This paper defines and explores a dual-serving problem from the lens of inventory management. The problem arises when a supplier faces two different types of demand, i.e., one that is very frequent and regular, but in small quantities, while the other is sporadic and irregular, but in very large...

Fisher’s (1997) conceptual framework of building efficient supply chains for functional products and responsive supply chains for innovative products is one of the earliest and most widely discussed guidelines in supply chain management. Previous research has largely focused on qualitative and...

This study examines the effect of changes in the number of shipping lines on port charges and profits. A two-stage noncooperative game-theoretic model with two ports and multiple identical shipping lines is developed. In the first stage, the ports decide their container handling charges, and in...

This article studies the performance of wholesale pricing when the supply chain partners' fairness concerns are private information. We find that some properties of wholesale pricing established under complete information hold under incomplete information as well. First, wholesale pricing can...

This paper analyzes the United States Medicare hospice reimbursement policy. The existing policy consists of a daily payment for each patient under care with a global cap of revenues accrued during the Medicare year, which increases with each newly admitted patient. We investigate the...

We provide a review of the types of equilibria typically found in operations management inventory papers and a discussion on when the commonly used stationary infinite-horizon (open-loop) equilibrium may be sufficient for study. We focus particularly on order-up-to and basestock equilibria in...

Consumer reaction to (non)responsible sourcing (i.e., boycotting non-responsible firms and paying more for certified versions of products) determines firms’ sourcing strategies in a given market. Based on evidence from the marketing literature, in this paper we assume that the type of consumer...

Alongside the development of the circular economy and sustainable food supply chains (FSCs), research on food loss and waste (FLW) reduction and prevention has drawn much attention from academia, practitioners, and governments. The significance of FLW has been highlighted in the literature due...

This paper studies the financial and risk management specific to agricultural cooperatives (co-ops). In order to acquire the necessary risk capital to implement competitive strategies, like value-added processing, many agricultural co-ops are adopting capital structure innovations. Fonterra, a...

Resilience, defined as the ability to recover quickly and effectively from a disruption, is critically important for supply chains. Yet, it has not been quantified as frequently as supply chain robustness. In this paper we review the existing metrics for supply chain resilience and introduce a...