AI and procurement
Published in Manufacturing & Service Operations Management, 2022
Recommended citation: Ruomeng Cui, Meng Li, Shichen Zhang, "AI and procurement." Manufacturing & Service Operations Management, 2022, forthcoming.
Published in Manufacturing & Service Operations Management, 2022
Recommended citation: Ruomeng Cui, Meng Li, Shichen Zhang, "AI and procurement." Manufacturing & Service Operations Management, 2022, forthcoming.
Published in Production and Operations Management, 2022
Recommended citation: Baixun Li, Meng Li, Chao Liang, "Cry-wolf syndrome in recommendation." Production and Operations Management, 2022, forthcoming.
Published in Production and Operations Management, 2022
Recommended citation: Meng Li, Tao Li, "AI automation and retailer regret in supply chains." Production and Operations Management, 2022, forthcoming.
Published in Management Science, 2022
Recommended citation: Meng Li, Yan Liu, "Managerial regret and inventory pricing." Management Science, 2022, forthcoming.
Published in Production and Operations Management, 2021
Recommended citation: Meng Li, Yunchuan Liu, "Beneficial product returns in supply chains." Production and Operations Management, 2021, 30 (11), 3849–3855.
Published in Production and Operations Management, 2021
Recommended citation: Jialu Li, Meng Li, Xuan Zhao, "Transshipment between overconfident newsvendors." Production and Operations Management, 2021, 30 (9), 2803-2813.
Published in Manufacturing & Service Operations Management, 2021
Recommended citation: Ruomeng Cui, Jingyun Li, Meng Li, Lili Yu, "Wholesale price discrimination in global sourcing." Manufacturing & Service Operations Management, 2021, 23(5): 1096-1117.
Published in Management Science, 2020
Recommended citation: Ruomeng Cui, Meng Li, Qiang Li, "Value of high-quality logistics: Evidence from a clash between SF Express and Alibaba." Management Science, 2020, 66 (9), 3879-3902.
Published in Production and Operations Management, 2019
Recommended citation: Meng Li, "Overconfident distribution channels." Production and Operations Management, 2019, 28(6), 1347-1365.
Published in Strategic Management Journal, 2019
Recommended citation: Xianjin Du, Meng Li, Brian Wu, "Incumbent repositioning with decision biases." Strategic Management Journal, 2019, 40(12), 1984-2010.
Published in International Journal of Production Research, 2018
Recommended citation: Meng Li, Nicholas Petruzzi, "Consumer search, transshipment, and bargaining power in a supply chain." International Journal of Production Research, 2018, 56(10): 3423-3438.
Published in Management Science, 2017
Recommended citation: Meng Li, Nicholas Petruzzi, Jun Zhang, "Overconfident competing newsvendors." Management Science, 2017, 63(8), 2637–2646.
Published in Production and Operations Management, 2017
Abstract: This note analyzes the effects associated with reducing demand uncertainty in a decentralized supply chain comprising one manufacturer, one retailer, and a wholesale price contract that governs the transactions between them. The demand uncertainty level is parameterized through a mean-preserving spread, and the manufacturer’s and the retailer’s equilibrium decisions are solved accordingly. We consider the case of an exogenous retail price as well as the case of an endogenous retail price, and we find in both cases that the manufacturer’s and the retailer’s expected profits in equilibrium are not necessarily monotone decreasing in the uncertainty level. Thus, we find that, even if the cost of reducing demand uncertainty is zero, uncertainty reduction can hurt rather than benefit either or both members of the supply chain.
Recommended citation: Meng Li, Nicholas Petruzzi, "Technical Note—Demand uncertainty reduction in decentralized supply chains." Production and Operations Management, 2017, 26(1), 156–161.
Published in Production and Operations Management, 2016
Recommended citation: Alain Bensoussan, Metin Çakanyildirim, Meng Li, Suresh P. Sethi, "Managing inventory with cash register information: Sales recorded but not demands." Stochastics, 2016, 25(1), 9–21.
Published in Annals of Operations Research, 2016
Recommended citation: Meng Li, Suresh P. Sethi, Jun Zhang, "Competing with bandit supply chains." Annals of Operations Research, 2016, 240(2), 617–640.
Published in Risk and Decision Analysis, 2014
Recommended citation: Alain Bensoussan, Metin Çakanyildirim, Meng Li, Suresh P, "Structural flexibility indices with shrinking capacities in cross production." Risk and Decision Analysis, 2014, 5(4), 189–210.
Published in Stochastics, 2013
Recommended citation: Alain Bensoussan, Metin Çakanyildirim, Meng Li, Suresh P. Sethi, "Optimal inventory control with shrinkage and observed sales." Stochastics, 2013, 85(4), 589–603.
Published in Operations Research Letters, 2012
Recommended citation: Meng Li, Jun Zhang, "Does inventory pooling improve customer service levels?" Operations Research Letters, 2012, 40(12), 96–98.
Published in International Journal of Production Research, 2012
Recommended citation: Tieming Liu, Meng Li, "Structural flexibility indices with shrinking capacities in cross production." International Journal of Production Research, 2012, 50(2), 393–407.
Published in Stochastic Processes, Finance and Control: A Festschrift in Honor of Robert J. Elliott, S. Cohen, D. Madan, T. K. Siu, and H. Yang (eds.), 2012
Recommended citation: Alain Bensoussan, Metin Çakanyildirim, Meng Li, Suresh P. Sethi, "Existence and uniqueness of solutions for a partially observed stochastic control problem." Stochastic Processes, Finance and Control: A Festschrift in Honor of Robert J. Elliott, S. Cohen, D. Madan, T. K. Siu, and H. Yang (eds.), World Scientific, 2012, 393–413