-
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 ...
-
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...
-
作者:Bilginer, Oezlem; Erhun, Feryal
作者单位:Stanford University
摘要:How should a firm with limited capacity introduce a new product? Should it introduce the product as soon as possible or delay introduction to build up inventory? How do the product and market characteristics affect the firm's decisions? To answer such questions, we analyze new product introductions under capacity restrictions using a two-period model with diffusion-type demand. Combining marketing and operations management decisions in a stylized model, we optimize the production and sales pla...
-
作者:Tang, Christopher S.
-
作者:Li, Zhuoxin; Gilbert, Stephen M.; Lai, Guoming
作者单位:University of Texas System; University of Texas Austin
摘要:The objective of this study was to extend existing understanding of supplier encroachment to contexts in which there is information asymmetry and the supplier can use nonlinear pricing. Prior research has shown that supplier encroachment can mitigate double marginalization and thus benefit both the supplier and the reseller. However, under symmetric information, this benefit disappears if the supplier can use nonlinear pricing. In our model, the reseller observes the true market size while the...
-
作者:Esenduran, Goekce; Kemahlioglu-Ziya, Eda
作者单位:University System of Ohio; Ohio State University; North Carolina State University
摘要:Product take-back regulation, under which firms finance the collection and treatment of their end-of-life products, is a widely used environmental program. One of the most common compliance schemes is collectively with cost allocation by market share. As an alternative, individual compliance scheme is considered. Assuming that firms can choose their compliance scheme, we compare these two schemes with respect to the costs they impose on firms and environmental benefits. We show that high colle...
-
作者:Wang, Jingqi; Shin, Hyoduk
作者单位:University of Hong Kong; University of California System; University of California San Diego
摘要:We consider a supply chain with an upstream supplier who invests in innovation and a downstream manufacturer who sells to consumers. We study the impact of supply chain contracts with endogenous upstream innovation, focusing on three different contract scenarios: (i) a wholesale price contract, (ii) a quality-dependent wholesale price contract, and (iii) a revenue-sharing contract. We confirm that the revenue-sharing contract can coordinate supply chain decisions including the innovation inves...
-
作者:Anderson, Edward James; Yang, Shu-Jung Sunny
作者单位:University of Sydney; University of Southampton; Solent University
摘要:We study competitive capacity investment for the emergence of a new market. Firms may invest either in capacity leading demand or in capacity lagging demand at different costs. We show how the lead time and other operational factors including volume flexibility, existing capacity, and demand uncertainty impact equilibrium outcomes. Our results indicate that a type of bandwagon behavior is the most likely equilibrium outcome: if both firms are going to invest, then they are most likely to act i...
-
作者:Ketzenberg, Michael; Bloemhof, Jacqueline; Gaukler, Gary
作者单位:Texas A&M University System; Texas A&M University College Station; Wageningen University & Research; Claremont Colleges; Claremont Graduate University
摘要:We address the use and value of time and temperature information to manage perishables in the context of a retailer that sells a random lifetime product subject to stochastic demand and lost sales. The product's lifetime is largely determined by the temperature history and the flow time through the supply chain. We compare the case in which information on flow time and temperature history is available and used for inventory management to a base case in which such information is not available. ...
-
作者:Gunes, Evrim Didem; Ormeci, Egemen Lerzan; Kunduzcu, Derya
作者单位:Koc University; Koc University; HSBC Holdings; HSBC Turkey
摘要:This paper explores how the capacity of colonoscopy services should be allocated for screening and diagnosis of colorectal cancer to improve health outcomes. Both of these services are important since screening prevents cancer by removing polyps, while diagnosis is required to start treatment for cancer. This paper first presents a basic compartmental model to illustrate the trade-off between these two analytically. Further, a more realistic population dynamics model with resource constraints ...