We study a stochastic inventory risk pooling problem, in which the objective is to minimize the risk that the remaining inventory and the unsatisfied demand exceed the pre-specified acceptable levels. We use the robustness optimization framework to model this problem, in which the decision maker...

{Problem Definition:} This paper considers the operational management problems under a newly proposed choice model that captures the effect of focality. The offered assortment is separated into the focal set and the non-focal set under this new model due to the bias of focality, which is...

When making purchasing decisions for a certain product, consumers normally take the historical price as a reference. Focusing on the intertemporal reference price effect (IRPE), this study investigates the joint optimization problem of price and quality from a new product releaser's perspective....

This paper explores the use of Initial Coin Offerings (ICOs) as a means of fundraising for companies through the issuance of blockchain-based tokens. Specifically, we investigate how a company can implement ICOs and issue tokens supported by its products while taking into account the presence of...

We study a distributionally robust pricing model based on asymmetric information of the customers' valuation distribution by using mean, variance and semivariance, where semivariance demonstrates the degree of asymmetry for valuation distribution. We first derive tight lower bound and upper...

Considering the real-world situations where past purchases could influence future prices, this research examines the multi-product price optimization problem under a multi-stage choice model. Particularly, the seller commits to a multi-stage pricing policy and determines product prices based on...

We study an uncertain inventory routing problem with a finite horizon. The supplier acts as a central planner who determines replenishment quantities and also the times and routes for delivery to all retailers. We allow ambiguity in the probability distribution of each retailer's uncertain...

In this research, we investigate a supply chain consisting of a downstream firm who purchasesa component from an upstream firm, and then transforms it into a final product. The downstreamfirm has a production capacity constraint and considers to raise capital from an investor throughequity...