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Articles 1 - 6 of 6
Full-Text Articles in Business
Estimating Demand For Container Freight Service At The Port Of Davisville, James Kroes, Yuwen Chen, Paul Mangiameli
Estimating Demand For Container Freight Service At The Port Of Davisville, James Kroes, Yuwen Chen, Paul Mangiameli
Yuwen Chen
The Port of Davisville, located at Quonset Point, Rhode Island, is a former US Navy facility that was turned over to Rhode Island for commercial development when the naval base closed in 1974. Since then, a number of proposals have been put forth to expand the port’s operations to include the handling of containerized cargo. The Port of Davisville’s managing organization, the Quonset Development Corporation (QDC), partnered with this academic research team to objectively analyze the viability of three proposals: (1) a major expansion of the port to make it an international container megaport, (2) a lesser investment to make …
The Cost Of Mindfulness: A Case Study, Douglas Hales, James Kroes, Yuwen Chen, Kyung Kang
The Cost Of Mindfulness: A Case Study, Douglas Hales, James Kroes, Yuwen Chen, Kyung Kang
Yuwen Chen
Mindfulness is a concept that refers to the attentiveness and alertness of people to detail. When applied properly, mindfulness improves the reliability of organizational processes, an important dimension to process quality. However, no study measures the cost of implementing mindfulness, which is necessary for managers when allocating scarce resources among competing improvement initiatives. Using the popular P-A-F framework, this study measures the cost of mindfulness in a healthcare context, and suggests consideration of several activities when implementing it in real-world firms.
The Newsvendor Problem: Review And Directions For Future Research, Yan Qin, Ruoxuan Wang, Asoo Vakharia, Yuwen Chen, Michelle Seref
The Newsvendor Problem: Review And Directions For Future Research, Yan Qin, Ruoxuan Wang, Asoo Vakharia, Yuwen Chen, Michelle Seref
Yuwen Chen
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 of market price, marketing effort, and stocking quantity on customer demand; how supplier prices can serve as a coordination mechanism in a supply chain setting; integrating alternative supplier pricing policies within the newsvendor framework; and how the buyer’s risk profile moderates the newsvendor order quantity decision. For each of these areas, we summarize the …
A Product Diffusion Model For Single-Function And Fusion Products, Yuwen Chen, Janice Carrillo
A Product Diffusion Model For Single-Function And Fusion Products, Yuwen Chen, Janice Carrillo
Yuwen Chen
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., stand-alone PDAs and stand-alone scanners) gradually disappear from the market as they are supplanted by fusion products. This paper presents a product diffusion model that captures the diffusion transition from two distinct single-function products into one fusion product. We investigate the optimal launch time of the fusion product under various conditions and conduct a numerical analysis to demonstrate the …
Fusion Product Planning: A Market Offering Perspective, Yuwen Chen, Janice Carrillo, Asoo Vakharia, Peter Sin
Fusion Product Planning: A Market Offering Perspective, Yuwen Chen, Janice Carrillo, Asoo Vakharia, Peter Sin
Yuwen Chen
Devices that integrate multiple functions together are popular in consumer electronic markets.We describe these multifunction devices as fusion products as they fuse together products that traditionally stand alone in the marketplace. In this article, we investigate the manufacturer’s fusion product planning decision, adopting a market offering perspective that allows us to address the design and product portfolio decisions simultaneously. The general approach adopted is to develop and analyze a profit-maximizing model for a single firm that integrates product substitution effects in identifying an optimal market offering. In the general model, we demonstrate that the product design and portfolio decisions are …
Product-Portfolio Strategies: The Case Of Multi-Function Products, Yuwen Chen, Asoo Vakharia, Aydin Alptekinoglu
Product-Portfolio Strategies: The Case Of Multi-Function Products, Yuwen Chen, Asoo Vakharia, Aydin Alptekinoglu
Yuwen Chen
Motivated by the proliferation of multifunction products, we investigate product portfolio decisions of a single firm by analyzing the impact of three ma;'or factors. First, because multifunction products provide complete or partial functionalities of single-function products, we incorporate substitution or cannibalization effects between the potential products. Second, we explicitly model the variable costs of manufacturing the single0function and multifunction products. Third, we examine the firm's pricing decisions because of their impact on the degree of cannibalization between the multifunction product and one or more single-function products. Using an economic model, we first characterize the firm's optimal product portfolio (through a …