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作者:Chen, Xin; Zhang, Jiawei
作者单位:University of Illinois System; University of Illinois Urbana-Champaign; New York University
摘要:Sharing common production, resources, and services to reduce cost are important for not for profit operations due to limited and mission-oriented budget and effective cost allocation mechanisms are essential for encouraging effective collaborations. In this study, we illustrate how rigorous methodologies can be developed to derive effective cost allocations to facilitate sustainable collaborations in not for profit operations by modeling the cost allocation problem arising from an economic lot...
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作者:Park, Seung Jae; Lai, Guoming; Seshadri, Sridhar
作者单位:Ewha Womans University; University of Texas System; University of Texas Austin; Indian School of Business (ISB)
摘要:This study investigates the value of inventory sharing in the presence of spot and forward markets. We consider a multi-period setting where two firms process a common commodity to meet stochastic demands. They can buy and sell the commodity through both the spot and forward markets. They can also share the commodity if one has leftover inventory while the other has excess demand. We first characterize the equilibrium strategies of the two firms. Our analysis reveals that in such a context, th...
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作者:Ulrich, Karl T.
作者单位:University of Pennsylvania
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作者:Wu, Desheng Dash; Luo, Cuicui; Wang, Haofei; Birge, John R.
作者单位:University of Toronto; Reykjavik University; University of Chicago
摘要:The potential for operational efficiency improvement is a key consideration for firms contemplating the consolidation of both internal and external business units. This paper develops a leader-follower game model to assess such potential gains from the merger of different organizations with constrained resources. A profit-sharing strategy and algorithm are proposed to solve the model while maintaining incentive compatibility within each unit's decision-making process. This paper further demons...
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作者:Ak, B. Korcan; Patatoukas, Panos N.
作者单位:University of California System; University of California Berkeley
摘要:What is the link between customer-base concentration and inventory efficiencies in the manufacturing sector? Using hand-collected data from 10-K Filings, we find that manufacturers with more concentrated customer bases hold fewer inventories for less time and are less likely to end up with excess inventories, as indicated by the lower likelihood and magnitude of inventory write-downs and reversals. Using disaggregated inventory disclosures, we find that inventory efficiencies primarily flow th...
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作者:Mishra, Anant; Das, Sidhartha R.; Murray, James J.
作者单位:George Mason University
摘要:In recent years, there has been increasing pressure on the US federal government to reduce spending and improve the management of its technology projects. Mitigating the adverse impact of risks on the performance of these projects presents a significant challenge for its stakeholders. Our research examines this challenge in two steps. First, we identify and define a set of salient risks in federal technology projectsspecifically, complexity risk and contracting risk in the planning process, an...
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作者:Klastorin, Ted; Mamani, Hamed; Zhou, Yong-Pin
作者单位:University of Washington; University of Washington Seattle
摘要:In this study, we consider the issue of preannouncing or not preannouncing the development of a new product. Our research is motivated by contrasting views in the literature and varying actions observed in practice. We develop and analyze a game theoretic model that examines the effect of a firm's preannouncement of its product development. Our model is based on a durable goods duopoly market with profit-maximizing firms. The first firm is an innovator who initially begins developing the produ...
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作者:Bertsimas, Dimitris; Kallus, Nathan; Hussain, Amjad
作者单位:Massachusetts Institute of Technology (MIT); Cornell University
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作者:Chuang, Howard Hao-Chun; Oliva, Rogelio; Perdikaki, Olga
作者单位:National Chengchi University; Texas A&M University System; Texas A&M University College Station; Mays Business School
摘要:Staffing decisions are crucial for retailers since staffing levels affect store performance and labor-related expenses constitute one of the largest components of retailers' operating costs. With the goal of improving staffing decisions and store performance, we develop a labor-planning framework using proprietary data from an apparel retail chain. First, we propose a sales response function based on labor adequacy (the labor to traffic ratio) that exhibits variable elasticity of substitution ...
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作者:Kazaz, Burak; Webster, Scott; Yadav, Prashant
作者单位:Syracuse University; Arizona State University; Arizona State University-Tempe; University of Michigan System; University of Michigan; University of Michigan System; University of Michigan
摘要:Artemisinin combination therapy, the most effective malaria treatment today, is manufactured from an agriculturally derived starting material Artemisiaannua. Artemisinin, the main ingredient in malaria medicines, is extracted from Artemisia leaves and used in the production of medicine for treating malaria. The artemisinin market has witnessed high volatility in the supply and price of artemisinin extract. A large fraction of malaria medicines for endemic countries in sub-Saharan Africa is fin...