We consider a problem of dynamic replenishment of parts in the supply chain consisting of single class of customers, company, and supplier. Customers request a service via the WEB-based ordering system and the company supports service using parts which are procured from the supplier. The...

We consider a problem of dynamic replenishment of parts in the supply chain consisting of single class of customers, company, and supplier. Customers request a service via the WEB-based ordering system and the company supports service using parts which are procured from the supplier. The...

Supply contracts often specify the quantity of inventory for shipments where retailers are liable to pay for ordering costs if order quantity exceeds the contracted size. We analyze a periodic review system where the firm manages its demand that are reserved with a one-period leadtime together...

A method for assessing the optimal stock size for the expected order size for a single-period one-dimensional cutting stock problem is proposed. The stock size is optimal when the expected total costs of trim loss, warehousing, and non-fulfilment are minimum. The stock size is the sum of all bar...

Information and communication technologies (ICT) for health or eHealth solutions hold great potential for generating systemic efficiencies by strengthening five critical pillars of a health system: human resources for health, supply chain management, health care financing, governance and service...

We develop a model of household demand for frequently purchased consumer goods that are branded, storable and subject to stochastic price fluctuations. Our framework accounts for how inventories and expectations of future prices affect current period purchase decisions. We estimate our model...