Showing 1 - 10 of 12
The ability to effectively match supply and demand can lead to significant revenue benefits in theairline industry. Airline supply management deals with assigning the rightresources (i.e., aircraft and crew) to the right routes in the flight network.Due to certain crew regulations, operating...
Persistent link: https://www.econbiz.de/10009434013
We provide a comprehensive characterization of the relationship between optimal capacity and the degree of product substitution/complementarity under price/production postponement, considering different business practices (holdback versus clearance, negative price policies) and different demand...
Persistent link: https://www.econbiz.de/10009434080
Adaptive clinical trials for new drugs or treatment options promise significant benefits to both trial sponsors and patients, but complicate resource allocation. We study the patient enrollment and trial termination decision in a Phase 3 group sequential adaptive trial, which allows for early...
Persistent link: https://www.econbiz.de/10012912725
We study the optimal resource portfolio for a price-setter firm under a consumer choice model with supply and demand risks. The firm sells two products that are vertically differentiated, and has the option to invest in both dedicated and flexible resources. Our objective is to understand the...
Persistent link: https://www.econbiz.de/10009433881
In many situations, different consumers have different degrees of willingness to wait to get delivery of a product. So, consumers can be segregated based upon the demand lead time they are providing. In this paper, two types of consumers have been considered. The first category needs immediate...
Persistent link: https://www.econbiz.de/10009433923
We study the benefits of resource flexibility, considering two different flexibility structures. First, we want to understand the impact of the firm's pricing strategy on its resource investment decision, considering a partially flexible resource. Secondly, we study the benefits of a flexible...
Persistent link: https://www.econbiz.de/10009433936
"Uncertainty" is used broadly to refer to things that are unknown or incompletely understood. In operations management, basic sources of uncertainty may include decision uncertainty, model uncertainty, analytical uncertainty, data uncertainty, and so on. Although uncertainty is unavoidable in...
Persistent link: https://www.econbiz.de/10009433987
We develop and evaluate two significant modeling concepts within the context of a large-scale Airspace Planning and Collaborative Decision-Making Model (APCDM) and, thereby, enhance its current functionality in support of both strategic and tactical level flight assessments. The first major...
Persistent link: https://www.econbiz.de/10009434001
International cooperation and foreign investment issues are two important components of an international economy. The various aspects of research related to such international cooperation and foreign investment decisions are fraught with various complex factors. In this thesis, we consider two...
Persistent link: https://www.econbiz.de/10009434005
This dissertation is concerned with decision making in retail operations management. Specifically, we focus on pricing, variety, and inventory decisions, which are at the interface of the marketing and operations functions of a retail firm. We consider two problems that relate to two major types...
Persistent link: https://www.econbiz.de/10009434089