In this thesis we examine several business scenarios in which the owner (principal) of an inventory system, who is risk-neutral, delegates its design and/or implementation to an agent (internal manager, external supplier, or consultant) whose hidden effort influences the duration of the item's...

In this paper, 1 will describe examples of state-of-the-art practice in supply-chain management; e.g., vendor-managed inventory, quick response, and other contemporary systems, such as Wal-Mart's RetailLink. The perspective will be that of what I call the JDJB Portfolio; i.e., what Information...

“Wrong-product” delivery - the delivery of a product different from that desired - is a significant, but as yet unexplored problem in supply-chain management research. There are basically two reasons for wrong-product delivery: either the wrong product is mistakenly ordered or the right...

This paper examines the introduction of information-sharing into the supply chains for pharmaceutical products in the United States. This introduction was unusual for several reasons. First, it was catalyzed from outside the industry, by a Securities and Exchange Commission (SEC) investigation...

We consider the problem of a newsvendor that is served by multiple suppliers, where any given supplier may be unreliable. By unreliable we simply mean that the marginal amount received from a supplier is no more than, and typically is less than, the marginal amount ordered from the supplier. In...