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作者:Perdikaki, Olga; Kumar, Subodha; Sriskandarajah, Chelliah
作者单位:University of South Carolina System; University of South Carolina Columbia; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; Texas A&M University System; Texas A&M University College Station; Mays Business School
摘要:The performance of a retail store depends on its ability to attract customer traffic, match labor with incoming traffic, and convert the incoming traffic into sales. Retailers make significant investments in marketing activities (such as advertising) to bring customers into their stores and in-store labor to convert that traffic into sales. Thus, a common trade-off that retail store managers face concerns the allocation of a store's limited budget between advertising and labor to enhance store...
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作者:Handley, Sean M.
作者单位:University of Notre Dame
摘要:Notwithstanding the popularity of outsourcing as a business strategy, the performance benefits realized through outsourcing efforts are observed to be mixed in practice. This leads to important unresolved questions regarding why some firms are able to derive substantial value from their outsourcing initiatives while other firms are left disappointed. This study joins an emerging literature integrating transaction cost economics and capabilities-based perspectives to develop a deeper understand...
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作者:Bradley, James R.
作者单位:William & Mary
摘要:We investigate the interrelationship of distribution center picking policies and supply chain inventory performance. In particular, we show how the picking sequence in the upstream supply chain link affects the inventory levels of items being replenished to a downstream link for a common ship-when-full trailer dispatching policy. Perturbing the picking sequence affects items' inventory levels asymmetrically which causes the aggregate system inventory to vary. We separate the items in replenish...
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作者:Goel, Ankur; Tanrisever, Fehmi
作者单位:Ihsan Dogramaci Bilkent University
摘要:We consider a firm that procures an input commodity to produce an output commodity to sell to the end retailer. The retailer's demand for the output commodity is negatively correlated with the price of the output commodity. The firm can sell the output commodity to the retailer through a spot, forward or an index-based contract. Input and output commodity prices are also correlated and follow a joint stochastic price process. The firm maximizes shareholder value by jointly determining optimal ...
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作者:Rong, Ying; Atan, Zumbul; Snyder, Lawrence V.
作者单位:Shanghai Jiao Tong University; Eindhoven University of Technology; Lehigh University
摘要:We study inventory optimization for locally controlled, continuous-review distribution systems with stochastic customer demands. Each node follows a base-stock policy and a first-come, first-served allocation policy. We develop two heuristics, the recursive optimization (RO) heuristic and the decomposition-aggregation (DA) heuristic, to approximate the optimal base-stock levels of all the locations in the system. The RO heuristic applies a bottom-up approach that sequentially solves single-var...
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作者:Geismar, H. Neil; Sriskandarajah, Chelliah; Zhu, Yunxia
作者单位:Texas A&M University System; Texas A&M University College Station; Mays Business School; Rider University
摘要:Even though more and more transactions and payments are conducted electronically, physical currency (banknotes and coins) still plays an essential role in commerce and trade, and it is expected to maintain its dominance in the near future. Over the past decade, several studies have analyzed various currency supply chains across the world. This study provides an overview of this research. The structure of a general banknote supply chain is given before the discussion of the problems from three ...
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作者:Kornish, Laura J.; Hutchison-Krupat, Jeremy
作者单位:University of Colorado System; University of Colorado Boulder; University of Virginia
摘要:Idea generation and selection are fundamental activities in innovation. Scholars in many disciplines have written about these activities, addressing diverse perspectives. In this study, we synthesize the research findings most applicable to the management of technology. First, we present findings on the process of idea generation: the importance of problem recognition and the many decisions made in organizing the effort. Second, we present findings about the process of idea selection, focusing...
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作者:Cil, Eren B.; Pangburn, Michael S.
作者单位:University of Oregon
摘要:A mass customization strategy enables a firm to match its product designs to unique consumer tastes. In a classic horizontal product-differentiation framework, a consumer's utility is a decreasing function of the distance between their ideal taste and the taste defined by the most closely aligned product the firm offers. A consumer thus considers the taste mismatch associated with their purchased product, but otherwise the positioning of the firm's product portfolio (or, brand image) is immate...
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作者:Eppinger, Steven D.
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作者:Ayvaci, Mehmet Ulvi Saygi; Ahsen, Mehmet Eren; Raghunathan, Srinivasan; Gharibi, Zahra
作者单位:University of Texas System; University of Texas Dallas; International Business Machines (IBM); IBM USA
摘要:Available clinical evidence is inconclusive on whether radiologists should use the patient risk profile information when interpreting mammograms. On the one hand, risk profile information is informative and can improve radiologists' performance, but on the other hand, it may impair their judgment by introducing biases in mammography interpretation. Therefore, it is important to assess whether and when profile information use translates into improved outcomes. We model the use of profile inform...