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Operations and Supply Chain Management Commons™
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Articles 61 - 90 of 199
Full-Text Articles in Operations and Supply Chain Management
The Role Of Strategic Alignment In Achieving Sustainable Competitive Advantage-An Analytical Study At Al-Maaref University College, Ali Ahmed Mohammed
The Role Of Strategic Alignment In Achieving Sustainable Competitive Advantage-An Analytical Study At Al-Maaref University College, Ali Ahmed Mohammed
Muthanna Journal of Administrative and Economics Sciences
This study aims to determine the role of strategic alignment as an independent variable and its correlation with sustainable competitive advantage as a dependent variable at Al-Maarif University College. The researcher employed a descriptive-analytical methodology, which comprised a cohort of faculty members from the college, with a sample size of 72 respondents. The researcher employed a questionnaire as the primary instrument for data collection, utilising the statistical software (SPSS) in conjunction with (Excel) for data analysis. Research has demonstrated a direct correlation and beneficial effect of strategic alignment in its dimensions (communication, value, governance, partnership, infrastructure, skills) on sustainable competitive …
Blue Economy Policy Implementation And Its Ecological Implications In Tomini Bay, Abdul Wahab Podungge, Dwi Indah Yuliyani Solihin, Yulianty Adipu, Yanti Aneta
Blue Economy Policy Implementation And Its Ecological Implications In Tomini Bay, Abdul Wahab Podungge, Dwi Indah Yuliyani Solihin, Yulianty Adipu, Yanti Aneta
BISNIS & BIROKRASI: Jurnal Ilmu Administrasi dan Organisasi
Industrial and mining activities around Tomini Bay have significantly impacted marine ecosystems. This study aims to analyze the formulation process of the blue economy policy using an institutional approach, which includes the structure and process of decision-making, the role of key actors, and the impact of norms, rules, and regulations on the policy. In addition, this study evaluates the policy from a sustainable ecosystem perspective. Employing a qualitative approach combined with a research-action model, this study focuses on collaboration between researchers and stakeholders to identify problems, develop solutions, and implement practical changes. Findings reveal that the blue economy in Tomini …
Assessing The Sustainable Circular Fashion Supply Chain As A Model For Achieving Economic Growth In The Global Market, Andrew P. Burnstine, Raouf Ghattas
Assessing The Sustainable Circular Fashion Supply Chain As A Model For Achieving Economic Growth In The Global Market, Andrew P. Burnstine, Raouf Ghattas
Faculty and Staff Publications & Presentations
The fashion industry faces a critical sustainability crisis, contributing up to 10% of global carbon emissions and generating 92 million tons of textile waste annually. The study highlights the complex interplay of material flows, business models, power structures, and cultural mindsets, presenting a multi-scaled framework for advancing cleaner production and circularity in one of the world’s most resource-intensive sectors. This study proposes a transformative model for circular bioeconomy in fashion, integrating systems-change theory, degrowth economics, and emotional durability. Through case studies, including Patagonia, Eileen Fisher, and EU policy frameworks, the paper demonstrates how circular strategies can reduce waste, extend product …
A Multicriteria Model For Assessing Item Importance And Risk Using Operational Data From Military Supply Chains, Manuel D. Rossetti, Juliana Bright, Andrew Freeman, Anna Lee, Anthony Parrish
A Multicriteria Model For Assessing Item Importance And Risk Using Operational Data From Military Supply Chains, Manuel D. Rossetti, Juliana Bright, Andrew Freeman, Anna Lee, Anthony Parrish
Industrial Engineering Faculty Publications and Presentations
This paper is motivated by the need to assess the risk profiles associated with the substantial number of items within military supply chains. The scale of supply chain management processes creates difficulties in both the complexity of the analysis and in performing risk assessments that are based on the manual (human analyst) assessment methods. Thus, analysts require methods that can be automated and that can incorporate on-going operational data on a regular basis. Design/methodology/approach
The approach taken to address the identification of supply chain risk within an operational setting is based on aspects of multiobjective decision analysis (MODA). The approach …
Implementing Lean Principles To Enhance Warehouse Operations At King Abdulaziz Air Base(Kaab): A Case Study Of Royal Saudi Air Force (Rsaf), Saleh A. Alghamdi
Implementing Lean Principles To Enhance Warehouse Operations At King Abdulaziz Air Base(Kaab): A Case Study Of Royal Saudi Air Force (Rsaf), Saleh A. Alghamdi
Theses and Dissertations
The Royal Saudi Air Force (RSAF) relies on efficient logistics to sustain readiness. At King Abdulaziz Air Base, warehouse receiving inefficiencies caused delays and waste. This study used Lean principles and a six-month time–motion analysis, with Pareto and Fishbone tools, to identify 55% waste in dead pile and 75% in palletized shipments. Standard times of 5.98 and 6.55 minutes were set. Key recommendations include SOPs, cross-training, forklift certification, layout redesign, and RFID. Lean adoption could save 100+ labor hours and $4,000 annually, improving safety, accuracy, and mission readiness.
