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作者：Shen, Hao; Liang, Yong; Shen, Zuo-Jun Max; Teo, Chung-Piaw
作者单位：Tsinghua University; Tsinghua University; University of California System; University of California Berkeley; University of California System; University of California Berkeley; National University of Singapore; National University of Singapore
摘要：It is well-known that adding a little flexibility to the right place is an effective strategy to improve the performance of operations in the face of demand uncertainties, to ensure high level of capacity utilization. However, given that system disruptions are ubiquitous, the legacy flexibility designs may perform poorly under disruptions to supply or capacity installations. In this study, we focus on the design of reliable and sparse flexibility structures that consistently meet a reasonable ...
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作者：Dong, James; Simsek, A. Serdar; Topaloglu, Huseyin
作者单位：Cornell University; University of Texas System; University of Texas Dallas
摘要：We consider pricing problems when customers choose under the Markov chain choice model. In this choice model, a customer arriving into the system is interested in a certain product with a certain probability. Depending on the price charged for this product, the customer decides whether to purchase the product. If the customer purchases the product, then she leaves the system. Otherwise, the customer transitions to another product or to the no purchase option with certain transition probabiliti...
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作者：Hopp, Wallace J.; Li, Jun; Wang, Guihua
作者单位：University of Michigan System; University of Michigan
摘要：The big data revolution is making vast amounts of information available in all sectors of the economy including health care. One important type of data that is particularly relevant to medicine is observational data from actual practice. In comparison to experimental data from clinical studies, observational data offers much larger sample sizes and much broader coverage of patient variables. Properly combining observational data with experimental data can facilitate precision medicine by enabl...
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作者：Dong, Lingxiu; Tang, Sammi Yu; Tomlin, Brian
作者单位：Washington University (WUSTL); University of Miami; Dartmouth College
摘要：Disruptions that temporarily interrupt production pose a significant risk for manufacturing firms. To manage this risk, firms can purchase interruption insurance and/or deploy operational measures such as storing inventory or taking preparedness actions that reduce the expected interruption length. In this study, we explore inventory, preparedness, and insurance in a two-stage production chain that can experience disruptions at either the upstream or downstream stage. We analytically character...
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作者：Wuttke, David A.; Donohue, Karen; Siemsen, Enno
作者单位：European Business School (EBS) University; University of Minnesota System; University of Minnesota Twin Cities; University of Wisconsin System; University of Wisconsin Madison
摘要：While suppliers are often an excellent source of product innovation for buyers, their propensity to undertake or continue a product development project can be elusive. This study examines how characteristics of the innovation project, including the type of project revenue, type of cost uncertainty, and the contract frame, influence the decision to accept, and subsequently continue, an innovation project. Through a series of controlled behavioral experiments, we find that acceptance rates incre...
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作者：Baardman, Lennart; Levin, Igor; Perakis, Georgia; Singhvi, Divya
作者单位：Massachusetts Institute of Technology (MIT); Johnson & Johnson; Johnson & Johnson USA; Massachusetts Institute of Technology (MIT)
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作者：Wei, Mike Mingcheng; Zhang, Fuqiang
作者单位：State University of New York (SUNY) System; University at Buffalo, SUNY; Washington University (WUSTL)
摘要：Motivated by emerging industry practices, this paper studies the effectiveness of a new advance selling strategy in counteracting strategic consumer behavior: the preorder contingent production (PCP) strategy, where the seller's production decision is contingent on an advance selling target. We find that compared to other advance selling strategies, such as the traditional advance selling strategy and the capacity rationing strategy, the PCP strategy is effective in mitigating strategic waitin...
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作者：Park, John H.; Kazaz, Burak; Webster, Scott
作者单位：Pepperdine University; Syracuse University; Arizona State University; Arizona State University-Tempe
摘要：The combination of insufficient funds and limited information regarding the demand in regions of desperate need presents a great challenge to many humanitarian organizations. This study examines how a humanitarian organization can minimize the expected shortage in delivering relief aid to regions of need, either though surface or air transportation, in the presence of demand uncertainty with a budget constraint. The study makes four contributions. First, we show that when there is reserved sup...
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作者：Ni, Wenjun; Shu, Jia; Song, Miao
作者单位：Southeast University - China; Hong Kong Polytechnic University
摘要：Pre-positioning emergency inventory in selected facilities is commonly adopted to prepare for potential disaster threat. In this study, we simultaneously optimize the decisions of facility location, emergency inventory pre-positioning, and relief delivery operations within a single-commodity disaster relief network. A min-max robust model is proposed to capture the uncertainties in both the left- and right-hand-side parameters in the constraints. The former corresponds to the proportions of th...
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作者：Srinivasan, Ravi; Swink, Morgan
作者单位：Loyola University Maryland; Texas Christian University
摘要：Many businesses are seeking to develop and exploit analytics capabilities today. Using organizational information processing theory (OIPT), we study demand visibility and supply visibility as foundational resources for analytics capability, and organizational flexibility as a complementary capability. We further examine relationships among these factors under varying conditions of market volatility, a type of environmental uncertainty. The results from our analysis of data from 191 global firm...
