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作者:Dong, Yan; Dresner, Martin; Yao, Yuliang
作者单位:University System of Maryland; University of Maryland College Park; Lehigh University
摘要:Using a unique, item-level data set, we examined benefits to downstream firms (distributors) from the decision-transfer component of vendor-managed inventory (VMI), the feature that distinguishes VMI from other information-sharing, collaborative supply chain programs. Our major findings are that the decision-transfer component of VMI adds significant benefits to the downstream firm in terms of inventory and stockout reductions above and beyond information sharing, and that these two benefits m...
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作者:Gao, Long; Li, Zhaolin; Shou, Biying
作者单位:University of California System; University of California Riverside; University of Sydney; City University of Hong Kong
摘要:We study a strategic information management problem in the export-processing trade, where the buyer controls the raw material input and sales and the producer is responsible for production. The production is vulnerable to random yield risk. The producer can exert a costly effort to acquire the private yield rate information and discretionarily share it with the buyer. We develop a sequential Bayesian game model that captures three key features of the systemendogenous information endowment, vol...
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作者:Ge, Zehui; Hu, Qiying; Xia, Yusen
作者单位:University of Shanghai for Science & Technology; University of Science & Technology Beijing; Fudan University; University System of Georgia; Georgia State University
摘要:This study investigates firms' R&D cooperation behavior in a supply chain where two firms first cooperate in R&D investments and then decide the production quantity according to a wholesale price contract. By using a concept named contribution level that measures a firm's technological contribution to the R&D cooperation in the supply chain, we show that both firms can achieve win-win via cartelization only if their contribution levels are Pareto matched, i.e., when each firm's contribution le...
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作者:Cohen, Morris A.
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作者:Feng, Tianjun; Zhang, Fuqiang
作者单位:Fudan University; Washington University (WUSTL)
摘要:This article studies the impact of modular assembly on supply chain efficiency. In the modular assembly approach, a manufacturer acquires pre-assembled modules from its suppliers, rather than the individual components, as in the traditional assembly approach. We analyze the competitive behavior of a two-stage modular assembly system consisting of a manufacturer, and a supplier who pre-assembles two components into a module. The firms can choose their own inventory policies and we show the exis...
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作者:Rusmevichientong, Paat; Shmoys, David; Tong, Chaoxu; Topaloglu, Huseyin
作者单位:University of Southern California; Cornell University; Cornell University
摘要:We consider assortment optimization problems under the multinomial logit model, where the parameters of the choice model are random. The randomness in the choice model parameters is motivated by the fact that there are multiple customer segments, each with different preferences for the products, and the segment of each customer is unknown to the firm when the customer makes a purchase. This choice model is also called the mixture-of-logits model. The goal of the firm is to choose an assortment...
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作者:Spearman, Mark L.
摘要:The Principle of Least Action is the foundational principle of fundamental physics. Application of this principle to the supply chain naturally results in an uncertainty principle linking variation in production to variation in net-inventory. The model also provides an easy means of determining the stationary distribution of net-inventory for a variety of control strategies. The formalism results in a control strategy that outperforms commonly used control methods.
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作者:Crocker, Keith J.; Letizia, Paolo
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam
摘要:This study characterizes the class of Pareto optimal returns policies between a manufacturer and a retailer who receives consumer returns. The manufacturer may take a costly hidden action that reduces the expected number of products returned by consumers, which when realized is hidden information known only to the retailer. When faced with consumer returns, the retailer must decide whether to send the product back to the manufacturer, who harvests a low salvage value, or to engage in costly re...
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作者:Zschocke, Mark S.; Mantin, Benny; Jewkes, Elizabeth M.
作者单位:University of Waterloo
摘要:Although project portfolio management has been an active research area over the past 50 years, budget allocation models that consider competition are sparse. Faced with the competition, firms contemplating budget allocation for their project portfolio cannot limit their attention to the returns from their projects' target markets, as is the case for monopoly firms, but must also anticipate the competitive effects on these returns. Assuming firms allocate their budgets between projects offering...
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作者:Balakrishnan, Anantaram; Sundaresan, Shankar; Zhang, Bo
作者单位:University of Texas System; University of Texas Austin; Rutgers University System; Rutgers University Camden; Rutgers University New Brunswick
摘要:Although online shopping is becoming popular, consumers who are unsure about whether to buy a product may find it advantageous to visit a brick-and-mortar retail store to first examine the product before purchasing it. But, after browsing at the store, consumers have the option of switching to an e-tailer to purchase the item at a cheaper price rather than buying at the store. Recent business press refers to this browse-and-switch behavior as showrooming, and attributes to it the declining pro...