Production and Operations Management

最新文章

• Proximity to a Traditional Physical Store: The Effects of Mitigating Online Disutility Costs AI翻译
  作者：Nault, Barrie R.; Rahman, Mohammad S.
  作者单位：University of Calgary; Purdue University System; Purdue University
  摘要：We examine the implications of proximity to a physical store in offline-online retail competition where online disutility costs, which encompasses factors such as trust in the seller, returns, and after-sales support, are important. Building on classical models, we consider a traditional retailer's expansion online, benefitting from the physical store's presence in serving customers online. Our innovation is to allow online disutility costs to be mitigated if the purchase is from a dual-channe...
• Strategic Analysis of Dual Sourcing and Dual Channel with an Unreliable Alternative Supplier AI翻译
  作者：Niu, Baozhuang; Li, Jiawei; Zhang, Jie; Cheng, Hsing Kenneth; Tan, Yinliang (Ricky)
  作者单位：South China University of Technology; University of Michigan System; University of Michigan; Guangdong University of Finance & Economics; State University System of Florida; University of Florida; Tulane University
  摘要：In today's increasingly interconnected world, co-opetition has emerged as a new business practice among many high-tech firms. The boundaries between cooperation and competition becomes vague, and rivals engage in collaborative activities. This study develops an analytical model to investigate the dual sourcing decision of the original equipment manufacturer (OEM) in the presence of a competitive supplier (i.e., frenemy) as well as a non-competitive supplier who nevertheless suffers from unreli...
• The Impact of Valuation Heterogeneity on Equilibrium Prices in Supply Chain Networks AI翻译
  作者：Nakkas, Alper; Xu, Yi
  作者单位：University of Texas System; University of Texas Arlington; University System of Maryland; University of Maryland College Park
  摘要：This paper studies bargaining in two-sided supply chain networks where manufacturers on the demand side purchase an input from suppliers on the supply side. The manufacturers may have heterogeneous valuations on the input sold by the suppliers. In such a supply chain network, a manufacturer and a supplier must have a business relationship or link to bargain and trade with each other. However, a firm on one side of the supply chain network might not have a business relationship with every firm ...
• Patient Heal Thyself: Reducing Hospital Readmissions with Technology-Enabled Continuity of Care and Patient Activation AI翻译
  作者：Queenan, Carrie; Cameron, Kellas; Snell, Alan; Smalley, Julia; Joglekar, Nitin
  作者单位：University of South Carolina System; University of South Carolina Columbia; State University System of Florida; University of South Florida; Boston University
  摘要：Patients' skills, knowledge, and motivation to actively engage in their health care are assessed with the patient activation measure (PAM). The literature on the role of PAM, when patient counseling is coupled with a technology enabled continuity of care intervention, is scant. We model the patient-health care provider feedback loop and learning through error corrections to explore the relations between continuity of care, PAM and patient readmissions. We test this model using data from a rand...
• Cross-Market Integration and Sabotage AI翻译
  作者：Guo, Hong; Jiang, Yabing; Lim, Arthur; Vakharia, Asoo J.
  作者单位：University of Notre Dame; State University System of Florida; Florida Gulf Coast University; University of Notre Dame; State University System of Florida; University of Florida
  摘要：Sabotage activities often raise controversies and regulatory concerns due to the potential negative effects on competition and social welfare. These concerns are amplified when firms serving complementary markets integrate due to the integrated firm's capability to engage in multi-market sabotage. We note that the integrated firm's incentive to engage in sabotage activities and the potential impact on social welfare has not been examined, and this drives the primary focus of our study. Interes...
• Integrating Overbooking with Capacity Planning: Static Model and Application to Airlines AI翻译
  作者：He, Wen
  作者单位：Hunan University
  摘要：Many firms that practice overbooking are able to adjust capacity prior to the service time. This study proposes an integrated approach for a firm's overbooking and capacity planning. We formulate a static model that simultaneously optimizes the firm's capacity level and overbooking limit. We find that the optimal level of capacity with overbooking can be higher and lower than that without overbooking. This is because overbooking has both positive and negative effects on the marginal value of c...
• Inventory Management under Periodic Profit Targets AI翻译
  作者：Yan, Houmin; Yano, Candace Arai; Zhang, Hanqin
  作者单位：City University of Hong Kong; University of California System; University of California Berkeley; University of California System; University of California Berkeley; National University of Singapore
  摘要：Managers seek to meet quarterly profit targets because missing a target affects both the stock price and bonuses. To capture how these targets can affect a retailer's procurement decisions, we analyze a periodic-review inventory model with a chance constraint in each period that requires meeting a profit target with a given probability, while maximizing expected profit. Corporate profits are reported using accrual accounting, but inventory models typically use cash-basis accounting. We conside...
• Decision Biases of Strategic Customers with Private Product-Value Information: An Experimental Study AI翻译
  作者：Song, Yanan; Zhao, Xiaobo; Zhu, Wanshan; Chen, Yefen
  作者单位：University of Science & Technology Beijing; Chinese Academy of Sciences; Academy of Mathematics & System Sciences, CAS; Tsinghua University
  摘要：We consider a random number of strategic customers who compete for a limited stock of products, and decide whether to buy a product at full price now or at a discount price by waiting until the end of the selling season. This decision is not trivial, as waiting leads to not only a lower cost, but also less value due to a possible stockout caused by the limited product quantity. The equilibrium analysis of the competition game based on a theoretical model predicts that strategic customers wait ...
• A Risk-Based Approach to Improving Disaster Relief Asset Pre-Positioning AI翻译
  作者：Arnette, Andrew N.; Zobel, Christopher W.
  作者单位：University of Wyoming; Virginia Polytechnic Institute & State University
  摘要：It is well-recognized that pre-positioning assets in advance of a natural disaster is important for supporting timely relief provision after a disaster occurs. In addition to preparing for imminent disaster events, humanitarian relief organizations also maintain such asset allocations over time to support future responses to recurrent events such as wildfires or winter storms. This study is motivated by the authors' work with one such relief organization, the American Red Cross in Colorado and...
• On the Competition between Two Modes of Product Recovery: Remanufacturing and Refurbishing AI翻译
  作者：Chen, Yao; Chen, Fangruo
  作者单位：Shanghai University of International Business & Economics; Shanghai Jiao Tong University
  摘要：The markets for recovered products in China typically consist of both remanufactured and refurbished products. The government requires that the remanufactured product match the quality level of the new product, while no such requirements exist for the refurbished product. Furthermore, remanufacturing is a relatively new phenomenon in China, whereas the refurbishing industry is old, widespread, and largely unregulated. Compared to the new product, the two types of recovered products enjoy a cos...