We consider a stochastic, capacitated production-inventory model in which the customer provides information about the expected timing of future orders to the supplier. We allow for randomness in customer order arrivals as well as the quantity demanded, but work under the assumption that the...

This paper analyzes the trade-off between (demand) substitution costs and (production) changeover costs in a discrete-time production-inventory setting using a two-product dynamic lot-sizing model with changeover, inventory carrying, and substitution costs. We first show that the problem is...

Fee-for-service (FFS) contracts, first introduced in 2004, dramatically changed the way the pharmaceutical distribution supply chains are designed, managed, and operated. Investment buying (IB), forward buying in anticipation of drug price increases, used to be the way the distributors made most...