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作者:Bakshi, Nitin; Kleindorfer, Paul
作者单位:University of London; London Business School; INSEAD Business School
摘要:This paper considers the problem of disruption risk management in global supply chains. We consider a supply chain with two participants, who face interdependent losses resulting from supply chain disruptions such as terrorist strikes and natural hazards. The Harsanyi-Selten-Nash bargaining framework is used to model the supply chain participants' choice of risk mitigation investments. The bargaining approach allows a framing of both joint financing of mitigation activities before the fact and...
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作者:Castillo, Ignacio; Ingolfsson, Armann; Sim, Thaddeus
作者单位:Wilfrid Laurier University; University of Alberta; Le Moyne College
摘要:We consider two capacity choice scenarios for the optimal location of facilities with fixed servers, stochastic demand, and congestion. Motivating applications include virtual call centers, consisting of geographically dispersed centers, walk-in health clinics, motor vehicle inspection stations, automobile emissions testing stations, and internal service systems. The choice of locations for such facilities influences both the travel cost and waiting times of users. In contrast to most previous...
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作者:Thomas, Douglas J.; Warsing, Donald P.; Zhang, Xueyi
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; North Carolina State University
摘要:We study a supply chain where an original equipment manufacturer (OEM) buys subassemblies, comprised of two complementary sets of components, from a contract manufacturer (CM). The OEM provides a demand forecast at the time when the CM must order the long lead-time set of components, but must decide whether or not to provide updated forecasts as a matter of practice. Forecast updates affect the CM's short lead-time purchase decision, and the anticipation of updates may also affect the long lea...
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作者:Holt, Charles C.
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作者:Sommer, Svenja C.; Loch, Christoph H.
作者单位:Hautes Etudes Commerciales (HEC) Paris; INSEAD Business School
摘要:Designing incentive contracts that constructively guide employee efforts is a particularly difficult challenge in novel innovation initiatives, where unforeseen events may occur. Empirical studies have observed a variety of incentive structures in innovation settings: time and material contracts (compensation for executing orders), downside protection (target-driven incentives with protection from unexpected risks), and upside rewards (additional remuneration for pursuing opportunities). This ...
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作者:Bensoussan, Alain; Cakanyildirim, Metin; Feng, Qi; Sethi, Suresh P.
作者单位:University of Texas System; University of Texas Dallas; University of Texas System; University of Texas Austin
摘要:Information delays exist in an inventory system when it takes time to collect, process, validate, and transmit inventory/demand data. A general framework is developed in this paper to describe information flows in an inventory system with information delays. We characterize the sufficient statistics for making optimal decisions. When the ordering cost is linear, the optimality of a state-dependent base-stock policy is established even when information flows are allowed to cross over time. Addi...
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作者:Lacourbe, Paul; Loch, Christoph H.; Kavadias, Stylianos
作者单位:ESSEC Business School; INSEAD Business School; University System of Georgia; Georgia Institute of Technology
摘要:This paper examines the optimal product portfolio positioning for a monopolist firm in a market where consumers exhibit vertical differentiation for product performance and horizontal differentiation for product feature. Our key results are as follows: (i) Variable costs drive vertical differentiation. In the presence of significant volume-dependent manufacturing costs, the optimal portfolio contains a mix of vertically and horizontally differentiated products and an increase in the variable c...
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作者:Qi, Lian; Shen, Zuo-Jun Max; Snyder, Lawrence V.
作者单位:Rutgers University System; Rutgers University Newark; Rutgers University New Brunswick; University of California System; University of California Berkeley; Lehigh University
摘要:We consider a continuous-review inventory problem for a retailer who faces random disruptions both internally and externally (from its supplier). We formulate the expected inventory cost at this retailer and analyze the properties of the cost function. In particular, we show that the cost function is quasi-convex and therefore can be efficiently optimized to numerically find the optimal order size from the retailer to the supplier. Computational experiments provide additional insight into the ...
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作者:Pagell, Mark; Gobeli, David
作者单位:York University - Canada; Oregon State University
摘要:Managers are increasingly faced with pressure to think not just about profits, but also about their organization's environmental and social performance. This research provides a first examination of operational managers' experiences with and attitudes about employee well-being and environmental issues, how these factors impact employee well-being and environmental performance, and how the three performance measures interrelate. We use violations of Occupational Safety and Health Administration...
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作者:Kulkarni, Vidyadhar G.; Kumar, Subodha; Mookerjee, Vijay S.; Sethi, Suresh P.
作者单位:University of North Carolina; University of North Carolina Chapel Hill; University of Washington; University of Washington Seattle; University of Texas System; University of Texas Dallas
摘要:We develop variations of the M|G|1 queue to model the process of software maintenance within organizations and use these models to compute the optimal allocation of resources to software maintenance. User requests are assumed to arrive following a Poisson process and a binomial distribution is used to model duplication of requests. We obtain expressions for expected queue lengths with an exponential server using an N-policy for an integer N >= 1. We also obtain the optimal batching size and me...