Production and Operations Management

最新文章

• Sharing Quality-Distribution Information for the Selective Assembly of Intermediary Components in the Automotive Industry AI翻译
  作者：Clottey, Toyin; Benton, W. C., Jr.
  作者单位：Iowa State University; University System of Ohio; Ohio State University
  摘要：This study investigates the value of a supplier sharing information about the quality-distribution (i.e., dimensional mean or variance) of components with an assembler who matches such parts with the selective assembly of an intermediary component. Selective assembly is a strategy that is widely used by high-precision manufacturing companies to gain a competitive advantage in product quality. The use of inexpensive intermediary components (e.g., bearings) to ensure that all mating components a...
• Adversarial Classification: Impact of Agents' Faking Cost on Firms and Agents AI翻译
  作者：Cezar, Asunur; Raghunathan, Srinivasan; Sarkar, Sumit
  作者单位：Bogazici University; University of Texas System; University of Texas Dallas
  摘要：Classification of agents such as suppliers and customers into good and bad types based on their attributes is ubiquitous in business. In adversarial classification contexts, firms face agents who fake their attributes to receive favorable decisions from the classifier; for instance, suppliers could misrepresent their safety or quality features in order to qualify as a firm's accredited vendor. Anticipating such faking by agents, firms may strategically design their classifiers and may also ver...
• Risk-Sensitive Markov Decision Processes with Combined Metrics of Mean and Variance AI翻译
  作者：Xia, Li
  作者单位：Sun Yat Sen University
  摘要：This study investigates the optimization problem of an infinite stage discrete time Markov decision process (MDP) with a long-run average metric considering both mean and variance of rewards together. Such performance metric is important since the mean indicates average returns and the variance indicates risk or fairness. However, the variance metric couples the rewards at all stages, the traditional dynamic programming is inapplicable as the principle of time consistency fails. We study this ...
• Allocative Efficiency in Online Auctions: Improving the Performance of Multiple Online Auctions Via Seek-and-Protect Agents AI翻译
  作者：Bapna, Ravi; Day, Robert; Rice, Sarah
  作者单位：University of Connecticut; Texas A&M University System; Texas A&M University College Station; Mays Business School
  摘要：Much of the prominent literature describing behavior in eBay-like marketplaces emphasizes the successful use of sniping agents that wait until the last moments of an auction to bid (truthfully) on behalf of a human user. These agents fare well against naive agents (typically assumed to be those who bid incrementally on the most profitable open auction) who do not get the chance to respond to the snipe-bid placed in the final seconds. This reasoning, however, tends to ignore the effect of the p...
• Flexibly Serving A Finite Number of Heterogeneous Jobs in A Tandem System AI翻译
  作者：Lim, Yun Fong; Lu, Bingnan; Wang, Rowan; Zhang, Wenjia
  作者单位：Singapore Management University; University of Minnesota System; University of Minnesota Twin Cities; The Chinese University of Hong Kong, Shenzhen
  摘要：Many manufacturing and service systems require a finite number of heterogeneous jobs to be processed by two stations in tandem. Each station serves at most one job at a time and there is a finite buffer between the two stations. We consider two flexible servers that are cross-trained to work at both stations. The duration for a server to finish a job at a station is exponentially distributed with a rate that depends on the server, the station, and the job. Our goal is to identify an efficient ...
• Inventory Auditing and Replenishment Using Point-of-Sales Data AI翻译
  作者：Bassamboo, Achal; Moreno, Antonio; Stamatopoulos, Ioannis
  作者单位：Northwestern University; Harvard University; University of Texas System; University of Texas Austin
  摘要：Spoilage, expiration, damage due to employee/customer handling, employee theft, and customer shoplifting usually are not reflected in inventory records. As a result, records often report phantom inventory, that is, units of good not available for sale. We derive an optimal polynomial-time algorithm for the auditing and replenishment problem with phantom inventory, under the assumption that inventory is known immediately after replenishment. Moreover, we numerically show that a service-level th...
• Addressing Economic/Environmental Sustainability Trade-offs in Procurement Episodes with Industrial Suppliers AI翻译
  作者：Saunders, Lance W.; Brooks, J. Paul; Merrick, Jason R. W.; Autry, Chad W.
  作者单位：University of Tennessee System; University of Tennessee Knoxville; Virginia Commonwealth University; University of Tennessee System; University of Tennessee Knoxville
  摘要：Literature supports that buyers can influence suppliers to adopt sustainable practices. Much of this literature, however, is descriptive and takes only the perspective of a buyer trying to diffuse sustainability into its supply base. Alternatively, this study augments the literature through the development of a prescriptive mathematical model that maximizes a supplier's expected revenue from making a bid to a large buyer, inclusive of a sustainability criterion. Specifically, the model uses de...
• Manufacturer Strategy on Service Provision in Competitive Channels AI翻译
  作者：Yang, Xiaodong; Cai, Gangshu (George); Ingene, Charles A.; Zhang, Jihong
  作者单位：Shanghai University of International Business & Economics; Beijing Foreign Studies University; Santa Clara University; University of Oklahoma System; University of Oklahoma - Norman
  摘要：A manufacturer commonly distributes through a set of retailers who are authorized to sell its product; demand-enhancing services may also be provided by the manufacturer. These services may be granted to all authorized retailers (uniform service provision) or to a favored few authorized retailers (differential service provision). To determine when a manufacturer does-or does not-bestow equal service levels, we develop a model of one manufacturer selling through two competing retailers. We find...
• Social Promotion: A Creative Promotional Framework on Consumers' Social Network Value AI翻译
  作者：Gao, Haibing; Zhao, Huazhong; Tan, Yinliang (Ricky); Lin, Ya (Lisa); Wei, Lai
  作者单位：Renmin University of China; City University of Hong Kong; Tulane University; Hong Kong Baptist University; Shanghai Jiao Tong University
  摘要：Red packets have symbolized happiness and good luck in Asian culture for centuries. An emerging number of online merchants in Asia are adoptingsocial red packetsas a promotion strategy. Social red packets not only digitalize traditional coupons to be readily transferred within consumer social networks but also can reallocate the promotional rewards based on consumers' social network value rather than their personal value to the firm. In this study, we conceptualize social red packets as an imp...
• Product Fit Uncertainty and Information Provision in a Distribution Channel AI翻译
  作者：Sun, Monic; Tyagi, Rajeev K.
  作者单位：Boston University; University of California System; University of California Irvine
  摘要：Consumers of experience goods typically face some uncertainty about the fit between their tastes and the features of products being offered. Information technology has given consumers the ability to conduct research online about their potential fit with products before buying, and modern sellers the ability to disseminate product information to consumers. This study investigates a manufacturer's and retailers' incentives to disclose such product fit information to consumers when the manufactur...