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作者:Li, Hongmin; Graves, Stephen C.; Huh, Woonghee Tim
作者单位:Arizona State University; Arizona State University-Tempe; Massachusetts Institute of Technology (MIT); University of British Columbia
摘要:We consider the capacity planning problem during a product transition in which demand for a new-generation product gradually replaces that for the old product. Capacity for the new product can be acquired both by purchasing new production lines and by converting existing production lines for the old product. Furthermore, in either case, the new product capacity is retrofitted to be flexible, i.e., to be able to also produce the old product. This capacity planning problem arises regularly at In...
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作者:Gurnani, Haresh; Ramachandran, Karthik; Ray, Saibal; Xia, Yusen
作者单位:University of Miami; University System of Georgia; Georgia Institute of Technology; McGill University; University System of Georgia; Georgia State University
摘要:As supply chains become increasingly complex and global in their scale, supplier selection and management in the face of disruption risk has become one of the most challenging tasks for modern managers. Several novel model-based approaches to managing such risks have been developed in the academic literature, but how behavioral tendencies may affect procurement decisions under such conditions has received relatively less attention. In this paper, we present results from a study where paid subj...
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作者:Alp, Osman; Huh, Woonghee Tim; Tan, Tarkan
作者单位:Ted University; University of British Columbia; Eindhoven University of Technology
摘要:We consider an infinite-horizon, periodic-review, single-item production/inventory system with random demand and backordering, where multiple setups are allowed in any period and a separate fixed cost is associated for each setup. Contrary to the majority of the literature on this topic, we do not restrict the order quantities to be integer multiples of the exogenously given batch size and instead allow the possibility of partial batches, in which case the fixed cost for ordering the batch is ...
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作者:Kostami, Vasiliki; Rajagopalan, Sampath
作者单位:University of London; London Business School; University of Southern California
摘要:An important trade-off organizations face in many environments is one between quality and speed. Working faster may result in greater output and less delay, but may result in lower quality and dissatisfied customers. In this work, we consider dynamic models in a monopoly setting to explore the optimal balance among the multiple dimensions of speed, price, and wait time. The impact of quality is captured via the market demand potential, which is a function of the speed (quality) in the previous...
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作者:Yang, Liu; de Vericourt, Francis; Sun, Peng
作者单位:Tsinghua University; INSEAD Business School; Duke University
摘要:We consider a duopoly where firms compete on waiting times in the presence of an industry benchmark. The demand captured by a firm depends on the gap between the firm's offer and the benchmark. We refer to the benchmark effect as the impact of this gap on demand. The formation of the benchmark is endogenous and depends on both firms' choices. When the benchmark is equal to the shorter of the two offered delays, we characterize the unique Pareto optimal Nash equilibrium. Our analysis reveals a ...
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作者:Zhang, Wei; Zhou, Deke; Liu, Liwen
作者单位:University of California System; University of California Los Angeles; Tsinghua University
摘要:We analyze and compare five contract schemes used in a supply chain: fixed price (FP), cost reimbursement (CR), procurement control (PC), index-linked payment (IL), and relational (RL) contracts. From interviews, we learned that (1) FP and RL are the two most popular schemes; (2) PC is less popular, but it is used more often than CR and IL; and (3) a couple of firms are considering CR and IL and will probably use them in the future. By presenting a two-stage contracting model that incorporates...
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作者:Feng, Qi; Luo, Sirong; Zhang, Dan
作者单位:Purdue University System; Purdue University; Shanghai University of Finance & Economics; University of Colorado System; University of Colorado Boulder
摘要:Inventory-based dynamic pricing has become a common operations strategy in practice and has received considerable attention from the research community. From an implementation perspective, it is desirable to design a simple policy like a base-stock list-price (BSLP) policy. The existing research on this problem often imposes restrictive conditions to ensure the optimality of a BSLP policy, which limits its applicability in practice. In this paper, we analyze the dynamic inventory and pricing c...
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作者:Glorie, Kristiaan M.; van de Klundert, J. Joris; Wagelmans, Albert P. M.
作者单位:Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam; Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC
摘要:Barter exchange markets are markets in which agents seek to directly trade their goods with each other. Exchanges occur in cycles or in chains in which each agent gives a good to the next agent. Kidney exchange is an important type of barter exchange market that allows incompatible patient-donor pairs to exchange kidneys so the involved patients can receive a transplant. The clearing problem is to find an allocation of donors to patients that is optimal with respect to multiple criteria. To ac...
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作者:Oh, Sechan; Sourirajan, Karthik; Ettl, Markus
作者单位:International Business Machines (IBM); IBM USA; International Business Machines (IBM); IBM USA
摘要:This paper studies coordinated pricing and production decisions in an assemble-to-order system. We first show that unlike in make-to-stock systems, a state-dependent base-stock list-price policy is optimal. The optimal state-dependent base-stock levels and list prices may increase or decrease as demand backlogs increase, whereas demand backlogs always improve the optimal expected profit. Because the problem easily becomes intractable under general system settings, we next develop a simple heur...
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作者:Chan, Wyean; Koole, Ger; L'Ecuyer, Pierre
作者单位:Universite de Montreal; Vrije Universiteit Amsterdam
摘要:We study call routing policies for call centers with multiple call types and multiple agent groups. We introduce new weight-based routing policies where each pair (call type, agent group) is given a matching priority defined as an affine combination of the longest waiting time for that call type and the longest idle time or the number of idle agents in that agent group. The coefficients in this combination are parameters to be optimized. This type of policy is more flexible than traditional on...