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作者:Shi, Tianqin; Chhajed, Dilip; Wan, Zhixi; Liu, Yunchuan
作者单位:California State University System; San Jose State University; California State University System; San Jose State University; Purdue University System; Purdue University; University of Hong Kong; University of Illinois System; University of Illinois Urbana-Champaign
摘要:We consider a firm consisting of two divisions, one responsible for designing and manufacturing new products and the other responsible for remanufacturing operations. The firm will sell these new and remanufactured products either directly to the consumer (direct selling) or through an independent retailer (indirect selling). Our study demonstrates that a firm's organizational structure can affect its marketing decisions. Specifically, a decentralized firm with separate manufacturing and reman...
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作者:Esenduran, Gokce; Hill, James A.; Noh, In Joon
作者单位:Purdue University System; Purdue University; University System of Ohio; Ohio State University
摘要:Each year, global consumers dispose of 20 million-50 million tons of electronic products, including laptops, tablets, and, most commonly, cell phones. Realizing the residual value in used electronics, consumers frequently look for ways to sell their devices, whereas independent parties (IPs) such as Gazelle and NextWorth and original equipment manufacturers (OEMs) such as Apple compete in acquiring them. These firms also compete with online marketplaces such as eBay, which offer a channel for ...
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作者:Mehrotra, Mili; Natarajan, Karthik, V
作者单位:University of Illinois System; University of Illinois Urbana-Champaign; University of Minnesota System; University of Minnesota Twin Cities
摘要:The below-par progress toward the Millennium Development Goals in many developing countries has been attributed to the low availability of good quality health care services and to the demand-side barriers to access. In this study, we analyze an incentive design problem faced by a budget-constrained humanitarian organization managing a health care service program (e.g., maternal health or HIV services) with different emphasis on the two measures of quality-structural and process. Incentives off...
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作者:Songhori, Mohsen Jafari; Nasiry, Javad
作者单位:University of Twente; McGill University; Hong Kong University of Science & Technology
摘要:Developing a complex new product requires the firm both to deconstruct that product into subsystems and to create an organizational structure aligned with the product architecture. However, empirical evidence indicates that misalignments do occur and are usually one of two general forms: a hidden dependency, which is a missing link between teams responsible for two interacting subsystems; or spurious communications between two teams that interact even though their respective subsystems are not...
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作者:Zhang, Juzhi; Sethi, Suresh P.; Choi, Tsan-Ming; Cheng, T. C. E.
作者单位:Chinese Academy of Sciences; University of Science & Technology of China, CAS; University of Texas System; University of Texas Dallas; Hong Kong Polytechnic University; Hong Kong Polytechnic University
摘要:The classical newsvendor problem seeks to minimize the expected inventory cost or maximize the expected profit. But optimizing an expected value alone does not fully capture the stochastic nature of the newsvendor problem. Inspired by the higher-moment analyses explored in finance literature, we conduct a mean-variance-skewness-kurtosis (MVSK) analysis for the newsvendor problem. We first derive the analytical expressions for the profit's mean, variance, skewness, and kurtosis in the standard ...
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作者:Guo, Pengfei; Liu, Fang; Wang, Yulan
作者单位:Hong Kong Polytechnic University; Nanyang Technological University
摘要:We study a two-stage decision problem, namely, the allocation and deployment of reserved inventories (RIs) in a supply network with random demand surges. The demand surge follows a time-dependent stochastic process and our objective is to minimize the expected total unmet demand in the presence of positive transshipment lead times. We first solve the optimal deployment problem given that the demand surges have occurred at some locations. We show that the optimal deployment policy is a nested p...
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作者:Sharma, Luv; Chandrasekaran, Aravind; Bendoly, Elliot
作者单位:University of South Carolina System; University of South Carolina Columbia; University System of Ohio; Ohio State University
摘要:This research examines the performance benefits of the Office of Patient Experience (OPX), a new administrative innovation in the health care industry. OPX is an independent structure within a hospital, having its own annual budget and full-time staff, and is responsible for improving patient experience during the hospital stay. We specifically investigate the effectiveness of OPXs in improving experiential quality (EQ), measured as the quality of interactions between hospital's caregivers and...
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作者:Li, Shan; Chen, Kay-Yut
作者单位:City University of New York (CUNY) System; Baruch College (CUNY); University of Texas System; University of Texas Arlington
摘要:Motivated by the emergence of the Internet-enabled inventory sharing across firms, we investigate different commitment scenarios of decentralized inventory sharing platforms, through a behavioral lens. In particular, we consider two transfer price commitment settings (ex ante or ex post depending on whether or not the inventory transfer price is committed before demand realization) and two sharing commitment rules (automatic or voluntary depending on whether or not inventory sharing are pre-co...
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作者:Cai, Dongling; Jiang, Li
作者单位:Sun Yat Sen University; Hong Kong Polytechnic University
摘要:We investigate price and stock competition between two retailers selling to a market with uncertain size. Prior to knowing the actual market size, retailers choose stocking quantities before prices under prestocking but adopt the reverse sequence under prepricing. After the actual market size is realized, each customer chooses to purchase from a retailer to maximize utility. Each retailer satisfies its local demand up to availability. A customer with unmet demand at the local retailer may cont...
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作者:Sinha, Ashesh Kumar; Krishnamurthy, Ananth
作者单位:Kansas State University; Indian Institute of Management (IIM System); Indian Institute of Management Bangalore
摘要:We analyze production and capacity utilization strategies in a supply chain where individual components can be made either at a shared in-house manufacturing facility or at dedicated facilities of external subcontractors. The manufacturer and the subcontractor differ in terms of costs, production capacities, rates, and service level capabilities. Using Markov decision process models, we determine the optimal policy and characterize its structure. We derive the set of conditions that partitions...