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作者:Yu, Jiayi Joey; Tang, Christopher S.; Li, Musen Kingsley; Shen, Zuo-Jun Max
作者单位:Fudan University; University of California System; University of California Los Angeles; Shanghai University; University of California System; University of California Berkeley; University of Hong Kong; University of Hong Kong
摘要:Accessibility of electric vehicle (EV) charging stations is an important factor for adoption of EV, which is an effective green technology for reducing carbon emissions. Recognizing this, many governments are contemplating ideas for achieving EV adoption targets, such as constructing extra EV charging stations directly or offering subsidies to entice automakers to construct more EV charging stations. To achieve these targets, governments need to coordinate with automakers to ensure that the to...
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作者:Yang, Nan; Zhang, Renyu
作者单位:University of Miami; New York University; NYU Shanghai; Chinese University of Hong Kong
摘要:We consider a general joint pricing and inventory management model with delayed differentiation, in which a firm serves a market with multiple products made from a generic one. The firm holds inventory for the generic product which is produced using multiple resources. Moreover, the market size, the attractiveness of each product, the firm's productivity, and the procurement cost of each resource all evolve over the planning horizon driven by an exogenous Markov process. Comparative statics an...
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作者:Qin, Hanzhang; Simchi-Levi, David; Ferer, Ryan; Mays, Jonathan; Merriam, Ken; Forrester, Megan; Hamrick, Alex
作者单位:Massachusetts Institute of Technology (MIT); Massachusetts Institute of Technology (MIT); Massachusetts Institute of Technology (MIT)
摘要:We study an inventory placement optimization problem where demand is sensitive to service response time, under the online retailing setting. The main challenge is to achieve the optimal trade-off between revenue benefits from shorter delivery time and the increase in inventory cost associated with placing inventory closer to market demand. To predict the effects of modified demand under service response time variations, we introduce a demand prediction and elasticity model to quantify the sens...
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作者:Mallapragada, Girish; Gupta, Aditya; Josephson, Brett
作者单位:Indiana University System; Indiana University Bloomington; IU Kelley School of Business; Texas State University System; Texas State University San Marcos; George Mason University
摘要:In business-to-business (B2B) markets, salespeople often act as market-makers, connecting customers with suppliers while collaborating with other salespeople to form a complex network of relationships. The authors propose that in such a relationship network, the salesperson's social capital, or who they know, and transaction efficacy, or what they do, have direct and interactive effects on performance. To test the proposed model, the authors use a transaction-level dataset from a large brokera...
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作者:Abouee-Mehrizi, Hossein; Mirjalili, Mahdi; Sarhangian, Vahid
作者单位:University of Waterloo; University of Toronto
摘要:Platelets are perishable (5-7 day shelf life) blood products required for a variety of clinical treatments. In North America, hospitals typically procure platelet units from a central supplier. As such, the remaining shelf life of the delivered units could be subject to high uncertainty. Our work focuses on developing new models that leverage the increasingly available data from hospital information systems to prescribe ordering decisions in the presence of this uncertainty. Specifically, we c...
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作者:Yang, Nan; Zhang, Renyu
作者单位:University of Miami; Chinese University of Hong Kong
摘要:We study the joint pricing and inventory management problem in the presence of online customer reviews. Customers who purchase the product may post reviews that would influence future customers' purchasing behaviors. We develop a stochastic joint pricing and inventory management model to characterize the optimal policy in the presence of online reviews. We show that a rating-dependent base-stock/list-price policy is optimal. Interestingly, we can reduce the dynamic program that characterizes t...
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作者:Angelus, Alexandar; Ozer, Ozalp
作者单位:Texas A&M University System; Texas A&M University College Station; Mays Business School; University of Texas System; University of Texas Dallas
摘要:Large-scale production of a new vaccine, such as the COVID-19 vaccine, is characterized by evolving demand and production yield uncertainties. Further, following its FDA approval for efficacy and safety, a vaccine may not even be manufacturable due to its low production yield and the resulting lack of profitability. To deal with those challenges in practice, a vaccine manufacturer can (stochastically) increase the uncertain yield of a vaccine prior to launching large-scale production by learni...
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作者:Wu, Xueqi; Chen, Zhi-Long
作者单位:Shanghai Jiao Tong University; University System of Maryland; University of Maryland College Park
摘要:One of the most popular ways of shopping in an omnichannel retailing environment is buy-online-pickup-in-store (BOPS). Retailers often promise BOPS shoppers short in-store pickup ready times. We study fulfillment scheduling decisions of BOPS orders destined for a single store of a retailer. There are two fulfillment options for BOPS orders: they can be either processed at a fulfillment center (FC) and delivered to the store or processed at the store without needing delivery. There are two type...
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作者:Pan, Mengyang; Chandrasekaran, Aravind; Hill, James; Rungtusanatham, Manus
作者单位:Southwestern University of Finance & Economics - China; University System of Ohio; Ohio State University; York University - Canada
摘要:R&D projects in small biotechnology firms frequently involve knowledge from multiple technical fields and research in different problem domains. An increase in project knowledge scope, defined as the number of technical fields an R&D project covers, can be challenging for resource-constrained small firms. These firms often rely primarily on their principal investigators (PIs), who act as heavyweight project managers in guiding project ideas to successful R&D outcomes. PIs also work concurrentl...
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作者:Guo, Pengfei; Haviv, Moshe; Luo, Zhenwei; Wang, Yulan
作者单位:City University of Hong Kong; The Chinese University of Hong Kong, Shenzhen; Hebrew University of Jerusalem; Hebrew University of Jerusalem; Hong Kong Polytechnic University
摘要:We investigate a server's best queue disclosure strategy in a single-server service system with an uncertain quality level (which is assumed to be binary). We consider this problem from the perspective of a Bayesian persuasion game. The server first commits to a possibly mixed strategy stating the probability that the queue length will be revealed to customers on their arrival given a realized quality level. The service quality level is then realized, and the server's corresponding queue-discl...