Production and Operations Management

最新文章

• Unsold Versus Unbought Commitment: Minimum Total Commitment Contracts with Nonzero Setup Costs AI翻译
  作者：Yuan, Quan; Chua, Geoffrey A.; Liu, Xing; Chen, Youhua (Frank)
  作者单位：Wuhan University; Nanyang Technological University; City University of Hong Kong
  摘要：We study a minimum total commitment (MTC) contract embedded in a finite-horizon periodic-review inventory system. Under this contract, the buyer commits to purchase a minimum quantity of a single product from the supplier over the entire planning horizon. We consider nonstationary demand and per-unit cost, discount factor, and non-zero setup cost. Because the formulations used in existing literature are unable to handle our setting, we develop a new formulation based on a state transformation ...
• Concerning Workload Control and Order Release: The Pre-Shop Pool Sequencing Decision AI翻译
  作者：Thuerer, Matthias; Land, Martin J.; Stevenson, Mark; Fredendall, Lawrence D.; Godinho Filho, Moacir
  作者单位：Jinan University; University of Groningen; Lancaster University; Clemson University; Universidade Federal de Sao Carlos
  摘要：Every production planning concept that incorporates controlled order release will initially withhold jobs from the shop floor and create a pre-shop pool. Order release is a key component of the Workload Control concept that aims to maintain work-in-process within limits while ensuring due dates are met. Order release includes two decisions: (i) a sequencing decision that establishes the order in which jobs are considered for release; and, (ii) a selection decision that determines the criteria ...
• The Impact of Costliness, Competitive Importance, and Modularity of Investments on Outsourcing AI翻译
  作者：Grahovac, Jovan; Parker, Geoffrey; Shittu, Ekundayo
• Impulse Balance and Multiple-Period Feedback in the Newsvendor Game AI翻译
  作者：Ockenfels, Axel; Selten, Reinhard
  作者单位：University of Cologne
  摘要：Human subjects in the newsvendor game place suboptimal orders: orders are typically between the expected profit-maximizing quantity and mean demand (pull-to-center bias). In previous work, we have shown that impulse balance equilibrium (IBE), which is based on a simple ex post rationality principle along with an equilibrium condition, can predict ordering decisions in the laboratory. In this study, we extend IBE to standing orders and multiple-period feedback and show that it predicts-in line ...
• Economic Manufacturing Quantity and Its Integrating Implications AI翻译
  作者：Moily, Jaya P.
  作者单位：University System of Maryland; University of Baltimore
  摘要：Several contradictions are noted among the Economic Order Quantity (EOQ), Just-In-Time (JIT), and Optimized Production Technology (OPT) approaches and the economic framework for profit maximization. A fundamental model referred to as the Economic Manufacturing Quantity (EMO) is developed and examined for its integrating implications for the three approaches. An implication for the classic EOQ approach is that the balance between setup and inventory carrying costs is valid when a production fac...
• Online Manufacturer Referral to Heterogeneous Retailers AI翻译
  作者：Wu, Hao; Cai, Gangshu (George); Chen, Jian; Sheu, Chwen
  作者单位：Tsinghua University; Santa Clara University; Tsinghua University; Kansas State University
  摘要：Since the development of the Internet, thousands of manufacturers have been referring consumers visiting their websites to some or all of their retailers. Through a model with one manufacturer and two heterogeneous retailers, we investigate whether it is an equilibrium for the manufacturer to refer consumers exclusively to a retailer or nonexclusively to both retailers. Our analysis indicates that nonexclusive referral is the manufacturer's equilibrium choice if the referral segment market siz...
• Competition and Coordination in a Two-Channel Supply Chain AI翻译
  作者：David, Amy; Adida, Elodie
  作者单位：Purdue University System; Purdue University; University of California System; University of California Riverside
  摘要：We study competition and coordination in a supply chain in which a single supplier both operates a direct channel and sells its product through multiple differentiated retailers. We study analytically the supply chain with symmetric retailers and find that the supplier prefers to have as many retailers as possible in the market, even if the retailers' equilibrium retail price is lower than that of the supplier, and even if the number of retailers and their cost or market advantage prevent sale...
• An Integrated Text Analytic Framework for Product Defect Discovery AI翻译
  作者：Abrahams, Alan S.; Fan, Weiguo; Wang, G. Alan; Zhang, Zhongju (John); Jiao, Jian
  作者单位：Virginia Polytechnic Institute & State University; Virginia Polytechnic Institute & State University; Virginia Polytechnic Institute & State University; Shanghai University of Finance & Economics; University of Connecticut; Microsoft
  摘要：The recent surge in the usage of social media has created an enormous amount of user-generated content (UGC). While there are streams of research that seek to mine UGC, these research studies seldom tackle analysis of this textual content from a quality management perspective. In this study, we synthesize existing research studies on text mining and propose an integrated text analytic framework for product defect discovery. The framework effectively leverages rich social media content and quan...
• Dynamic Pricing of New Services in Subscription Markets AI翻译
  作者：Penmetsa, Nabita; Gal-Or, Esther; May, Jerrold
  作者单位：Utah System of Higher Education; University of Utah; Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh
  摘要：We analyze the dynamic price discrimination strategies of a monopolist who offers new services on a subscription basis. Access to customers' subscription histories permits the monopolist to design pricing policies that can be based on customers' past purchase behavior, and on the time period in which they made their purchases. Uncertainty regarding the value of new features, and heterogeneity in consumers' valuation for existing features, creates inter-temporal incentives that influence both p...
• Requirement or Promise? An Analysis of the First-Mover Advantage in Quality Contracting AI翻译
  作者：Yan, Xinghao; Zhao, Hui; Tang, Kwei
  作者单位：Western University (University of Western Ontario); Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; National Chengchi University
  摘要：Quality contracting is critical and challenging due to the many unique issues related to quality. In this study, we analyze the first-mover right in quality contracting by considering two different strategies for the buyer: the quality requirement strategy (QR) where buyer moves first by posting quality requirement to suppliers and quality promise strategy (QP) where buyer voluntarily gives up the first-mover right to suppliers to ask them to promise quality. We study which strategy (1) better...