We consider a multi-product newsvendor under the law-invariant coherent risk measures. We first establish a few fundamental properties of the model regarding the convexity of the problem, the symmetry of the solution and the impact of risk aversion. Specifically, we show that for identical...

This paper studies operations sequencing for a multi-stage production inventory system with lead times under predictable (deterministic) yield losses and random demand. We consider various cases with either full or partial release of work-in-process (WIP) inventories, for either pre- or...

The inventory control theory in the operations research and management literature is primarily concerned about manufactured products, for which, the typical assumptions are ample external supplies and predictable prices, and the decision is on how much to order or produce. Agricultural products,...