Journal ArticleManufacturing and Service Operations Management · November 1, 2023
Problem definition: A critical decision made by firms is whether to adopt a responsive supply chain (prioritizing speed) or an efficient supply chain (prioritizing cost). We consider the environmental implications of this choice, distinguishing between res ...
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Journal ArticleNaval Research Logistics · February 1, 2023
In rewards-based crowdfunding, entrepreneurs solicit donations from a large number of individual contributors. If total donations exceed a prespecified funding target, the entrepreneur distributes nonmonetary rewards to contributors; otherwise, their donat ...
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Journal ArticleManagement Science · February 1, 2023
Restaurant delivery platforms collect customer orders via the Internet, transmit them to restaurants, and deliver the orders to customers. They provide value to restaurants by expanding their markets, but critics claim they destroy restaurant profits by ta ...
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Journal ArticleManufacturing and Service Operations Management · November 1, 2022
Problem definition: We study the management of social responsibility in a three-tier supply chain with a tier 2 supplier selling to a tier 1 supplier, in turn selling to a tier 0 buyer. The tier 2 supplier may violate social and environmental standards, re ...
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Journal ArticleManufacturing and Service Operations Management · May 1, 2022
Problem definition: We analyze a firm that sells repeatedly to a customer population over multiple periods. Although this setting has been studied extensively in the context of dynamic pricing—selling the same product in each period at a varying price—we c ...
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Journal ArticleOperations Research · July 1, 2021
We study the value of inventory integration (or pooling) for a firm selling a seasonal good over two periods: in the first period the firm charges a high price, and in the second period the firm charges a low price to clear remaining inventory. Consumers a ...
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Journal ArticleManufacturing and Service Operations Management · January 1, 2021
Problem definition: We consider an entrepreneur designing a fixed funding rewards-based crowdfunding campaign for an innovative product. Product quality is known to the entrepreneur but unknown to some backers. We study how the entrepreneur can signal qual ...
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Journal ArticleOperations Research · July 1, 2020
Pricing over multiple periods under forward-looking, strategic consumer purchasing behavior has received significant recent research attention; however, whether consumers actually benefit from this behavior and would voluntarily choose to be strategic has ...
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Journal ArticleMarketing Science · September 1, 2017
Inmany industries, product design andmanufacturing lead times are sufficiently long that both the quality level of a product and the amount of inventory produced must be determined before a firm knows what the actual demand will be. In this paper, we condu ...
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Journal ArticleManagement Science · August 1, 2017
We study sourcing in a supply chain with three levels: a manufacturer, tier 1 suppliers, and tier 2 suppliers prone to disruption from, e.g., natural disasters such as earthquakes or floods. The manufacturer may not directly dictate which tier 2 suppliers ...
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Journal ArticleManagement Science · October 1, 2011
We address the value of quick response production practices when selling to a forward-looking consumer population with uncertain, heterogeneous valuations for a product. Consumers have the option of purchasing the product early, before its value has been l ...
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Journal ArticleManagement Science · April 1, 2011
A fast fashion system combines quick response production capabilities with enhanced product design capabilities to both design "hot" products that capture the latest consumer trends and exploit minimal production lead times to match supply with uncertain d ...
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Journal ArticleManagement Science · April 1, 2011
We analyze the competitive capacity investment timing decisions of both established firms and start-ups entering new markets, which have a high degree of demand uncertainty. Firms may invest in capacity early (when uncertainty is high) or late (when uncert ...
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Journal ArticleManagement Science · March 1, 2009
We consider a retailer that sells a product with uncertain demand over a finite selling season. The retailer sets an initial stocking quantity and, at some predetermined point in the season, optimally marks down remaining inventory. We modify this classic ...
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Chapter · January 1, 2009
Increasingly sophisticated consumers have learned to anticipate future price reductions and forego purchasing products until such markdowns occur. Such forward-looking or strategic behavior on the part of consumers can have a significant impact on retail m ...
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Journal ArticleManufacturing and Service Operations Management · January 1, 2009
Contracting with suppliers prone to default is an increasingly common problem in some industries, particularly automotive manufacturing. We model this phenomenon as a two-period contracting game with two identical suppliers, a single buyer, deterministic d ...
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