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作者:Gray, John V.; Tomlin, Brian; Roth, Aleda V.
作者单位:University System of Ohio; Ohio State University; University of North Carolina; University of North Carolina Chapel Hill; Clemson University
摘要:The contract manufacturing industry has grown rapidly in recent years as firms have increasingly outsourced production to reduce costs. This growth has created powerful contract manufacturers (CMs) in several industries. Achieving a competitive cost position is often a primary motive for outsourcing. Outsourcing influences both the original equipment manufacturer's (OEM) and the CM's production levels, and, therefore, through learning-by-doing renders future costs dependent on past outsourcing...
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作者:He, Xiuli; Prasad, Ashutosh; Sethi, Suresh P.
作者单位:University of North Carolina; University of North Carolina Charlotte; University of Texas System; University of Texas Dallas
摘要:Cooperative (co-op) advertising is an important instrument for aligning manufacturer and retailer decisions in supply chains. In this, the manufacturer announces a co-op advertising policy, i.e., a participation rate that specifies the percentage of the retailer's advertising expenditure that it will provide. In addition, it also announces the wholesale price. In response, the retailer chooses its optimal advertising and pricing policies. We model this supply chain problem as a stochastic Stac...
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作者:Chen, Zhi-Long; Pundoor, Guruprasad
作者单位:University System of Maryland; University of Maryland College Park
摘要:We consider an integrated production-distribution scheduling model in a make-to-order supply chain consisting of one supplier and one customer. The supplier receives a set of orders from the customer at the beginning of a planning horizon. The supplier needs to process all the orders at a single production line, pack the completed orders to form delivery batches, and deliver the batches to the customer. Each order has a weight, and the total weight of the orders packed in a batch must not exce...
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作者:Elmaghraby, Wedad; Lippman, Steven A.; Tang, Christopher S.; Yin, Rui
作者单位:University System of Maryland; University of Maryland College Park; University of California System; University of California Los Angeles; Arizona State University; Arizona State University-Tempe
摘要:This paper considers the sale of a seasonal product in the face of strategic customers. At the beginning of the selling season, the retailer announces both the price p(h) at which the product will be sold during the selling season and the post-season clearance price p(l) < p(h) for unsold items. We analyze two operating regimes: The no reservation regime'' allows a buyer either to purchase the product at price ph when he arrives or to enter a lottery to purchase at price p(l) if the product re...
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作者:Petruzzi, Nicholas C.; Wee, Kwan E.; Dada, Maqbool
作者单位:University of Illinois System; University of Illinois Urbana-Champaign; Singapore Management University; Johns Hopkins University
摘要:We study the newsvendor problem when consumers are heterogeneous either in their valuations of the newsvendor's product, in their valuations of an outside option available to them, or in both valuations. In this context, we observe that the outside option, which represents the value that a given consumer associates with choosing not to purchase the newsvendor's product, may be interpreted as a search cost. Taking into consideration whether consumers' valuations differ on either one dimension o...
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作者:Aydin, Goeker; Hausman, Warren H.
作者单位:University of Michigan System; University of Michigan; Stanford University
摘要:Large numbers of new products introduced annually by manufacturers may strain the relationship between retailers and manufacturers regarding assortments carried by retailers. For example, many retailers in the grocery industry will agree to broaden their assortments only if the manufacturer agrees to pay slotting fees for the new products. We investigate the role played by slotting fees in coordinating the assortment decisions in a supply chain. To do so, we study a single-retailer, single-man...
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作者:Blackburn, Joseph; Scudder, Gary
作者单位:Vanderbilt University
摘要:This paper examines supply chain design strategies for a specific type of perishable product-fresh produce-using melons and sweet corn as examples. Melons and other types of produce reach their peak value at the time of harvest; product value deteriorates exponentially post-harvest until the product is cooled to dampen the deterioration. Using the product's marginal value of time (MVT), the rate at which the product loses value over time in the supply chain, we show that the appropriate model ...
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作者:Hall, Joseph M.; Kopalle, Praveen K.; Pyke, David F.
作者单位:Dartmouth College; University of San Diego
摘要:We consider a make-to-order manufacturer that serves two customer classes: core customers who pay a fixed negotiated price, and fill-in'' customers who make submittal decisions based on the current price set by the firm. Using a Markovian queueing model, we determine how much the firm can gain by explicitly accounting for the status of its production facility in making pricing decisions. Specifically, we examine three pricing policies: (1) static, state-independent pricing, (2) constant pricin...
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作者:Mishra, Birendra K.; Raghunathan, Srinivasan; Yue, Xiaohang
作者单位:University of California System; University of California Riverside; University of Texas System; University of Texas Dallas; University of Wisconsin System; University of Wisconsin Milwaukee
摘要:This paper examines the incentives of a manufacturer and a retailer to share their demand forecasts. The demand at the retailer is a linearly decreasing function of price. The manufacturer sets the wholesale price first, and the retailer sets the retail price after observing the wholesale price. Both players set their prices based on their forecasts of demand. In the make-to-order scenario, the manufacturer sets the production quantity after observing the actual demand; in the make-to-stock sc...
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作者:Fu, Michael C.; Lele, Shreevardhan; Vossen, Thomas W. M.
作者单位:University System of Maryland; University of Maryland College Park; University of Colorado System; University of Colorado Boulder
摘要:The economic approach to determining the optimal control limits of control charts requires estimating the gradient of the expected cost function. Simulation is a very general methodology for estimating the expected costs, but for estimating the gradient, straightforward finite difference estimators can be inefficient. We demonstrate an alternative approach based on smoothed perturbation analysis (SPA), also known as conditional Monte Carlo. Numerical results and consequent design insights are ...