This paper develops mathematical models to coordinate facility location and inventory control for a four-echelon supply chain network consisting of multiple suppliers, warehouses, hubs and retailers. The hubs help in reducing transportation costs by consolidating products from multiple...

This paper describes a new algorithm for the stochastic shortest path problem where path costs are a weighted sum of expected cost and cost standard deviation. We allow correlation between link costs, subject to a regularity condition excluding unbounded solutions. The chief complication in this...

This paper considers a three level location-inventory problem where demand across the retailers is assumed to be correlated. We first present a reformulation scheme by which the initial formulation is transformed into a mixed integer conic quadratic program. In addition, we propose a solution...