工商管理學(xué)院“李達(dá)講壇”
【第110期】
主題：Mitigating Supply Risk with Limited Information: Emergency Supply and Responsive Pricing
主講人：鐘遠(yuǎn)光 教授
時(shí)間：2022年6月21日（星期二）14:30-17:30
地點(diǎn)：工商管理學(xué)院128報(bào)告廳
主要內(nèi)容：
We investigate the implications and interplay of emergency supply and responsive pricing---two effective strategies to mitigate supply risk---in response to yield randomness with limited distributional information. Specifically, we adopt a distribution-free approach to study an ambiguity-averse monopoly's joint pricing and production decisions given the random yield's mean and variance---arguably two of the most widely used and easy-to-estimate summary statistics. We derive for four models, which result from all possible combinations of the two strategies, closed-form solutions of the optimal price and production decisions as well as the optimal profit. Through comparative analysis, we obtain several managerial insights based on the problem's parameters, including cost parameters, demand parameters, and supply variation. The firm can benefit more from pure emergency supply than from pure responsive pricing if the unit emergency purchasing cost is not larger than certain threshold, and the strategic relation between emergency supply and responsive pricing also critically depends on the unit emergency purchasing cost. We discuss how distributional information about mean and variance bridges the most and least variable situations of the random yield, thus establishing the value and fundamental limit of knowing variance.
主講人簡(jiǎn)介：
鐘遠(yuǎn)光，華南理工大學(xué)工商管理學(xué)院教授，博士生導(dǎo)師。目前研究興趣包括供應(yīng)鏈金融，共享經(jīng)濟(jì)以及優(yōu)化理論在運(yùn)作管理中的應(yīng)用等。多篇論文發(fā)表在了UTD24期刊Management Science、Operations Research、Manufacturing & Service Operations Management。入選廣東省青年珠江學(xué)者（2017），香江學(xué)者（2017）。主持國家自然科學(xué)基金（一項(xiàng)結(jié)題特優(yōu)）、廣東省自然科學(xué)基金，廣東省軟科學(xué)等項(xiàng)目多項(xiàng)。獲廣東省哲學(xué)社會(huì)科學(xué)優(yōu)秀成果獎(jiǎng)一等獎(jiǎng)和二等獎(jiǎng)，教育部高等學(xué)校科學(xué)研究?jī)?yōu)秀成果獎(jiǎng)三等獎(jiǎng)，安徽省科學(xué)技術(shù)獎(jiǎng)三等獎(jiǎng)，華南理工大學(xué)工商管理學(xué)院MBA/ME“我最喜愛的老師”等。
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