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作者：Zhou, Yangfang (Helen); Scheller-Wolf, Alan; Secomandi, Nicola; Smith, Stephen
作者单位：Singapore Management University; Carnegie Mellon University; Carnegie Mellon University
摘要：We investigate the management of a merchant wind energy farm co-located with a grid-level storage facility and connected to a market through a transmission line. We formulate this problem as a Markov decision process (MDP) with stochastic wind speed and electricity prices. Consistent with most deregulated electricity markets, our model allows these prices to be negative. As this feature makes it difficult to characterize any optimal policy of our MDP, we show the optimality of a stage- and par...
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作者：Nikoofal, Mohammad E.; Gumus, Mehmet
作者单位：Toronto Metropolitan University; McGill University
摘要：This paper develops a dyadic supply chain model with one buyer who contracts the manufacturing of a new product to a supplier. Due to the lack of experience in manufacturing, the extent of supply risk is unknown to both the buyer and supplier before the time of contract. However, after the contract is accepted, the supplier may invest in a diagnostic test to acquire information about his true reliability, and use this information when deciding on a process improvement effort. Using this settin...
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作者：Saha, Rajib Lochan; Seidmann, Abraham; Tilson, Vera
作者单位：Indian School of Business (ISB); University of Rochester
摘要：Manufacturers and distributors of expensive implants and other medical supplies often require buyers to sign non-disclosure agreements treating all information concerning negotiated prices as trade secrets. Such agreements make it difficult for hospitals to obtain accurate pricing benchmarks. To save on procurement costs and to obtain pricing information, most hospitals in the United States join group purchasing organizations (GPOs). GPOs are believed to lower procurement costs by aggregating ...
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作者：Altug, Mehmet Sekip; Sahin, Ozge
作者单位：George Washington University; Johns Hopkins University
摘要：Product launch and pricing decisions in the pharmaceutical industry across different countries are complex. Although introducing a newly developed drug to every country is beneficial to patients worldwide, doing so may have adverse implications for drug developers, such as the emergence of parallel imports. We study a pharmaceutical firm that already introduced a pioneering drug in its home country, where the product is protected by patent rules. The firm decides whether to launch in a second ...
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作者：Lu, Tao; Chen, Ying-Ju; Tomlin, Brian; Wang, Yimin
作者单位：Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam; Hong Kong University of Science & Technology; Hong Kong University of Science & Technology; Dartmouth College; Arizona State University; Arizona State University-Tempe
摘要：A vertical co-product technology simultaneously produces multiple outputs that differ along a rankable quality metric. Co-product manufacturers often sell products through a distributor. We examine a setting in which a manufacturer sells vertically differentiated co-products through a self-interested distributor to quality-sensitive end customers. The manufacturer determines its production, product line design, and wholesale prices. The distributor determines its purchase quantities and retail...
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作者：Abbey, James D.; Geismar, H. Neil; Souza, Gilvan C.
作者单位：Texas A&M University System; Texas A&M University College Station; Mays Business School; Indiana University System; Indiana University Bloomington; IU Kelley School of Business
摘要：Through analytical modeling and a numerical study grounded in observations from automotive remanufacturing, this study examines seeding-selling new products as remanufactured at the start of a new product's lifecycle-in order to increase core recovery quantities, to allow firms to start efficient remanufacturing earlier, and to fulfill demand for remanufactured products throughout the product's lifecycle. Though seeding has received little attention in the academic literature, many durable goo...
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作者：Qi, Anyan; Ahn, Hyun-Soo; Sinha, Amitabh
作者单位：University of Texas System; University of Texas Dallas; University of Michigan System; University of Michigan; Amazon.com
摘要：When a supplier serves multiple buyers, the buyers often reserve the supplier's capacity in advance to secure the supply to fulfill their demand. In this study, we analyze two common types of capacity reservation: exclusive and first-priority reservations. Both reservations give a buyer first access to its reserved capacity, but the reservations differ in how the leftovers (if any) are used. In most cases, as long as the buyer gets to use the reserved capacity first, it does not pay attention ...
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作者：Salem, Mojtaba; Van Quaquebeke, Niels; Besiou, Maria; Meyer, Louisa
作者单位：Kuhne Logistics University
摘要：International humanitarian organizations (IHOs) always strive to improve their operational performance in the field. While anecdotes from practice suggest that IHO field office leadership plays a crucial role in this regard, these claims have not been deeply substantiated by primary data. In response, we collected survey data from 125 humanitarian workers, concentrated in disaster response and development programs, on the issues of field office leadership and operational performance. Building ...
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作者：Wang, Tao; Liu, Bingsheng; Zhang, Jiaming; Li, Guijun
作者单位：Chongqing University; Tianjin University; Central University of Finance & Economics; Central University of Finance & Economics
摘要：Extreme precipitation caused by global climate change is expected to have a severe impact on urbanized areas. While decision-makers struggle with climate uncertainty, an effective infrastructure adaptation strategy attaches great importance to preventing disasters resulting from rainfall. We propose a decision-making model to incorporate the probability of rainfall disasters and recommend investing time when evaluating projects related to climate adaptation. We use a hydrological statistical m...
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作者：Sharma, Luv; Queenan, Carrie; Ozturk, Orgul
作者单位：University of South Carolina System; University of South Carolina Columbia
摘要：Health care organizations have substantially invested in Health Information Technology (HIT) as part of an effort to improve quality. However, many hospitals fail to generate positive returns on this significant investment, based on reimbursements for quality measures through the Affordable Care Act (ACA). Given the high cost of lawsuits, we investigate if HIT adoption reduces lawsuits, and their attendant costs, as another consideration in HIT payoffs. We use operational transparency theory t...
