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作者:Bauerhenne, Carolin; Kolisch, Rainer; Schulz, Andreas S.
作者单位:Technical University of Munich; Technical University of Munich
摘要:Problem definition: Appointment scheduling problems under uncertainty encounter a fundamental trade-off between cost minimization and customer waiting times. Most existing studies address this trade-off using a weighted sum approach, which puts little emphasis on individual waiting times and, thus, customer satisfaction. In contrast, we study how to minimize total cost while providing waiting time guarantees to all customers. Methodology/results: Given box uncertainty sets for service times an...
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作者:Li, Buyun; Slaugh, Vincent W.
作者单位:Indiana University System; IU Kelley School of Business; Indiana University Bloomington; Cornell University
摘要:Problem definition: Many shared resources, such as hotel rooms or rental cars, require cleaning, charging, or some other operation to turn around the resources between successive customer uses. We study staffing and shift planning decisions for the turnaround service capacity in order to minimize the sum of customer waiting and staffing costs. Stochastic customer arrival and departure patterns, coupled with worker shifts with breaks, add to the managerial challenge. Methodology/results: Using ...
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作者:Akchen, Yi-Chun; Ic, Velibor V. Mis ic
作者单位:University of London; University College London; University of California System; University of California Los Angeles
摘要:Problem definition: We study the problem of finding the optimal assortment that maximizes expected revenue under the decision forest model, a recently proposed nonparametric choice model that is capable of representing any discrete choice model and in particular, can be used to represent nonrational customer behavior. This problem is of practical importance because it allows a firm to tailor its product offerings to profitably exploit deviations from rational customer behavior, but at the same...
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作者:Nageswaran, Leela; Jain, Aditya; Gurnani, Haresh
作者单位:University of Washington; University of Washington Seattle; City University of New York (CUNY) System; Baruch College (CUNY); State University of New York (SUNY) System; Stony Brook University
摘要:This article may be used only for the purposes of research, teaching, and/or private study. Commercial use or systematic downloading (by robots or other automatic processes) is prohibited without explicit Publisher approval, unless otherwise noted. For more information, contact permissions@informs.org. The Publisher does not warrant or guarantee the article's accuracy, completeness, merchantability, fitness inclusion of an advertisement in this article, neither constitutes nor implies a guaran...
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作者:Liu, Feng; Chen, Zhi; Wang, Ruodu; Wang, Shuming
作者单位:Chinese Academy of Sciences; University of Chinese Academy of Sciences, CAS; Chinese University of Hong Kong; University of Waterloo
摘要:Problem definition: We consider a newsvendor problem with unknown demand distribution, where we distinguish ambiguity under which the newsvendor does not differentiate demand distributions of common characteristics (e.g., mean and variance) and misspecification under which such characteristics might be misspecified (because of, e.g., estimation error and/or distribution shift). Methodology/results: The newsvendor hedges against ambiguity and misspecification by maximizing the worst-case expect...
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作者:Lai, Guoming; Xiao, Wenqiang; Zhao, Xinyi
作者单位:University of Texas System; University of Texas Austin; New York University
摘要:Problem definition: Interest rates on loans are often influenced by market prospects. Under asymmetric information, firms may attempt to signal strong prospects to lenders by over-borrowing. However, publicly revealing confidence in the market can also intensify competition. Motivated by these observations, we examine a firm's financing and information disclosure strategy. Methodology/results: We develop a game-theoretical model where a firm with private information about the market prospect c...
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作者:Peng, Zhenkang; Li, Chengzhang; Rong, Ying; Luo, Zichao; Ma, Guangrui; Zhao, Mingyong
作者单位:Zhejiang University; Shanghai Jiao Tong University
摘要:Problem definition: How should online retailers make demand predictions or operational decisions with limited relevant data? Motivated by conventional data aggregation approaches, we develop a flexible data aggregation (FlexDA) framework to adapt to different degrees of heterogeneity across products, thereby striking a better balance between the bias and variance of data-driven predictions and decisions. Methodology/ results: Under the FlexDA framework, we propose aggregating the individual da...
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作者:Luo, Jing; Valdes, Leon; Linardi, Sera
作者单位:University of Science & Technology Beijing; Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh; Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh
摘要:Problem definition: Rational analysis predicts that the cost of queuing depends on the remaining wait time, but research suggests that other parameters such as queue length, service speed, experienced length, and elapsed wait also matter. However, it is challenging to isolate the distinct contribution of these parameters on a monetarily translatable metric because of uncertainty, missing controls in analyses that may lead to omitted variable bias, and differences in outcome variables across ex...
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作者:Zeng, Helen Shuxuan; Huang, Yan; Burtch, Gordon; Smith, Michael D.
作者单位:University of California System; University of California Davis; Carnegie Mellon University; Boston University; Carnegie Mellon University
摘要:Problem definition: We examine moviegoers' choices between consuming content via legal theatrical channels and illegal piracy channels. We focus on how two important factors affect this choice: the picture quality of piracy sources (a function of studio security investments) and the costs associated with legal channels, including consumer transportation costs (a function of screening volumes) and ticket prices. Methodology/ results: We formulate a structural model and conduct counterfactual si...
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作者:Guan, Lei; Nip, Kameng; Wang, Ruxian; Zhang, Lianmin
作者单位:Beijing Institute of Technology; Shenzhen University; Johns Hopkins University; The Chinese University of Hong Kong, Shenzhen
摘要:Problem definition: This paper considers the operations management problems under a newly proposed choice model referred to as a focal multinomial logit (FMNL) model. It generalizes the famous multinomial logit (MNL) model and various well-studied consideration-set choice models and can effectively capture irrational choice behaviors such as the context effect, halo effect, and choice overload, as well as the effect of focality. Methodology/results: We focus on the threshold focal set and vari...