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作者:Durango-Cohen, Elizabeth J.; Yano, Candace A.
作者单位:Illinois Institute of Technology; University of California System; University of California Berkeley; University of California System; University of California Berkeley
摘要:We study a Forecast-Commitment contract motivated by a manufacturer's desire to provide good service in the form of delivery commitments in exchange for reasonable forecasts and a purchase commitment from the customer. The customer provides a forecast for a future order and a guarantee to purchase a portion of it. In return, the supplier commits to satisfy some or all of the forecast. The supplier pays penalties for shortfalls of the commitment quantity from the forecast, and for shortfalls of...
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作者:Zhang, Sheng Hao; Cheung, Ki Ling
作者单位:Xi'an Jiaotong University; Hong Kong University of Science & Technology
摘要:This paper considers a supply chain with one supplier and multiple retailers that face exogenous heterogeneous end-customer demands, where all parties utilize base-stock policies. Each retailer is restricted to order once in every order cycle and their orders are replenished in a balanced manner within the cycle. Our study investigates the impact of information sharing and advance order information (AOI) on the supply chain. We find that the supplier benefits from the two mechanisms via two im...
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作者:Chiu, Chun-Hung; Choi, Tsan-Ming; Tang, Christopher S.
作者单位:Hong Kong Polytechnic University; University of California System; University of California Los Angeles
摘要:Channel rebates and returns policies are common mechanisms for manufacturers to entice retailers to increase their order quantities and sales ultimately. However, when the underlying demand depends on the retail price, it has been known that channel coordination cannot be achieved if only one of these mechanisms is deployed. In this article, we show that a policy that combines the use of wholesale price, channel rebate, and returns can coordinate a channel with both additive and multiplicative...
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作者:Chen, Rachel R.; Roma, Paolo
作者单位:University of California System; University of California Davis; University of Palermo
摘要:Under group buying, quantity discounts are offered based on the buyers' aggregated purchasing quantity, instead of individual quantities. As the price decreases with the total quantity, buyers receive lower prices than they otherwise would be able to obtain individually. Previous studies on group buying focus on the benefit buyers receive in reduced acquisition costs or enhanced bargaining power. In this paper, we show that buyers can instead get hurt from such cooperation. Specifically, we co...
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作者:Ji, Yonghua; Kumar, Subodha; Mookerjee, Vijay S.; Sethi, Suresh P.; Yeh, Denny
作者单位:University of Alberta; Texas A&M University System; Texas A&M University College Station; Mays Business School; University of Texas System; University of Texas Dallas; Fu Jen Catholic University
摘要:We develop an optimal control model to maximize the net value provided by a software system over its useful life. The model determines the initial number of features in the system, the level of dynamic enhancement effort, and the lifetime of the system. The various factors affecting these optimal choices are systems characteristics (e.g., complexity, age, quality), user learning, and process maturity. We also consider that there is a time lag between the addition of a feature and the realizati...
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作者:Kachani, Soulaymane; Shmatov, Kyrylo
作者单位:Columbia University; Columbia University
摘要:We address the problem of simultaneous pricing of a line of several products, both complementary products and substitutes, with a number of distinct price differentiation classes for each product (e.g., volume discounts, different distribution channels, and customer segments) in both monopolistic and oligopolistic settings. We provide a generic framework to tackle this problem, consider several families of demand models, and focus on a real-world case-study example. We propose an iterative rel...
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作者:Chen, Chien-Ming; Delmas, Magali
作者单位:University of California System; University of California Los Angeles; University of California System; University of California Los Angeles
摘要:Aggregation of corporate social performance (CSP) metrics poses a major challenge to researchers and practitioners. This study provides a critical evaluation of current aggregation approaches and proposes a new methodology based on data envelopment analysis (DEA) to compute a CSP index. DEA is independent of subjective weight specifications and provides an efficiency index to benchmark the CSP of firms. Using CSP data from 2190 firms in three major industries from the Kinder, Lydenberg, and Do...
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作者:Price, Carter; Golden, Bruce; Harrington, Michael; Konewko, Ramon; Wasil, Edward; Herring, William
作者单位:RAND Corporation; University System of Maryland; University of Maryland College Park; University System of Maryland; University of Maryland Baltimore; Johns Hopkins University; Johns Hopkins Medicine; American University; University System of Maryland; University of Maryland College Park
摘要:When operating room schedules in hospitals are produced, the constraints and preferences of surgeons and hospital workers are a primary consideration. The downstream impact on post-operative bed availability is often ignored. This can lead to the boarding of patients overnight in the post-anesthesia care unit (PACU) because intensive care unit beds are unavailable. In this paper, we apply integer programming and simulation to develop improved surgical scheduling assignments. We want to balance...
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作者:Bendoly, Elliot
作者单位:Emory University
摘要:In models of optimal decision making, assumptions about managerial behavior are often made with the hope that the prescriptions offered by these models will be effective in practice, even if actual behavior occasionally strays from these assumptions. However, recent revenue management (RM) research has demonstrated what appear to be systematic deviations from normative models of decision making. These deviations can even be observed in relatively simple RM contexts. We suggest that technical e...
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作者:Kort, Peter M.; Zaccour, Georges
作者单位:Tilburg University; University of Antwerp; Universite de Montreal; HEC Montreal; Tilburg University
摘要:Deciding to open the source code of a software product has advantages and disadvantages. The disadvantage is that the firm loses the revenue from the software. The advantage is that the users' network can contribute to the quality of the software code, which increases the demand for the software and for a complementary product. Demand for the complementary product also goes up, because demand for a product increases when the price of its complement decreases, and under open source, the price o...