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作者:Chau, Ngan N.; Desiraju, Ramarao
作者单位:University of Nebraska System; University Nebraska Kearney; State University System of Florida; University of Central Florida
摘要:When network effects are important and technology is rapidly improved, this study explores the relative optimality of five product introduction strategies of a durable goods manufacturer: (1) replacement, (2) skipping, (3) a delayed line, (4) shelving, and (5) line-extension. Using a two-period analytical model, we show how the type of compatibility-either full or backward compatibility-and the magnitude of the network effect influence the manufacturer's preference for the above strategies. Ou...
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作者:Hahler, Stefan; Fleischmann, Moritz
作者单位:University of Mannheim
摘要:Most recommerce providers have moved to a quality-dependent process for the acquisition of used products. They acquire the products via websites at which product holders submit upfront quality statements and receive quality-dependent acquisition prices for their used devices. Motivated by this development of reverse logistics practice, the aim of this study is to analyze the product assessment process of a recommerce provider in detail. To this end, we first propose a sequential bargaining mod...
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作者:Esenduran, Gokce; Kemahlioglu-Ziya, Eda; Swaminathan, Jayashankar M.
作者单位:University System of Ohio; Ohio State University; North Carolina State University; University of North Carolina; University of North Carolina Chapel Hill; University of North Carolina School of Medicine
摘要:As waste from used electronic products grows steadily, manufacturers face take-back regulations mandating its collection and proper treatment through recycling, or remanufacturing. Environmentalists greet such regulation with enthusiasm, but its effect on remanufacturing activity and industry competition remains unclear. We research these questions, using a stylized model with an original equipment manufacturer (OEM) facing competition from an independent remanufacturer (IR). We examine the ef...
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作者:Schulte, Benedikt; Pibernik, Richard
作者单位:University of Wurzburg
摘要:In this paper, we study the profitability of service-level-based price differentiation (SLBPD) in an inventory-rationing context. SLBPD implies that a company offers several combinations of prices and guaranteed service levels, from which customers self-select; different customers choose different offerings because they incur different shortage costs if an order is not fulfilled immediately. We develop an analytical model for SLBPD and explore if and when such a service differentiation strateg...
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作者:Loch, Christoph H.
作者单位:University of Cambridge
摘要:Behavioral Operations Management explicitly considers the effects of human behavior in process performance, influenced by cognitive biases, social preferences, and cultural norms. This broadening of Operations is even more critical in the context of the Management of Technology (MOT) than in the operations of established ongoing processes, because in innovation, people do not know well which tasks they will have to perform, they are exposed to risks, and they are subject to emergent interdepen...
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作者:Osadchiy, Nikolay; Diwas, K. C.
作者单位:Emory University
摘要:The current state of outpatient healthcare delivery is characterized by capacity shortages and long waits for appointments, yet a substantial fraction of valuable doctors' capacity is wasted due to no-shows. In this study, we examine the effect of wait to appointment on patient flow, specifically on a patient's decision to schedule an appointment and to subsequently arrive to it. These two decisions may be dependent, as appointments are more likely to be scheduled by patients who are more pati...
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作者:Abbey, James D.; Kleber, Rainer; Souza, Gilvan C.; Voigt, Guido
作者单位:Texas A&M University System; Texas A&M University College Station; Mays Business School; Otto von Guericke University; Indiana University System; IU Kelley School of Business; Indiana University Bloomington; University of Hamburg
摘要:Recent research indicates that consumers hold significant concerns about the quality of remanufactured products. To better understand this phenomenon, this manuscript combines surveys and experimental studies to identify the antecedents of perceived qualityin the form of perceived risk of functionality and cosmetic defectsand their significant impact on consumers' willingness to pay (wtp) for remanufactured electronics products. The study also controls for alternative explanations for wtp sugg...
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作者:Yang, Yi; Yu, Yimin; Huang, Tingliang
作者单位:Zhejiang University; City University of Hong Kong; Boston College
摘要:We provide an exact myopic analysis for an N-stage serial inventory system with batch ordering, linear ordering costs, and nonstationary demands under a finite planning horizon. We characterize the optimality conditions of the myopic nested batching newsvendor (NBN) policy and the myopic independent batching newsvendor (IBN) policy, which is a single-stage approximation. We show that echelon reorder levels under the NBN policy are upper bounds of the counterparts under both the optimal policy ...
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作者:Erat, Sanjiv
作者单位:University of California System; University of California San Diego
摘要:In any pool of ideas that is developed in a multistage process, it is often the case that only a small fraction of top ideas are exceptional. This study formulates a model of multistage development of idea pools, and examines the impact of the structure of idea pools and of learning across stages on the extent to which the top ideas in the pool are exceptional. Our key descriptive results demonstrate that the dispersion of ideas in the pool (defined in terms of the dissimilarity between ideas)...
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作者:Qiu, Liangfei; Whinston, Andrew B.
作者单位:State University System of Florida; University of Florida; University of Texas System; University of Texas Austin
摘要:The increasing pervasiveness of social networks allows users to share purchase behaviors with their online friends. In this study, we examine optimal pricing strategies of a monopolistic firm using an analytical model that accounts for behavioral observational learning in social networks. We show that a seller could potentially control the information available to future customers and induce behavioral observational learning, using an information-revealing pricing strategy. This result suggest...