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作者:Alanis, Ramon; Ingolfsson, Armann; Kolfal, Bora
作者单位:University of Alberta
摘要:We propose and analyze a two-dimensional Markov chain model of an Emergency Medical Services system that repositions ambulances using a compliance table policy, which is commonly used in practice. The model is solved via a fixed-point iteration. We validate the model against a detailed simulation model for several scenarios. We demonstrate that the model provides accurate approximations to various system performance measures, such as the response time distribution and the distribution of the n...
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作者:Azadegan, Arash; Patel, Pankaj C.; Panda, Vinit
作者单位:Rutgers University System; Rutgers University New Brunswick; Rutgers University Newark; Ball State University; Lulea University of Technology
摘要:Slack can act as a double-edged sword. While it can buffer against environmental threats to help ensure business continuity, slack can also be costly and reduce profitability. In this study we focus on operational slack, the form related to the firm's production processes. We investigate the role of operational slack on firm survival during its venture stage when its survival is significantly challenged by environmental threats. Specifically, we explore how change in three types of environment...
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作者:Hora, Manpreet; Dutta, Dev K.
作者单位:University System of Georgia; Georgia Institute of Technology; University System Of New Hampshire; University of New Hampshire
摘要:To achieve technology innovation and commercialization (TIC) success under complex, protracted, and uncertain product development cycles, entrepreneurial firms engage in downstream alliance partnerships with mainstream industry players. In this study, we examine two specific characteristics of the entrepreneurial firm's downstream alliance portfolio (depth and scope) and their impact on TIC success. Employing a sample of 728 biotech firms and their partnerships with pharmaceutical companies, w...
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作者:Bloomfield, Robert J.; Kulp, Susan L.
作者单位:Cornell University; George Washington University
摘要:Two laboratory experiments on a single-echelon inventory task show that inventory durability interacts with transit lags to create order volatility that exceeds demand volatility. Thus, inventory durability and transit lags cause managers to deviate from inventory decision optimality. Durability creates a large increase in order volatility because players adjust orders insufficiently to reflect current inventory and backlogs, much as they adjust orders insufficiently to reflect holding and bac...
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作者:Xiao, Wenli; Gaimon, Cheryl
作者单位:University of San Diego; University System of Georgia; Georgia Institute of Technology
摘要:We introduce a two-period Stackelberg game of a supplier and buyer. We recognize that learning from manufacturing experience has many advantages. Consistent with the literature, we assume both the buyer and supplier realize reductions in their respective production costs in period 2 due to volume-based learning from period 1 production. In addition, we introduce another learning concept, the future value, to capture the buyer's benefits of transferring current manufacturing experience for the ...
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作者:Kraiselburd, Santiago; Yadav, Prashant
作者单位:Universidad Torcuato Di Tella; INCAE Business School; University of Michigan System; University of Michigan; University of Michigan System; University of Michigan
摘要:Many people in developing countries do not have access to effective vaccines, medicines, and other life-saving health technologies. Shortage of health care workers, severe financial constraints, and lack of awareness are some of the major obstacles that prevent higher access. However, ineffective and poorly designed supply chains for purchasing and distributing the medicines, vaccines, and health technologies are one of the most important barriers to increasing access. We argue that the ineffe...
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作者:Shepherd, Dean A.; Patzelt, Holger
作者单位:Indiana University System; IU Kelley School of Business; Indiana University Bloomington; Technical University of Munich
摘要:In this article, we introduce the notion of operational entrepreneurshipthe selection and management of transformation processes for recognizing, evaluating, and exploiting opportunities for potential value creationto offer examples of research opportunities at the interface of entrepreneurship and operations management. Specifically, we believe that operations management has been under-utilized for gaining a deeper understanding of (i) the knowledge and motivation required for opportunity rec...
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作者:Osadchiy, Nikolay; Gaur, Vishal; Seshadri, Sridhar
作者单位:Emory University; Cornell University; University of Texas System; University of Texas Austin
摘要:We present a method for forecasting sales using financial market information and test this method on annual data for US public retailers. Our method is motivated by the permanent income hypothesis in economics, which states that the amount of consumer spending and the mix of spending between discretionary and necessity items depend on the returns achieved on equity portfolios held by consumers. Taking as input forecasts from other sources, such as equity analysts or time-series models, we cons...
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作者:Perdikaki, Olga; Swaminathan, Jayashankar
作者单位:Texas A&M University System; Texas A&M University College Station; Mays Business School; University of North Carolina; University of North Carolina Chapel Hill
摘要:There is a growing trend in the retail industry to improve customer experience. In this article, we study retailer-initiated strategies to increase consumer valuation for a product under duopoly. In such a setting, it is possible that a consumer's valuation may be increased by one retailer; however, the consumer may decide to buy the product from the competitor. We consider a two-stage game where retailers first decide whether to invest in improvements in customer valuation and then engage in ...
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作者:Hall, Nicholas G.; Liu, Zhixin
作者单位:University System of Ohio; Ohio State University; University of Michigan System; University of Michigan
摘要:We consider the allocation of limited production capacity among several competing agents through auctions. Our focus is on the contribution of flexibility in market good design to effective capacity allocation. The application studied is a capacity allocation problem involving several agents, each with a job, and a facility owner. Each agent generates revenue by purchasing capacity and scheduling its job at the facility. Ascending auctions with various market good designs are compared. We intr...