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作者:Zhou, Qin; Wang, Jingqi; Jiao, Yifan; Du, Jinzhao
作者单位:East China Normal University; East China Normal University; The Chinese University of Hong Kong, Shenzhen; University of Macau; University of Hong Kong
摘要:Problem definition: Ride-hailing platforms face a supply-demand imbalance. During peak periods, the demand from passengers far exceeds the supply of drivers, whereas during off-peak periods, there is an abundance of supply but weak demand. The wellstudied surge pricing can be challenging to implement in markets where prices are subject to regulation and are inflexible to adjust. We study an alternative operational approach that shifts the supply of drivers from off-peak to peak periods to addr...
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作者:Lee, Yoon; Mintz, Yonatan; Aswani, Anil; Shen, Zuo-Jun Max; Yang, Cong
作者单位:University of California System; University of California Berkeley; University of Wisconsin System; University of Wisconsin Madison; University of Hong Kong; University of Hong Kong; University of British Columbia
摘要:Problem definition: Inventory management problems with periodic and controllable resets occur in the context of managing water storage in the developing world and dynamically optimizing endcap promotion duration in retail outlets. In this paper, we consider a set of sequential decision problems in which the decision maker must not only balance holding and shortage costs but discard all inventory before a fixed number of decision epochs with the option for an early inventory reset. Methodology/...
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作者:Bai, Miao; Liu, Nan; Zhang, Zheng
作者单位:University of Connecticut; Boston College; Zhejiang University
摘要:Problem definition: Inpatients are often treated as the captive audience for hospital diagnostic services, and they are notified only when service capacity is available. This arrangement causes significant chaos and inefficiencies in hospital operations. Methodology/results: We propose an innovative scheduling approach called advance notice to manage hospital diagnostic practices. Advance notice is a brand-new scheduling paradigm in between classic allocation scheduling and advance scheduling....
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作者:Chehrazi, Naveed
作者单位:Washington University (WUSTL)
摘要:Problem definition: We present a continuous-time Bayesian model for managing inventory in a retail setting when inventory records are inaccurate. In our formulation, the inventory level and its record have separate dynamics. The former is driven by the demand and unobservable loss process, whereas the latter is driven by the demand and transaction error process. Methodology/results: We analytically characterize the dynamics of the retailer's belief on the shelf inventory level and prove that t...
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作者:Chen, Zhi; Keppo, Jussi
作者单位:National University of Singapore; National University of Singapore
摘要:Problem definition: Many innovations today are data driven. To improve algorithms of these products, firms make substantial investments in data collection. However, the data are limited for an individual firm, which caps the benefits of the algorithms. Data sharing among the firms can help alleviate this problem, but firms may be reluctant to share their proprietary data, because doing so may result in a loss of competitive advantage. Motivated by this tension, we ask the following two questio...
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作者:Fuegener, Andreas; Schiffels, Sebastian; Thonemann, Ulrich W.
作者单位:University of Cologne; University of Augsburg
摘要:Problem definition: A company's project portfolio is an important success factor. Employing strategic buckets to segment the overall budget into budgets for different project types is a commonly used approach for managing project selection. Strategic buckets typically refer to sets of projects of a certain type, such as safe and risky projects. A strategic bucket specification defines the number of buckets and thresholds between them. This paper addresses the question of how different strategi...
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作者:Ma, Ruize; Mai, Yunke; Hu, Bin
作者单位:Dalian University of Technology; University of Kentucky; University of Texas System; University of Texas Dallas
摘要:Problem definition: In the user-generated content (UGC) business model, the platform provides income for the creators, the creators provide content for the viewers, and the viewers provide advertising revenue for the platform, forming a relationship triangle. We set out to study a UGC platform's optimal dynamic operational policies in its different stages and the impact of various constraints and innovations. Methodology/results: We adopt a hybrid of the Bass diffusion model and the replicator...
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作者:Yuan, Zhe; Wang, Yitong; Sun, Tianshu; Xu, Huilan
作者单位:Zhejiang University; Zhejiang University; Zhejiang University; Zhejiang University; American University
摘要:Problem definition: Digital platforms provide sellers with the opportunity to leverage data analytics products, granting them convenient access to statistical analyses of their business data. To promote the adoption of data analytics products and facilitate the growth of small and medium enterprises (SMEs), a world-leading E-commerce platform initiated a Democratizing Data Analytics (DDA) campaign in May 2021, which gives free data analytics products access to all sellers on the platform. Leve...
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作者:Kouvelis, Panos; Tan, Xiao; Tang, Sammi Y.
作者单位:Washington University (WUSTL); East China University of Science & Technology; University of Miami
摘要:Problem definition: Companies operating global supply chains face growing policy uncertainties that affect the costs of importing raw materials (RM) and finished goods (FG) from low-cost to developed countries, as well as the relative profitability of production in different countries. This has prompted the need for diversified global supply chains often involving the addition of onshore production alongside existing offshore facilities. Motivated by recent developments in the U.S. clean energ...
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作者:Luo, Xueming; Wang, Le; Wu, Qingsheng; Moriguchi, Takeshi
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; City University of Hong Kong; Shanghai Jiao Tong University; Waseda University
摘要:Problem definition: Online retailers face the challenge of converting website traffic into actual purchases and profits. Specifically, the study examines how effective different forms of retargeting strategies are for engaging consumers who visit online stores but leave without making a purchase. Methodology/results: A field experiment was conducted to evaluate the impact of retargeting strategies offering free shipping (FSR) and free returns (FRR) on customer purchasing behavior and profitabi...