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作者:Levina, Tatsiana; Levin, Yuri; McGill, Jeff; Nediak, Mikhail
作者单位:Queens University - Canada
摘要:Supplier reluctance to openly advertise highly discounted products on the Internet has stimulated development of opaque name-your-own-price sales channels. Unfortunately (for suppliers), there is significant potential for online consumers to exploit these channels through collaboration in social networks. In this paper, we study three possible forms of consumer collaboration: exchange of bid result information, coordinated bidding, and coordinated bidding with risk pooling. We propose an egali...
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作者:Atan, Zumbul; Erkip, Nesim
作者单位:Eindhoven University of Technology; Ihsan Dogramaci Bilkent University
摘要:Eroglu et al. (2013) study a retailer with limited shelf capacity and a backroom. They study a continuous review (r, q) ordering policy with a known order quantity, q. Assuming that backorders can be satisfied from the backroom inventory (if available), they find the expression for the optimal reorder level, r. Our work builds on Eroglu et al. (2013). We correct an erroneous derivation of the expected overflow term, as well as derive an exact expression for the expected cost function, and henc...
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作者:Gao, Long
作者单位:University of California System; University of California Riverside
摘要:We examine the critical role of evolving private information in managing supply risk. The problem features a dyadic channel where a dominant buyer operates a multiperiod inventory system with lost sales and fixed cost. He replenishes from a supplier, whose private state of production is vulnerable to random shocks and evolves dynamically over time. We characterize the optimal inventory policy with a simple semi-stationary structure; it distorts order quantity for limiting information rent only...
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作者:Park, Seung Jae; Cachon, Gerard P.; Lai, Guoming; Seshadri, Sridhar
作者单位:Texas A&M University System; Texas A&M University Central Texas; University of Pennsylvania; University of Texas System; University of Texas Austin; Indian School of Business (ISB)
摘要:This paper studies whether imposing carbon costs changes the supply chain structure and social welfare. We explore the problem from a central policymaker's perspective who wants to maximize social welfare. We consider two stakeholders, retailers, and consumers, who optimize their own objectives (i.e., profits and net utility) and three competitive settings (i.e., monopoly, monopolistic competition with symmetric market share, and monopolistic competition with asymmetric market share). For the ...
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作者:Zaerpour, Nima; Yu, Yugang; de Koster, Rene B. M.
作者单位:Vrije Universiteit Amsterdam; Chinese Academy of Sciences; University of Science & Technology of China, CAS; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam
摘要:We study temporary storage of fresh produce in a cross-dock center. In order to minimize cooling cost, compact storage systems are used. A major disadvantage of these systems is that additional retrieval time is needed, caused by necessary reshuffles due to the improper storage sequence of unit loads. In practice therefore, a dedicated storage policy is used in which every storage lane in the system accommodates only one product. However, this policy does not use the planned arrival time infor...
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作者:Marschak, Thomas; Shanthikumar, J. George; Zhou, Junjie
作者单位:University of California System; University of California Berkeley; Purdue University System; Purdue University; Shanghai University of Finance & Economics
摘要:We study a newsvendor who can acquire the services of a forecaster, or, more generally, an information gatherer (IG) to improve his information about demand. When the IG's effort increases, does the average ex ante order quantity rise or fall? Do average ex post sales rise or fall? Improvements in information technology and in the services offered by forecasters provide motivation for the study of these questions. Much depends on our model of the IG and his efforts. We study an IG who sends a ...
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作者:Geismar, H. Neil; Murthy, Nagesh M.
作者单位:Texas A&M University System; Texas A&M University College Station; Mays Business School; University of Oregon
摘要:A paper manufacturing plant minimizes its production cost by using long production runs that combine the demands from its various customers. As jobs are completed, they are released to distribution for delivery. Deliveries are made by railcars, each of which is dedicated to one customer. Long production runs imply that maximizing railcar utilization requires holding the cars over several days or holding completed jobs within the loading facility. Each of these methods imposes a cost onto the d...
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作者:Hyndman, Kyle; Parmeter, Christopher F.
作者单位:University of Texas System; University of Texas Dallas; University of Miami
摘要:In 2008, Industry Canada auctioned 105MHz of spectrum to a group of bidders that included incumbents and potential new entrants into the Canadian mobile phone market, raising $4.25billion. In an effort to promote new entry, 40MHz of spectrum was set-aside for new entrants. In order to estimate the implicit cost of the set-aside provision, we estimate the parameters of the bidders' profit function via a maximum match estimator based on the notion of pairwise stability in matches. We find that a...
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作者:Chen, Hong; Qian, Qu; Zhang, Anming
作者单位:Shanghai Jiao Tong University; Singapore University of Social Sciences (SUSS); Shanghai University of Finance & Economics; University of British Columbia
摘要:This study develops a theoretical model and then, using Canadian joint replacement surgery data, empirically tests the relationship between government policies that promote privately funded health care and patients' waiting time in the public health care system. Two policies are tested: one policy allows opt-out physicians to extra-bill private patients, and the other provides public subsidies to private patients. We find that both policies are associated with shorter public waiting time, and ...
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作者:Bell, David; Gallino, Santiago; Moreno, Antonio
作者单位:University of Pennsylvania; Dartmouth College; Northwestern University