Procuring requested relief items, while ensuring an available budget, is an essential task in humanitarian logistics. Humanitarian organizations(HOs) are facing difficult decisions about procurement portfolios (i.e., prepositioning-versus-emergency procurement) and fund-raising strategies. We...

The price-setting newsvendor model is used to address the single period joint pricing and inventory control problem. The objective is to set the optimal price and replenishment quantity of a single product in order to maximize the expected profit. Products with a short selling season and...