Production and Operations Management

最新文章

• On the Non-Equivalence of Trade-ins and Upgrades in the Presence of Framing Effect: Experimental Evidence and Implications for Theory AI翻译
  作者：Mahmoudzadeh, Mahdi
  作者单位：University System of Georgia; Georgia Institute of Technology
  摘要：Manufacturers of durable goods often buy back older versions of their products from customers to encourage them to switch to improved versions and to create control over product return streams in their closed-loop systems. Classical models and conventional wisdom have long ignored that the framing of these buyback schemes, whether through trade-ins or upgrades, can matter for theory. Using the reference-point shift mechanism, we provide experimental evidence that the alternative frames are not...
• Sourcing and Procurement Cost Allocation in Multi-Division Firms AI翻译
  作者：Fang, Fang; Natarajan, Harihara Prasad
  作者单位：California State University System; California State University Los Angeles; University of Miami
  摘要：Through Central Procurement Organizations (CPOs), large firms with multiple divisions have begun adopting a center-led sourcing approach that allows firms to centralize strategic sourcing activities, while permitting decentralized execution by divisions, allowing the firm to leverage large purchase volumes with vendors. This new center-led procurement environment has brought a new decision requirement: How should a CPO select vendors for each division's requirements to minimize the firm's tota...
• Coordinating Lot Sizing Decisions Under Bilateral Information Asymmetry AI翻译
  作者：Zissis, Dimitris; Ioannou, George; Burnetas, Apostolos
  作者单位：University of East Anglia; Athens University of Economics & Business; National & Kapodistrian University of Athens
  摘要：We consider inventory management decisions when manufacturing and warehousing are controlled by independent entities. The latter possess private information that affects their choices and are allowed to communicate via a mediator who attempts to streamline their decisions without restricting their freedom. The mediator designs a mechanism based on quantity discounts to minimize the overall system costs, attempting to reach a win-win situation for both entities. Using the Revelation Principle, ...
• Optimal Control of Parallel Queues for Managing Volunteer Convergence AI翻译
  作者：Zayas-Caban, Gabriel; Lodree, Emmett J.; Kaufman, David L.
  作者单位：University of Wisconsin System; University of Wisconsin Madison; University of Alabama System; University of Alabama Tuscaloosa; University of Michigan System; University of Michigan
  摘要：Volunteer convergence refers to the influx of volunteers to affected areas after large-scale disasters. There are not only many benefits to volunteer convergence, but it also creates significant logistical challenges that can impede relief efforts. This study examines polices for admitting volunteers into organized relief operations, and for assigning admitted volunteers to relief tasks. We represent this problem as a queueing system where, in addition to customer arrivals and departures, rand...
• Transaction Cost Economics As a Theory of Supply Chain Efficiency AI翻译
  作者：Ketokivi, Mikko; Mahoney, Joseph T.
  作者单位：IE University; University of Illinois System; University of Illinois Urbana-Champaign
  摘要：Transaction cost economics (TCE) is one of the most widely referenced organization theories in operations and supply chain management research. Even though TCE is a broadly applicable theory of governance, one of its specific topics of interest-the make-or-buy decision-readily aligns with some of the central research questions on how firms manage supply chains. However, both general management and operations management researchers sometimes misunderstand and misapply TCE's aims, assumptions, a...
• Multiperiod Inventory Management with Budget Cycles: Rational and Behavioral Decision-Making AI翻译
  作者：Becker-Peth, Michael; Hoberg, Kai; Protopappa-Sieke, Margarita
  作者单位：Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam; Kuhne Logistics University; University of Cologne
  摘要：We examine inventory decisions in a multiperiod newsvendor model. In particular, we analyze the impact of budget cycles in a behavioral setting. We derive optimal rational decisions and characterize the behavioral decision-making process using a short-sightedness factor. We test the aforementioned effect in a laboratory environment. We find that subjects reduce order-up-to levels significantly at the end of the current budget cycle, which results in a cyclic pattern during the budget cycle. Th...
• Maximizing Profit via Assortment and Shelf-Space Optimization for Two-Dimensional Shelves AI翻译
  作者：Huebner, Alexander; Schaefer, Fabian; Schaal, Kai N.
  作者单位：Technical University of Munich
  摘要：Product proliferation and changes in demand require that retailers regularly determine how items should be allocated to retail shelves. The existing shelf-space literature mainly deals with regular retail shelves onto which customers only have a frontal perspective. This study provides a modeling and solution approach for two-dimensional shelves, e.g., for meat, bread, fish, cheese, or clothes. These are categories that are kept on tilted shelves. Customers have a total perspective on these sh...
• Price and Lead time Disclosure Strategies in Inventory Systems AI翻译
  作者：Kostami, Vasiliki
  作者单位：Hautes Etudes Commerciales (HEC) Paris
  摘要：We consider a firm that faces the following pricing and leadtime disclosure decision. Either, (i) offer the same price to all arriving customers and disclose no leadtime information, in which case customers know only an expected leadtime, or, (ii) vary the price dynamically based on the current inventory status, and disclose leadtime information dynamically. The second option allows the firm to offer a price discount for a long leadtime, and to offer a short leadtime when it has a large invent...
• Robust Vehicle Pre-Allocation with Uncertain Covariates AI翻译
  作者：Hao, Zhaowei; He, Long; Hu, Zhenyu; Jiang, Jun
  作者单位：Dongbei University of Finance & Economics; National University of Singapore; National University of Singapore; National University of Singapore; National University of Singapore
  摘要：Motivated by a leading taxi operator in Singapore, we consider the idle vehicle pre-allocation problem with uncertain demands and other uncertain covariate information such as weather. In this problem, the operator, upon observing its distribution of idle vehicles, proactively allocates the idle vehicles to serve future uncertain demands. With perfect information of demand distribution, the problem can be formulated as a stochastic transportation problem. Yet, the non-stationarity and spatial ...
• Mitigating the Double-Blind Effect in Opaque Selling: Inventory and Information AI翻译
  作者：Li, Qing; Tang, Christopher S.; Xu, He
  作者单位：Hong Kong University of Science & Technology; University of California System; University of California Los Angeles; Huazhong University of Science & Technology
  摘要：Opaque selling is a marketing strategy under which firms sell end-of-the-season inventory of different products as a single opaque good and customers find out the specific products they actually get only after they have made the purchase. Opaque selling entails a double-blind process: customers do not know the inventory level of each product, and the seller does not know their product preferences. This double-blind process can result in customer dissatisfaction when customers do not receive th...