We study the effect of capacity uncertainty on the inventory decisions of a risk-averse newsvendor. We consider two well-known risk criteria, namely Value-at-Risk (VaR) included as a constraint and Conditional Value-at-Risk (CVaR). For the risk-neutral newsvendor, we find that the optimal order...

We study a single-item periodic-review model for the joint pricing and inventory replenishment problem with returns and expediting. Demand in consecutive periods are independent random variables and their distributions are price sensitive. At the end of each period, after the demand is realized,...

We study competition between an original equipment manufacturer (OEM) and an independently operating remanufacturer (IO). Different from the existing literature, the OEM and IO compete not only for selling their products but also for collecting returned products (cores) through their acquisition...