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The Operations Management literature has investigated the role of auditing, testing, and inspections, in ensuring socially responsible actions by supply-chain partners. Specifically, studies have examined the auditing of suppliers for noncompliance of socially responsible practices, and the...
Persistent link: https://www.econbiz.de/10012843740
When a supplier serves multiple buyers, the buyers often reserve the supplier's capacity in advance to secure the supply to fulfill their demand. In this paper, we analyze two common types of capacity reservation: exclusive and first-priority reservations. Both reservations give a buyer first...
Persistent link: https://www.econbiz.de/10012902364
We study assembly supply chains with multiple contractors. In such settings, the original equipment manufacturer (OEM) sometimes outsources component production to different contractors, and the final product revenue may depend on the performance of the slowest (or most unlucky) contractor. To...
Persistent link: https://www.econbiz.de/10012902498
We study the capacity investment strategy of a manufacturer who sells his product on a live-streaming shopping platform. The manufacturer first decides the production capacity, then the platform decides her commission, and finally the manufacturer sets the retail price. The platform has an...
Persistent link: https://www.econbiz.de/10012826367
We study an original equipment manufacturer (OEM) purchasing two inputs for assembly from two suppliers with private cost information. The OEM can contract with the two suppliers either simultaneously or sequentially. We consider both cases in which the OEM has relatively equal bargaining power...
Persistent link: https://www.econbiz.de/10012850767
We study a firm's optimal strategy to adjust its capacity using demand information. The capacity adjustment is costly and often subject to managerial hurdles which sometimes make it difficult to adjust capacity multiple times. In order to clearly analyze the impact of demand learning on the...
Persistent link: https://www.econbiz.de/10012989866
Motivated by the ever-growing complexity of projects and the consistent trend of outsourcing of individual tasks or components, we study the contract-design problem faced by a firm (or organization) for executing a project consisting of multiple tasks, each of which is performed by an individual...
Persistent link: https://www.econbiz.de/10012933248
We study equity division between an entrepreneur and one or more potential investors. The investor(s) and the entrepreneur negotiate how much equity (ownership) in the startup the investor(s) should receive in exchange for their investment. The value of that equity is uncertain at the time of...
Persistent link: https://www.econbiz.de/10013223927