intermediaries can thrive in retailer-driven supply chains. Our main finding is that, as a consequence of the retailers' leadership position, intermediaries prefer products for which the supply base (existing production capacity) is neither too narrow nor too broad; that is, less existing capacity can result in more intermediary profit. We also show that our main finding is robust to (i) the presence of horizontal competition among retailers and interm...
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作者:Nadar, Emre; Akan, Mustafa; Scheller-Wolf, Alan
作者单位:Ihsan Dogramaci Bilkent University; Carnegie Mellon University
摘要:We consider an assemble-to-order (ATO) system with multiple products, multiple components which may be demanded in different quantities by different products, possible batch ordering of components, random lead times, and lost sales. We model the system as an infinite-horizon Markov decision process under the average cost criterion. A control policy specifies when a batch of components should be produced, and whether an arriving demand for each product should be satisfied. Previous work has sho...
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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...
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作者:Lu, Ye; Song, Miao; Yang, Yi
作者单位:City University of Hong Kong; Hong Kong Polytechnic University; Zhejiang University
摘要:In retailing operations, retailers face the challenge of incomplete demand information. We develop a new concept named K-approximate convexity, which is shown to be a generalization of K-convexity, to address this challenge. This idea is applied to obtain a base-stock list-price policy for the joint inventory and pricing control problem with incomplete demand information and even non-concave revenue function. A worst-case performance bound of the policy is established. In a numerical study whe...
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作者:Vickery, Shawnee K.; Koufteros, Xenophon; Droege, Cornelia; Calantone, Roger
作者单位:Michigan State University; Michigan State University's Broad College of Business; Texas A&M University System; Texas A&M University College Station; Mays Business School
摘要:Modularity has the potential to impact various facets of new product introduction performance including product development lead time, frequency of new product introduction, on time introduction and product innovation. The impact of modularity on new product introduction performance, however, may vary for different levels of product and process complexity. This study empirically investigates relationships between perceptual measures of product modularity, process modularity, and new product in...
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作者:Wang, Huaqing; Gurnani, Haresh; Erkoc, Murat
作者单位:St. Thomas University; Wake Forest University; University of Miami
摘要:We analyze the role of pricing and branding in an incumbent firm's decision when facing competition from an entrant firm with limited capacity. We do so by studying two price competition models (Stackelberg and Nash), where we consider the incumbent's entry-deterrence pricing strategy based on a potential entrant's capacity size. In an extension, we also study a branding model, where the incumbent firm, in addition to pricing, can also invest in influencing market preference for its product. W...
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作者:Babich, Volodymyr; Tang, Christopher S.
作者单位:Georgetown University; University of California System; University of California Los Angeles
摘要:We solve a sequential-moves game that involves three players: the franchisor, the entrepreneur, and the banks. The franchisor chooses the contract terms (a one-time franchise fee and a royalty rate for on-going payments). The entrepreneur dynamically decides when to sign this contract, open a store, and apply for debt financing to cover the initial investment. In response to the entrepreneur's application, banks competitively determine loan rates. We find that the franchisor should use royalty...
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作者:Agrawal, Anupam; Kim, Youngsoo; Kwon, H. Dharma; Muthulingam, Suresh
作者单位:Texas A&M University System; Texas A&M University College Station; Mays Business School; University of Illinois System; University of Illinois Urbana-Champaign; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要:We investigate the optimal strategies for firms to invest in their suppliers when the benefits of such investments can spillover to other firms who also source from the same suppliers. We consider two Bayesian firms that can invest in improving the quality of their shared supplier; the firms do not have complete information on the true quality of the supplier, but they update their beliefs based on the supplier's performance. We formulate the problem as an investment game and obtain Markov per...
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作者:Riccobono, Francesca; Bruccoleri, Manfredi; Grossler, Andreas
作者单位:University of Palermo; Radboud University Nijmegen
摘要:This study explores whether the negative impact of groupthink concurrence-seeking behavior (GTB) on business process reengineering (BPR) projects is affected by group members personal traits and interpersonal ties within the group. To this purpose we conduct and present the results of a longitudinal controlled field experiment over 18 BPR projects lasting 3months and involving 18 teams comprising 71 first-year MBA students. The main contribution of this study is twofold. First, we explicitly c...