We develop the first approximation algorithms with worst-case performance guarantees for periodic-review perishable inventory systems with general product lifetime, for both …
L Chen, HL Lee - Management science, 2009 - pubsonline.informs.org
The value of information sharing and how it could address the bullwhip effect have been the subject of studies in the literature. Most of these studies used different forms of demand …
CT See, M Sim - Operations research, 2010 - pubsonline.informs.org
We propose a robust optimization approach to address a multiperiod inventory control problem under ambiguous demands, that is, only limited information of the demand …
Problem definition: We study the practice-motivated problem of dynamically procuring a new, short-life-cycle product under demand uncertainty. The firm does not know the demand …
WT Huh, N Liu, VA Truong - Manufacturing & Service …, 2013 - pubsonline.informs.org
Motivated by service capacity-management problems in healthcare contexts, we consider a multiresource allocation problem with two classes of jobs (elective and emergency) in a …
R Levi, M Pál, RO Roundy… - … of Operations Research, 2007 - pubsonline.informs.org
We consider two classical stochastic inventory control models, the periodic-review stochastic inventory control problem and the stochastic lot-sizing problem. The goal is to coordinate a …
S Ren, HL Chan, P Ram - Annals of Operations Research, 2017 - Springer
Fast fashion is a timely, influential and well observed business strategy in the fashion retail industry. An effective fast fashion supply chain relies on quick and competent forecasts of …
We consider a newsvendor who dynamically updates her forecast of the market demand over a finite planning horizon. The forecast evolves according to the martingale model of …
Semiconductor industry has continuously migrated for advanced technology nodes with capital intensive capacities to fulfil the demands and maintain competitive advantages …