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作者:Alan, Yasin; Kurtulus, Mumin; Nakkas, Alper
作者单位:Vanderbilt University; University of Texas System; University of Texas Arlington
摘要:Problem definition: Slotting fees are lump -sum payments retailers demand from manufacturers to include manufacturers' products in their assortments. Although retailers regard slotting fees as part of doing business, some manufacturers claim that slotting fees limit their ability to compete on a level playing field with other manufacturers. Considering these conflicting views, we study the role of manufacturer competition in the emergence of slotting fees and how slotting fees affect retailers...
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作者:Cai, Xiaoqiang; Long, Daniel Zhuoyu; Yu, Gen; Zhang, Lianmin
作者单位:The Chinese University of Hong Kong, Shenzhen; Shenzhen Research Institute of Big Data; Chinese University of Hong Kong; University of Zurich; The Chinese University of Hong Kong, Shenzhen
摘要:Problem definition: We consider a multiportfolio optimization problem in which nonlinear market impact costs result in a strong dependency of one account's performance on the trading activities of the other accounts. Methodology/results: We develop a novel target -oriented model that jointly optimizes the rebalancing trades and the split of market impact costs. The key advantages of our proposed model include the consideration of clients' targets on investment returns and the incorporation of ...
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作者:Chen, Manlu; Baron, Opher; Mandelbaum, Avishai; Wang, Jianfu; Yom-Tov, Galit B.; Arber, Nadir
作者单位:Renmin University of China; University of Toronto; Technion Israel Institute of Technology; City University of Hong Kong; Tel Aviv University; Sackler Faculty of Medicine
摘要:Problem definition: We study open -shop service networks where customers go through multiple services. We were motivated by a partnering health screening clinic, where customers are routed by a dispatcher and operational performance is measured at two levels: micro -level, via waits for individual services, and macro -level, via overall wait. Both measures reflect customer experience and could support its management. Our analysis revealed that waits were long and increased along the service pr...
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作者:Chand, Suresh; Dada, Maqbool; Deshpande, Vinayak; Graves, Stephen; Nuggehalli, Ranganath; Petruzzi, Nicholas
作者单位:Purdue University System; Purdue University; Johns Hopkins University; University of North Carolina; University of North Carolina Chapel Hill; Massachusetts Institute of Technology (MIT); United Parcel Service; University of Wisconsin System; University of Wisconsin Madison
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作者:Bhardwaj, Akhil; Akkermans, Henk
作者单位:University of Bath; Tilburg University
摘要:Problem definition: Reducing the likelihood of man-made disasters that cause harm to life, property, and the environment is a key societal goal. To that end, regulatory agencies are responsible for ensuring man-made disasters do not occur. In practice, to accomplish this task, regulators have to rely on and cooperate with operators. However, how much cooperation is optimal? In this study, we explore the prudent level of cooperation between operators and regulators to avoid man-made disasters a...
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作者:Gao, Zuguang; Alshehri, Khaled; Birge, John R.
作者单位:University of California System; University of California Irvine; King Fahd University of Petroleum & Minerals; King Fahd University of Petroleum & Minerals; University of Chicago
摘要:Problem definition: The rapid expansion of distributed energy resources (DERs) is one of the most significant changes to electricity systems around the world. Examples of DERs include solar panels, electric storage, thermal storage, and combined heat and power plants. Because of the small supply capacities of these DERs, it is impractical for them to participate directly in the wholesale electricity market. We study in this paper the question of how to integrate these DER supplies into the ele...
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作者:Chan, Jacky; Gorgulu, Berk; Sarhangian, Vahid
作者单位:University of Toronto; McMaster University
摘要:Problem definition: Medical operations require a large volume and variety of consumable supplies that are kept in hospital inventory and replenished on a regular basis. Stringent requirements on the availability of these supplies, together with high variability in their daily usage, contribute to the high inventory costs of the surgical departments in hospitals. We investigate the value of utilizing Advance Booking Information (ABI) on elective surgeries-which are often booked up to months in ...
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作者:Celik, Umit; Rath, Sandeep; Kesavan, Saravanan; Staats, Bradley R.
作者单位:University of North Carolina; University of North Carolina Chapel Hill; University of North Carolina School of Medicine
摘要:Problem definition: Physicians spend more than five hours a day working on Electronic Health Record (EHR) systems and more than an hour doing EHR tasks after the end of the workday. Numerous studies have identified the detrimental effects of excessive EHR use and after-hours work, including physician burnout, physician attrition, and appointment delays. However, EHR time is not purely an exogenous factor because it depends on physician usage behavior that could have important operational conse...
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作者:Drent, Collin; Drent, Melvin; Arts, Joachim
作者单位:Eindhoven University of Technology; University of Luxembourg
摘要:Problem definition: Production systems deteriorate stochastically due to use and may eventually break down, resulting in high maintenance costs at scheduled maintenance moments. This deterioration behavior is affected by the system's production rate. Although producing at a higher rate generates more revenue, the system may also deteriorate faster. Production should thus be controlled dynamically to tradeoff deterioration and revenue accumulation in between maintenance moments. We study system...
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作者:Shi, Lingling; Hu, Bin
作者单位:McMaster University; University of Texas System; University of Texas Dallas
摘要:Problem definition: The electric vehicle (EV) manufacturer NIO adopts a swappable-battery design and a battery -leasing business model known as battery as a service (BaaS). It recently introduced flexible battery leasing, which allows customers to temporarily up -/downgrade their primary leased batteries based on the needs for range. We investigate whether this business model innovation is viable, namely whether introducing flexible battery leasing in BaaS could benefit the manufacturer, the c...