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作者：Zhu, Yunxia; Kumar, Subodha; Rodriguez-Sanchez, Sara; Sriskandarajah, Chelliah
作者单位：Rider University; Texas A&M University System; Texas A&M University College Station; Mays Business School; Universidad Autonoma de Nuevo Leon
摘要：We study the logistics problem faced by Regional Branches (RBs) of a central bank in managing the currency supply under security concerns. While making banknote supply decisions to Sub-Branches (SBs), the management of RB must achieve two goals simultaneously: (i) guarantee that each SB has sufficient inventories of all denominations of banknotes to satisfy the demands from all commercial banks within its service area, and (ii) control the annual spending on this banknote supply operation. Due...
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作者：Chen, Ying-Ju; Tang, Christopher S.
作者单位：Hong Kong University of Science & Technology; University of California System; University of California Los Angeles
摘要：In developing countries, farmers lack information for making informed production, manufacturing/selling decisions to improve their earnings. To alleviate poverty, various non-governmental organizations (NGOs) and for-profit companies have developed different ways to distribute information about market price, crop advisory and farming technique to farmers. We investigate a fundamental question: will information create economic value for farmers? We construct a stylized model in which farmers fa...
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作者：Yu, Yimin; Benjaafar, Saif; Gerchak, Yigal
作者单位：City University of Hong Kong; University of Minnesota System; University of Minnesota Twin Cities; Tel Aviv University
摘要：We analyze the benefit of production/service capacity sharing for a set of independent firms. Firms have the choice of either operating their own production/service facilities or investing in a facility that is shared. Facilities are modeled as queueing systems with finite service rates. Firms decide on capacity levels (the service rate) to minimize delay costs and capacity investment costs possibly subject to service-level constraints on delay. If firms decide to operate a shared facility the...
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作者：Cheng, Hsing Kenneth; Li, Shengli; Liu, Yipeng
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作者：Brumme, Hendrik; Simonovich, Daniel; Skinner, Wickham; Van Wassenhove, Luk N.
作者单位：Reutlingen University; Reutlingen University; Harvard University; INSEAD Business School
摘要：Few unfocused factories outperform competitors, but focus is elusive because the environment is constantly evolving and this requires changes to a factory's key tasks. So how can focus be achieved and sustained? We present insights derived from an historical analysis of the German Hewlett-Packard server plant which went through a series of focus changes over the years. Using this example, we provide clues for the right timing of focus changes and discuss critical structural and infrastructural...
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作者：Ahmadi, Reza; Iravani, Foad; Mamani, Hamed
作者单位：University of California System; University of California Los Angeles; University of Washington; University of Washington Seattle
摘要：Gray markets, also known as parallel imports, have created fierce competition for manufacturers in many industries. We analyze the impact of parallel importation on a price-setting manufacturer that serves two markets with uncertain demand, and characterize her policy against parallel importation. We show that ignoring demand uncertainty can take a significant toll on the manufacturer's profit, highlighting the value of making price and quantity decisions jointly. We find that adjusting prices...
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作者：Abbey, James D.; Meloy, Margaret G.; Guide, V. Daniel R., Jr.; Atalay, Selin
作者单位：Texas A&M University System; Texas A&M University College Station; Mays Business School; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; Hautes Etudes Commerciales (HEC) Paris
摘要：This study empirically investigates consumer perceptions of remanufactured consumer products in closed-loop supply chains. A multi-study approach led to increasing levels of measure refinement and facilitated examination of various assumptions researchers have made about the consumer market for remanufactured products. Based in part on the measure building studies, an experimental study examined remanufactured product perceptions from a national panel of consumers. The consumers responded to r...
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作者：Breiter, Andreas; Huchzermeier, Arnd
作者单位：WHU - Otto Beisheim School of Management
摘要：Demand forecast errors threaten the profitability of high-low price promotion strategies. This article shows how to match demand and supply effectively by means of two-segment demand forecasting and supply contracts. We find that demand depends on the path of past retail prices, which leads to only a limited number of reachable demand states. However, forecast errors cannot be entirely eliminated because competitive promotions entail some degree of random (i.e., last-minute) pricing. A hedging...
