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A monopolist firm sells a single product to a market where the customers may be enticed to accept a delay in when their orders are shipped. The enticement is a discounted price for the product. The market consists of several segments with different degrees of aversion to delays. The firm offers...
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We consider a supply chain where an OEM (manufacturer) sources a component from multiple suppliers. OEM uses the component to make a product that he then sells to end customers. When a component fails in the field, warranty costs are incurred. The focus of the paper is to examine various...
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The issue of allocating capacity to accommodate emergent surgery cases while scheduling elective patients has major policy implications for Level-1 trauma centers including most large academic medical centers. This is because operating rooms (ORs) are the greatest source of revenues for...
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