Optimal pricing in on-demand-service-platform-operations with hired agents and risk-sensitive customers in the blockchain era

TM Choi, S Guo, N Liu, X Shi - European Journal of Operational Research, 2020 - Elsevier
On-demand service platforms are popular nowadays. Many platforms hire agents to serve
customers who are risk sensitive towards the waiting-time. In this paper, we apply the mean …

Operations‐finance interface in risk management: Research evolution and opportunities

J Wang, L Zhao… - Production and …, 2021 - journals.sagepub.com
The operations‐finance interface (OFI) jointly optimizes material, monetary, and information
flows under intricate sources of uncertainty. To sketch the broad landscape in this emerging …

Mean-variance analysis of wholesale price contracts with a capital-constrained retailer: Trade credit financing vs. bank credit financing

H Yang, W Zhuo, L Shao, S Talluri - European Journal of Operational …, 2021 - Elsevier
This paper studies wholesale price contracts with risk constraints in a supply chain
consisting of a supplier and a capital-constrained retailer. A newsvendor-like retailer may …

Optimal selection of supply chain financing programmes for a financially distressed manufacturer

SK Jena, SS Padhi, TCE Cheng - European Journal of Operational …, 2023 - Elsevier
Availability of working capital is a challenge for the smooth functioning of any supply chain,
particularly when the manufacturer is financially distressed. This gives rise to the issue of …

The implications of firm‐specific policy risk, policy uncertainty, and industry factors for inventory: A resource dependence perspective

JL Darby, DJ Ketchen Jr, BD Williams… - Journal of Supply …, 2020 - Wiley Online Library
The risk created by government policymaking can be daunting, but little is known about the
extent to which this risk is disruptive to business in general and to supply chain operations in …

Combating lead-time uncertainty in global supply chain's shipment-assignment: Is it wise to be risk-averse?

X Sun, SH Chung, TM Choi, JB Sheu, HL Ma - … Research Part B …, 2020 - Elsevier
In global supply chains, high uncertainty coming from liner shipping forces manufacturers
who commit to on-time delivery to face great losses from tardiness or earliness. To find a …

Operational hedging or financial hedging? Strategic risk management in commodity procurement

W Xing, S Ma, X Zhao, L Liu - Production and operations …, 2022 - journals.sagepub.com
We study the risk management strategies of two manufacturers that procure a commodity
from a supplier to produce a final product and compete in a downstream market. The …

Risk‐sensitive Markov decision processes with combined metrics of mean and variance

L Xia - Production and Operations Management, 2020 - journals.sagepub.com
This study investigates the optimization problem of an infinite stage discrete time Markov
decision process (MDP) with a long‐run average metric considering both mean and …

Optimal pricing decisions of competing air-cargo-carrier systems—Impacts of risk aversion, demand, and cost uncertainties

X Wen, X Xu, TM Choi… - IEEE Transactions on …, 2019 - ieeexplore.ieee.org
Air-cargo transportation has become increasingly important for global logistics systems
nowadays. However, due to the intensive market competition and diverse uncertainties …

[HTML][HTML] Probabilistic oil price forecasting with a variational mode decomposition-gated recurrent unit model incorporating pinball loss

Z Cui, T Li, Z Ding, J Wu - Data Science and Management, 2024 - Elsevier
Prediction methods have garnered significant attention in intelligent decision-making. Most
existing approaches to predicting crude oil prices prioritize accuracy and stability while …