We consider a finite-horizon, periodic-review system for a perishable product at a retailer that faces stochastic, age-dependent demand and loses excess demand, if any. For this system, we build three models that capture two sources of unfilled demand, insufficient inventory and inappropriate...

Cloud bursting is a hybrid computing resource model in which a firm firstly uses its own internal computing resources and then bursts to a public cloud for extra resources as needed. This paper develops quantitative models to examine whether a firm who has on-site capacity can be benefited from...

In the paper, the concept of circulation industrial chain of distinctive agricultural products is introduced. By using the e-commerce platform, the new industrial chain for the circulation of distinctive agricultural products on the basis of online transaction is established. In view of the...

Recovering from unanticipated disasters is critical in today’s global market. This paper examines the effectiveness of popular recovery strategies used to address unpredictable disasters that derail supply chains. We create a formal model to portray dynamic operational performance among supply...