The paper considers a production/distribution system that involves one vendor and multiple buyers. The buyers belong to an entity that is operationally more cost efficient than the vendor. We study two settings that have been widely applied in practice: vendor-managed inventory (VMI) and...

In distribution systems, excess stocks can be shared across different locations to fulfill unsatisfied demand. This raises many operations problems including inventory policies, transportation, partner selection and contracts. This paper reviews the up-to-date literature in inventory...