Spare parts demands are usually generated by the need of maintenance either preventively or at failures. These demands are difficult to predict based on historical data of past spare parts usages, and therefore, the optimal inventory control policy may be also difficult to obtain. However, it is...

We consider the problem of finding the optimal routing of a single vehicle that delivers K different products to N customers according to a particular customer order. The demands of the customers for each product are assumed to be random variables with known distributions. Each product type is...

The liberalization of European natural gas markets forces market participants to base their decisions on market prices. For owners and operators of natural gas storage facilities it is therefore necessary to take market prices into account for their decisions. In this framework this paper...

State-of-the-art methods for optimizing cancer treatment over several weeks of external beam radiotherapy take a static–deterministic view of the treatment planning process, mainly focusing on spatial distribution of dose. Recent progress in quantitative functional imaging as well as...

In this research, we consider a retailer selling products from two different generations, both with limited inventory over a predetermined selling horizon. Due to the spatial constraints or the popularity of a given product, the retailer may only display goods from one specific generation. If...

Service processes, such as consulting, require coordinated efforts from the service recipient (client) and the service provider in order to deliver the desired output – a process known as resource integration. Client involvement directly affects the efficiency of service processes, thereby...

Allocation of shunt capacitor banks on radial electric power distribution networks allow reduction of energy losses and aggregated benefits. Four decades ago Durán proposed the use of dynamic programming to find optimal capacitor placement on these networks; however, with the restricting...

The admission decision is one of the fundamental categories of demand-management decisions. In the dynamic model of the single-resource capacity control problem, the distribution of demand does not explicitly depend on external conditions. However, in reality, demand may depend on the current...

The paper addresses restaurant revenue management from both a strategic and an operational point of view. Strategic decisions in restaurants are mainly related to defining the most profitable combination of tables that will constitute the restaurant. We propose new formulations of the so-called...

In many service industries, firms offer a portfolio of similar products based on different types of resources. Mismatches between demand and capacity can therefore often be managed by using product upgrades. Clearly, it is desirable to consider this possibility in the revenue management systems...