The incentive effect of acceptance sampling plans in a supply chain with endogenous product quality

This article studies a firm that procures a product from a supplier. The quality of each product unit is measured by a continuous variable that follows a normal distribution and is correlated within a batch. The firm conducts an inspection and pays the supplier only if the product batch passes the inspection. The inspection not only serves the purpose of preventing a bad batch from reaching customers but also offers the supplier an incentive to improve product quality. The firm determines the acceptance sampling plan, and the supplier determines the quality effort level in either a simultaneous game or a Stackelberg leadership game, in which both parties share inspection cost and recall loss caused by low product quality. In the simultaneous game, we identify the Nash equilibrium form, provide sufficient conditions that guarantee the existence of a pure strategy Nash equilibrium, and find parameter settings under which the decentralized and centralized supply chains achieve the same outcome. By numerical experiments, we show that the firm's acceptance sampling plan and the supplier's quality effort level are sensitive to both the recall loss sharing ratio and the game format (i.e., the precommitment assumption of the inspection policy). © 2013 Wiley Periodicals, Inc. Naval Research Logistics, 2013     

How Different Terrorist Attacks Affect Stock Markets

Terrorist attacks adversely affect the Pakistani stock market. However, such effect is short-lived: the market recovers from terrorist shocks in one day. The impact of attack depends on the locations and types of attack. The more severe the attack (i.e. more people killed), the more negative is the KSE-100 index return. Most interestingly, stock market contains information about future attacks. In sum, different tactics of terrorists have varied effects on financial markets, which in turn can predict terrorist attacks.     

Emotions,Risk Perceptions and Precautionary Actions of Citizens During a Military Operation Using a New Defence Technology: The Israeli Case of the Iron Dome

Abstract

The current field study used unique data collected in Israel in July 2014, during a military operation that the Israel Defence Forces (I.D.F.) conducted in the Gaza Strip, in reaction to the thousands of missiles launched from there into Israel. During this operation, the new Iron Dome anti-missile defence system was used to protect Israelis exposed to missile attacks. The study examined factors that correlate with decisions to comply with I.D.F. defence instructions regarding behaviour during missile attacks. In addition, the study examined the relationship between attitudes towards the Iron Dome technology and emotions, risk perceptions, and the decision to comply with I.D.F. defence instructions. The results indicate that stronger positive opinions towards Iron Dome were correlated with lower levels of fear and anger, and beliefs that participant’s chances of being injured by a missile were lower than they had been during previous military operation. In addition, better compliance with I.D.F. defence instructions correlated with being more fearful, angrier at Hamas, living closer to Gaza Strip, and having more positive opinions about Iron Dome. The findings also indicate gender differences with respect to factors correlated with risk perceptions, opinions regarding Iron Dome, and precautionary actions during attacks.     

模糊综合评价法在消防应急救援指挥平台建设中的应用研究

消防应急救援指挥平台建设项目具有涉及随机因素多、适用环境复杂、使用技术先进、投资较大等特征,在分析研究该项目的基础上,构建了基于模糊综合评价法的项目风险评价模型,并应用该模型对消防应急救援指挥平台建设项目进行了风险评价,得出了相应的风险水平,证明了该项目的可行性,提出了降低风险的措施.     

论城市公共安全管理网络平台的建设

针对城市的快速发展,各种突发性自然灾害或人为破坏事件增多,在充分分析城市公共安全管理现状的基础上,提出了城市公共安全管理网络平台建设,并对其总体结构,各自功能,技术、政策支持及运行模式进行了深入论述。     

The impact of demand uncertainty on product line design under endogenous substitution

The existing product line design literature devotes little attention to the effect of demand uncertainty. Due to demand uncertainty, the supply‐demand mismatch is inevitable which leads to different degrees of lost sales depending on the configuration of product lines. In this article, we adopt a stylized two‐segment setup with uncertain market sizes and illustrate the interplay between two effects: risk pooling that mitigates the impact of demand uncertainty and market segmentation that facilitates consumer differentiation. Compared to downward substitution, inducing bidirectional substitution through product line decisions including quality levels and prices can yield greater risk pooling effects. However, we show that the additional benefit from the risk pooling effect cannot compensate for the reduced market segmentation effect. We demonstrate that the presence of demand uncertainty can reduce the benefit of market segmentation and therefore the length of product lines in terms of the difference between products. We also propose three heuristics that separate product line and production decisions; each of these heuristics corresponds to one particular form of demand substitution. Our numerical studies indicate that the best of the three heuristics yields performance that is close to optimality. © 2015 Wiley Periodicals, Inc. Naval Research Logistics 62: 143–157, 2015     

Technical note – operational statistics: Properties and the risk‐averse case

Consider a repeated newsvendor problem for managing the inventory of perishable products. When the parameter of the demand distribution is unknown, it has been shown that the traditional separated estimation and optimization (SEO) approach could lead to suboptimality. To address this issue, an integrated approach called operational statistics (OS) was developed by Chu et al., Oper Res Lett 36 (2008) 110–116. In this note, we first study the properties of this approach and compare its performance with that of the traditional SEO approach. It is shown that OS is consistent and superior to SEO. The benefit of using OS is larger when the demand variability is higher. We then generalize OS to the risk‐averse case under the conditional value‐at‐risk (CVaR) criterion. To model risk from both demand sampling and future demand uncertainty, we introduce a new criterion, called the total CVaR, and find the optimal OS under this new criterion. © 2015 Wiley Periodicals, Inc. Naval Research Logistics 62: 206–214, 2015     

装备项目型供应链风险控制策略

项目型供应链管理模式能有效实现装备研制过程中行为主体间的优势互补和资源的优化配置,利于供应链整体效益的提高,但各种不确定性因素会导致主体间风险传递行为的发生。为提供风险控制有效对策,通过考虑节点位置重要度和属性重要度,构建了项目型供应链节点重要度评估模型;通过衡量行为主体风险识别和风险控制的努力程度,给出了行为主体抗风险努力程度的评价方法,最后提出了一种基于节点重要度和抗风险努力程度的项目型供应链利益分配策略,该策略能有效促使行为主体主动进行风险识别和风险控制,是一种"风险共担、利益共享"的项目型供应链合作博弈策略。     

Making long-range planning work: the case of the US Army's 30-year strategic modernization plan

The extensive timespan of evolving assumptions about future adversaries, US military engagements, and technology inherent in the US Army's 30-year modernization strategy can overwhelm the management capacity of planners, and misdirect acquisition investments. Some military scholars have argued that long-range planning is futile due to the complexities of the global security environment. So how can the US Army manage the evolving assumptions inherent in its 30-year modernization strategy to ensure it remains a superior global force? This study will answer the above question by arguing that the US Army's 30-year modernization strategy, while emulative of a similar modernization approach in the threat-based planning environment of the Cold War, is viable if supported by a method and a tool that manage investments and planning assumptions.     

应急器材柔性采购定价建模与求解

由于当前应急器材储备依然存在“多储”或“少储”风险,为提高储备效益,以企业经济效益与军队采购成本为优化目标,提出了应急器材柔性采购策略。通过建立企业储备策略与军队采购定价最优化模型,求解得到了在不同战争爆发概率及器材现货市场价格区间等外部环境因素下的军队最佳柔性定价及对应的企业最优储备策略,并通过实例分析验证了得出的决策结论。结果表明,最优策略的实施将有利于军队与企业共担应急器材数量储备风险。