Production and Operations Management

最新文章

• Leveraging Big Data to Balance New Key Performance Indicators in Emergency Physician Management Networks AI翻译
  作者：Foster, Krista; Penninti, Pooja; Shang, Jennifer; Kekre, Sunder; Hegde, Gajanan G.; Venkat, Arvind
  作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh; Carnegie Mellon University; Carnegie Mellon University; Allegheny Health Network
  摘要：Managing emergency physicians is a complex task and has increasingly intensified with the recent consolidation of many emergency departments (EDs). Large-scale physician groups are facing challenges in resource deployment and performance evaluation. To objectively evaluate physicians across facilities, we leverage big data from an emergency physician management network and propose data-driven metrics using a large-scale database consisting of 84 hospitals, 1,079 physicians, and 10,615,879 pati...
• Conditional Promotions and Consumer Overspending AI翻译
  作者：Amornpetchkul, Thunyarat (Barn); Ahn, Hyun-Soo; Sahin, Ozge
  作者单位：National Institute of Development Administration - Thailand; University of Michigan System; University of Michigan; Johns Hopkins University
  摘要：This study investigates the effects of conditional promotions (e.g., buy 2 or more, get 30% off; spend $50 or more, get $15 off) on consumer behavior and the seller's profit. When a deal is presented with a minimum purchase quantity or a minimum spending requirement, experimental studies have shown some consumers are induced to spend more in order to obtain a discount. To study this behavior, we model a market in which consumers can be heterogeneous in two dimensions: willingness to pay for th...
• On the Properties of Yield Distributions in Random Yield Problems: Conditions, Class of Distributions and Relevant Applications AI翻译
  作者：Kouvelis, Panos; Xiao, Guang; Yang, Nan
  作者单位：Washington University (WUSTL); Hong Kong Polytechnic University; University of Miami
  摘要：In this study, we propose two technical assumptions to ensure the unimodality of the objective functions in two classes of price and quantity decision problems with one procurement opportunity under supply random yield and deterministic demand in a price-setting environment. The first class of problems involves a decentralized supply chain/assembly system under different configurations, and the second class focuses on a single firm's price and quantity decisions under different contracts, paym...
• Should You Kill or Embrace Your Competitor: Cloud Service and Competition Strategy AI翻译
  作者：Li, Bo; Kumar, Subodha
  作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University
  摘要：Cloud services have grown rapidly in recent years as a new form of service, but there exists scant research on the competition and service offering strategies of cloud service providers. We study these strategic choices by considering a setting where an incumbent cloud service provider may offer two service classes (premium and standard) and an entrant provider may offer the standard service. We analyze two competitive strategies the incumbent provider: (a) deterring competitor entry, and (b) ...
• Advertising Competition on the Internet: Operational and Strategic Considerations AI翻译
  作者：Liu, Dengpan; Mookerjee, Vijay
  作者单位：Tsinghua University; University of Texas System; University of Texas Dallas
  摘要：The emerging click-based pricing models for Internet advertising provide the firm with two possible decision processes to manage an advertising campaign, namely, spending-based and traffic-based. The spending-based process starts with the spending budget and determines the traffic accordingly, whereas the traffic-based process starts with a target level of traffic and determines the spending budget accordingly. We consider a duopoly where two electronic retailing firmsthat compete for customer...
• A Behavioral Remedy for the Censorship Bias AI翻译
  作者：Tong, Jordan; Feiler, Daniel; Larrick, Richard
  作者单位：University of Wisconsin System; University of Wisconsin Madison; Dartmouth College; Duke University
  摘要：Existing evidence suggests that managers exhibit a censorship bias: demand beliefs tend to be biased low when lost sales from stockouts are unobservable (censored demand) compared to when they are observable (uncensored demand). We develop a non-constraining, easily implementable behavioral debias technique to help mitigate this tendency in demand forecasting and inventory decision-making settings. The debiasing technique has individuals record estimates of demand outcomes (REDO): participants...
• Product Portfolio Restructuring: Methodology and Application at Caterpillar AI翻译
  作者：Shunko, Masha; Yunes, Tallys; Fenu, Giulio; Scheller-Wolf, Alan; Tardif, Valerie; Tayur, Sridhar
  作者单位：University of Washington; University of Washington Seattle; University of Miami; Caterpillar Inc; Carnegie Mellon University
  摘要：We develop a three-step methodology to restructure a product line by quantifying the restructuring's likely effects on revenues and costs: (i) Constructing migration lists to capture customer preferences and willingness to substitute; (ii) Explicitly capturing the (positive and negative) cost of complexity across different functional areas, using statistical analysis of cost data; and (iii) Integrating these tools within a mathematical optimization program to produce a final product line, inco...
• Drug Pricing for Competing Pharmaceutical Manufacturers Distributing through a Common PBM AI翻译
  作者：Kouvelis, Panos; Xiao, Yixuan; Yang, Nan
  作者单位：Washington University (WUSTL); City University of Hong Kong; University of Miami
  摘要：We study the price competition among multiple branded drug manufacturers when their drugs are distributed through a common pharmacy benefit manager (PBM). The PBM develops a drug benefit plan for its clients, which includes a formulary list that specifies the copayment for each branded drug, and a list of prices to be charged to the clients for each of the branded and generic drugs. Client organizations decide whether to contract with the PBM and pay the majority of drug costs, while the plan ...
• Can Strategic Customer Behavior Speed Up ProductInnovation? AI翻译
  作者：Liang, Chao; Cakanyildirim, Metin; Sethi, Suresh P.
  作者单位：University of Texas System; University of Texas Dallas
  摘要：We study a monopolistic firm which introduces two product versions sequentially in two periods. We analyze and compare the firm's decisions on the innovation level of the new version, the production quantities and prices of both versions, and the associated profit in four settings: when the customers are myopic or strategic in period 1 and whether the leftover inventory of the old version is phased out from the market (single rollover strategy) or is sold in the market (dual rollover strategy)...
• Paying for Teamwork: Supplier Coordination with Endogenously Selected Groups AI翻译
  作者：Fan, James; Kwasnica, Anthony M.; Thomas, Douglas J.
  作者单位：Johns Hopkins University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; University of Virginia
  摘要：We experimentally investigate horizontal coordination between suppliers where group output is limited by the lowest-performing member and groups are formed endogenously. All participants first choose between one of two groups, where one group has an entry fee. Participants then simultaneously make capacity choices, and the minimum choice within each group dictates profits for group members. Allowing participants to select their group, thereby indirectly determining the group size, has strong i...