We develop a model for a one-time special purchasing opportunity where there is uncertainty with respect to the materialization of the discounted purchasing offer. Our model captures the phenomenon of an anticipated future event that may or may not lead to a discounted offer. We analyze the...

We research the management approach that quantitatively combines decisions that affect different planning horizons--namely, the strategic and operational ones--and simultaneously derive the optimal values of these decisions. The system we investigate comprises retail outlets and customers in an...