The Moderating Role Of Digital Multi-Sided Platform On The Firm Value Of Traditional Value-Chain Firms, Chee Pheng Lim
The Moderating Role Of Digital Multi-Sided Platform On The Firm Value Of Traditional Value-Chain Firms, Chee Pheng Lim
Dissertations and Theses Collection (Open Access)
This dissertation examines the strategic value and performance implications for traditional value-chain firms (TVCFs) that adopt digital multi-sided platforms (DMSPs) to augment their existing businesses. DMSPs facilitate interactions among multiple user groups through digital intermediaries, generating self-reinforcing network effects that enhance value creation, reduce operational and transaction costs, and enable collective innovation. Despite the prevalence of platform-based firms, 60% of global unicorns and 7 of the world’s 10 most valuable companies operate digital platforms, empirical research on the value-creation mechanisms of DMSPs remains limited. Anchored in the resource-based view and platform theory, this study investigates how DMSP moderates the relationship …
Optimizing Initial Screening For Colorectal Cancer Detection With Adherence Behavior, Sarah Yini Gao, Yan He, Ruijie Zhang, Zhichao Zheng, Shao Wei Lam Lam, Emile Tan
Optimizing Initial Screening For Colorectal Cancer Detection With Adherence Behavior, Sarah Yini Gao, Yan He, Ruijie Zhang, Zhichao Zheng, Shao Wei Lam Lam, Emile Tan
Research Collection Lee Kong Chian School Of Business
Background: Two-stage screening programs are widely adopted for early colorectal cancer (CRC) detection, where individuals receiving positive outcomes in the first-stage (initial) test are recommended to undergo a second-stage test (colonoscopy) for further diagnosis. Methods: We study the initial test design—the selection of cutoffs for reporting test outcomes—to balance the trade-off between screening effectiveness (i.e., CRC and polyp detection) and efficiency (i.e., colonoscopy costs), incorporating the fact that not all individuals follow up with a colonoscopy after receiving positive outcomes. We integrate the Bayesian persuasion framework with information avoidance to model this problem and apply it to Singapore's CRC screening …
Impacts Of Climate Disruption On Mobility Aircraft Performance In The Pacaf Region, Hannah M. Dauterman
Impacts Of Climate Disruption On Mobility Aircraft Performance In The Pacaf Region, Hannah M. Dauterman
Theses and Dissertations
This thesis investigates the projected impacts of climate disruption on the performance and fuel management of the C-17 Globemaster III, a critical mobility aircraft in the Pacific Air Forces (PACAF) region. As rising global temperatures reduce air density, the performance of aircraft is compromised, resulting in increased fuel consumption, as well as the potential for extended runway requirements and diminished cargo capacity. Using climate projection data from Coupled Model Intercomparison Project Phase 6 (CMIP6), this research analyzes future air temperature trends and their implications for C-17 fuel consumption. Results suggest that by 2049, the U.S. Air Force may incur an …
A Review Of The United States' Long Term War Support Capabilities In The Indo-Pacific Command Region, Brian J. Mullin Jr.
