A newsvendor game studies whether players can collaborate on inventory pooling, where the cost allocation is usually analyzed by the notion of core in cooperative game theory. It is known that the core of the newsvendor game is non-empty and one can use duality theory in stochastic programming...

Stolyar and Wang (2021) provide a proof-of-concept that randomness of lead times in inventory systems can be exploited to achieve large - potentially unlimited - performance improvements, compared to the case of constant lead time. In this paper we explore what improvements are actually...