A finite set of outlets with randomly fluctuating demands bands together to reduce costs by buying, storing and distributing their inventory jointly. This is termed inventory centralization and is a type of risk pooling. The expected centralization cost can be lowered even further, without...

This paper examines the subject of cost allocation in a multiple product inventory system, allowing for consolidation of shipments. If we order multiple items using an economic order quantity (EOQ) policy, and consolidate shipments, part of the ordering cost is shared, and part is specific to...

We treat the class of n job - m machine scheduling problems with job processing times dependent on the number of jobs being simultaneously processed in the system at any point in time. Such systems occur when jobs are assigned to multiple parallel processors driven by a common power source. In...