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作者：Fu, Qi; Zhou, Sean X.; Chao, Xiuli; Lee, Chung-Yee
作者单位：Chinese University of Hong Kong; University of Michigan System; University of Michigan; Hong Kong University of Science & Technology
摘要：In this paper, we study a single-product periodic-review inventory system that faces random and price-dependent demand. The firm can purchase the product either from option contracts or from the spot market. Different option contracts are offered by a set of suppliers with a two-part fee structure: a unit reservation cost and a unit exercising cost. The spot market price is random and its realization may affect the subsequent option contract prices. The firm decides the reservation quantity fr...
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作者：Tanrisever, Fehmi; Erzurumlu, S. Sinan; Joglekar, Nitin
作者单位：Eindhoven University of Technology; Boston University; Babson College
摘要：Whether to invest in process development that can reduce the unit cost and thereby raise future profits or to conserve cash and reduce the likelihood of bankruptcy is a key trade-off faced by many startup firms that have taken on debt. We explore this trade-off by examining the production quantity and cost reducing R&D investment decisions in a two period model wherein a startup firm must make a minimum level of profit at the end of the first period to survive and operate in the second period....
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作者：Mehrotra, Mili; Dawande, Milind; Mookerjee, Vijay; Sriskandarajah, Chelliah
作者单位：University of Minnesota System; University of Minnesota Twin Cities; University of Texas System; University of Texas Dallas; Texas A&M University System; Texas A&M University College Station; Mays Business School
摘要：We study a problem faced by a secure-logistics provider (SLP) of maximizing profit by jointly pricing the services of fit-sorting and transporting cash along with the design of the supporting logistics network, in a market consisting of a population of Depository Institutions (DIs). The need to jointly price the services assumes significance because they are partial substitutes of one another. Our study finds that the influence of the logistics network on prices is especially strong when there...
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作者：Shu, Jun; Barton, Russell
作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要：Improvements in information technologies provide new opportunities to control and improve business processes based on real-time performance data. A class of data we call individualized trace data (ITD) identifies the real-time status of individual entities as they move through execution processes, such as an individual product passing through a supply chain or a uniquely identified mortgage application going through an approval process. We develop a mathematical framework which we call the Sta...
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作者：Cheng, Feng; Ettl, Markus; Lu, Yingdong; Yao, David D.
作者单位：International Business Machines (IBM); IBM USA; Columbia University
摘要：We study a hybrid pushpull production system with a two-stage manufacturing process, which builds and stocks tested components for just-in-time configuration of the final product when a specific customer order is received. The first production stage (fabrication) is a push process where parts are replenished, tested, and assembled into components according to product-level build plans. The component inventory is kept in stock ready for the final assembly of the end products. The second product...
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作者：Anderson, Chris K.; Xie, Xiaoqing
作者单位：Cornell University; Shanghai University of Finance & Economics
摘要：Opaque pricing is a form of pricing where certain characteristics of the product or service are hidden from the consumer until after purchase. In essence, opaque selling transforms a differentiated good into a commodity. Opaque pricing has become popular in service pricing as it allows firms to sell their differentiated product at higher prices to regular brand loyal customers while simultaneously selling to non-brand loyal customers at discounted prices. We use a nested logit model in combina...
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作者：Webster, Scott; Ruben, Robert A.; Yang, Kum-Khiong
作者单位：Syracuse University; Iowa State University; Singapore Management University
摘要：Bucket brigade order picking is a method for retrieving orders from a storage rack where workers follow a fixed sequence and dynamically adjust to variability in work content along the rack. The method is simple and has been shown to provide superior performance in many applications. In this article, we analyze how the location in which products are stored in the rack affects throughput. We identify conditions where storage decisions have a large impact on throughput (e.g., a 20% increase in p...
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作者：Wu, Zhengping; Kazaz, Burak; Webster, Scott; Yang, Kum-Khiong
作者单位：Singapore Management University; Syracuse University
摘要：In this article, we study the newsvendor problem with endogenous setting of price and quoted lead-time. This problem can be observed in situations where a firm orders semi-finished product prior to the selling season and customizes the product in response to customer orders during the selling season. The total demand during the selling season and the lead-time required for customization are uncertain. The demand for the product depends not only on the selling price but also on the quoted lead-...
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作者：Jabali, O.; Van Woensel, T.; de Kok, A. G.
作者单位：Universite de Montreal; HEC Montreal; Universite de Montreal; Eindhoven University of Technology
摘要：Due to the growing concern over environmental issues, regardless of whether companies are going to voluntarily incorporate green policies in practice, or will be forced to do so in the context of new legislation, change is foreseen in the future of transportation management. Assigning and scheduling vehicles to service a pre-determined set of clients is a common distribution problem. Accounting for time-dependent travel times between customers, we present a model that considers travel time, fu...
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作者：Ryan, Jennifer K.; Sun, Daewon; Zhao, Xuying
作者单位：Rensselaer Polytechnic Institute; University of Notre Dame
摘要：Online marketplaces, such as those operated by Amazon, have seen rapid growth in recent years. These marketplaces serve as an intermediary, matching buyers with sellers, whereas control of the good is left to the seller. In some cases, e.g., the Amazon marketplace system, the firm that owns and manages the marketplace system will also sell competing products through the marketplace system. This creates a new form of channel conflict, which is a focus of this article. We consider a setting in w...