A Review Of The United States' Long Term War Support Capabilities In The Indo-Pacific Command Region, Brian J. Mullin Jr.
Theses and Dissertations
This study examines U.S. maritime transportation readiness in the Indo-Pacific, highlighting fleet age, mariner shortages, shipyard decline, and port vulnerabilities. It also considers contested logistics and technological threats. Recommendations include fleet recapitalization, mariner pipeline growth, port diversification, and defensive upgrades. The study concludes that secure sea line assumptions are outdated and calls for greater resilience, with follow-on efficiency analysis proposed for ports and ships.
Automation Of Lcmc Logistics Processes: A Delphi Approach, Kline M. Alt
Automation Of Lcmc Logistics Processes: A Delphi Approach, Kline M. Alt
Theses and Dissertations
As the U.S. Air Force confronts growing complexity in system acquisition, the implementation of digital models in system design and logistics process management allows the incorporation of digital tools and the possibility for automation of portions of logistics processes. This thesis investigates where these technologies can be most effectively integrated within the Air Force Life Cycle Management Center logistics enterprise (AFLCMC). Using a three round Delphi study, AFLCMC logistics subject matter expert (SME) opinions were solicited from program-level senior logisticians, program managers to identify high-need areas, key success factors, and potential barriers to adoption. Quantitative consensus from Likert-scale and ordinal …
Supply Chain Resilience: A Critical Review Of Risk Mitigation, Robust Optimisation, And Technological Solutions And Future Research Directions, Seyed Ashkan Hosseini Shekarabi, Reza Kiani Mavi, Flavio Romero Macau
Supply Chain Resilience: A Critical Review Of Risk Mitigation, Robust Optimisation, And Technological Solutions And Future Research Directions, Seyed Ashkan Hosseini Shekarabi, Reza Kiani Mavi, Flavio Romero Macau
Research outputs 2022 to 2026
This study systematically evaluates the literature of supply chain resilience by integrating bibliometric and network analysis techniques. This analysis is conducted following the dynamic capability, as a theoretical lens, to understand and analyse supply chain resilience. We extracted and curated 294 peer‐reviewed articles from leading academic databases, Web of Science and Scopus, covering the period from January 2000 to 2024. We applied two complementary network analysis methods, a keyword co‐occurrence network (KCON) to analyse the frequency and interrelationships among key terms, and a research focus parallelship network (RFPN) to map the connectivity among research streams. These analytical approaches revealed three …
Mitigating The Supply Chain Uncertainties And Risks In The Construction Projects: Case Studies Of Australian Construction Projects, Ming Juan Ding, Ferry Jie
Mitigating The Supply Chain Uncertainties And Risks In The Construction Projects: Case Studies Of Australian Construction Projects, Ming Juan Ding, Ferry Jie
Research outputs 2022 to 2026
Mitigating the supply chain uncertainties and risks has become increasingly crucial for project managers to enhance construction project performance. This paper investigates how companies develop risk mitigation frameworks to address the challenges such as disruptive risks, project delays, cost overrun within construction supply chains. The risk mitigation framework developed is more significant compared with other frameworks as it considers further the unique characteristics of a temporary configuration of construction supply chains and the network is particularly vulnerable to some adverse events. Through multiple case studies, this research examines how various stakeholders in construction supply chains manage the risks during and …
Multi-Objective Optimization Of A Three-Level Sustainable Food Supply Chain: Modeling The Impact Of Government Subsidies, Reza Kiani Mavi, Majid Semiari, Seyed Ashkan Hosseini Shekarabi, Neda Kiani Mavi, Fatemeh Moshkdanian, Arezoo Nikravesh, Sadegh Golsorkhi
Multi-Objective Optimization Of A Three-Level Sustainable Food Supply Chain: Modeling The Impact Of Government Subsidies, Reza Kiani Mavi, Majid Semiari, Seyed Ashkan Hosseini Shekarabi, Neda Kiani Mavi, Fatemeh Moshkdanian, Arezoo Nikravesh, Sadegh Golsorkhi
Research outputs 2022 to 2026
