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We consider a production-inventory system with two customer classes, one patient and one impatient. Orders from the patient class can be back-ordered if needed while orders from the impatient class must be rejected if they cannot be fulfilled from on-hand inventory. Orders back-ordered incur a...
Persistent link: https://www.econbiz.de/10013114853
We consider the problem of optimal fleet sizing in a vehicle sharing system. Vehicles are available for short-term rental and are accessible from multiple locations. A vehicle rented at one location can be returned to any other location. The size of the fleet must account not only for the...
Persistent link: https://www.econbiz.de/10012841901
On-demand service platforms compete for both workers and customers, forming a two-sided competition. In this paper, we study the game between two platforms implied by such a two-sided competition and examine how the characteristics of the embedded workers-customers subgame affect outcomes in...
Persistent link: https://www.econbiz.de/10012843061
Problem Definition: An on-demand service platform relies on independent workers (agents) who decide how much time, if any, to devote to the platform. Some labor advocates have argued that an expansion of the labor pool hurts agents—by reducing the wage and agent utilization (i.e., the fraction...
Persistent link: https://www.econbiz.de/10012900246
Problem Definition:End-consumers pay substantial price premia for green certified sustainably sourced products. In addition to the cost of sustainable practices themselves, record keeping required to keep track of those practices and auditing by certifying agencies are costly for the supplier....
Persistent link: https://www.econbiz.de/10012896312
We consider the problem of allocating demand arising from multiple products to multiple production facilities with finite capacity and load-dependent lead-times. Production facilities can choose to manufacture items either to-stock or to-order. Products vary in their demand rates, holding and...
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