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作者:Li, Kunpeng; Mallik, Suman; Chhajed, Dilip
作者单位:Texas State University System; Sam Houston State University; University of Kansas; University of Illinois System; University of Illinois Urbana-Champaign
摘要:We study the design of extended warranties in a supply chain consisting of a manufacturer and an independent retailer. The manufacturer produces a single product and sells it exclusively through the retailer. The extended warranty can be offered either by the manufacturer or by the retailer. The party offering the extended warranty decides on the terms of the policy in its best interest and incurs the repair costs of product failures. We use game theoretic models to answer the following questi...
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作者:Ardalan, Ali; Diaz, Rafael
作者单位:Old Dominion University; Old Dominion University
摘要:The bold lines that have separated the application of specific production planning and control techniques to specific production systems are being blurred by continuous advances in production technologies and innovative operational procedures. Oral communication among dispatchers and production units has given way to electronic communication between production planners and these units by continuous progress in information technologies. Current production literature alludes to the idea that, co...
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作者:Comez, Nagihan; Stecke, Kathryn E.; Cakanyildirim, Metin
作者单位:Ihsan Dogramaci Bilkent University; University of Texas System; University of Texas Dallas
摘要:We study a centralized inventory sharing system of two retailers that are replenished periodically. Between two replenishments, a unit can be transshipped to a stocked-out retailer from the other. It arrives a transshipment time later, during which the stocked-out retailer incurs backorder cost. Without transshipment, backorder cost is incurred until the next replenishment. Since the transshipment time is shorter than the time between two replenishments, transshipments can reduce the backorder...
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作者:Veeraraghavan, Senthil; Vaidyanathan, Ramnath
作者单位:University of Pennsylvania
摘要:We study how the seat value perceived by consumers attending an event in a theater/stadium depends on the location of their seat relative to the stage/field. We develop a measure of seat value, called the Seat Value Index, and relate it to seat location and consumer characteristics. We implement our analysis on a proprietary data set that a professional baseball franchise in Japan collected from its customers, and provide recommendations. For instance, we find that customers seated in symmetri...
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作者:Ardalan, Alireza; Diaz, Rafael
作者单位:Old Dominion University; Old Dominion University
摘要:Significant progress in production and information technologies and innovations in management of operations during the last couple of decades have made the production of small lots and deployment of Just-In-Time (JIT) concepts in flowshops possible. As a result, some researchers and practitioners have been seeking to improve the performance of non-repetitive systems using JIT concepts. In this process, the JIT concepts that were originally designed for mass production have been modified to ada...
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作者:Atasu, Atalay; Subramanian, Ravi
作者单位:University System of Georgia; Georgia Institute of Technology
摘要:We investigate the implications of collective and individual producer responsibility (CPR and IPR, respectively) models of product take-back laws for e-waste on manufacturers' design for product recovery (DfR) choices and profits, and on consumer surplus in the presence of product competition. We show that IPR offers superior DfR incentives as compared to CPR, and provides a level competitive ground. CPR may distort competition and allow free-riding on DfR efforts to reduce product recovery co...
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作者:Chen, Ying-Ju; Xiao, Wenqiang
作者单位:University of California System; University of California Berkeley; New York University
摘要:This article studies a three-layer supply chain where a manufacturer sells a product through a reseller who then relies on its own salesperson to sell to the end market. The reseller has superior capability in demand forecasting relative to the manufacturer. We explore the main trade-offs between the risk-reduction effect and the information-asymmetry-aggravation effect of the improved forecasting accuracy. We show that under the optimal wholesale price contract, both the manufacturer and the ...
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作者:Fu, Qi; Zhou, Sean X.; Chao, Xiuli; Lee, Chung-Yee
作者单位:Chinese University of Hong Kong; University of Michigan System; University of Michigan; Hong Kong University of Science & Technology
摘要:In this paper, we study a single-product periodic-review inventory system that faces random and price-dependent demand. The firm can purchase the product either from option contracts or from the spot market. Different option contracts are offered by a set of suppliers with a two-part fee structure: a unit reservation cost and a unit exercising cost. The spot market price is random and its realization may affect the subsequent option contract prices. The firm decides the reservation quantity fr...
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作者:Cakanyildirim, Metin; Feng, Qi; Gan, Xianghua; Sethi, Suresh P.
作者单位:University of Texas System; University of Texas Dallas; University of Texas System; University of Texas Austin; Hong Kong Polytechnic University
摘要:We analyze a supply chain consisting of a supplier and a retailer. The supplier's unit production cost, which characterizes his type, is only privately known to him. When trading with the retailer, the supplier demands a reservation profit that depends on his unit production cost. We model this problem as a game of adverse selection. In this model, the retailer offers a menu of contracts, each of which consists of two parameters: the ordering quantity and the supplier's share of the channel pr...
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作者:Dai, Yue; Zhou, Sean X.; Xu, Yifan
作者单位:Fudan University; Chinese University of Hong Kong
摘要:Product quality and product warranty coverage are two important and closely related operational decisions. A longer warranty protection period can boost sales, but it may also result in dramatically increased warranty cost, if product quality is poor. To investigate how these two decisions interact with each other and influence supply chain performance, we develop a single-period model with a supplier that provides a product to an original equipment manufacturer, which in turn sells it to cust...