Make-to-stock suppliers with regular buyers must balance the cost of overstocking against the cost arising from the buyers' reactions when items are unavailable. In selecting which buyers to satisfy when shortages occur, they must weigh the current revenue from the satisfied buyers against the...

We investigate the tradeoff between finished-goods inventory and advance demand information for a model of a single-stage make-to-stock supplier who uses an order-base-stock replenishment policy to meet customer orders that arrive a fixed demand lead-time in advance of their due-dates. We show...

We develop a model of a failure-prone, bufferless, paced, automatic transfer line in which material flows through a number of workstations in series, receiving continuous processing along each workstation. When a workstation fails, it stops operating, and so do all the other workstations...