In this paper, we address the question of how the assessment of costs influences decisions in a newsvendor setting. We expect that different cost types lead to different behavior. In our investigation, we consider a newsvendor problem with opportunity costs and a newsvendor problem with penalty...

We consider a master surgery scheduling (MSS) problem in which block operating room (OR) time is assigned to different surgical specialties. While many MSS approaches in the literature consider only the impact of the MSS on operating theater and operating staff, we enlarge the scope to...