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作者:He, Rongchuan; Lu, Ye
作者单位:Chinese Academy of Sciences; University of Science & Technology of China, CAS; City University of Hong Kong
摘要:The price-setting newsvendor problem is well studied in the literature. However, it is commonly assumed that retailers have complete demand information modeled as a function of price and random noise. In reality, a retailer may have very limited information on a demand model because a retailer who has exercised only a few prices does not have sufficient information to accurately estimate a demand model. This creates a gap between academic research and practical applications. In this study, we ...
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作者:Lu, Mengshi; Shen, Zuo-Jun Max
作者单位:Purdue University System; Purdue University; University of California System; University of California Berkeley; University of California System; University of California Berkeley
摘要:Over the past two decades, there has been explosive growth in the application of robust optimization in operations management (robust OM), fueled by both significant advances in optimization theory and a volatile business environment that has led to rising concerns about model uncertainty. We review some common modeling frameworks in robust OM, including the representation of uncertainty and the decision-making criteria, and sources of model uncertainty that have arisen in the literature, such...
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作者:Titman, Sheridan
作者单位:University of Texas System; University of Texas Austin
摘要:Firms along a supply chain are exposed to risks that emanate from shocks that affect the supply of the commodity at the beginning of the chain, as well as shocks to the demand for the products and services that are produced at the end of the supply chain. These risk exposures tend to depend on production technologies as well as supply and demand elasticities. A key takeaway is that firms that use commodity inputs cannot in general rely on either the historical covariance between input prices a...
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作者:Zhou, Wenhui; Wang, Dongmei; Huang, Weixiang; Guo, Pengfei
作者单位:South China University of Technology; City University of Hong Kong
摘要:This study studies the impact of loss aversion on queue configurations in a doubled-ended queueing system such as taxi stations. We assume that there exist two types of demands/passengers, namely, the short-haul and long-haul, with long-haul demand offering a larger monetary reward for drivers. Loss-averse drivers decide to either join or balk based on their overall utility. We first consider the passenger-side system to be a loss system; that is, an arriving passenger balks if there is no tax...
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作者:Secomandi, Nicola; Seshadri, Sridhar
作者单位:Carnegie Mellon University; University of Illinois System; University of Illinois Urbana-Champaign
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作者:Clottey, Toyin; Benton, W. C. Jr Jr
作者单位:Iowa State University; University System of Ohio; Ohio State University
摘要:Fixed-bin selective assembly (FBSA) is a method for producing high-tolerance specification assembly from lower precision components. This study investigates the design tolerance implications of an external supplier sharing dimensional information about shipped parts to be used for FBSA. An approach for reducing surplus components in FBSA is to predictively adjust the assembler's manufacturing process so that components produced internally better match those of incoming parts. However, it is un...
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作者:de Vries, Harwin; van de Klundert, Joris; Wagelmans, Albert
作者单位:Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam; Prince Mohammed Bin Salman College of Business & Entrepreneurship; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam
摘要:In pursuit of Sustainable Development Goal 3 Ensure healthy lives and promote well-being for all at all ages, considerable global effort is directed toward elimination of infectious diseases in general and Neglected Tropical Diseases in particular. For various such diseases, the deployment of mobile screening teams forms an important instrument to reduce prevalence toward elimination targets. There is considerable variety in planning methods for the deployment of these mobile teams in practice...
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作者:Rodriguez-Pereira, Jessica; Balcik, Burcu; Rancourt, Marie-Eve; Laporte, Gilbert
作者单位:Universite de Montreal; HEC Montreal; Pompeu Fabra University; Ozyegin University; University of Bath
摘要:We study a multi-country disaster preparedness partnership involving the joint prepositioning of emergency relief items. Our focus is the Caribbean region, which faces increasing disaster threats due to weather-related events and has committed to share its resources for regional integration. We collaborate with the inter-governmental Caribbean Disaster and Emergency Management Agency (CDEMA), which is interested in creating a methodology to equitably (fairly) allocate the costs necessary to op...
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作者:Gao, Fei; Cui, Shiliang; Cohen, Morris
作者单位:Indiana University System; Indiana University Bloomington; IU Kelley School of Business; Georgetown University; University of Pennsylvania
摘要:Consider a firm that is developing an innovative product. We study the trade-offs associated with its product design decisions in regards to product performance (the function of the product), product reliability (whether the product will perform its function), and product time-to-market (the development time for the product). Specifically, while a more innovative product may deliver better product performance, without sufficient development time, the product may not be as reliable given that i...
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作者:Chang, Xiangyu; Huang, Yinghui; Li, Mei; Bo, Xin; Kumar, Subodha
作者单位:Xi'an Jiaotong University; Hong Kong University of Science & Technology; University of Oklahoma System; University of Oklahoma - Norman; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University
摘要:The detection of environmental violators is critical to the long-term adoption of sustainability in supply chain management. However, there exist manufacturing facilities that report false environmental monitoring data, thereby seriously hampering governments' efforts to identify true offenders and to properly intervene. We integrate waste gas data from the world's largest Continuous Emission Monitoring System (CEMS) with a publicly available Violation and Punishment Dataset (VPD) to build pre...