This study develops an integrated optimization framework which supports the sustainable design of a food supply chain with three echelons: suppliers, a central manufacturer, and retailers. The model minimizes total cost and carbon emissions while simultaneously maximizing the share of products made with certified green processes, capturing economic, environmental, and social pillars of sustainability. Government policy is represented through two distinct incentives: a per-unit subsidy for green production and a per-use subsidy for alternative fuel vehicles, both directly reducing relevant costs in the decision space. For scalability, a tailored non-dominated sorting genetic algorithm II (NSGA-II) is developed and benchmarked against …
A Novel Robust Optimization Approach For Supply Chain Resilience: The Role Of Flexibility And Collaboration, Seyed Ashkan Hosseini Shekarabi, Reza Kiani Mavi, Neda Kiani Mavi, Flavio Romero Macau, Sobhan (Sean) Arisian
A Novel Robust Optimization Approach For Supply Chain Resilience: The Role Of Flexibility And Collaboration, Seyed Ashkan Hosseini Shekarabi, Reza Kiani Mavi, Neda Kiani Mavi, Flavio Romero Macau, Sobhan (Sean) Arisian
Research outputs 2022 to 2026
Supply chains are increasingly vulnerable to disruptive events that impair performance and stability. Despite research on supply chain resilience, a significant gap remains in risk management approaches on how to simultaneously minimize expected costs and control extreme cost variations. Existing methods neglect to narrow the gap between worst-case and best-case outcomes and to quantify the economic benefit of enhanced information in decision-making under uncertainty. This gap underscores the need for an integrated robust optimization framework that balances expected cost and risk while incorporating the assessment of novel digital technologies. In response, this study proposes a two-stage stochastic mixed-integer nonlinear programming …
Converting Counterfeiters In Emerging Markets To Authorized Suppliers: A New Anti-Counterfeiting Measure, Liling Lu, Xin Fang, Sarah Yini Gao, Burak Kazaz
Converting Counterfeiters In Emerging Markets To Authorized Suppliers: A New Anti-Counterfeiting Measure, Liling Lu, Xin Fang, Sarah Yini Gao, Burak Kazaz
Research Collection Lee Kong Chian School Of Business
With more products being infringed by counterfeits, anti-counterfeiting measures, such as law enforcement and consumer education, have commonly been adopted in emerging markets. In recent years, “super fakes,” i.e., counterfeits of high quality, have become popular. Super fake manufacturers’ capability to produce high-quality products inspires a new anti-counterfeiting measure: converting counterfeiters to authorized suppliers. To study the effectiveness of this anticounterfeiting measure, our paper employs a game-theoretic model to examine the interactions between a brand-name firm with its home supplier, and a counterfeiter who produces high-quality counterfeits and can be potentially converted to an authorized overseas supplier. Our results show …
Optimal Abort Policy For Mission-Critical Systems Under Imperfect Condition Monitoring, Qiuzhuang Sun, Jiawen Hu, Zhi-Sheng Ye
Optimal Abort Policy For Mission-Critical Systems Under Imperfect Condition Monitoring, Qiuzhuang Sun, Jiawen Hu, Zhi-Sheng Ye
Research Collection College of Integrative Studies
Although most on-demand mission-critical systems are engineered to be reliable to support critical tasks, occasional failures may still occur during missions. To increase system survivability, a common practice is to abort the mission before an imminent failure. We consider optimal mission abort for a system whose deterioration follows a general three-state (normal, defective, failed) semi-Markov chain. The failure is assumed self-revealed, whereas the healthy and defective states have to be inferred from imperfect condition-monitoring data. Because of the non-Markovian process dynamics, optimal mission abort for this partially observable system is an intractable stopping problem. For a tractable solution, we introduce …
Global Commons, Local Crises: The Ecological Embeddedness Of Global Production Networks, Christopher R. Whynacht
Global Commons, Local Crises: The Ecological Embeddedness Of Global Production Networks, Christopher R. Whynacht
Graduate Doctoral Dissertations
