We develop a continuous time Newsvendor model to determine the optimal inventory level for commodities in an established financial market. Unlike most models in literature, the newsvendor is not necessarily risk-neutral and chooses the order quantity that maximises the expected utility of the...

Part I: Introduction to Supply Chain and Operations Management -- 1. Basics of Supply Chain and Operations Management -- 2. Examples from Different Industries, Services, and Continents -- 3. Processes, Systems, and Models -- Part II: Designing Operations and Supply Network: Strategic Perspective...

Analytics and model-based decision-making support -- Demand Forecasting, Production Planning and Inventory Control -- Discrete-Event Simulation of manufacturing processes and inventory control -- Facility location planning and network optimization -- Supply chain risk and resilience analytics.