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作者:Strauss, Arne K.; Talluri, Kalyan
作者单位:University of Warwick; Imperial College London
摘要:Discrete-choice models are widely used to model consumer purchase behavior in assortment optimization and revenue management. In many applications, each customer segment is associated with a consideration set that represents the set of products that customers in this segment consider for purchase. The firm has to make a decision on what assortment to offer at each point in time without the ability to identify the customer's segment. A linear program called the Choice-based Deterministic Linear...
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作者:Kirshner, Samuel Nathan; Levin, Yuri; Nediak, Mikhail
作者单位:University of New South Wales Sydney; Queens University - Canada
摘要:Brand commitment and the risk of product failure play an important role in the timing of upgrades for a durable product in the presence of stochastic technology advancements. Higher brand commitment makes a firm less vulnerable to sales erosion in an incumbent product due to a technology lag. However, the firm is more susceptible to profit loss from the risk of a failed product. We show that under these circumstances, a firm's optimal upgrade strategy is characterized by a threshold policy bas...
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作者:Allon, Gad; Bassamboo, Achal; Cil, Eren B.
作者单位:University of Pennsylvania; Northwestern University; University of Oregon
摘要:L arge-scale, web-based service marketplaces have recently emerged as a new resource for customers who need quick resolutions for their short-term problems. Due to the temporary nature of the relations between customers and service providers (agents) in these marketplaces, customers may not have an opportunity to assess the ability of an agent before their service completion. On the other hand, the moderating firm has a more sustained relationship with agents, and thus it can provide customers...
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作者:Aviv, Yossi; Bazhanov, Andrei; Levin, Yuri; Nediak, Mikhail
作者单位:Tel Aviv University; Queens University - Canada
摘要:Legal studies usually treat a policy of a manufacturer or retailer as socially harmful if it reduces product output and increases the price. We consider a two-period model where the first-period price is fixed and resellers endogenously decide to use meet-the-competition clause with a most-favored-customer clause (MFC) to counteract strategic customer behavior. As a result of MFC, the second-period (reduced) price increases and resellers' inventories decrease. However, customer surplus may inc...
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作者:Wang, Lan; Cai, Gangshu (George); Tsay, Andy A.; Vakharia, Asoo J.
作者单位:California State University System; California State University East Bay; Santa Clara University; State University System of Florida; University of Florida
摘要:A key attribute of a remanufacturing strategy is the division of labor in the reverse channel, especially whether remanufacturing is performed in-house or outsourced. We investigate this decision for a retailer who accepts returns of a remanufacturable product. Our formulation considers the cost structures of the two strategies, uncertainty in the input quality of the collected/returned used products, consumer willingness-to-pay for remanufactured product, the extent to which the remanufacture...
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作者:Hu, Shanshan; Wan, Zhixi; Ye, Qing; Chi, Wei
作者单位:Indiana University System; IU Kelley School of Business; Indiana University Bloomington; University of Oregon; Tsinghua University
摘要:Many manufacturers ensure supply capacity by using more than one supplier and sharing their capacity investment costs via supplier development programs. Their suppliers face competitive pressure from peers despite the reduced capacity investment cost. Although standard game theory makes clear prediction that cost sharing increases the suppliers' capacity choice and supply chain profit, the complex decision environment of capacity competition makes it interesting to test whether the theory pred...
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作者:Chen, Zhi-Long; Hall, Nicholas G.; Kellerer, Hans
作者单位:University System of Maryland; University of Maryland College Park; University System of Ohio; Ohio State University; University of Graz
摘要:We consider a dynamic pricing problem that involves selling a given inventory of a single product over a short, two-period selling season. There is insufficient time to replenish inventory during this season, hence sales are made entirely from inventory. The demand for the product is a stochastic, nonincreasing function of price. We assume interval uncertainty for demand, that is, knowledge of upper and lower bounds but not a probability distribution, with no correlation between the two period...
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作者:Massimino, Brett; Gray, John V.; Boyer, Kenneth K.
作者单位:Cornell University; University System of Ohio; Ohio State University
摘要:In recent years, instances of organizations failing to maintain digital confidentiality performance have greatly increased in frequency and monetary damage. While the global sourcing of activities in the development of digital assets is widespread, very little is known about how location-related factors may affect confidentiality outcomes. Addressing this, we empirically investigate two factors with rich theoretical bases and logical linkages to confidentiality: industrial agglomeration and na...
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作者:Chintapalli, Prashant; Disney, Stephen M.; Tang, Christopher S.
作者单位:University of California System; University of California Los Angeles; Cardiff University
摘要:To avoid inventory risks, manufacturers often place rush orders with suppliers only after they receive firm orders from their customers (retailers). Rush orders are costly to both parties because the supplier incurs higher production costs. We consider a situation where the supplier's production cost is reduced if the manufacturer can place some of its order in advance. In addition to the rush order contract with a pre-established price, we examine whether the supplier should offer advance-ord...
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作者:Zhang, Kairen; Tang, Christopher S.; Zhou, Sean
作者单位:Chinese Academy of Sciences; University of Science & Technology of China, CAS; University of California System; University of California Los Angeles; Chinese University of Hong Kong
摘要:When formal distribution channels are absent in developing countries, micro-retailers travel a long distance to replenish their stocks directly from suppliers. This informal replenishment strategy is inefficient due to high imputed travel costs involved in the replenishment process. To improve efficiency, one hybrid replenishment strategy has emerged under which one of the micro-retailers in a neighborhood, while continuing its own retail business, also operates as a wholesaler to serve other ...