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International Journal of Production Economics
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Abstract In this paper, we study the price guarantee policies of a seller practicing the advance selling strategy in the presence of preorder-dependent social learning. There are two types of consumers in the market. In the advance selling period, the high-type consumers arrive and make the preorder decision based on their valuation of the product. In the regular selling period, the low-type consumers arrive and make the purchase decision based on their valuation, which is a result of the preord...
Abstract We investigate a two-echelon supply chain comprising a manufacturer and a retailer, who are engaged in a Stackelberg game in which they set the terms of a wholesale price contract for a perishable product. Product demand depends on the selling price, the investment in advertising, and the time a unit spends on the shelf before being sold. The investment in advertising can be made either by the manufacturer, by the retailer or in a cooperative manner. The parties apply an economic order ...
#1Ching-Hsin Wang (NCUT: National Chin-Yi University of Technology)H-Index: 1
#2CHENKuen-Suan (NCUT: National Chin-Yi University of Technology)H-Index: 24
Abstract With consumers’ stricter requests for product quality, whether the product quality is good or bad has been factored into sustainable development for business sectors. Aiming to increase industrial competitiveness, a number of enterprises have imported the six sigma process one after another and gained remarkable results. However, as product quality is being assessed, it is commonly seen that process specifications are not only symmetric but also asymmetric, and the manufacturing process...
#1Yang Yuan (Soochow University (Taiwan))
#2Zhaofang Chu (Soochow University (Taiwan))
Last.Hao Wu
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Abstract While an increasing number of firms outsource their logistics activities, the failure rate of logistics outsourcing is still high. To address such issue, this study draws upon transaction cost theory (TCT) and extended resource-based view (ERBV) to examine the mechanism through which transaction attributes (i.e., 3 PL providers’ asset specificity and logistics technological uncertainty) affect logistics outsourcing success. We argue that top management plays an essential role in mediati...
Abstract Many business managers start to adopt environmental-friendly activities due to pressures and concerns regarding the potential adverse environmental impacts from their regular activities. However, there is no consensus regarding whether better environmental performance can lead to superior financial performance. Academic research also shows mixed or even contradictory results, possibly due to various limitations and problems. This study builds a multilevel framework to study the complica...
#1Tingting Tong (DUFE: Dongbei University of Finance and Economics)
#2Hongyan Dai (CUFE: Central University of Finance and Economics)H-Index: 4
Last.Nina Yan (CUFE: Central University of Finance and Economics)H-Index: 1
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Abstract This study attempts to identify the pricing strategy of three most-commonly used on-demand food service platforms in China based on detailed information of more than 240,000 orders, and further evaluates the impact of pricing strategy on platform performance. We find that some platforms adopt dynamic pricing strategies, while other platforms adopt static pricing strategies. Considering the unique structure of the O2O on-demand food service market in China, we develop a dyadic two-sided ...
Abstract We are interested in service contracts for spare parts. We introduce a new performance measure, XLD (extreme long down), that limits the number of deliveries that are later than an agreed threshold during the contract period. We consider a single item, single location stockpoint serving multiple systems where demand is satisfied in an alternative way if the stockpoint is out of stock. Using a finite horizon Markov decision process, we derive the optimal spare parts inventory policy for ...
#1Mohand Lounes Bentaha (University of Lyon)H-Index: 9
#2Alexandre Voisin (University of Lorraine)H-Index: 9
Last.Pascale Marangé (University of Lorraine)H-Index: 2
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Abstract One of the major sources of uncertainty in disassembly systems is the quality or states of post-consumer products. This paper develops a decision tool for disassembly process planning under variability of the End-of-Life product quality. The objective is to maximize the profit of the disassembly process. This latter is calculated as the difference between the revenue generated by recovered parts and the cost of the disassembly tasks. The revenue of a product (or a subassembly, or a comp...
#1Zhennan Yuan (USTC: University of Science and Technology of China)
#2Frank Y. Chen (CityU: City University of Hong Kong)H-Index: 15
Last.Yugang Yu (USTC: University of Science and Technology of China)H-Index: 20
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Abstract In this paper, we study the implications of yield uncertainty in firms' mergers and acquisitions, which interfaces between economics and production management. Specifically, we explore three sources of merger effects (i.e., the competition effect, the yield uncertainty effect, and the cost synergy effect) in a Cournot oligopolistic market. The yield uncertainty effect refers to a statistical reduction of yield uncertainty for the post-merger firm in a horizontal merger. This yield impro...
Abstract Spare part provisioning for asset-intensive companies is a complicated problem due to the large number of items, low demand rates, and multi-echelon environment. A primary strategy for reducing the size and managing a large number of spare parts is using grouping techniques and data aggregation. In this paper, we address the question of how to reduce the size and complexity of large-scale, two-echelon, service part provisioning systems to benefit both inventory service levels and manage...
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