This paper studies the interplay between the operational and financial facets of capacity investment. We consider the capacity choice problem of a firm with limited liquidity and whose access to external capital markets is hampered by moral hazard. The firm must therefore not only calibrate its...

We study the optimal policies of capacitated two-echelon serial inventory systems. For a system with smaller downstream capacity, we fully characterize the optimal policy using an intuitive backward induction. The key lies in two inductive assumptions: (a) if initially the stock level at the...

This paper considers a tandem queueing system, in which stage 1 has one station serving multiple classes of arriving customers differing in their service requirements and related delay costs, and stage 2 has multiple parallel stations, each of which provides one type of service. Each station has...

Part 1: Lessons -- Chapter 1: Introduction -- Chapter 2: IBM ILOG CPLEX Optimization Studio—A primer -- Chapter 3: Setting up a model -- Chapter 4: Data structures and related OPL language elements -- Chapter 5: Introduction to IBM ILOG Script -- Chapter 6: Modeling with tuples -- Chapter 7:...