There has been consensus that logistics as well as supply chain management is a vital
research field, yet with few literature reviews on this topic. This paper sets out to propose …

Inventories are prevalent everywhere in the commercial world, whether it be in retail stores,
manufacturing facilities, government stockpile material, Federal Reserve banks, or even …

We study a stationary, single-stage inventory system, under periodic review, with fixed
ordering costs and multiple sales levers (such as pricing, advertising, etc.). We show the …

In opaque selling certain characteristics of the product or service are hidden from the
consumer until after purchase, transforming a differentiated good into somewhat of a …

Consider a buyer, facing uncertain demand, who sources from multiple suppliers via online
procurement auctions (open descending price‐only auctions). The suppliers have …

The paper shows that taking inventory control out of the hands of competitive or exclusive
retailers and assigning it to a manufacturer increases the value of a supply chain especially …

The prosperity of e-commerce has made more and more businesses willing to enter the e-
commerce market, which has also brought a series of strategic collaboration between firms …

Abstract 1 Throughout the chapter, we use the terms inventory/production,​ control,​
replenishment/production, and order/produce interchangeably. Inventory control problems …

The selling of perishable services (eg, hotel rooms, airline seats, and rental cars) online is
increasingly popular with both retailers and consumers. Among the innovative approaches …

This paper studies the optimal policy for a periodic‐review inventory system in which the
production costs consist of a fixed cost and a piecewise linear convex variable cost. Such a …