We consider a finite-horizon, multiechelon inventory system in which the surplus of stock can be sold (i.e., disposed) in the secondary markets at each stage in the system. What are called <i>nested echelon order-up-to policies</i> are shown to be optimal for jointly managing inventory replenishments...

Cyclical scheduling, where the time between production periods for each item is constant, offers simplicity and ease of control compared with noncyclical scheduling, where production periods are irregularly spaced. However, when demands are dynamic, flexibility in the spacing of production...

This paper explores a technique for developing a conference (or class) schedule that maximizes the servicing of participant requests for sessions. Data regarding participant interests are collected before the time the schedule is generated. The problem contains two principal parts: (1) to...

This paper discusses the selection and design of heuristic procedures for solving one-dimensional roll trim problems. These are well-defined combinatorial problems which are too large to optimize. Five different roll trim problems from the paper and film industries are described along with the...

In many industries, managers face the problem of selling a given stock of items by a deadline. We investigate the problem of dynamically pricing such inventories when demand is price sensitive and stochastic and the firm's objective is to maximize expected revenues. Examples that fit this...

The rapid growth of telecommunication capacity, driven in part by the wide-ranging deployment of fiber-optic technology has led to increasing concern regarding the survivability of such networks. In communication networks, survivability is usually defined as the percentage of total traffic...