Supply Chain Risk: Diversification Vs Under-diversification

Idea posted: January 2015

Institutions: University of St. Thomas Opus College of Business    Frankfurt School of Finance & Management    Pennsylvania State University Smeal College of Business   

Authors:

In 1997, a fire at the only Toyota supplier providing the carmaker with P-valves inspired a change of policy: from then on Toyota would dual-source every part. By 2000, however,…

  READ MORE   PIN TO MY IDEAS Idea #468

The Surprising Benefit of Long Queues for Customers and Business

Idea posted: October 2014

Institutions: Frankfurt School of Finance & Management    Pennsylvania State University Smeal College of Business    University of Chicago Booth School of Business   

Authors:

For most consumers, waiting in a long queue is a frustrating experience. There is nothing to be gained from standing in a slow line at the grocery store or waiting…

  READ MORE   PIN TO MY IDEAS Idea #446

Myopic Pricing Strategies Lose Seasonal Sales

Idea posted: July 2013

Institutions: Pennsylvania State University    University of Virginia Darden Business School    University of Waterloo   

Authors:

According to Mirko Kremer of Pennsylvania State University, Benny Mantin of the University of Waterloo and Anton Ovchinnikov of the University of Virginia’s Darden School of Business, there are two…

  READ MORE   PIN TO MY IDEAS Idea #177