Supply planning optimization is one of the most important issues for manufacturers and distributors. Supply is planned to meet the future demand. Under the uncertainty involved in ...
We study the important problem of how a supplier should optimally share the consequences of demand uncertainty (i.e., the cost of inventory excesses and shortages) with a retailer...
The quality of multi-stage stochastic optimization models as they appear in asset liability management, energy planning, transportation, supply chain management, and other applicat...
This paper presents a method for allocating production capacity among flexible and dedicated machines based on uncertain demand forecasts of products in a production portfolio. Gi...
We consider several classical models in deterministic inventory theory: the single-item lot-sizing problem, the joint replenishment problem, and the multi-stage assembly problem. ...