When Dr. Russell Dupuis an innovator in LED technology and recipient of the National Medal of Technology agreed in 2002 to move his research effort to the Georgia Institute of Technology, it created quite a challenge for the facilities staff. They were charged with creating a new MOCVD (metal-organic chemical...
Innovation and new product development are critical to firm success and are often cited as means to a sustained competitive advantage. Unfortunately, the question of which innovation programs to pursue and how they should be funded is not trivial. This paper examines the resource allocation and portfolio problem. Special emphasis...
Does the adaptation of incumbent firms to new methods of inventing follow similar patterns across industries and inventions? This paper investigates this question in the context of the revolutionary scientific advances enabling biotechnology and nanotechnology, both of which represent inventions of methods of inventing for incumbent firms. The authors hypothesized...
This paper explores and compares two sets of contractual relationships over a twelve-year period: the patterns of contracting between a state transportation agency and its prime contractors providing engineering design services, and between the prime- and sub-contractors. The evidence was found that patterns of relational and competitive contracting may co-exist...
In this paper, we study pricing situations where a firm provides a price quote in the presence of uncertainty in the competitive landscape and the preferences of the buyer. We review two possible customized-pricing bid-response models used in practice which can be developed from the historical information available to the...
This paper discusses how competitiveness could be enhanced through a close partnership with an integrated multi-utilities firm, aimed at improving energetic efficiency, reduce polluting emissions, and thereby cut costs. This case describes how PSA, a car manufacturer, turned the environmental issue into a competitive advantage by externalising to Veolia, a...
This paper explains inventory models with advance demand information and flexible delivery. Customers place their orders in advance, and delivery is flexible in the sense that early shipment is allowed. Specifically, an order placed at time t by a customer with demand leadtime T should be fulfilled by period t+T;...
We present a partially observed Markov decision process model of a single product supply chain system with lost sales, in which a single decision maker selects a replenishment quantity at each decision epoch. Demand is modeled using an exogenous Markov chain, such that the distribution of demand in a period...
During the product realization process, cross-functional development teams consider the many attributes which make up a product including an in-depth look at the specific requirements of the various stakeholders. This includes aesthetics form in product design and how this visual element creates an emotional response which has impact on user...
For environmental and other political reasons, governments have imposed fleet-wide standards for emissions and fuel economy on automotive manufacturers. When these standards run contrary to consumer preferences or technology advances fail to deliver anticipated benefits, manufacturers may use price as a short-term strategy to encourage consumers to switch to vehicles...
Distributed simulation is attractive for modeling large scale manufacturing systems. However, synchronization requirements present distinct challenges in designing and implementing a suitable modeling structure. One's experience in building a distributed simulation model for 300mm wafer fab using the High Level Architecture HLA shows that time management should be considered at...
This paper study jointly determining prices and production in a multiple period horizon under a general, non-stationary stochastic demand function with a discrete menu of prices. It is assumed that the available production capacity is limited and unmet demand is lost. The paper incorporates discretionary sales, when inventory may be...
This paper seeks to determine the optimal order amount for the retailer given uncertainty in a supply-chain's logistics network due to unforseeable disruption or various types of defects (e.g. shipping damage, missing parts and misplacing products). Mixture distribution models characterize problems from solitary failures and contingent events causing network to...
This paper attempts to shed light on the role that price plays in pre-entry and post-entry market defense of firms. As such, the questions the author tackles include but are not limited to: how effective is sole price as an entry-deterring tool; in conjunction with other barriers to entry; and...
Electricity spot prices in the emerging power markets are volatile, a consequence of the unique physical attributes of electricity production and distribution. Uncontrolled exposure to market price risks can lead to devastating consequences for market participants in the restructured electricity industry. Lessons learned from the financial markets suggest that financial...
The existing literature on the sources and nature of productivity growth during the early industrialization stages of U.S. has identified the combination of Intellectual Property Rights IPRs with a large middle class and broad participation in markets as explanations for the extraordinary level and growth of patenting. This paper considers...
The U.S. pulp and paper industry has experienced an increasing degree of consolidation through a series of mergers and acquisitions. Based upon a structure conduct-performance model and using panel data for the pulp, paper, and paperboard sectors from 1970 to 1997, this paper investigates the effect of industry structure on...
In recent years, the U.S. pulp and paper industry has experienced an increasing degree of consolidation through a series of mergers and acquisitions. Based upon a structure-conduct-performance model and using panel data for the pulp, paper, and paperboard sectors from 1970 to 1997, this paper investigates the effect of industry...
This paper models journal pricing behavior in a portfolio demand environment and considers how the ongoing transition from print to digital distribution has lead to endogenous changes in pricing behavior. Specifically, when choosing whether or not to price discriminate, publishers compare the benefits of selling more content to each set...
This paper studies a problem faced by a manufacturer who has the ability to set prices to influence demand, reject orders, and set leadtimes or due-dates for accepted orders. The paper presents decision models that integrate pricing and production decisions for the cases where the manufacturer charges the same price...
