-
作者:Zhao, Xia; Xue, Ling; Zhang, Fuqiang
作者单位:University of North Carolina; University of North Carolina Greensboro; Washington University (WUSTL)
摘要:This paper studies an outsourcing problem where two service providers (suppliers) compete for the service contract from a client. The suppliers face uncertain cost for providing the service because they do not have perfect information about the client's type. The suppliers receive differential private signals about the client type and thus compete under asymmetric information. We first characterize the equilibrium of the supplier competition. Then we investigate two of the client's information...
-
作者:Oraiopoulos, Nektarios; Kavadias, Stylianos
作者单位:University of Cambridge
摘要:We formalize R&D as a search process for technology improvements across different technological domains. Technology improvements from a specific domain draw upon a common knowledge base, and as such they share technological content. Moreover, different domains may rely on similar scientific principles, and therefore, knowledge about the technology improvements by one domain might be transferable to another. We analyze how such a technological relatedness shapes the direction of R&D search when...
-
作者:Pang, Zhan; Shen, Houcai; Cheng, T. C. E.
作者单位:Nanjing University; Lancaster University; Nanjing University; Hong Kong Polytechnic University
摘要:We address an inventory rationing problem in a lost sales make-to-stock (MTS) production system with batch ordering and multiple demand classes. Each production order contains a single batch of a fixed lot size and the processing time of each batch is random. Assuming that there is at most one order outstanding at any point in time, we first address the case with the general production time distribution. We show that the optimal order policy is characterized by a reorder point and the optimal ...
-
作者:Sting, Fabian J.; Huchzermeier, Arnd
作者单位:Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC; WHU - Otto Beisheim School of Management
摘要:When facing supply uncertainty caused by exogenous factors such as adverse weather conditions, firms diversify their supply sources following the wisdom of not holding all eggs in one basket. We study a firm that decides on investment and production levels of two unreliable but substitutable resources. Applying real options thinking, production decisions account for actual supply capabilities, whereas investment decisions are made in advance. To model triangular supply and demand correlations,...
-
作者:Gray, John V.; Massimino, Brett
作者单位:University System of Ohio; Ohio State University; Cornell University
摘要:With increasing frequency, firms are locating their operations in disparate countries with distinct national cultures and languages. This study develops and empirically tests hypotheses relating an operation's process compliance performance to (1) the presence of a language difference between the location of the operation and that of headquarters and (2) the national culture of the location of the operation and that of headquarters. Employing an international sample of pharmaceutical manufactu...
-
作者:Bansal, Saurabh; Dyer, James S.
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; University of Texas System; University of Texas Austin
摘要:We show simple yet optimal results to update the inventory/capacity levels, expected profit, fill rates, and service levels of substitutable resources in response to an updating of the mean demand forecasts for the resources. We find that a change in the mean demand of one resource does not affect the optimal inventory level of any other resource. The results are obtained for demands with location-scale distribution, and for a revenue structure satisfying a triangle property such that the mana...
-
作者:McCoy, Jessica H.; Johnson, M. Eric
作者单位:Nike Inc; Dartmouth College
摘要:For infectious diseases like tuberculosis and HIV, treatment adherence plays an important role in treatment effectiveness and epidemic control. Studies of some infectious diseases indicate that patients who live closer to their health facilities maintain higher adherence; however, most models ignore the heterogeneity of patients' adherence. Clinics must balance knowledge about adherence with epidemic growth when creating successful treatment programs. We develop an optimization model that inte...
-
作者:Gong, Xiting; Chao, Xiuli; Zheng, Shaohui
作者单位:Chinese University of Hong Kong; University of Michigan System; University of Michigan; Hong Kong University of Science & Technology
摘要:It is common for a firm to make use of multiple suppliers of different delivery lead times, reliabilities, and costs. In this study, we are concerned with the joint pricing and inventory control problem for such a firm that has a quick-response supplier and a regular supplier that both suffer random disruptions, and faces price-sensitive random demands. We aim at characterizing the optimal ordering and pricing policies in each period over a planning horizon, and analyzing the impacts of supply...
-
作者:Mantin, Benny; Krishnan, Harish; Dhar, Tirtha
作者单位:University of Waterloo; University of British Columbia; Ontario Tech University
摘要:Retailers are increasingly adopting a dual-format model. In addition to acting as traditional merchants (buying and reselling goods), these retailers provide a platform for third-party (3P) sellers to access and compete for the same customers. We investigate the strategic rationale for a retailer to introduce a 3P marketplace. Our analysis provides insights into the growing prevalence of 3P marketplaces. We show that by committing to having an active 3P marketplace, the retailer creates an out...
-
作者:Sodhi, ManMohan S.; Tang, Christopher S.
作者单位:City St Georges, University of London; University of California System; University of California Los Angeles
摘要:Floods are the most frequent category of disasters worldwide. Among all geographic regions, Asia has suffered the most. While there are several ongoing humanitarian efforts and initiatives, we believe there is a new opportunity to coordinate last mile humanitarian efforts in the event of a flood using micro-retailers. Because micro-retailers are the last mile nodes in traditional retail supply chains in many Asian countries, we propose the use of social enterprise to buttress these supply chai...