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This study considers a supply chain consisting of a commodity supplier and a final product manufacturer with uncertain demand. In addition to purchasing from the supplier through a forward contract, the manufacturer can adjust their inventory by trading the commodity in an online spot market...
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Faced with challenges of patient no-show behavior in the advanced scheduling system and the demand variability effect in the open-access system, outpatient clinics may use a combination of both policies. When this happens, the typical decision rule is the "carve-out scheduling" (COS) policy. The...
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