We study a two-period supply chain consisting of a manufacturer, who participates in a cap-and-trade scheme and faces an uncertain emission permit price, and a retailer, who sells the product from the manufacturer to consumer and faces a price-sensitive demand. In the face of uncertain future...

Operations Management (OM) has evolved to its current status due to the contributions of researchers in many fields including economics, finance, behavioral sciences, operations research/management science, mathematics, statistics, and computer science. Many of these contributors are Nobel...

An upward line extension is a new, improved product within an existing product category for the high-end market. Many manufacturers pursue line-extension strategies, but they carry risks due to uncertain consumer taste, the internal competition between products (represented by the firm's...