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作者:Wang (Shane), Xin; Li, Xi; Kopalle, Praveen K.
作者单位:Virginia Polytechnic Institute & State University; University of Hong Kong; Dartmouth College
摘要:Nowadays, firms frequently use big data and pricing algorithms to offer consumers personalized prices according to their willingness to pay. Advances in information technologies have further facilitated the use of customized pricing, which we consider an important facet of transformative marketing. At the outset, personalized pricing may appear to reduce the asymmetry of information between the firm and consumers, and benefits the firm but hurts consumers. To investigate this view, we consider...
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作者:Zhang, Ying; Narayanan, Sriram; Soun, Tharo; Deb, Kalyanmoy; Cole, Dustin
作者单位:Santa Clara University; Michigan State University; Michigan State University's Broad College of Business; Michigan State University; Michigan State University; Auburn University System; Auburn University; Michigan State University; Michigan State University's Broad College of Business
摘要:The United Nations Sustainable Development Goals have recently emphasized the importance of diversity inclusion. Motivated by this goal, we examine the impact of employing individuals with disabilities in apparel manufacturing cells on overall team productivity (PD). We formulate a series of deterministic and stochastic PD maximization assignment problems to study the impact of disability inclusion on a production line. We extend the baseline PD maximization formulation to study a multi-object...
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作者:Gao, Yinshi (Agnes); Bansal, Saurabh; Guide Jr, V. Daniel R.
作者单位:Chinese Academy of Sciences; University of Chinese Academy of Sciences, CAS; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; Chinese Academy of Sciences; University of Chinese Academy of Sciences, CAS
摘要:Customers of many original equipment manufacturers (OEMs) in business-to-business markets today demand product servicizing in which instead of buying the product from the OEM they buy the use of a product during a lease. During the lease, (i) the customer uses the product and returns it to the OEM after the use reaches a specific level, (ii) the OEM remanufactures the product in a costly process and sends it back to the customer, and this usecycle is repeated multiple times. The lease terms ty...
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作者:Senoner, Julian; Kratzwald, Bernhard; Kuzmanovic, Milan; Netland, Torbjorn H.; Feuerriegel, Stefan
作者单位:Swiss Federal Institutes of Technology Domain; ETH Zurich; University of Munich; Swiss Federal Institutes of Technology Domain; ETH Zurich
摘要:To meet order fulfillment targets, manufacturers seek to optimize production schedules. Machine learning can support this objective by predicting throughput times on production lines given order specifications. However, this is challenging when manufacturers produce customized products because customization often leads to changes in the probability distribution of operational data-so-called distributional shifts. Distributional shifts can harm the performance of predictive models when deployed...
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作者:Roemer, Nils; Souza, Gilvan C.; Troester, Christian; Voigt, Guido
作者单位:University of Hamburg; University of Tennessee System; University of Tennessee Knoxville; Kuhne Logistics University; University of Hamburg
摘要:Carbon emissions reduction initiatives have received considerable attention at the corporate level. Companies such as Daimler, Apple, and Amazon have publicly declared their goal of becoming carbon neutral or net zero in a near future. They are responding to a growing demand for sustainable products and services. Companies have a variety of options for carbon emission reductions available to them, including internal reductions such as adopting renewable energy as well as buying carbon offsets....
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作者:Nikoofal, Mohammad Ebrahim; Pourakbar, Morteza; Gumus, Mehmet
作者单位:Toronto Metropolitan University; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam; McGill University
摘要:Global trade is seafaring commerce; 90% of traded goods are carried by maritime transport, which has become vulnerable to security risks. This has led governments to initiate security programs serving tens of thousands of members worldwide. This paper studies the government's incentive design and the interaction between Customs inspection capacity and the incentives offered in security programs. Using the theory of incentives, we investigate the value of a partnership in improving the security...
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作者:Murthy, Nagesh N. N.; Nagaraja, Haikady N. N.; Berenji, Hossein Rikhtehgar
作者单位:University of Oregon; University System of Ohio; Ohio State University; Pacific University
摘要:Aggressive overlapping of stochastic activities during phases of vaccine development has been critical to making effective vaccines for COVID-19 available to the public, at pandemic speed. In cyclical projects wherein activities can be overlapped, downstream tasks may need rework on account of having commenced prior to receiving requisite information that is only available upon completion of upstream task(s). We provide a framework to understand the interplay between stochastic overlap duratio...
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作者:Menon, Rahul; Nan, Lin
作者单位:Purdue University System; Purdue University; Purdue University System; Purdue University
摘要:This study examines the optimal reporting time a regulator should choose for firms to report their information when the firms' effort choices influence the outcome of projects. Our analysis shows that, the regulator's optimal choice of reporting time to maximize overall efficiency is contingent on a trade-off between motivating a firm's effort to improve the outcome and saving the liquidation value for the creditor to reduce the firm's financing cost. We also find that to induce the firm's eff...
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作者:Chen, Weiwei; Gao, Siyang; Chen, Wenjie; Du, Jianzhong
作者单位:Rutgers University System; Rutgers University New Brunswick; City University of Hong Kong; Southern University of Science & Technology; Southern University of Science & Technology; Fudan University
摘要:The service sector has become increasingly important in today's economy. To meet the rising expectation of high-quality services, efficiently allocating resources is vital for service systems to balance service qualities with costs. In particular, this paper focuses on a class of resource allocation problems where the service-level objective and constraints are in the form of probabilistic measures. Further, process complexity and system dynamics in service systems often render their performan...
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作者:Liao, Chen-Nan; Chen, Ying-Ju; Chen, Vincent (Pei-Ming)
作者单位:National Taiwan University; Hong Kong University of Science & Technology; University of California System; University of California Berkeley; National Taiwan University
摘要:Medical rumors have become a threat to modern society. To study the spread and control of rumors, nonlinear differential equations modeling with the well-mixed assumption is commonly used. However, this approach ignores the underlying network structure which plays an important role in information spreading. We establish a generalized differential equations model to study the spread and control of medical rumors in a highly asymmetric social network. In our model, each node represents a group o...