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作者:Chen, Zhi; Xie, Weijun
作者单位:City University of Hong Kong; Virginia Polytechnic Institute & State University
摘要:We study the fundamental stochastic newsvendor model that considers both demand and yield randomness. It is usually difficult in practice to describe precisely the joint demand and yield distribution, although partial statistical information and empirical data about this ambiguous distribution are often accessible. We combat the issue of distributional ambiguity by taking a data-driven distributionally robust optimization approach to hedge against all distributions that are sufficiently close ...
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作者:Shaheen, Iana; Azadegan, Arash; Roscoe, Samuel
作者单位:University of Arkansas System; University of Arkansas Fayetteville; Rutgers University System; Rutgers University Newark; Rutgers University New Brunswick; University of Sussex
摘要:Do humanitarian organizations exhibit similar risk-taking behavior? This study analyzed 60 interviews from 24 case studies on four types of organizations involved in disaster response: established, expanding, extending, and emergent. By elaborating on organizational attention theory, this study investigated how organizational tasks, structures, attention, and context combine to influence organizational risk-taking behavior by different organizational types during sudden-onset disasters. Counte...
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作者:Guda, Harish; Dawande, Milind; Janakiraman, Ganesh
作者单位:Arizona State University; Arizona State University-Tempe; University of Texas System; University of Texas Dallas
摘要:Organizations routinely introduce hitherto-unexplored interventions to improve their supply chains. Consider a principal (e.g., a firm) that implements a seemingly helpful intervention: For any fixed actions of the principal and the agents (e.g., consumers), the principal's payoff is higher in the presence of the intervention than in its absence. While one would expect such well-intentioned interventions to benefit the principal, several papers within the operations management (OM) literature ...
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作者:Chen, Li; Cui, Yao; Lee, Hau L.
作者单位:Cornell University; Stanford University
摘要:Given the promise of three-dimensional (3D) printing, also known as additive manufacturing, some innovative consumer goods companies have started to experiment with such a technology for on-demand production. In this study, we consider two adoption cases of 3D printing in a dual-channel (i.e., online and in-store) retail setting, and evaluate its impact on a firm's product offering, pricing, and inventory decisions. Our analysis uncovers the following effects of 3D printing. First, 3D printing...
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作者:Wang, Shixin; Wang, Xuan; Zhang, Jiawei
作者单位:New York University; Hong Kong University of Science & Technology
摘要:One effective means to hedge against uncertainty and better match supply with demand in a swiftly changing environment is to adopt a flexible operations strategy that allows timely response to realized demand. The notion of flexible processes and operations has led to significant impact on the performance of many manufacturing and service applications. However, investing a fully flexible system is usually prohibitively expensive with overwhelming implementation complexity and overhead. As a re...
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作者:Sudermann-Merx, Nathan; Rebennack, Steffen; Timpe, Christian
作者单位:BASF; Helmholtz Association; Karlsruhe Institute of Technology; BASF
摘要:We present a new crossing number problem, which we refer to as the edge-constrained weighted two-layer crossing number problem (ECW2CN). The ECW2CN arises in layout planning of hose coupling stations at BASF, where the challenge is to find a crossing minimal assignment of tube-connected units to given positions on two opposing layers. This allows the use of robots in an effort to reduce the probability of operational disruptions and to increase human safety. Physical limitations imply maximal ...
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作者:Xiao, Shengsheng; Ho, Yi-Chun (Chad); Che, Hai
作者单位:Shanghai University of Finance & Economics; George Washington University
摘要:In online crowdfunding markets, backers face high uncertainty about the quality of a campaign. To mitigate such uncertainty, crowdfunding platforms often allow campaign creators to post communicative messages-that is, campaign updates and creator comments-to dynamically disclose further information about the campaigns. In addition, previous funding transactions of ongoing campaigns are made publicly available, giving rise to herding among backers. In this research, we aim to understand how com...
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作者:Tang, Qian; Lin, Mei; Kim, Youngsoo
作者单位:Singapore Management University; Texas Tech University System; Texas Tech University
摘要:This study empirically examines the effect of offline store entry on a competing online retailer in the footwear industry and investigates how this effect depends on the relative product assortment and price between the offline store and the online retailer. Using transaction data from a large online footwear retailer and offline store entry data from 19 major shoe retail chains and 3 department store chains, we quantify the entry effect of offline stores. Categorizing offline stores by assort...
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作者:Wang, Ningning; Li, Zhuoxin
作者单位:China University of Petroleum; Boston College
摘要:The development of e-commerce has greatly facilitated the practice that suppliers encroach upon the retail realm of downstream retailers through direct channels (e.g., online stores). The literature in this area has investigated profit-maximizing firms, but the role of other organizational structures is not well understood. This study studies supplier encroachment in which the retailer is a dual-purpose corporation that pursues his own profit as well as consumer surplus. We find that the retai...
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作者:Ghamat, Salar; Zaric, Gregory S.; Pun, Hubert
作者单位:Wilfrid Laurier University; Western University (University of Western Ontario)
摘要:We study gain-sharing agreements in a target price-minimum quality payment system. Our work is inspired by the Centers for Medicare and Medicaid Services' (CMS) Comprehensive Care for Joint Replacement (CJR) bundled payment model. In our model, patients receive care from a hospital and a post-acute care provider. A third-party payer establishes target levels for total billing by the hospital and provider, and a target on the overall quality of care. The hospital and provider receive fee-for-se...