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作者：Marschak, Thomas; Shanthikumar, J. George; Zhou, Junjie
作者单位：University of California System; University of California Berkeley; Purdue University System; Purdue University; Shanghai University of Finance & Economics
摘要：We study a newsvendor who can acquire the services of a forecaster, or, more generally, an information gatherer (IG) to improve his information about demand. When the IG's effort increases, does the average ex ante order quantity rise or fall? Do average ex post sales rise or fall? Improvements in information technology and in the services offered by forecasters provide motivation for the study of these questions. Much depends on our model of the IG and his efforts. We study an IG who sends a ...
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作者：Ovchinnikov, Anton; Moritz, Brent; Quiroga, Bernardo F.
作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要：We investigate newsvendor ordering behavior under competition. We present a laboratory experiment that documents the behavioral ordering regularities in competitive newsvendor environments, and an analytical model extending the standard theory of newsvendor competition by including an optimal best-response policy for competing with a behaviorally biased newsvendor. We test the effectiveness of this policy using an out-of-sample experiment and find that it results in improved market share, serv...
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作者：Arya, Anil; Mittendorf, Brian
作者单位：University System of Ohio; Ohio State University
摘要：The use of government incentives tied to market prices as means of boosting corporate social responsibility (CSR) has expanded notably in recent decades. Enhanced business tax deductions for charitable donations and credits for conservation easements are notable cases. While providing incentives for socially desirable behavior to achieve legislative goals has intuitive appeal, the broader economic consequences are not always fully understood. In this study, we examine such wider consequences f...
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作者：Fleischhacker, Adam; Anh Ninh; Zhao, Yao
作者单位：University of Delaware; Rutgers University System; Rutgers University New Brunswick; Rutgers University System; Rutgers University Newark; Rutgers University New Brunswick
摘要：As a result of slow patient recruitment and high patient costs in the United States, clinical trials are increasingly going global. While recruitment efforts benefit from a larger global footprint, the supply chain has to work harder at getting the right drug supply to the right place at the right time. Certain clinical trial supply chains, especially those supplying biologics, have a combination of unique attributes that have yet to be addressed by existing supply chain models. These attribut...
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作者：Gupta, Diwakar; Snir, Eli M.; Chen, Yibin
作者单位：University of Minnesota System; University of Minnesota Twin Cities; Washington University (WUSTL)
摘要：The focus of this study is on the A+B transportation procurement mechanism, which uses the proposed cost (A component) and the proposed time (B component) to score contractors' bids. Empirical studies have shown that this mechanism shortens project durations. We use normative models to study the effect of certain discretionary parameters set by state transportation agencies on contractors' equilibrium bidding strategies, winner selection, and actual completion times. We model the bidding envir...
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作者：Jouini, Oualid; Aksin, O. Zeynep; Karaesmen, Fikri; Aguir, M. Salah; Dallery, Yves
作者单位：Universite Paris Saclay; Koc University
摘要：The problem of estimating delays experienced by customers with different priorities, and the determination of the appropriate delay announcement to these customers, in a multi-class call center with time varying parameters, abandonments, and retrials is considered. The system is approximately modeled as an M(t)/M/s(t) queue with priorities, thus ignoring some of the real features like abandonments and retrials. Two delay estimators are proposed and tested in a series of simulation experiments....
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作者：Kim, Chiwon; Klabjan, Diego; Simchi-Levi, David
作者单位：Massachusetts Institute of Technology (MIT); Northwestern University
摘要：In recent supply chains, often operating multiple delivery modes such as standard freight shipping and air is an effective way of addressing both delivery lead time uncertainties and service rates. We propose a model on how to optimally operate multiple delivery modes. We consider a serial supply chain and an expediting option from intermediate installations to the downstream of the chain. The goods move stochastically among the installations and the system faces a stochastic demand. We identi...
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作者：Yu, Seunghee; Mishra, Abhay Nath; Gopal, Anandasivam; Slaughter, Sandra; Mukhopadhyay, Tridas
作者单位：Sejong University; University System of Georgia; Georgia State University; University System of Maryland; University of Maryland College Park; University System of Georgia; Georgia Institute of Technology; Carnegie Mellon University
摘要：The procurement of maintenance, repair, and operating (MRO) goods has remained a relatively understudied topic in the literature. Though vital cost efficiencies can be extracted from procurement processes through investments in e-procurement systems, there is little empirical work that addresses how such systems should be deployed within organizations. In this study, we focus on the role of e-procurement systems in MRO procurement and study two critical aspects of infusion. The first dimension...
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作者：Chen, Heng; Solak, Senay
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作者：Grahovac, Jovan; Parker, Geoffrey; Shittu, Ekundayo
作者单位：University of Illinois System; University of Illinois Urbana-Champaign; Tulane University; George Washington University
摘要：This study is motivated by examples of outsourcing that are not readily explained by widely established economic theories. We extend recent literature that develops the idea that outsourcing can help firms avoid overinvestment by specifying more precisely the conditions under which this thesis is likely to apply. Our extension is realized through a two-period game theoretic model in which the outsourcing and in-house investments are driven by (1) the cost required to develop a product or proce...
