We extend the linear programming (LP) model of deterministic supply-chain planning to take demand uncertainty and cash flows into account for the medium term. The resulting stochastic LP model is similar to that of Asset-Liability Management (ALM), for which the literature using stochastic...

We show how to extend the demand planning stage of the sales-and-operations-planning (S&OP) process with a spreadsheet implementation of a stochastic programming model that determines the supply requirement while optimally trading off risks of unmet demand, excess inventory and inadequate...

Introduction: A Long View of Research and Practice in Operations Research and Management Science -- A Long View of the Past -- Economic Planning Models for India in the 1960s -- The Persistence and Effectiveness of Large-Scale Mathematical Programming Strategies: Projection, Outer Linearization,...