We consider a firm's production and sales decisions for an age-based product (e.g. whiskey, wine, or cheese) whose value increases with aging. The firm has been selling only a younger aged product but is considering introducing a new product by setting some of its production aside to age longer....

To influence demand, some online retailers post messages (e.g., “5 units or less left in stock”) on their product pages to signal impending stockouts. These “scarcity” messages provide consumers “partial” inventory information, revealing only an upper bound on the number of units...

While advance booking programs have been shown to be effective for firms to manage uncertain demand, the e¤ectiveness of such programs is unclear when supply, demand, and price risks are present in a supply chain. Motivated by an advance booking program for managing these three types of risks...

This paper presents a utility function model of donors who need to determine their donation to a charity organization that structures and publishes donations by tiers. By considering the prestige associated with each tier level, our analysis suggests that a tiered scheme generates an incentive...

Floods are the most frequent category of disasters worldwide. Among all geographical regions, Asia has suffered the most. While there are several ongoing humanitarian efforts and initiatives, we believe there is a new opportunity to coordinate "last mile" humanitarian efforts in the event of a...

Due to the informational advantage of online marketplaces (i.e., platforms), it is a common belief that a platform's market entry will be detrimental to third-party sellers who sell similar products on the platform. To examine the validity of this belief, we conduct an exploratory analysis using...

We analyzed the text of 704 online advertisements of supply chain management jobs for MBA graduates. The content analysis of these job advertisements provided us with a list of supply chain topics, such as inventory management and supply management, and general skills, such as communication and...

By leveraging new technologies (Additive Manufacturing, Advanced Robotics, Artificial Intelligence, Autonomous Vehicles, Blockchain, Drones, Internet of Things, etc.), many companies are developing cyber-physical systems that can change the competition landscape. In the midst of this exciting...

To contain healthcare cost and improve quality, there is an on-going debate regarding the impact of different reimbursement schemes on patient welfare. In this paper, we examine two commonly used reimbursement schemes: (1) a Fee-For-Service (FFS) reimbursement scheme under which health care...

To mitigate the bullwhip effect in a supply chain, Lee et al. (1997) advocated the idea of sharing demand and order information among different supply chain entities by using compatible MRP or ERP systems. Even with full supply chain visibility afforded by an MRP system and no information...