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作者:Vorotyntseva, Yulia; Honhonb, Dorothee
作者单位:University of St Thomas Minnesota; University of Texas System; University of Texas Dallas
摘要:Problem definition: We investigate the performance of human decision makers selecting which products to offer in a retail category, also known as assortment planning. In theory, this task requires the understanding of product interaction effects, such as cannibalization and inventory pooling benefits, and it involves solving a complex mathematical problem with stochastic and combinatorial components. Despite its practical importance, assortment planning is often performed by managers without a...
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作者:Belbasi, Reza; Selvi, Aras; Wiesemann, Wolfram
作者单位:Imperial College London; University of London; University College London
摘要:Problem definition: A key challenge in supervised learning is data scarcity, which can cause prediction models to overfit to the training data and perform poorly out of sample. A contemporary approach to combat overfitting is offered by distributionally robust problem formulations that consider all data-generating distributions close to the empirical distribution derived from historical samples, where closeness is determined by the Wasserstein distance. Although such formulations show signific...
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作者:Armony, Mor; Yom-Tov, Galit Bracha
作者单位:New York University; Technion Israel Institute of Technology
摘要:Problem definition: Determining the optimal length of stay (LOS) and posttreatment location is critical for hematology-oncology (blood cancer) patients, who are highly vulnerable to life-threatening infections. Early discharge to home care reduces infection risk, whereas extended hospital observation minimizes mortality risks if an infection occurs. We address this trade-off by developing LOS optimization models tailored to these patients. Methodology/results: We develop a newsvendor-type mode...
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作者:Xu, Ailing; Chen, Zhenxiao; He, Qiao-Chu; Chen, Ying-Ju
作者单位:Huazhong University of Science & Technology; Hong Kong Polytechnic University; Southern University of Science & Technology; Hong Kong University of Science & Technology
摘要:Problem definition: This paper investigates how governments can design optimal public health policies to inform and guide the public amid uncertain health threats. To capture heterogeneity in social behavior, we introduce a class of socializing agents and examine how the government strategically combines two policy instruments-persuasive communication (messages) and physical or monetary penalties-to incentivize compliance with social restrictions. Methodology/results: We develop a game-theoret...
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作者:Oblander, Shin; Jerath, Kinshuk
作者单位:University of British Columbia; Columbia University
摘要:Problem definition: For e-commerce companies to assess how best to invest in improving delivery times, it is important to understand how improving delivery times affects customer demand. In collaboration with a business-to-business (B2B) e-commerce company, we study how the promised delivery time in a quote affects the customer's purchase probability. Methodology/results: We use observational and experimental data from our partner with quote-level variation in promised delivery times. This all...
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作者:Wu, Zhiqiao; Luo, Jian; Hao, Zhaowei; Qi, Wei
作者单位:Dongbei University of Finance & Economics; Hainan University; Dongbei University of Finance & Economics; Tsinghua University
摘要:Problem definition: E-commerce giants scale up their order-picking operations by adopting robotic fulfillment centers (RFCs). In RFCs, automated guided vehicles transport movable shelf racks to pickers' workstations, instead of having human pickers travel to pick items. Unfortunately, this apparent relief for pickers turns out to be a curse: Pickers become the bottleneck in the order-picking process. They undertake high-intensity, stationary, and repetitive tasks, which often cause both physic...
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作者:Zhang, Yue; Tomlin, Brian
作者单位:Duke University; Dartmouth College
摘要:Problem definition: Businesses with short-term production needs can rent equipment (e.g., 3D printer) from a manufacturer or distributor (hereafter, OEM) or use a manufacturing-services firm (e.g., print farm). Those who rent may vary in their expertise and therefore in their cost of attaining quality. Those who use a print farm benefit from the expertise of print-farm technicians. An OEM that offers rentals has an incentive to provide technical service to improve customer expertise so as to m...
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作者:Niu, Yimeng; Qiao, Xiao; Wu, Jing; Yang, Xingsheng
作者单位:Tilburg University; City University of Hong Kong; Chinese University of Hong Kong
摘要:Problem definition: This study examines self-attribution tendencies and their associated outcomes in operations management (OM) performance evaluation in which managers are not always objective when giving credit to outcomes. They may attribute strong performance to internal factors (internal credit), assigning poor performance to external factors (external blame). Methodology/results: Large language models (LLMs) based on LLaMA-3.1-8B-Instruct are fine-tuned to analyze earnings call question-...
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作者:Hwang, Woonam; Jonasson, Jonas Oddur; Peura, Heikki
作者单位:Korea Advanced Institute of Science & Technology (KAIST); Imperial College London; Aalto University
摘要:Problem definition: Following recent legislation, private insurers participating in Medicare Advantage (MA) are allowed to expand their set of supplementary services to include benefits that are not primarily health related. This policy is meant to lead to lower costs and better care, but questions have been raised about how this affects the incentives of private insurers. We investigate the implications of the policy for MA offerings, beneficiary enrollment, and social welfare. Methodology/re...
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作者:Song, Jing-Sheng; Xue, Zhengliang; Shen, Xiaobei
作者单位:Duke University; International Business Machines (IBM); IBM USA; Chinese Academy of Sciences; University of Science & Technology of China, CAS; Zhejiang University
摘要:Problem definition: We study optimal integrated inventory and pricing decisions for substitutable products over a finite planning horizon with full backlogging and nonstationary costs and demands. The objective is to maximize the total expected discounted profit. Methodology/results: We present a unified demand model that encompasses many commonly used models in the literature. We show that the dynamic optimization problem is jointly concave in inventory and market-share vectors. This enables ...