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作者：Bai, Tian; Kirshner, Samuel N.; Wu, Meng
作者单位：Xi'an Jiaotong University; University of New South Wales Sydney; Sichuan University
摘要：Experimental results support that overconfident newsvendors deviate from the optimal inventory levels to place orders closer to the mean of demand distributions, thereby lowering profits. To improve performance, we investigate whether nonstandard preferences based on prospect theory can manage overconfident newsvendors. We develop a framework where a manager determines a profit-based target, which serves as a reference point in the newsvendor's utility function. We show that target-setting can...
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作者：Chakravarty, Amiya K.
作者单位：Northeastern University
摘要：A rideshare platform acts as an aggregator that connects riders with ride providers (drivers). The drivers are independent workers who share a part of their revenue with the principal, who owns the platform. While drivers have flexible schedules, the fairness of labor contracts and control exercised by the principal have come into question lately. Suggested options include treating the drivers as employees and/or safeguarding a minimum income for them. We study a rideshare platform with blende...
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作者：Mehrotra, Mili; Schmidt, William
作者单位：University of Illinois System; University of Illinois Urbana-Champaign; Cornell University
摘要：Companies that experience a disruption in their supply chain often face a difficult decision-either accept the information that they have regarding the duration of the disruption, or invest in collecting better information. This choice is not clear since better information may not be attainable, and if it is attainable, it may not improve operational decision-making. In light of this dilemma, we collaborate with a multinational division of a Fortune 500 manufacturing firm to develop stochastic...
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作者：Fu, Ke; Gong, Xiting; Hsu, Vernon N.; Xue, Jiye
作者单位：Sun Yat Sen University; Chinese University of Hong Kong
摘要：This study considers a stochastic inventory management problem where a capital-constrained firm can obtain additional working capital through inventory-based financing (IBF) by pledging its inventory to obtain loans from a lender. We show that the firm's optimal inventory policy in each period may order new inventory up to a state-dependent order-up-to level subject to the firm's capital and IBF loan constraints, or salvage existing inventory down to a state-dependent salvage-down-to level. We...
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作者：Thevenin, Simon; Adulyasak, Yossiri; Cordeau, Jean-Francois
作者单位：IMT - Institut Mines-Telecom; IMT Atlantique; Universite de Montreal; HEC Montreal
摘要：Material Requirements Planning (MRP), a core component of enterprise resource planning (ERP) systems, is widely used by manufacturers to determine the production lot sizes of components. These lot sizes are typically computed based on deterministic and dynamic demand assumptions, while safety stocks, which hedge against demand uncertainty, are determined independently based on different assumptions. As the lot sizes and safety stocks are not determined simultaneously, sub-optimal decisions are...
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作者：Pei, Jun; Yan, Ping; Kumar, Subodha; Liu, Xinbao
作者单位：Hefei University of Technology; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University
摘要：The sharing economy has developed rapidly in recent years using both business-to-customer (B2C) and customer-to-customer (C2C) models. This has exerted a profound impact on incumbent firms that follow a traditional sales model. Although the effects of B2C or C2C sharing in certain scenarios have been studied by prior literature, the effect of external B2C sharing has not been considered. Furthermore, the possible distinction between the two sharing effects as well as incumbent firms' decisions...
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作者：Wilhelm, Miriam; Villena, Veronica H.
作者单位：University of Groningen; Arizona State University; Arizona State University-Tempe
摘要：As global brands assume more accountability for their extended supply chains, some request that their first-tier suppliers in turn adopt sustainable procurement practices, thereby cascading sustainability requirements to second-tier suppliers. However, such cascading has not yet become institutionalized. We partnered with a leading sustainability electronics company-here called Tronics-to investigate which Chinese suppliers are more likely to adopt sustainable procurement and when Tronics' pow...
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作者：Ritchken, Peter
作者单位：University System of Ohio; Case Western Reserve University; University of Cape Town
摘要：This commentary provides my own reflections on Risk Transmission Across Supply Chains Titman (Production and Operations Management, 2021).
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作者：Zhang, Zhe George; Yin, Xiaoling
作者单位：Lanzhou University; Simon Fraser University; Western Washington University; Zhejiang Gongshang University
摘要：This study considers a public service system consisting of two service providers with different service capacities and qualities, such as healthcare or transportation systems. Such a system is called a two-tier service system (TTS). The service provider with higher service capacity and quality charges a higher price and is called a charge service provider, denoted by CSP, while the other service provider charges a lower price and is called a free service provider, denoted by FSP. We study the ...
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作者：Schiffels, Sebastian; Voigt, Guido
作者单位：Technical University of Munich; University of Hamburg
摘要：We study a supply chain setup in which a buyer has private end customer demand information that she can share with the supplier. The demand information is relevant to the supplier's capacity decision. We address the question of whether the supplier benefits from installing nonlinear capacity reservation contracts rather than wholesale price contracts. We contribute to the literature by providing the first internally valid comparison of both contracts with human decision makers. We setup an exp...
