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We examine the intertemporal and decentralization effects on managing disruption risks in a supply chain with lost … sales and fixed transportation cost. The disruption risk is continuously monitored via collaborative forecasting based on … inventory hedging under three hierarchies. We derive an easy-to-implement coordination contract and a simple policy structure …
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The past decade has seen a virtual explosion of information about customers and their preferences. This information potentially allows companies to increase their revenues, in particular since modern technology enables price changes to be effected at minimal cost. At the same time, companies...
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parsimonious framework to study various problems of stochastic capacity investment and inventory management, including assembly … that are characterized by linear revenue and cost structures and a linear input-output transformation. While capacity and … inventory decisions are locked in before uncertainty is resolved, some managerial discretion remains via ex-post input …
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In this paper, we investigate the effect of remanufacturing on capacity and production decisions. Inspired by the … focus on the case where remanufacturing is less costly and less capacity intensive than manufacturing. This setting is … are derived and it is analyzed under what conditions (specified by costs, capacity restrictions and demand …
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