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Improving resilience has recently attracted enormous interest from academia and practitioners because of unavoidably increasing vulnerabilities in global supply chains. This paper examines the role of supply options in a two-tier supply chain network, consisting of one procurement agency and...
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This paper studies how companies use order-tracking information to more effectively execute their dual-sourcing strategies. We consider dual-sourcing inventory systems under either backlogging or lost-sales assumptions. The normal source consists of a two-stage tandem queue with Erlang...
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We study an inventory system with multiple supply sources and expediting options. The replenishment lead times from each supply source are stochastic, representing congestion and disruption. We construct a family of smart ordering and expediting policies that utilize real-time supply...
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We consider a joint control of pricing and production in a two-item inventory system, where each item can be produced by its dedicated source or a shared flexible source, under the lost-sales setting. The demands of the two items are correlated. Due to the complexity caused by the lost-sales...
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