The price-setting newsvendor model is used to address the single period joint pricing and inventory control problem. The objective is to set the optimal price and replenishment quantity of a single product in order to maximize the expected profit. Products with a short selling season and...

Procuring requested relief items, while ensuring an available budget, is an essential task in humanitarian logistics. Humanitarian organizations(HOs) are facing difficult decisions about procurement portfolios (i.e., prepositioning-versus-emergency procurement) and fund-raising strategies. We...