We consider a firm that sells a product with a short life cycle to time-sensitive customers. The customers' product valuations decrease over time and they are grouped into different classes according to their delay sensitivities, the marginal decrease of their product valuation over time. The...

The supply chain of a retailer selling a perishable product with a shelf life of two periods is modeled over an infinite horizon. In each period, the retailer has the option to sell old (leftover inventory from previous period) and new (produced fresh at the beginning of the period) products....

Problem definition: In a chronic care clinical practice setting, we investigate fee-for-service (FFS) and capitation payment systems, and explore their performance. We also identify conditions under which it is preferable to switch to an mHealth-based practice from an office visit-based...