Production and Operations Management

最新文章

• A Planning Approach to Revenue Management for Non-Guaranteed Targeted Display Advertising AI翻译
  作者：Shen, Huaxiao; Li, Yanzhi; Guan, Jingjing; Tso, Geoffrey K. F.
  作者单位：Sun Yat Sen University; City University of Hong Kong
  摘要：Many publishers of online display advertising sell their ad resources through event-based auctions in the spot market. Such a way of selling lacks a holistic view of the publisher's ad resource and thus suffers from a well-recognized drawback: the publisher's revenue is often not maximized, particularly due to users' dynamic ad clicking behavior and advertisers' budget constraints. In this study, we propose a planning approach for ad publishers to better allocate their ad resources. Specifical...
• The Effects of Auction-based Pricing Mechanisms and Social Characteristics on Microloan Performance AI翻译
  作者：Luo, Sirong; Mookerjee, Radha; Liu, Dengpan
  作者单位：Shanghai University of Finance & Economics; University of Texas System; University of Texas Dallas; Tsinghua University
  摘要：We empirically investigate the effects of a borrower's choice of auction-based pricing mechanisms and her social characteristics on listing outcomes and loan performance in online lending. Analyzing data from a leading online lending platform, we find that the borrower's choice of borrower pricing mechanism and being affiliated with a group are both associated with higher funding probability; thus, the lenders may interpret them as positive signals of creditworthiness of the borrower. However,...
• Attracting High-Quality Contestants to Contest in the Context of Crowdsourcing Contest Platform AI翻译
  作者：Chen, Pei-Yu; Pavlou, Paul; Wu, Shinyi; Yang, Yang
  作者单位：Arizona State University; Arizona State University-Tempe; University of Houston System; University of Houston
  摘要：Contests have long existed to source ideas and solutions. The emergence of crowdsourcing contest platforms greatly reduces the costs and broadens the reach of running contests by facilitating access to a large pool of labor, making contests a cost-efficient approach to procure ideas/solutions even for employers of limited resources. As a result, the use of contests surges and there is a flux of small-to-medium size contests to these platforms. This study focuses on these new waves of small-to-...
• How Coopetition Influences Environmental Performance: Role of Financial Slack, Leverage, and Leanness AI翻译
  作者：Modi, Sachin B.; Cantor, David E.
  作者单位：Wayne State University; Iowa State University
  摘要：Focal firms are struggling to improve their environmental performance for several reasons, including a scarcity of internal and external environmental resources. This study suggests that coopetition provides a boost to a focal firm's environmental performance. In particular, this research theorizes that a coopetitor firm's environmental performance has a spillover effect on a focal firm's environmental performance. This study also investigates the moderating role of a focal firm's financial sl...
• Multi-Stage Supply Chain with Production Uncertainty AI翻译
  作者：Feng, Qi; Ma, Zhongjie; Mao, Zhaofang; Shanthikumar, J. George
  作者单位：Purdue University System; Purdue University; Facebook Inc; Tianjin University
  摘要：With supply chains becoming increasingly extended, the uncertainties in the upstream production process can greatly affect the material flows that aim toward meeting the uncertain demands at the downstream. We analyze a two-location system in which the upstream production facility experiences random capacities and the downstream store faces random demands. Different from the widely used approach that seeks the decomposition of the profit function based on the echelon inventories, our approach ...
• Managing Cellphone Services for Customer Satisfaction: Evidence from the Base-of-the-Pyramid Markets AI翻译
  作者：Khuntia, Jiban; Mayya, Raveesh; Mithas, Sunil; Agarwal, Ritu
  作者单位：Children's Hospital Colorado; University of Colorado System; University of Colorado Denver; University of Colorado Anschutz Medical Campus; New York University; State University System of Florida; University of South Florida; University System of Maryland; University of Maryland College Park
  摘要：This study investigates how value-added services (VAS) and customer care services (CCS) moderate the association between satisfaction with the core telephone service and overall customer satisfaction in base-of-the-pyramid (BOP) markets. We propose that customers respond to VAS and CCS differently due to variations in price evaluations of these services. We further examine how the interactions among the service dimensions may differ for local and global telephone providers. We used an archival...
• Managing the Inter-Functional Tension between Accounting- and Financial-Profits in Remanufacturing Multiple-Usecycle Products AI翻译
  作者：Mutha, Akshay; Bansal, Saurabh; Guide, V. Daniel R.
  作者单位：University of Vermont; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
  摘要：We investigate the tension between accounting and financial functions of an OEM who manufactures and remanufactures capital-intensive products. The OEM operates a servicizing business model in which it leases a product, remanufactures the product returned at the end of the lease, and re-leases the remanufactured product (usecycle), with multiple such usecycles. The accounting function at the firm would suggest that the OEM: (i) recovers the initial manufacturing cost of the product over its us...
• Earning and Learning with Varying Cost AI翻译
  作者：Zhong, Ying; Hong, L. Jeff; Liu, Guangwu
  作者单位：University of Electronic Science & Technology of China; Fudan University; Fudan University; City University of Hong Kong
  摘要：We study a dynamic pricing problem where the observed cost in each selling period varies from period to period, and the demand function is unknown and only depends on the price. The decision maker needs to select a price from a menu of K prices in each period to maximize the expected cumulative profit. Motivated by the classical upper confidence bound (UCB) algorithm for the multi-armed bandit problem, we propose a UCB-Like policy to select the price. When the cost is a continuous random varia...
• Uncertainty Quantification for Demand Prediction in Contextual Dynamic Pricing AI翻译
  作者：Wang, Yining; Chen, Xi; Chang, Xiangyu; Ge, Dongdong
  作者单位：State University System of Florida; University of Florida; New York University; Xi'an Jiaotong University; Shanghai University of Finance & Economics
  摘要：Data-driven sequential decision has found a wide range of applications in modern operations management, such as dynamic pricing, inventory control, and assortment optimization. Most existing research on data-driven sequential decision focuses on designing an online policy to maximize revenue. However, the research on uncertainty quantification on the underlying true model function (e.g., demand function), a critical problem for practitioners, has not been well explored. In this study, using th...
• Fixing Phantom Stockouts: Optimal Data-Driven Shelf Inspection Policies AI翻译
  作者：Chen, Li
  作者单位：Cornell University
  摘要：A phantom stockout is a retail stockout phenomenon caused by unobserved inventory shrinkage. Unlike conventional stockouts that can be corrected by inventory replenishment, a phantom stockout persists and requires human inspection. In this study, we formulate such a problem as an infinite-horizon Bayesian dynamic program with joint inventory inspection and replenishment decisions. This problem is challenging to solve due to non-convexity and high dimensionality. However, we find that under the...