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...

There are many types of innovation used by companies along different dimensions. Here our focus is on innovation designed to improve the competitive capabilities of efficiency and responsiveness. We ask whether such innovation is uniformly good and find that it is not. We examine the mediating...

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...

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...

Problem definition: We explore the coordination of operational and financial decisions of proportional investment agricultural marketing cooperatives, where members’ (farmers’) equity is required to be in proportion to their patronage (i.e., produce supplied). Academic/practical relevance:...

This paper develops a multi-commodity multi-period optimisation model to analyse market demand disruption risk in agribusiness supply chains. It investigates the role of allocation flexibility and the effectiveness of multiple risk management strategies for achieving allocation flexibility. A...

We consider a single-item, periodic-review inventory control problem in which discrete stochastic demand must be satisfied. When shortages occur, the unmet demand must be filled by some form of expediting; we allow a very general form for the cost structure of expediting. We explicitly consider...

Emergency department (ED) crowding is an international phenomenon that continues to challenge operational efficiency. Many statistical modeling approaches have been offered to describe, and at times predict, ED patient load and crowding. A number of formula-based equations, regression models,...

This paper studies a queuing model where two customer classes compete for a given resource and each customer is dynamically quoted a menu of price and leadtime pairs upon arrival. Customers select their preferred pairs from the menu and the server is obligated to meet the quoted leadtime....