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作者:Wang, Yimin; Gilland, Wendell; Tomlin, Brian
作者单位:Arizona State University; Arizona State University-Tempe; University of North Carolina; University of North Carolina Chapel Hill; Dartmouth College
摘要:Trade regulations are an important driver of supply chain strategy in many industries. For example, the textile, paper, chemical, and steel industries grapple with significant levels of non-tariff barriers (NTBs) such as safeguard controls and countervailing duties. We explore three often observed supply chain strategies in industries subject to NTBs; direct procurement, split procurement, and outward processing arrangements (OPAs). We characterize the optimal procurement quantities for each o...
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作者:Toktay, L. Beril; Wei, Donna
作者单位:University System of Georgia; Georgia Institute of Technology
摘要:For firms remanufacturing their products, the total life-cycle costs and revenues from new and remanufactured products determine their profitability. In many firms, manufacturing/sales and remanufacturing/remarketing operations are carried out in different divisions. Each division is responsible for only part of the product's life cycle. Practices regarding transfer pricing across divisions vary significantly among companies, affecting the life-cycle profit performance of the product. In this ...
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作者:Bhaskaran, Sreekumar R.; Ramachandran, Karthik
作者单位:Southern Methodist University
摘要:Managing development decisions for new products based on dynamically evolving technologies is a complex task, especially in highly competitive industries. Product managers often have to choose between introducing an incrementally better, safe new product early and a superior, yet highly risky, product later. Recommendations for managing such performance vs. time-to-market trade-offs often ignore competitive reactions to development decisions. In this paper, we study how a firm could incorporat...
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作者:Geng, Qin; Mallik, Suman
作者单位:Pennsylvania State System of Higher Education (PASSHE); Kutztown University - Pennsylvania; University of Kansas
摘要:We study the joint decisions of offering mail-in rebates (MIRs) in a single-manufacturer-single-retailer supply chain using a game theoretic framework. Either party can offer an MIR to the end consumer if it is in his best interest. The consumer demand is stochastic and depends on the product price and the amount of MIRs. When the retail price is exogenous, we show the existence of a unique Nash equilibrium under both additive and multiplicative demand functions and characterize it completely....
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作者:Kim, Byung Cho; Chen, Pei-Yu; Mukhopadhyay, Tridas
作者单位:Virginia Polytechnic Institute & State University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; Carnegie Mellon University
摘要:An abundance of flawed software has been identified as the main cause of the poor security of computer networks because major viruses and worms exploit the vulnerabilities of such software. As an incentive mechanism for software security quality improvement, software liability has been intensely discussed among both academics and practitioners for a long time. An alternative approach to managing software security is patch release, which has been widely adopted in practice. In this paper, we ex...
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作者:Bretthauer, Kurt M.; Heese, H. Sebastian; Pun, Hubert; Coe, Edwin
作者单位:Indiana University System; Indiana University Bloomington; IU Kelley School of Business; Western University (University of Western Ontario); University Western Ontario Hospital; California Pacific Medical Center
摘要:We consider the problem of optimal capacity allocation in a hospital setting, where patients pass through a set of units, for example intensive care and acute care (AC), or AC and post-acute care. If the second stage is full, a patient whose service at the first stage is complete is blocked and cannot leave the first stage. We develop a new heuristic for tandem systems to efficiently evaluate the effects of such blocking on system performance and we demonstrate that this heuristic performs wel...
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作者:Li, Cuihong; Scheller-Wolf, Alan
作者单位:University of Connecticut; Carnegie Mellon University
摘要:Consider a buyer, facing uncertain demand, who sources from multiple suppliers via online procurement auctions (open descending price-only auctions). The suppliers have heterogeneous production costs, which are private information, and the winning supplier has to invest in production capacity before the demand uncertainty is resolved. The buyer chooses to offer a push or pull contract, for which the single price and winning supplier are determined via the auction. We show that, with a pull con...
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作者:Ji, Yonghua; Kumar, Subodha; Mookerjee, Vijay S.; Sethi, Suresh P.; Yeh, Denny
作者单位:University of Alberta; Texas A&M University System; Texas A&M University College Station; Mays Business School; University of Texas System; University of Texas Dallas; Fu Jen Catholic University
摘要:We develop an optimal control model to maximize the net value provided by a software system over its useful life. The model determines the initial number of features in the system, the level of dynamic enhancement effort, and the lifetime of the system. The various factors affecting these optimal choices are systems characteristics (e.g., complexity, age, quality), user learning, and process maturity. We also consider that there is a time lag between the addition of a feature and the realizati...
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作者:Kachani, Soulaymane; Shmatov, Kyrylo
作者单位:Columbia University; Columbia University
摘要:We address the problem of simultaneous pricing of a line of several products, both complementary products and substitutes, with a number of distinct price differentiation classes for each product (e.g., volume discounts, different distribution channels, and customer segments) in both monopolistic and oligopolistic settings. We provide a generic framework to tackle this problem, consider several families of demand models, and focus on a real-world case-study example. We propose an iterative rel...
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作者:Bendoly, Elliot
作者单位:Emory University
摘要:In models of optimal decision making, assumptions about managerial behavior are often made with the hope that the prescriptions offered by these models will be effective in practice, even if actual behavior occasionally strays from these assumptions. However, recent revenue management (RM) research has demonstrated what appear to be systematic deviations from normative models of decision making. These deviations can even be observed in relatively simple RM contexts. We suggest that technical e...