Production and Operations Management

最新文章

• Impact of Reseller's Forecasting Accuracy on Channel Member Performance AI翻译
  作者：Chen, Ying-Ju; Xiao, Wenqiang
  作者单位：University of California System; University of California Berkeley; New York University
  摘要：This article studies a three-layer supply chain where a manufacturer sells a product through a reseller who then relies on its own salesperson to sell to the end market. The reseller has superior capability in demand forecasting relative to the manufacturer. We explore the main trade-offs between the risk-reduction effect and the information-asymmetry-aggravation effect of the improved forecasting accuracy. We show that under the optimal wholesale price contract, both the manufacturer and the ...
• Combined Pricing and Portfolio Option Procurement AI翻译
  作者：Fu, Qi; Zhou, Sean X.; Chao, Xiuli; Lee, Chung-Yee
  作者单位：Chinese University of Hong Kong; University of Michigan System; University of Michigan; Hong Kong University of Science & Technology
  摘要：In this paper, we study a single-product periodic-review inventory system that faces random and price-dependent demand. The firm can purchase the product either from option contracts or from the spot market. Different option contracts are offered by a set of suppliers with a two-part fee structure: a unit reservation cost and a unit exercising cost. The spot market price is random and its realization may affect the subsequent option contract prices. The firm decides the reservation quantity fr...
• Contracting and Coordination under Asymmetric Production Cost Information AI翻译
  作者：Cakanyildirim, Metin; Feng, Qi; Gan, Xianghua; Sethi, Suresh P.
  作者单位：University of Texas System; University of Texas Dallas; University of Texas System; University of Texas Austin; Hong Kong Polytechnic University
  摘要：We analyze a supply chain consisting of a supplier and a retailer. The supplier's unit production cost, which characterizes his type, is only privately known to him. When trading with the retailer, the supplier demands a reservation profit that depends on his unit production cost. We model this problem as a game of adverse selection. In this model, the retailer offers a menu of contracts, each of which consists of two parameters: the ordering quantity and the supplier's share of the channel pr...
• Competitive and Collaborative Quality and Warranty Management in Supply Chains AI翻译
  作者：Dai, Yue; Zhou, Sean X.; Xu, Yifan
  作者单位：Fudan University; Chinese University of Hong Kong
  摘要：Product quality and product warranty coverage are two important and closely related operational decisions. A longer warranty protection period can boost sales, but it may also result in dramatically increased warranty cost, if product quality is poor. To investigate how these two decisions interact with each other and influence supply chain performance, we develop a single-period model with a supplier that provides a product to an original equipment manufacturer, which in turn sells it to cust...
• Pricing and Logistics Decisions for a Private-Sector Provider in the Cash Supply Chain AI翻译
  作者：Mehrotra, Mili; Dawande, Milind; Mookerjee, Vijay; Sriskandarajah, Chelliah
  作者单位：University of Minnesota System; University of Minnesota Twin Cities; University of Texas System; University of Texas Dallas; Texas A&M University System; Texas A&M University College Station; Mays Business School
  摘要：We study a problem faced by a secure-logistics provider (SLP) of maximizing profit by jointly pricing the services of fit-sorting and transporting cash along with the design of the supporting logistics network, in a market consisting of a population of Depository Institutions (DIs). The need to jointly price the services assumes significance because they are partial substitutes of one another. Our study finds that the influence of the logistics network on prices is especially strong when there...
• Managing Supply Chain Execution: Monitoring Timeliness and Correctness via Individualized Trace Data AI翻译
  作者：Shu, Jun; Barton, Russell
  作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
  摘要：Improvements in information technologies provide new opportunities to control and improve business processes based on real-time performance data. A class of data we call individualized trace data (ITD) identifies the real-time status of individual entities as they move through execution processes, such as an individual product passing through a supply chain or a uniquely identified mortgage application going through an approval process. We develop a mathematical framework which we call the Sta...
• Ordering, Pricing, and Lead-Time Quotation Under Lead-Time and Demand Uncertainty AI翻译
  作者：Wu, Zhengping; Kazaz, Burak; Webster, Scott; Yang, Kum-Khiong
  作者单位：Singapore Management University; Syracuse University
  摘要：In this article, we study the newsvendor problem with endogenous setting of price and quoted lead-time. This problem can be observed in situations where a firm orders semi-finished product prior to the selling season and customizes the product in response to customer orders during the selling season. The total demand during the selling season and the lead-time required for customization are uncertain. The demand for the product depends not only on the selling price but also on the quoted lead-...
• Manufacturer-Retailer Negotiations in the Presence of an Oligopolistic Input Market AI翻译
  作者：Arya, Anil; Pfeiffer, Thomas
  作者单位：University System of Ohio; Ohio State University; University of Vienna
  摘要：When a manufacturer relies solely on its own inputs in making products, the focus of negotiations between the manufacturer and retailer is exclusively on profits in the output (retail) market. In such cases, absent retail competition concerns, standard two-part tariff negotiations set the per-unit wholesale price equal to marginal cost, and require fixed transfers from the retailer to the manufacturer. In this article, we recognize that manufacturers often rely on imperfectly competitive marke...
• Revenue Management with End-of-Period Discounts in the Presence of Customer Learning AI翻译
  作者：Ovchinnikov, Anton; Milner, Joseph M.
  作者单位：University of Virginia; University of Toronto
  摘要：Consider a firm that sells identical products over a series of selling periods (e.g., weekly all-inclusive vacations at the same resort). To stimulate demand and enhance revenue, in some periods, the firm may choose to offer a part of its available inventory at a discount. As customers learn to expect such discounts, a fraction may wait rather than purchase at a regular price. A problem the firm faces is how to incorporate this waiting and learning into its revenue management decisions. To add...
• A Production-Inventory Model for a Push-Pull Manufacturing System with Capacity and Service Level Constraints AI翻译
  作者：Cheng, Feng; Ettl, Markus; Lu, Yingdong; Yao, David D.
  作者单位：International Business Machines (IBM); IBM USA; Columbia University
  摘要：We study a hybrid pushpull production system with a two-stage manufacturing process, which builds and stocks tested components for just-in-time configuration of the final product when a specific customer order is received. The first production stage (fabrication) is a push process where parts are replenished, tested, and assembled into components according to product-level build plans. The component inventory is kept in stock ready for the final assembly of the end products. The second product...