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作者:Ramanan, Ram N. V.; Bhargava, Hemant K.
作者单位:University of California System; University of California Davis
摘要:Conventional wisdom holds that adding layers to a distribution channel is detrimental to the interests of consumers and the channel that serves them. In contrast, our study indicates that a disintegrated channel structure can be desirable in some instances. When consumers have valuation uncertainty prior to consuming a product, having an independent retailer may boost both channel profits and consumer surplus relative to direct selling by an integrated firm. The quandary in selling such produc...
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作者:Sosa, Manuel E.
作者单位:INSEAD Business School
摘要:Design rework is a core phenomenon in new product development (NPD). Yet carrying out design rework presupposes recognizing the need for it. I characterize the types of interpersonal knowledge transfer that help developers realize the need for design rework in NPD. As predicted by the NPD literature, I find that individuals who interact frequently with colleagues to address their task interdependences are more likely to realize the need for rework. I also learn that interacting with colleagues...
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作者:Jacobs, Brian W.; Singhal, Vinod R.
作者单位:Michigan State University; Michigan State University's Broad College of Business; University System of Georgia; Georgia Institute of Technology
摘要:This article examines the effect of product development restructuring (PDR) on shareholder value. The results are based on a sample of 165 announcements made during 2002-2011. PDR announcements are associated with an economically and statistically significant positive stock market reaction. Over a two-day period (the day of the announcement and the day preceding the announcement), the mean (median) market reaction is 1.63% (0.87%). The market reaction is generally positive regardless of the PD...
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作者:Barz, Christiane; Kolisch, Rainer
作者单位:University of California System; University of California Los Angeles; Technical University of Munich
摘要:We formulate a discrete time Markov decision process for a resource assignment problem for multi-skilled resources with a hierarchical skill structure to minimize the average penalty and waiting costs for jobs with different waiting costs and uncertain service times. In contrast to most queueing models, our application leads to service times that are known before the job is actually served but only after it is accepted and assigned to a server. We formulate the corresponding Markov decision pr...
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作者:Huang, Tingliang; Van Mieghem, Jan A.
作者单位:University of London; University College London; Northwestern University
摘要:We consider firms that feature their products on the Internet but take orders offline. Click and order data are disjoint on such non-transactional websites, and their matching is error-prone. Yet, their time separation may allow the firm to react and improve its tactical planning. We introduce a dynamic decision support model that augments the classic inventory planning model with additional clickstream state variables. Using a novel data set of matched online clickstream and offline purchasin...
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作者:Buyukkaramikli, Nasuh C.; Gurler, Ulku; Alp, Osman
作者单位:Eindhoven University of Technology; Ihsan Dogramaci Bilkent University; Ted University
摘要:In this study, we consider the integrated inventory replenishment and transportation operations in a supply chain where the orders placed by the downstream retailer are dispatched by the upstream warehouse via an in-house fleet of limited size. We first consider the single-item single-echelon case where the retailer operates with a quantity based replenishment policy, (r,Q), and the warehouse is an ample supplier. We model the transportation operations as a queueing system and derive the opera...
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作者:Lu, Ye; Song, Miao
作者单位:City University of Hong Kong; University of Hong Kong
摘要:This paper studies the optimal policy for a periodic-review inventory system in which the production costs consist of a fixed cost and a piecewise linear convex variable cost. Such a cost function can arise from alternate sources of supply or from the use of overtime production. We fully characterize the structure of the optimal policy for the single-period problem. For the multi-period problem, the optimal policy can have disconnected production regions and complicated optimal produce-up-to l...
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作者:Sting, Fabian J.; Huchzermeier, Arnd
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作者:Savva, Nicos; Scholtes, Stefan
作者单位:University of London; London Business School; University of Cambridge
摘要:We study three contractual arrangements-co-development, licensing, and co-development with opt-out options-for the joint development of new products between a small and financially constrained innovator firm and a large technology company, as in the case of a biotech innovator and a major pharma company. We formulate our arguments in the context of a two-stage model, characterized by technical risk and stochastically changing cost and revenue projections. The model captures the main disadvanta...
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作者:Eftekhar, Mahyar; Masini, Andrea; Robotis, Andreas; Van Wassenhove, Luk N.
作者单位:Arizona State University; Arizona State University-Tempe; Hautes Etudes Commerciales (HEC) Paris; INSEAD Business School
摘要:This article aims to identify optimal vehicle procurement policies for organizations engaged in humanitarian development programs and to derive general insights on the characteristics of these policies. Toward that end, we follow an inductive approach. First, we study the operations of the International Committee of the Red Cross (ICRC) in three representative countries: Sudan, Afghanistan, and Ethiopia. Using a linear programming (LP) model primed with field data provided by the ICRC, we calc...