Real problems are formulated into tractable mathematical models, which allow for an analysis of various approaches.Attention is focused on solutions.Provides a unified treatment of the models discussed , presents a critique of the existing results, and points out potential research directions.

The book is concerned with the problems of inventory and supply chain decision making with information updating over time. The models considered include inventory decisions with multiple sources and delivery modes, supply-contract design and evaluation, contracts with exercise price,...

We propose a model where customers are classified into two groups: short lead-time customers who require the product immediately and long lead-time customers to whom the supplier may deliver either immediately or in the next cycle. Unmet orders are backlogged with associated costs. Specifically,...