-
作者：Hsu, Vernon N.; Zhu, Kaijie
作者单位：Chinese University of Hong Kong
摘要：In this paper, we study the impacts of a set of China's export-oriented tax and tariff rules on the optimal supply chain design and operations for a firm that produces its product in China and sells it in markets both inside and outside China. We develop an analytical framework to evaluate four major supply chain structures that we observed in practice. We derive the optimal supply chain decisions for each structure and investigate various business environments under which one of the structure...
-
作者：Lan, Yingjie; Ball, Michael O.; Karaesmen, Itir Z.
作者单位：Peking University; University System of Maryland; University of Maryland College Park; American University
摘要：Focusing on a seller's regret in not acting optimally, we develop a model of overbooking and fare-class allocation in the multifare, single-resource problem in revenue management. We derive optimal static overbooking levels and booking limits, in closed form, that minimize the maximum relative regret (i.e., maximize competitive ratio). We prove that the optimal booking limits are nested. Our work addresses a number of important issues. (i) We use partial information, which is critical because ...
-
作者：Lai, Guoming; Debo, Laurens G.; Sycara, Katia
作者单位：Carnegie Mellon University; University of Chicago; Carnegie Mellon University
摘要：With a posterior price matching (PM) policy, a seller guarantees to reimburse the price difference to a consumer who buys a product before the seller marks it down. Such a policy has been widely adopted by retailers. We examine the impact of a posterior PM policy on consumers' purchasing behavior, a seller's pricing and inventory decisions, and their expected payoffs, assuming that the seller cannot credibly commit to a price path, but can implement a posterior PM policy. We find that the PM p...
-
作者：Perakis, Georgia; Roels, Guillaume
作者单位：Massachusetts Institute of Technology (MIT); University of California System; University of California Los Angeles
摘要：Revenue management models traditionally assume that future demand is unknown but can be described by a stochastic process or a probability distribution. Demand is, however, often difficult to characterize, especially in new or nonstationary markets. In this paper, we develop robust formulations for the capacity allocation problem in revenue management using the maximin and the minimax regret criteria under general polyhedral uncertainty sets. Our approach encompasses the following open-loop co...
-
作者：Chen, Zhi-Long; Hall, Nicholas G.
作者单位：University System of Maryland; University of Maryland College Park; University System of Ohio; Ohio State University
摘要：This paper considers the coordination of pricing and scheduling decisions in a make-to-order environment. Following common industry practice, we assume knowledge of a deterministic demand function that is nonincreasing in price. We consider three alternative measures of scheduling cost: total work-in-process inventory cost of orders, total penalty for orders delivered late to customers, and total capacity usage. The objective is to maximize the total net profit, i.e., revenue less scheduling c...
-
作者：Jiang, Li; Wang, Yunzeng
作者单位：Hong Kong Polytechnic University; University of California System; University of California Riverside
摘要：In a decentralized assembly supply chain, independent suppliers produce a set of complementary components from which an assembler assembles a final product and sells it to the market. In such a channel, several competitive forces interact with one another to affect the price and quantity decisions of the firms involved. These include: (1) the direct competition each supplier faces for producing the same component, (2) the indirect competition among the suppliers producing the set of complement...
-
作者：Jiang, Li; Anupindi, Ravi
作者单位：Hong Kong Polytechnic University; University of Michigan System; University of Michigan
摘要：A common phenomenon that occurs in any decentralized multilocation system is stock imbalance, whereby some locations have unsatisfied demands while others are overstocked. The system can be rebalanced by using a search process that is driven by either the customers or the retailers. In a customer-driven search (CDS), the customer with unmet demand may search for the product at another location and, if it is available, complete the purchase. In a retailer-driven search (RDS), the retailer with ...
-
作者：Porteus, Evan L.; Shin, Hyoduk; Tunca, Tunay I.
作者单位：Stanford University
摘要：Two single-product firms with different quality levels and fixed limited capacities engage in sequential price competition in an essentially deterministic model where customers have heterogeneous valuations for both products. We develop conditions under which the leader (she) can take strategic advantage of her limited capacity by pricing relatively low, purposefully creating shortages and leaving some leftovers for the follower (him) to feast on, avoiding direct competition. The extent to whi...
-
作者：Alptekinoglu, Aydin; Corbett, Charles J.
作者单位：Southern Methodist University; University of California System; University of California Los Angeles
摘要：The literature on mass customization generally focuses on the tradeoff between higher revenues from better matching customer preferences with product specifications, and higher costs of offering a broader-possibly fully customized-product line. Less well understood is the tradeoff between the increased ability to precisely meet customer preferences and the increased leadtime from order placement to delivery often associated with customized products. In this paper, we use a locational customer ...
-
作者：Gallien, Jeremie; Weber, Theophane
作者单位：Massachusetts Institute of Technology (MIT)
摘要：Batch (wave) release policies are prevalent in warehouses with an automated sorter, and take different forms depending on how batches released consecutively may overlap downstream in the sorter. Continuous (waveless) release constitutes an emerging alternative recently adopted by several firms. Although that new policy presents several advantages relative to waves, it requires more expensive technology and involves the possibility of congestion-induced collapse (gridlock) at the sorter. Using ...
