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作者:Chen, Ying-Ju; Deng, Mingcherng
作者单位:Hong Kong University of Science & Technology; Hong Kong University of Science & Technology; City University of New York (CUNY) System; Baruch College (CUNY)
摘要:While there have been vast discussions on the materialistic benefits of continuous improvement from the Toyota and Honda experiences, the academic literature pays little attention to information sharing. In this study, we construct a dynamic adverse selection model in which the supplier privately observes her production efficiency, and in the contractual duration the manufacturer obtains an informative but imprecise signal regarding this private efficiency. We show that despite the disclosure ...
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作者:Gupta, Shivam; Chen, Wei; Dawande, Milind; Janakiraman, Ganesh
作者单位:University of Texas System; University of Texas Dallas; University of Kansas
摘要:Descending mechanisms for procurement (or, ascending mechanisms for selling) have been well-recognized for their simplicity from the viewpoint of bidders-they require less bidder sophistication as compared to sealed-bid mechanisms. In this study, we consider procurement under each of two types of constraints: (1) Individual/Group Capacities: limitations on the amounts that can be sourced from individual and/or subsets of suppliers, and (2) Business Rules: lower and upper bounds on the number o...
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作者:Huang, Tingliang; Liu, Qian
作者单位:Boston College; Hong Kong University of Science & Technology
摘要:In retailing industries, such as apparel, sporting goods, customer electronics, and appliances, many firms deploy sophisticated modeling and optimization software to conduct dynamic pricing in response to uncertain and fluctuating market conditions. However, the possibility of markdown pricing creates an incentive for customers to strategize over the timing of their purchases. How should a retailing firm optimally account for customer behavior when making its pricing and stocking/capacity deci...
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作者:Narayanan, Arunachalam; Moritz, Brent B.
作者单位:University of Houston System; University of Houston; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要:Supply chain performance often depends on the individual decisions of channel members. Even when individuals have access to relevant information, order variation tends to increase when moving up the supply chain, a phenomenon known as the bullwhip effect. While prior research has investigated several structural/environmental factors which can mitigate the bullwhip effect, the underlying behavioral factors contributing to it are an open question. Using a production and distribution decision-mak...
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作者:Pang, Zhan; Berman, Oded; Hu, Ming
作者单位:Lancaster University; City University of Hong Kong; University of Toronto
摘要:In the classic revenue management (RM) problem of selling a fixed quantity of perishable inventories to price-sensitive non-strategic consumers over a finite horizon, the optimal pricing decision at any time depends on two important factors: consumer valuation and bid price. The former is determined exogenously by the demand side, while the latter is determined jointly by the inventory level on the supply side and the consumer valuations in the time remaining within the selling horizon. Becaus...
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作者:Geng, Xin; Huh, Woonghee Tim; Nagarajan, Mahesh
作者单位:University of British Columbia
摘要:We look at a simple service system with two servers serving arriving jobs (single class). Our interest is in examining the effect of routing policies on servers when they care about fairness among themselves, and when they can endogenously choose capacities in response to the routing policy. Therefore, we study the two-server game where the servers' objective functions have a term explicitly modeling fairness. Moreover, we focus on four commonly seen policies that are from one general class. T...
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作者:Schmidt, William; Gaur, Vishal; Lai, Richard; Raman, Ananth
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作者:Li, Zhuoxin; Gilbert, Stephen M.; Lai, Guoming
作者单位:University of Texas System; University of Texas Austin
摘要:The objective of this study was to extend existing understanding of supplier encroachment to contexts in which there is information asymmetry and the supplier can use nonlinear pricing. Prior research has shown that supplier encroachment can mitigate double marginalization and thus benefit both the supplier and the reseller. However, under symmetric information, this benefit disappears if the supplier can use nonlinear pricing. In our model, the reseller observes the true market size while the...
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作者:Cheng, Hsing Kenneth; Li, Shengli; Liu, Yipeng
作者单位:State University System of Florida; University of Florida; Xi'an Jiaotong University; University of Illinois System
摘要:Limited version, time-locked, and hybrid are three software free trial strategies employed by software firms to exploit increased installed base and/or reduction of consumers' uncertainty about software quality. We develop an analytical model to examine these three software free trial strategies. We find that the hybrid strategy weakly dominates the limited and time-locked versions, and the intensity of the network effects is a key factor determining which strategy is optimal.
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作者:Brinkhoff, Andreas; Oezer, Oezalp; Sargut, Goekce
作者单位:University of Texas System; University of Texas Dallas; Governors State University
摘要:This study examines the antecedents of supply chain project success. We first propose and test a model that describes the role of relationship-level factors (trust and asymmetric dependence) and project-level factors (between-firm communication and within-firm commitment) in determining supply chain project success. We find that project-level factors completely mediate the effect of trust on project success. We conclude that trust, despite being a stronger predictor compared to asymmetric depe...