In this paper, we study the inventory system of an online retailer with compound Poisson demand. The retailer normally replenishes its inventory according to a continuous review (nQ, R) policy with a constant lead time. Usually demands that cannot be satisfied immediately are backordered. We...

The rise of smart and connected products has led to unprecedented data richness and the ever-increasing product connectivity, which catalyze the emergence of the data network effect and present a fresh opportunity for product innovation. This paper investigates whether and how connected product...