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作者:Geng, Qin; Mallik, Suman
作者单位:Pennsylvania State System of Higher Education (PASSHE); Kutztown University - Pennsylvania; University of Kansas
摘要:We study the joint decisions of offering mail-in rebates (MIRs) in a single-manufacturer-single-retailer supply chain using a game theoretic framework. Either party can offer an MIR to the end consumer if it is in his best interest. The consumer demand is stochastic and depends on the product price and the amount of MIRs. When the retail price is exogenous, we show the existence of a unique Nash equilibrium under both additive and multiplicative demand functions and characterize it completely....
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作者:Kim, Byung Cho; Chen, Pei-Yu; Mukhopadhyay, Tridas
作者单位:Virginia Polytechnic Institute & State University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; Carnegie Mellon University
摘要:An abundance of flawed software has been identified as the main cause of the poor security of computer networks because major viruses and worms exploit the vulnerabilities of such software. As an incentive mechanism for software security quality improvement, software liability has been intensely discussed among both academics and practitioners for a long time. An alternative approach to managing software security is patch release, which has been widely adopted in practice. In this paper, we ex...
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作者:Bretthauer, Kurt M.; Heese, H. Sebastian; Pun, Hubert; Coe, Edwin
作者单位:Indiana University System; Indiana University Bloomington; IU Kelley School of Business; Western University (University of Western Ontario); University Western Ontario Hospital; California Pacific Medical Center
摘要:We consider the problem of optimal capacity allocation in a hospital setting, where patients pass through a set of units, for example intensive care and acute care (AC), or AC and post-acute care. If the second stage is full, a patient whose service at the first stage is complete is blocked and cannot leave the first stage. We develop a new heuristic for tandem systems to efficiently evaluate the effects of such blocking on system performance and we demonstrate that this heuristic performs wel...
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作者:Li, Cuihong; Scheller-Wolf, Alan
作者单位:University of Connecticut; Carnegie Mellon University
摘要:Consider a buyer, facing uncertain demand, who sources from multiple suppliers via online procurement auctions (open descending price-only auctions). The suppliers have heterogeneous production costs, which are private information, and the winning supplier has to invest in production capacity before the demand uncertainty is resolved. The buyer chooses to offer a push or pull contract, for which the single price and winning supplier are determined via the auction. We show that, with a pull con...
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作者:Ji, Yonghua; Kumar, Subodha; Mookerjee, Vijay S.; Sethi, Suresh P.; Yeh, Denny
作者单位:University of Alberta; Texas A&M University System; Texas A&M University College Station; Mays Business School; University of Texas System; University of Texas Dallas; Fu Jen Catholic University
摘要:We develop an optimal control model to maximize the net value provided by a software system over its useful life. The model determines the initial number of features in the system, the level of dynamic enhancement effort, and the lifetime of the system. The various factors affecting these optimal choices are systems characteristics (e.g., complexity, age, quality), user learning, and process maturity. We also consider that there is a time lag between the addition of a feature and the realizati...
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作者:Kachani, Soulaymane; Shmatov, Kyrylo
作者单位:Columbia University; Columbia University
摘要:We address the problem of simultaneous pricing of a line of several products, both complementary products and substitutes, with a number of distinct price differentiation classes for each product (e.g., volume discounts, different distribution channels, and customer segments) in both monopolistic and oligopolistic settings. We provide a generic framework to tackle this problem, consider several families of demand models, and focus on a real-world case-study example. We propose an iterative rel...
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作者:Bendoly, Elliot
作者单位:Emory University
摘要:In models of optimal decision making, assumptions about managerial behavior are often made with the hope that the prescriptions offered by these models will be effective in practice, even if actual behavior occasionally strays from these assumptions. However, recent revenue management (RM) research has demonstrated what appear to be systematic deviations from normative models of decision making. These deviations can even be observed in relatively simple RM contexts. We suggest that technical e...
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作者:Gutierrez, Genaro J.; He, Xiuli
作者单位:University of Texas System; University of Texas Austin; University of North Carolina; University of North Carolina Charlotte
摘要:We analyze the dynamic strategic interactions between a manufacturer and a retailer in a decentralized distribution channel used to launch an innovative durable product (IDP). The underlying retail demand for the IDP is influenced by word-of-mouth from past adopters and follows a Bass-type diffusion process. The word-of-mouth influence creates a trade-off between immediate and future sales and profits, resulting in a multi-period dynamic supply chain coordination problem. Our analysis shows th...
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作者:Chen, Chien-Ming; Delmas, Magali
作者单位:University of California System; University of California Los Angeles; University of California System; University of California Los Angeles
摘要:Aggregation of corporate social performance (CSP) metrics poses a major challenge to researchers and practitioners. This study provides a critical evaluation of current aggregation approaches and proposes a new methodology based on data envelopment analysis (DEA) to compute a CSP index. DEA is independent of subjective weight specifications and provides an efficiency index to benchmark the CSP of firms. Using CSP data from 2190 firms in three major industries from the Kinder, Lydenberg, and Do...
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作者:Price, Carter; Golden, Bruce; Harrington, Michael; Konewko, Ramon; Wasil, Edward; Herring, William
作者单位:RAND Corporation; University System of Maryland; University of Maryland College Park; University System of Maryland; University of Maryland Baltimore; Johns Hopkins University; Johns Hopkins Medicine; American University; University System of Maryland; University of Maryland College Park
摘要:When operating room schedules in hospitals are produced, the constraints and preferences of surgeons and hospital workers are a primary consideration. The downstream impact on post-operative bed availability is often ignored. This can lead to the boarding of patients overnight in the post-anesthesia care unit (PACU) because intensive care unit beds are unavailable. In this paper, we apply integer programming and simulation to develop improved surgical scheduling assignments. We want to balance...