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We study the problem of jointly optimizing the price and order quantity for a perishable product, also known as the pricing-newsvendor problem. We consider the case with demand ambiguity where the demand is a function of the price and an uncertain factor, of which only the support information is...
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Recent years have witnessed a rapid growth in the mass adoption of vehicle sharing systems across the world. Among various vehicle sharing systems, electric vehicle (EV) sharing is considered as the most effective means in reducing fossil fuel consumption and alleviating urban transportation...
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Substitution is a commonly adopted strategy for matching the demand mix by appropriately allocating the supplies. The recent development of information technology has allowed firms to easily swap products to meet consumers' preferences. When formulating substitution policies, firms have to take...
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