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作者:Li, Bo; Arreola-Risa, Antonio
作者单位:Texas A&M University System; Texas A&M University College Station; Mays Business School
摘要:Consider a single-product, make-to-stock, risk-averse company that manages its finished goods inventory by a basestock policy. Item demand is modeled as a Poisson process, and unit production time is modeled as an exponential random variable. Annual cost is equal to the sum over one year of the inventory-holding and back-ordering costs. The company wants to minimize the annual cost conditional value-at-risk by an appropriate basestock selection called the optimal basestock. After offering evid...
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作者:Qiu, Liangfei; Hong, Yili (Kevin); Whinston, Andrew
作者单位:State University System of Florida; University of Florida; University of Houston System; University of Houston; University of Texas System; University of Texas Austin
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作者:Xu, Yanyi; Serel, Dogan A.; Bisi, Arnab; Dada, Maqbool
作者单位:East China University of Science & Technology; Johns Hopkins University
摘要:In some stockout situations, a retailer may be better off declining to fulfill some demand even though it could have been backordered. We study the conditions under which endogenous (retailer-driven) partial backordering is the cost-minimizing strategy in an infinite horizon periodic review inventory system with dual sourcing. At the beginning of each period, the retailer can place two orders. The first order (with higher unit purchase cost) is delivered immediately from the fast supplier and ...
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作者:Ha, Albert Y.; Luo, Huajiang; Shang, Weixin
作者单位:Hong Kong University of Science & Technology; Southwest Jiaotong University; Lingnan University
摘要:In this study, we develop a game-theoretic model to study the encroachment and information sharing decisions in a supply chain with a manufacturer selling through an online retail platform. In the base model, the manufacturer decides whether to encroach or not by selling through an agency channel, in addition to an existing reselling channel, at the same platform, who decides whether or not to share information with the manufacturer. We fully characterize the equilibrium decisions and show how...
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作者:Pu, Jingchuan
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要:The past decade has witnessed the explosive implementation of corporate social tools and technologies such as corporate internal online communities. However, there is little empirical evidence on whether and to what extent the implementation of an internal online community affects individual job performance in the geographically dispersed organization. In this study, we investigate this question with a quasi-natural experiment: A large manufacturer (i.e., the company) introduced an internal on...
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作者:Kanuri, Vamsi K.; Habel, Johannes; Chaker, Nawar N.; Rangarajan, Deva; Guenzi, Paolo
作者单位:University of Notre Dame; University of Houston System; University of Houston; Louisiana State University System; Louisiana State University; IESEG School of Management; Bocconi University; University of Notre Dame
摘要:Business-to-business (B2B) sellers are increasingly transitioning to hybrid sales structures, by augmenting an in-person field sales force with a direct online channel. During this transition, sellers frequently experience a cold-start problem, wherein existing customers are either not acquainted with the online channel or unconvinced of its usefulness and are therefore reluctant to adopt it. To overcome the cold-start problem, B2B sellers are increasingly relying on online sales pushes, which...
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作者:Mithas, Sunil; Chen, Zhi-Long; Saldanha, Terence J., V; Silveira, Alysson De Oliveira
作者单位:State University System of Florida; University of South Florida; University System of Maryland; University of Maryland College Park; University System of Georgia; University of Georgia
摘要:Emerging technologies such as artificial intelligence, blockchain, additive manufacturing, advanced robotics, autonomous vehicles, and the Internet of Things are frequently mentioned as part of Industry 4.0. As such, how will they influence operations and supply chain management? We answer this question by providing a brief review of the evolution of technologies and operations management (OM) over time. Because terms such as Industry 4.0 do not have a precise definition, we focus on more fund...
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作者:Fine, Charles H.; Padurean, Loredana; Naumov, Sergey
作者单位:Massachusetts Institute of Technology (MIT); Northeastern University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要:Although entrepreneurship-related papers have had some representation in Production and Operations Management (POM) over the past 30 years, the topic still seems a bit like a poor stepchild in the research of operations management (OM) scholars. Yet, entrepreneurship is important to the economy, and many schools are growing significantly their entrepreneurship programs and offerings but often without reference to or inclusion of operations courses. This paper is motivated by the question of th...
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作者:Xing, Guomin; Chen, Zhi; Zhong, Yuanguang; Zhou, Yong-Wu
作者单位:South China University of Technology; City University of Hong Kong
摘要:We investigate the implications and interplay of emergency supply and responsive pricing-two effective strategies to mitigate supply risk-in response to yield randomness with limited distributional information. Specifically, we adopt a distribution-free approach to study an ambiguity-averse monopoly's joint price and production decisions given the random yield's mean and variance-arguably two of the most widely used and easy-to-estimate summary statistics. We derive for four models, which resu...
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作者:He, Ying; Rui, Huaxia
作者单位:University of Southern Denmark; University of Rochester
摘要:This paper studies two fundamental questions regarding probabilistic selling in vertically differentiated markets: When is it profitable and how does one design it optimally? For the first question, we identify an important but overlooked economic mechanism driving probabilistic selling in vertically differentiated markets: the convexity of consumer preferences. In stark contrast to the literature finding that probabilistic selling is never profitable except in the presence of certain capacity...