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作者：Gupta, Varun; Cakanyildirim, Metin
作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; University of Texas System; University of Texas Dallas
摘要：Willingness To Pay (WTP) of customers plays an anchoring role in pricing. This study proposes a new choice model based on WTP, incorporating sequential decision making, where the products with positive utility of purchase are considered in the order of customer preference. We compare WTP-choice model with the commonly used (multinomial) Logit model with respect to the underlying choice process, information requirement, and independence of irrelevant alternatives. Using WTP-choice model, we fin...
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作者：Li, Xin; Guo, Pengfei; Lian, Zhaotong
作者单位：Macau University of Science & Technology; Hong Kong Polytechnic University; University of Macau
摘要：We consider a system in which two competing servers provide customer-intensive services and the service reward is affected by the length of service time. The customers are boundedly rational and choose their service providers according to a logit model. We demonstrate that the service provider revenue function is unimodal in the service rate, its decision variable, and show that the service rate competition has a unique and stable equilibrium. We then study the price decision under three scena...
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作者：Oh, Sechan; Ozer, Ozalp
作者单位：International Business Machines (IBM); IBM USA; University of Texas System; University of Texas Dallas
摘要：This paper studies a stochastic model of optimal stopping processes, which arise frequently in operational problems (e.g., when a manager needs to determine an optimal epoch to stop a process). For such problems, we propose an effective method of characterizing the structure of the optimal stopping policy for the class of discrete-time optimal stopping problems. Using this method, we also derive a set of metatheorems that can help identify when a threshold or control-band type stopping policy ...
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作者：Guo, Hong; Easley, Robert F.
作者单位：University of Notre Dame
摘要：We examine the link between network neutrality (NN) and content innovation on the Internet by comparing the impact of NN and packet discrimination (PD) regimes on content innovation. We do this in the context of a two-sided market model that simultaneously considers content provider (CP) and consumer decisions concerning market entry and participation while taking into account consumers' response to network congestion. We find that content innovation flourishes under NN to a greater degree tha...
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作者：Vickery, Shawnee K.; Koufteros, Xenophon; Droege, Cornelia; Calantone, Roger
作者单位：Michigan State University; Michigan State University's Broad College of Business; Texas A&M University System; Texas A&M University College Station; Mays Business School
摘要：Modularity has the potential to impact various facets of new product introduction performance including product development lead time, frequency of new product introduction, on time introduction and product innovation. The impact of modularity on new product introduction performance, however, may vary for different levels of product and process complexity. This study empirically investigates relationships between perceptual measures of product modularity, process modularity, and new product in...
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作者：Jia, Justin; Xu, Susan H.; Guide, V. Daniel R., Jr.
作者单位：Purdue University System; Purdue University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要：The management of remanufacturing inventory system is often challenged by mismatched supply (i.e., returned units, called cores) and demand. Typically, the demand for remanufactured units is high and exceeds the supply early in a product's lifetime, and drops below the supply late in the lifetime. This supply-demand imbalance motivates us to study a switching strategy to facilitate the decision-making process. This strategy deploys a push mode at the early stage of a product's lifetime, which ...
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作者：Kyparisis, George J.; Koulamas, Christos
作者单位：State University System of Florida; Florida International University
摘要：We consider multitier push assembly systems with sequential supplier decisions and a wholesale price contract. We show that both an Original Equipment Manufacturer (OEM)-Contract Manufacturer (CM) assembly and a modular assembly with sequential supplier decisions are mathematically equivalent to the corresponding traditional assembly. We determine that, in most cases, the first mover supplier realizes a higher profit than the second mover supplier but we also identify the sufficient conditions...
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作者：Chen, Xin; Zhang, Jiawei
作者单位：University of Illinois System; University of Illinois Urbana-Champaign; New York University
摘要：Sharing common production, resources, and services to reduce cost are important for not for profit operations due to limited and mission-oriented budget and effective cost allocation mechanisms are essential for encouraging effective collaborations. In this study, we illustrate how rigorous methodologies can be developed to derive effective cost allocations to facilitate sustainable collaborations in not for profit operations by modeling the cost allocation problem arising from an economic lot...
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作者：Park, Seung Jae; Lai, Guoming; Seshadri, Sridhar
作者单位：Ewha Womans University; University of Texas System; University of Texas Austin; Indian School of Business (ISB)
摘要：This study investigates the value of inventory sharing in the presence of spot and forward markets. We consider a multi-period setting where two firms process a common commodity to meet stochastic demands. They can buy and sell the commodity through both the spot and forward markets. They can also share the commodity if one has leftover inventory while the other has excess demand. We first characterize the equilibrium strategies of the two firms. Our analysis reveals that in such a context, th...
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作者：Ulrich, Karl T.
作者单位：University of Pennsylvania
