This paper studies a dynamic procurement and production process used by many automakers, and BMW in particular. An automaker (she) must procure components from an upstream supplier (him) to assemble cars in a given production period. Demand for cars is stochastic and retail prices are...

Recent developments in the U.S. tariff policies have prompted companies to rethink the need for a diversified global supply chain, particularly by adding an onshore/nearshore production location to the current offshore location. This paper adopts the Newsvendor Network framework and...