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作者:Gilbert, Stephen M.; Randhawa, Ramandeep S.; Sun, Haoying
作者单位:University of Texas System; University of Texas Austin; University of Southern California; Texas A&M University System; Texas A&M University College Station; Mays Business School
摘要:We consider a setting in which consumers experience distinct instances of need for a durable product at random intervals. Each instance of need is associated with a random utility and the consumers are differentiated according to the frequency with which they experience such instances of need. We use our model of consumer utility to characterize the firm's optimal strategy of whether to sell, rent, or do a combination of both in terms of the transaction costs and consumers' usage characteristi...
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作者:Ho, Teck-Hua; Su, Xuanming; Wu, Yaozhong
作者单位:National University of Singapore; University of California System; University of California Berkeley; University of Pennsylvania; National University of Singapore
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作者:Lu, Ye; Song, Miao
作者单位:City University of Hong Kong; University of Hong Kong
摘要:This paper studies the optimal policy for a periodic-review inventory system in which the production costs consist of a fixed cost and a piecewise linear convex variable cost. Such a cost function can arise from alternate sources of supply or from the use of overtime production. We fully characterize the structure of the optimal policy for the single-period problem. For the multi-period problem, the optimal policy can have disconnected production regions and complicated optimal produce-up-to l...
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作者:Sting, Fabian J.; Huchzermeier, Arnd
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作者:Savva, Nicos; Scholtes, Stefan
作者单位:University of London; London Business School; University of Cambridge
摘要:We study three contractual arrangements-co-development, licensing, and co-development with opt-out options-for the joint development of new products between a small and financially constrained innovator firm and a large technology company, as in the case of a biotech innovator and a major pharma company. We formulate our arguments in the context of a two-stage model, characterized by technical risk and stochastically changing cost and revenue projections. The model captures the main disadvanta...
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作者:Eftekhar, Mahyar; Masini, Andrea; Robotis, Andreas; Van Wassenhove, Luk N.
作者单位:Arizona State University; Arizona State University-Tempe; Hautes Etudes Commerciales (HEC) Paris; INSEAD Business School
摘要:This article aims to identify optimal vehicle procurement policies for organizations engaged in humanitarian development programs and to derive general insights on the characteristics of these policies. Toward that end, we follow an inductive approach. First, we study the operations of the International Committee of the Red Cross (ICRC) in three representative countries: Sudan, Afghanistan, and Ethiopia. Using a linear programming (LP) model primed with field data provided by the ICRC, we calc...
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作者:Wang, Yulan; Niu, Baozhuang; Guo, Pengfei
作者单位:Hong Kong Polytechnic University; Sun Yat Sen University
摘要:In a three-tier supply chain comprising an original equipment manufacturer (OEM), a contract manufacturer (CM), and a supplier, there exist two typical outsourcing structures: control and delegation. Under the control structure, the OEM contracts with the CM and the supplier respectively. Under the delegation structure, the OEM contracts with the CM only and the CM subcontracts with the supplier. We compare the two outsourcing structures under a push contract (whereby orders are placed before ...
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作者:Katok, Elena; Olsen, Tava; Pavlov, Valery
作者单位:University of Texas System; University of Texas Dallas; University of Auckland
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作者:Rajapakshe, Tharanga; Dawande, Milind; Gavirneni, Srinagesh; Sriskandarajah, Chelliah; Panchalavarapu, P. Rao
作者单位:State University System of Florida; University of Florida; University of Texas System; University of Texas Dallas; Cornell University; Texas A&M University System; Texas A&M University College Station; Mays Business School
摘要:A dedicated subnetwork (DSN) refers to a subset of lanes, with associated loads, in a shipper's transportation network, for which resourcestrucks, drivers, and other equipmentare exclusively assigned to accomplish shipping requirements. The resources assigned to a DSN are not shared with the rest of the shipper's network. Thus, a DSN is an autonomously operated subnetwork and, hence, can be subcontracted. We address a novel problem of extracting a DSN for outsourcing to one or more subcontract...
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作者:Chen, Jianqing; Guo, Zhiling
作者单位:University of Texas System; University of Texas Dallas; Singapore Management University
摘要:This study develops an analytical model to evaluate competing retail firms' sourcing strategies in the presence of supply uncertainty. We consider a common supplier that sells its uncertain supply to two downstream retail firms engaging in price competition in a horizontally differentiated product market. The focal firm has a dual-sourcing option, while the rival firm can only source from the common supplier. We assess the system-wide effects of supply uncertainty on the focal firm's incentive...