We consider a finite-horizon, periodic-review system for a perishable product at a retailer that faces stochastic, age-dependent demand and loses excess demand, if any. For this system, we build three models that capture two sources of unfilled demand, insufficient inventory and inappropriate...

Cloud bursting is a hybrid computing resource model in which a firm firstly uses its own internal computing resources and then bursts to a public cloud for extra resources as needed. This paper develops quantitative models to examine whether a firm who has on-site capacity can be benefited from...