We consider a congestible system serving multiple classes of customers who differ in their delay sensitivity and valuation of service (or product). Customers are endowed with convex-concave delay cost functions. A system manager offers a menu of lead times and corresponding prices to arriving...

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...

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...

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...

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...

Purpose – Food waste (FW) reduction, of which household wastage comprises a large fraction, has an important role in promoting the circular economy (CE). This study investigates how certain consumer traits impact household FW, particularly in the face of external...

PurposeThis study aims to explore the challenges of truck-sharing and effective ways of dealing with those in achieving supply chain collaboration and collaboration in transportation management (e.g. transport collaboration) for transport capacity expansion, and reducing carbon emission and...

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...