Production and Operations Management

最新文章

• Supply Contract Design for Competing Heterogeneous Suppliers under Asymmetric Information AI翻译
  作者：Li, Zhaolin; Ryan, Jennifer K.; Shao, Lusheng; Sun, Daewon
  作者单位：University of Sydney; Rensselaer Polytechnic Institute; University of Melbourne
  摘要：This study considers a supply chain with two heterogeneous suppliers and a common retailer whose type is either low-volume or high-volume. The retailer's type is unknown to the suppliers. The flexible supplier has a high variable cost and a low fixed cost, while the efficient supplier has a low variable cost and a high fixed cost. Each supplier offers the retailer a menu of contracts. The retailer chooses the contract that maximizes its expected profit. For this setting, we characterize the eq...
• Research and Management AI翻译
  作者：[Anonymous]
• Two Backorder Compensation Mechanisms in Inventory Systems with Impatient Customers AI翻译
  作者：Chen, Jian; Huang, Shuo; Hassin, Refael; Zhang, Nan
  作者单位：Tsinghua University; Tel Aviv University; Tsinghua University
  摘要：We study a compensation mechanism design problem with customer-choice behavior in a continuous review setting where the production and demand processes are stochastic. When a stockout occurs, the firm controls backorders on the basis of certain compensation policies. Customers make decisions to maximize their utility, which is decreasing in the price, the waiting time, and the customer's impatience factor. We assume that the impatience factor is private information held by the customer only. T...
• Revenue Management vs. Newsvendor Decisions: Does Behavioral Response Mirror Normative Equivalence? AI翻译
  作者：Kocabiyikoglu, Ayse; Gogus, Celile Itir; Gonul, M. Sinan
  作者单位：Ihsan Dogramaci Bilkent University; Middle East Technical University
  摘要：We study and compare decision-making behavior under the newsvendor and the two-class revenue management models, in an experimental setting. We observe that, under both problems, decision makers deviate significantly from normative benchmarks. Furthermore, revenue management decisions are consistently higher compared to the newsvendor order quantities. In the face of increasing demand variability, revenue managers increase allocations; this behavior is consistent with normative patterns when th...
• Decision Bias in Capacity Allocation Games with Uncertain Demand AI翻译
  作者：Chen, Yefen; Zhao, Xiaobo
  作者单位：Beihang University; Tsinghua University
  摘要：Existing studies on capacity allocation games have demonstrated that the standard Nash theory exaggerates retailers' tendency of ordering more than they need in the situation of supply shortage. Adding to the results in the literature, our experimental study with consideration of demand uncertainty demonstrates that the standard Nash theory also exaggerates retailers' tendency of telling the truth in their ordering strategy. To account for these systematic biases, based on the quantal response...
• Strategic Design Responsiveness: An Empirical Analysis of US Retail Store Networks AI翻译
  作者：Shockley, Jeff; Plummer, Lawrence A.; Roth, Aleda V.; Fredendall, Lawrence D.
• Special Issue of Production and Operations Management: Not for Profit Operations Management AI翻译
  作者：Berenguer, Gemma; Keskinocak, Pinar; Shanthikumar, J. George; Swaminathan, Jayashankar M.; Van Wassenhove, Luk
  作者单位：Purdue University System; Purdue University; University System of Georgia; Georgia Institute of Technology; University of North Carolina; University of North Carolina Chapel Hill; INSEAD Business School
• The Impact of Limited Supply on a Firm's Bundling Strategy AI翻译
  作者：Cao, Qingning; Stecke, Kathryn E.; Zhang, Jun
  作者单位：Chinese Academy of Sciences; University of Science & Technology of China, CAS; University of Texas System; University of Texas Dallas; Fudan University
  摘要：A firm's two-product bundling decision is examined when the supply of one product is limited and consumer valuations are normally distSteckeributed. The firm can choose to sell products separately and/or through a bundle. We find that the impact of limited supply on a firm's bundling decision depends on the correlation between the consumer valuations of the two products as well as the symmetry level of the two products in terms of their attractiveness (how much they are valued by consumers). W...
• Municipal Groundwater Management: Optimal Allocation and Control of a Renewable Natural Resource AI翻译
  作者：Murali, Karthik; Lim, Michael K.; Petruzzi, Nicholas C.
  作者单位：University of Illinois System; University of Illinois Urbana-Champaign
  摘要：We study a municipal groundwater management problem to determine optimal allocation and control policies in the presence of water transfer opportunities. We establish and characterize threshold polices governing export or import decisions of a given municipality. In the spirit of the Triple Bottom Line (3BL), we ascertain that exporting (importing) water through a water market defined by an exogenous export/import price is detrimental (beneficial) to both society and the environment within the...
• Sourcing with Deferred Payment and Inspection under Supplier Product Adulteration Risk AI翻译
  作者：Rui, Huaxia; Lai, Guoming
  作者单位：University of Rochester; University of Texas System; University of Texas Austin
  摘要：We study the deferred payment and inspection mechanisms for mitigating supplier product adulteration, with endogenous procurement decision and general defect discovery process. We first derive the optimal deferred payment contract, which reveals that either entire or partial deferral can arise, depending on the moral hazard severity and the information accumulation rate. Because of the supplier's incentive to adulterate, the optimal procurement quantity under deferred payment generally is smal...