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...
Probability theory is the framework for making decision under uncertainty. In classification, Bayes' rule is used to calculate the probabilities of the classes and it is a bi...
Mohammed J. Islam, Q. M. Jonathan Wu, Majid Ahmadi...