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作者:Kurtulus, Muemin; Nakkas, Alper; Uelkue, Sezer
作者单位:Vanderbilt University; Sungkyunkwan University (SKKU); Georgetown University
摘要:This research investigates the value of category captainship (a management practice in which a retailer relies on a manufacturer for recommendations regarding strategic category management decisions) in retail supply chains. We consider a setting where the scope of category management is limited to assortment decisions and demand enhancing activities. We assume that the retailer selects a category captain among multiple competing manufacturers with privately known capabilities for driving cate...
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作者:Barz, Christiane; Kolisch, Rainer
作者单位:University of California System; University of California Los Angeles; Technical University of Munich
摘要:We formulate a discrete time Markov decision process for a resource assignment problem for multi-skilled resources with a hierarchical skill structure to minimize the average penalty and waiting costs for jobs with different waiting costs and uncertain service times. In contrast to most queueing models, our application leads to service times that are known before the job is actually served but only after it is accepted and assigned to a server. We formulate the corresponding Markov decision pr...
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作者:Huang, Tingliang; Van Mieghem, Jan A.
作者单位:University of London; University College London; Northwestern University
摘要:We consider firms that feature their products on the Internet but take orders offline. Click and order data are disjoint on such non-transactional websites, and their matching is error-prone. Yet, their time separation may allow the firm to react and improve its tactical planning. We introduce a dynamic decision support model that augments the classic inventory planning model with additional clickstream state variables. Using a novel data set of matched online clickstream and offline purchasin...
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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: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...