Notions of Global Production Networks (GPNs) are popular approaches to studying the complex, dispersed, and socially embedded production of goods and services. Yet, these concepts have largely struggled with incorporating environmental resources, risks, and actors. My dissertation leverages insights from Actor-Network Theory (ANT) to contextualize ecological elements of production as coequal participants with social stakeholders. I describe how GPNs are ecologically embedded and nested within the natural environment. I draw from ANT to develop a GPN framework that internalizes ecological dimensions. The second chapter in this dissertation develops these ideas and provides theoretical framing for further empirical chapters. The third …
Köppen-Geiger Climate Effects On F-15 Readiness Spares Package Parts, Maximus A. Fan
Köppen-Geiger Climate Effects On F-15 Readiness Spares Package Parts, Maximus A. Fan
Theses and Dissertations
Readiness Spares Packages (RSP) are critical to deployed operations. Future demands of the Air Force require squadrons to operate in different climate environments from home stations. RSPs can sustain aircraft maintenance operations for up to 30 days. Currently, failure rates of parts within the RSP are assumed to be constant. This research aims to explore whether there is a difference in F-15 RSP failure rates when Koeppen climate classifications are taken into effect. The Koeppen-Geiger system classifies area climates based on the geography, elevation, and location. The history of operations and diversity of F-15 locations make the aircraft an ideal …
Scalable And Adaptive Agile Framework For Semiconductor Foundry: Advanced Packaging And Heterogeneous Integration Perspective, Pravin Thorat
Scalable And Adaptive Agile Framework For Semiconductor Foundry: Advanced Packaging And Heterogeneous Integration Perspective, Pravin Thorat
Harrisburg University Dissertations and Theses
This research addressed the critical requirement for a scalable and adaptive agile framework specifically designed for the unique demands of semiconductor foundries specializing in advanced packaging and heterogeneous integration (HI). The semiconductor industry was encountering growing pressure to innovate and respond quickly to rapidly evolving demands, yet traditional manufacturing processes often struggled to adapt. Existing agile frameworks, mainly developed for the software industry, lacked the necessary adaptations to address the complexities of semiconductor manufacturing, including extended lead times, high capital investment, rigorous quality requirements, and the integration of various technologies. This research gap hindered the ability of semiconductor foundries to …
Sustainability: Buzz Word Or Future Of Fashion? Measuring The Feasibility Of Outright Sustainability Among Fast Fashion’S Biggest Agents, Ryan Miller
Apparel Merchandising and Product Development Undergraduate Honors Theses
Abstract
The fashion industry is currently experiencing unsustainable rates of pollution within its supply chains. The rapid increase in demand for short lead times perpetrated by large-scale retailers has led to hazardous practices negatively affecting both the environmental conditions and working conditions of producing countries. With this increased pressure, relationships between brands and suppliers have become untenable. Limited transparency and imbalanced power dynamics at the hand of the industry’s leading retailers require restructuring in order to build more sustainable and equitable supply-chain practices. Further, governmental regulation is currently limited in its capacity to enforce sustainable business practices on a global …
A Monte Carlo Analysis Of Cost Competitiveness Of Chinese And U.S. Fine Chemical Exports To Europe Under Europe’S Energy Crisis, Lin Luo
Dissertations
The European energy crisis, driven by geopolitical conflicts, has created a significant supply-demand gap in Europe’s fine chemical sector, necessitating reliance on imports from the United States and China. This quantitative study examined how energy, labor, and logistics costs interacted to shape the cost competitiveness of U.S. and Chinese fine chemical exports to Europe, using a Monte Carlo simulation parameterized with historical data from 2015-2023, to provide a probabilistic forecast of competitive outcomes. The findings revealed that while China holds a 76.55% probability of being the lower-cost supplier, its advantage is characterized by high volatility primarily due to its logistics …
Eliciting Supplier Cooperation For Value Chain Decarbonization: A Field Experiment With Smallholder Farmers In India, Sukti Ghosh, Jasjit Singh
Eliciting Supplier Cooperation For Value Chain Decarbonization: A Field Experiment With Smallholder Farmers In India, Sukti Ghosh, Jasjit Singh
