Cap and trade programs impose limits on industry emissions but offer individual firms the flexibility to choose among different operational levers toward compliance, including inputs, process changes, and the use of allowances to account for emissions. In this paper, we examine the relationships...

The prosperity of multifunction products (also referred to as fusion products) has changed the landscape of the marketplace for several electronics products. To illustrate, as fusion products gain popularity in cellular phones and office machines, we observe that single-function products (e.g.,...

In this paper, we review the contributions to date for analyzing the newsvendor problem. Our focus is on examining the specific extensions for analyzing this problem in the context of modeling customer demand, supplier costs, and the buyer risk profile. More specifically, we analyze the impact...

Over the years, many researchers have proposed theoretical models of problem-solving. These models work a problem in a sequential and rational manner. Through our professional experience and an action research study, we discovered fundamental differences between what these models describe and...

Over the years, many researchers have proposed theoretical models of problem-solving. These models work a problem in a sequential and rational manner. Through our professional experience and an action research study, we discovered fundamental differences between what these models describe and...

Supply chain managers must often trust data reported from suppliers to make decisions about sourcing and product reliability due to the costs or complexity of implementing traditional monitoring systems. Without some form of monitoring, these types of data are vulnerable to manipulation, thus...

Although Information Technology (IT) solutions improve the collection and validation of operational data, Operations Managers must often rely on self-reported data from workers to make decisions. The problem with this data is that they are subject to intentional manipulation, thus reducing their...