We study inventory systems operating under an infinite-horizon, periodic-review base-stock control policy with stochastic demand and imperfect (i.e., less than 100% reliable) supply. We model demand using a general discrete distribution and replenishment lead time using a geometric distribution,...

It is becoming increasingly difficult for textile companies in the United States to compete with companies around the world. Each company needs to determine ways that their company can compete on a global level. One way that textile companies can compete is by taking advantage of their proximity...

This dissertation studies the competitive behavior of firms in supply chain management and revenue management contexts. A game theoretic approach is employed. We analyze capacity allocation and pricing strategies and derive equilibrium solutions for multiple competing firms. We also study...

Approximately 50% of the households in America invest in the stock market. In many cases the investor's buy and hold strategy leads to negative returns. Given the stock market fluctuates up and down as time progresses, analysts examine stock prices, volumes traded and ratios to recommend buy and...

In this thesis, three procurement policies (Backup Policy, Blend Policy, and Partial Order Policy) are considered and evaluated using a Discrete Time Markov Decision Process. The following factors were analyzed: retailer's demand distribution, holding cost, purchasing cost and supplier's...

BWW solicited the assistance of a team North Carolina State University engineers to help them save time and money by analyzing their MRAP manufacturing operations and recommending a plan that would demonstrate their ability to meet a possible output of 4100 vehicles per year for 5 years....