This research studies the performance of circular unidirectional chaining – a “lean” configuration of lateral inventory sharing among retailers or warehouses – and compares its performance to that of no pooling and complete pooling in terms of expected costs and optimal order quantities....

Operational decisions of a monopolist firm affect expected social welfare, a fact typically ignored by OM models. Specifically, the price selected directly affects the consumer surplus, which has to be added to firm's profit to find the social welfare. We assume an uncertain, price-sensitive,...