In many countries, freight trains have to share a rail network with passenger trains. In this paper, we consider a situation where passenger trains must adhere to a strict published schedule, whereas freight train movements can be inserted at any convenient time, without disrupting scheduled...

Managing inventories is crucial to the objective of minimizing supply chain costs. This paper presents an approach for setting inventory norms in context of a real-life case of an industry which practices Vendor Managed Inventory (VMI). The role of warehouses and the inventories held by them...