Data-driven robust dual-sourcing inventory management under purchase price and demand uncertainties
We develop an actionable data-driven approach to a periodic-review dual sourcing
inventory management system in the presence of purchase price and demand uncertainties …
inventory management system in the presence of purchase price and demand uncertainties …
A newsvendor problem with markup pricing in the presence of within-period price fluctuations
We consider a single-item single-period joint inventory management and pricing problem of
a retailer selling an item that has selling price uncertainties. Unlike most of the literature on …
a retailer selling an item that has selling price uncertainties. Unlike most of the literature on …
An inventory model where customer demand is dependent on a stochastic price process
We investigate the optimal inventory operations of a firm selling an item whose price is
driven by an exogenous stochastic price process which consequently impacts customer …
driven by an exogenous stochastic price process which consequently impacts customer …
Dynamic optimisation for highly agile supply chains in e-procurement context
In the conditions of an increased worldwide competition, supply chains are struggling to
respond to an increasingly volatile and complex environment. With technological advances …
respond to an increasingly volatile and complex environment. With technological advances …
Optimal inventory policy in the presence of a long-term supplier and a spot market
We consider a stochastic inventory control problem in which a buyer makes procurement
decisions while facing periodic random demand and two supply sources, namely, a long …
decisions while facing periodic random demand and two supply sources, namely, a long …
Integrated optimisation of pricing, manufacturing, and procurement decisions of a make-to-stock system operating in a fluctuating environment
Manufacturers experience random environmental fluctuations that influence their supply and
demand processes directly. To cope with these environmental fluctuations, they typically …
demand processes directly. To cope with these environmental fluctuations, they typically …
Optimization of recommender systems based on inventory
We consider subscription‐based rental organizations, such as Netflix, where the satisfaction
of customers depends on the availability of requested products. Recommender systems, in a …
of customers depends on the availability of requested products. Recommender systems, in a …
Joint control of emissions permit trading and production involving fixed and variable transaction costs
The use of permit markets to mitigate harmful emissions is on the rise. When participating in
such a market, an emitting firm needs to acquire from it permits that cover emissions …
such a market, an emitting firm needs to acquire from it permits that cover emissions …
Inventory replenishment decisions with uncertain price and demand
X Zhang, W Dai, X Cai - International Journal of Production …, 2024 - Taylor & Francis
This paper studies the multiple period inventory replenishment problem for a capacitated
warehouse when procurement prices and market demands are both uncertain, with the goal …
warehouse when procurement prices and market demands are both uncertain, with the goal …
Dynamic model averaging-based procurement optimization of prefabricated components
With the promotion of construction industrialization, the prefabricated construction market is
becoming increasingly competitive. The raw material cost of prefabricated components …
becoming increasingly competitive. The raw material cost of prefabricated components …