Production and Operations Management

最新文章

• Risk Mitigation of Production Hedging AI翻译
  作者：Park, John H.; Kazaz, Burak; Webster, Scott
  作者单位：Pepperdine University; Syracuse University; Arizona State University; Arizona State University-Tempe
  摘要：This study examines how a firm can mitigate global economic risk through production hedging, defined as producing less than the total demand. We investigate a firm's production planning, pricing, and financial hedging decisions under exchange rate and demand uncertainty with the objective of maximizing expected profit while complying with a value-at-risk (VaR) constraint that limits the firm's losses in amount and probability. The study makes three contributions. First, we show that production...
• Buyer and Nonprofit Levers to Improve Supplier Environmental Performance AI翻译
  作者：Karaer, Ozgen; Kraft, Tim; Khawam, John
  作者单位：Middle East Technical University; University of Virginia; Alphabet Inc.; Google Incorporated
  摘要：Material IQ (MiQ) is a new decision tool designed by GreenBlue to help suppliers safely share sensitive chemical-toxicity data with their customers. As GreenBlue takes MiQ to market, it must determine under what market conditions to promote the use of MiQ and when to recommend that a buyer uses its implementation as an opportunity to work with an existing supplier. We study GreenBlue's problem in two parts. First, we investigate when a buyer can use a wholesale price premium and/or buyer-suppl...
• An Optimization-Based Decision-Support Tool for Post-Disaster Debris Operations AI翻译
  作者：Lorca, Alvaro; Celik, Melih; Ergun, Ozlem; Keskinocak, Pinar
  作者单位：Pontificia Universidad Catolica de Chile; Middle East Technical University; Ministry of Energy & Natural Resources - Turkey; Northeastern University; University System of Georgia; Georgia Institute of Technology
  摘要：Debris generated by disasters can hinder relief efforts and result in devastating economic, environmental, and health problems. In this study, we present a decision-support tool employing analytical models to assist disaster and waste management officials with decisions regarding collection, transportation, reduction, recycling, and disposal of debris. The tool enables optimizing and balancing the financial and environmental costs, duration of the collection and disposal operations, landfill u...
• Multi-Treatment Inventory Allocation in Humanitarian Health Settings under Funding Constraints AI翻译
  作者：Natarajan, Karthik V.; Swaminathan, Jayashankar M.
  作者单位：University of Minnesota System; University of Minnesota Twin Cities; University of North Carolina; University of North Carolina Chapel Hill; University of North Carolina School of Medicine
  摘要：In humanitarian operations, the amount of funding received and the timing and predictability of funding strongly influence program performance. In this paper, we study the problem of allocating inventory procured using donor funding to patients in different health states over a finite horizon with the objective of minimizing the number of disease-adjusted life periods lost. The funding received and the number of new patients of different health states entering the program in every period could...
• Creativity and the Management of Technology: Balancing Creativity and Standardization AI翻译
  作者：Shalley, Christina E.; Gilson, Lucy L.
  作者单位：University System of Georgia; Georgia Institute of Technology; University of Connecticut
  摘要：This thought piece represents an opportunity to integrate creativity and operations management (OM) research, and in particular the management of technology (MOT), to stimulate thinking and drive research across disciplines. Specifically, we discuss how there is an inherent tension when considering how work is organized and performed given that the majority of today's jobs require a certain degree of following routinized procedures, while some level of creativity is desirable as well. Therefor...
• Quality of Service Based Pricing Schemes for Content Sharing in Peer-to-Peer Networks AI翻译
  作者：De, Prabuddha; Hao, Lin; Li, Yung-Ming; Tan, Yong
  作者单位：Purdue University System; Purdue University; University of Notre Dame; National Yang Ming Chiao Tung University; University of Washington; University of Washington Seattle; Tsinghua University
  摘要：In this paper, we study quality-of-service (QoS) based pricing schemes that serve as incentive mechanisms to induce sharing behaviors in Peer-to-Peer (P2P) networks. We incorporate operational QoS metrics into users' utility functions and demonstrate how they affect individual users' content sharing decisions. Using a game-theoretic model, our study reveals how organizations respond to the changes of operational QoS metrics in their design of pricing schemes for various business objectives at ...
• Optimal Retail Return Policies with Wardrobing AI翻译
  作者：Shang, Guangzhi; Ghosh, Bikram P.; Galbreth, Michael R.
  作者单位：State University System of Florida; Florida State University; University of Arizona; University of South Carolina System; University of South Carolina Columbia
  摘要：Many retailers offer refunds to consumers who, after a trial period, return a product that they find does not fit their needs. Some consumers are willing to use this return option opportunistically for short-term consumption rather than its intended purpose of resolving fit uncertainty. Such behavior has been termed wardrobing. Restocking fees (partial refunds) can be used to combat wardrobing. However, there is a trade-off involved, since partial refunds will be viewed negatively by consumers...
• Special Issue: SPECIAL ISSUE ON NOT-FOR-PROFIT OPERATIONS MANAGEMENT AI翻译
  作者：Whang, Seungjin
• Revenue Management of Reusable Resources with Advanced Reservations AI翻译
  作者：Chen, Yiwei; Levi, Retsef; Shi, Cong
  作者单位：Singapore University of Technology & Design; Massachusetts Institute of Technology (MIT); University of Michigan System; University of Michigan
  摘要：We consider a revenue management problem wherein the seller is endowed with a single type resource with a finite capacity and the resource can be repeatedly used to serve customers. There are multiple classes of customers arriving according to a multi-class Poisson process. Each customer, upon arrival, submits a service request that specifies his service start time and end time. Our model allows customer advanced reservation times and services times in each class to be arbitrarily distributed ...
• Obtaining Informationally Consistent Decisions When Computing Costs with Limited Information AI翻译
  作者：Anand, Vic; Balakrishnan, Ramji; Labro, Eva
  作者单位：Emory University; University of Iowa; University of North Carolina; University of North Carolina Chapel Hill; University of North Carolina School of Medicine
  摘要：We demonstrate the need to view in a dynamic context any decision based on limited information. We focus on the use of product costs in selecting the product portfolio. We show how ex post data regarding the actual costs from implementing the decision leads to updating of product cost estimates and potentially trigger a revision of the initial decision. We model this updating process as a discrete dynamical system (DDS). We define a decision as informationally consistent if it is a fixed-point...