Research Collection Lee Kong Chian School Of Business
Many firms are attempting to reduce greenhouse gas emissions across their value chain. However, this requires convincing suppliers to adopt relevant decarbonization practices, which is challenging when the suppliers perceive such practices as risky or detrimental for their economic well-being. We employ a field experiment to examine relational investments (i.e., investments intended to promote mutual benefit for the exchange partners) as a tool for overcoming this challenge. In a research collaboration with a global firm pursuing decarbonization of its agricultural supply chain in India, we investigated the effectiveness of complementing training their supplier farmers on climate-friendly agricultural practices with also …
Engaging For A Sustainable Manufacturing: The Power Of Adaptive Leadership In Industry 5.0, Rizwana Rasheed, Aamir Rashid, Abdul Hafaz, Rashid Hashmi
Engaging For A Sustainable Manufacturing: The Power Of Adaptive Leadership In Industry 5.0, Rizwana Rasheed, Aamir Rashid, Abdul Hafaz, Rashid Hashmi
Publications and Research
In today’s highly competitive and rapidly evolving business environment, organizations must continuously adapt to technological advancements and market volatility. This study examines how adaptive leadership influences sustainable manufacturing through employee engagement, with employee wellbeing as a mediator and mindfulness as a moderator. Using data from 1,388 U.S. manufacturers and PLS-SEM analysis, the research confirms that adaptive leadership positively impacts sustainable manufacturing through engaged employees and enhanced wellbeing. Additionally, employee mindfulness significantly strengthens the relationship between adaptive leadership and engagement. These findings highlight the importance of leadership styles that foster employee participation and mental wellbeing in achieving long-term manufacturing sustainability. The …
The Effect Of Cognitive Biases And Organizational Constructs On Enterprise Resource Planning Implementation Success In Small And Medium-Sized Enterprises: A Pls-Sem Approach, Michael Davidson
Dissertations
Enterprise Resource Planning (ERP) systems are crucial to enhancing organizational performance, efficiency, and strategic competitiveness in small to medium-sized enterprises (SMEs). ERP adoption in SMEs has been known to fail, with more than 75% of the implementations considered failures. These barriers are compounded by cognitive biases, such as temporal discounting (TD) and optimism bias (OB), which skew the strategic decision-making process. The framework suggested in this paper explains the relationships between top management support (TMS), information quality (IQ), system quality (SQ), user satisfaction (US), optimism bias (OB), and temporal discounting (TD) and their impact on ERP implementation success (EIS) and …
Aviation Procurement And Sustainability, Kyle A. Paddack
Aviation Procurement And Sustainability, Kyle A. Paddack
Sustainable Supply Chain Management
This Study investigates the relationship of procurement practices on sustainability performance within the aviation maintenance, repair, and overhaul (MRO) operations utilizing Aeroman - El Salvador's leading MRO provider - as the center of the case study. Utilizing the Triple Bottom Line framework, the research maps out the current sourcing model used, identifying pressures toward single sourcing agreements, expedited logistics, and vague supply chains. a qualitative approach combines data from industry leaders, direct company information, and ESG document analysis form a three-dimensional assessment matrix that evaluate the economic, environmental, and social indicators for the company. Throughout the TBL framework will be …
An Extended Robust Optimisation Approach For Sustainable And Resilient Supply Chain Network Design: A Case Of Perishable Products, Seyed Ashkan Hosseini Shekarabi, Reza Kiani Mavi, Flavio Romero Macau
An Extended Robust Optimisation Approach For Sustainable And Resilient Supply Chain Network Design: A Case Of Perishable Products, Seyed Ashkan Hosseini Shekarabi, Reza Kiani Mavi, Flavio Romero Macau
Research outputs 2022 to 2026
Disruptions and uncertainties pose considerable challenges in supply chain (SC) operations, requiring robust, strategic approaches. This study addresses financial resource allocation between supply chain network (SCN) design and external market investments, explicitly considering budget allocation and sales representative selection for perishable products. We propose a novel axis-shift robust (AxShR) method combined with an enhanced p-robust optimisation framework to manage multiple complex uncertainties. The model introduces a new resilience strategy allowing retailers to transfer products within the SCN, and apply artificial intelligence (AI) via a neural network to predict disruptions by evaluating risk indicators such as supplier location risk, raw material …
The Use Of Burt’S Method In Rationalizing The Cost Of Time And Evaluating The Performance Companies: An Applied Study In State Company For Textile And Leather Industries - Hilla Textile Factory, Aqeel Jaber Kadhim
Muthanna Journal of Administrative and Economics Sciences
Burt’s method is a significant process research method that provides information that directly affects the scheduling process of complex projects and planning and monitoring their completion. As a result, it has gained notoriety among practitioners in the field of specialization and offers additional advantages through computer systems for completion. It seeks to finish the project as quickly as possible while using the resources and capabilities that are available and at the lowest feasible cost. The evaluation of the performance of companies is represented in the extent of the ability of the company’s management to evaluate the performance of its activities …
The Aggregate Welfare And Trade Implications Of Contracting Frictions In Global Sourcing, Davin Chor, Lin Ma
The Aggregate Welfare And Trade Implications Of Contracting Frictions In Global Sourcing, Davin Chor, Lin Ma
Research Collection School Of Economics
How much do contracting frictions between global firms and their suppliers impact country welfare and trade? We answer this by developing a model of global sourcing under partial contractibility, where firm-supplier relationships are exposed to a bilateral holdup problem. Sourcing decisions aggregate into a gravity equation for trade flows by organizational mode (intrafirm vs. arm’s length), which we take to structural estimation. We can then evaluate welfare changes with an extended Arkolakis, Costinot and Rodriguez-Clare (2012) formula that incorporates these contracting frictions. Our counterfactual analysis reveals a sizeable average country welfare gain of 9.2% from eliminating contracting frictions in global …
Extubation Decisions With Predictive Information For Mechanically Ventilated Patients In Icu, Guang Cheng, Jingui Xie, Zhichao Zheng, Haidong Luo, Oon Cheong Ooi
Extubation Decisions With Predictive Information For Mechanically Ventilated Patients In Icu, Guang Cheng, Jingui Xie, Zhichao Zheng, Haidong Luo, Oon Cheong Ooi
Research Collection Lee Kong Chian School Of Business
Weaning patients from mechanical ventilators is a crucial decision in intensive care units (ICUs), significantly affecting patient outcomes and the throughput of ICUs. This study aims to improve the current extubation protocols by incorporating predictive information on patient health conditions. We develop a discrete-time, finite-horizon Markov decision process with predictions of future state to support extubation decisions. We characterize the structure of the optimal policy and provide important insights into how predictive information can lead to different decision protocols. We demonstrate that adding predictive information is always beneficial, even if physicians place excessive trust in the predictions, as long as …
Can Lower(Ed) Expert Opinions Lead To Better Consumer Ratings?: The Case Of Michelin Stars, Xingyi Li, Yiting Deng, Puneet Manchanda, Bert De Reyck
Can Lower(Ed) Expert Opinions Lead To Better Consumer Ratings?: The Case Of Michelin Stars, Xingyi Li, Yiting Deng, Puneet Manchanda, Bert De Reyck
Research Collection Lee Kong Chian School Of Business
Expert opinion exerts tremendous influence on the purchase journey, but its effect on overall consumer experience is ambiguous because it can give rise to both “expectation” and “reputation” effects. This paper explores the effect of expert opinions on consumer experience via the lens of consumer reviews in the restaurant industry, where the expert opinions are conveyed by Michelin stars. The paper uses a unique data set based on the Michelin Guide for Great Britain & Ireland from 2010 to 2020. The data include consumer reviews on TripAdvisor for all restaurants that were awarded Michelin stars during this period and a …