Consumer return policies have been long recognized and studied by operations management scholars as an important managerial lever in a retail environment. Yet, the behavioral aspects of return policy decision-making and interaction of return policy decisions with other common operational...

We study the inventory placement optimization problem, where demand is sensitive to service response time, under the online retailing setting. The main challenge is to achieve the optimal trade-off between revenue benefits from shorter delivery time and inventory operation costs. To predict the...

Vendor Managed Inventory (VMI) contracts are anchored on a fill rate at which the vendor is expected to meet the end-customer demands. Violations of this contracted fill rate due to excess and insufficient inventory are both penalized, often in a linear, but asymmetric manner. To minimize these...

We revisit the computational framework based on the M-estimation principle in the context of inventory forecasting in periodic review order-up-to inventory systems calibrated with a beta service level constraint. In particular, we discuss the identification condition for the estimation of base...

We consider a single-item in nite-horizon inventory system operating in discrete time and study the performance of the popular myopic order-up-to policy when demand is driven by a general autoregressive moving average (ARMA) stationary process. We derive a suboptimality bound for a system that...

We consider a dynamic pricing problem for a large inventory of substitutable products over a finite planning horizon. Customers arrive sequentially and in each period a single customer randomly chooses at most one unit of a product in-stock. Purchase probabilities depend on product prices and...

We study a setting in which consumers can either purchase a product for which they have uncertain valuation and, hence, uncertain utility or choose an outside option for which their utility is certain. The uncertainty in the product valuation is resolved after a consumer chooses either of the...

This paper considers the dynamic characteristics and resilience issues of multi-echelon supply chain system against disruptions, where the dynamical behaviour is modelled by a set of nonlinear difference equations. While the supply chain evolves continuously with complex dynamics in reality,...

The commercialization of silicon as an anode material for lithium-ion batteries has been largely impeded by its severe volume changes during cell operation, causing continuous loss of Li inventory. As such, it is vital to understand and quantify the sources of capacity fade in order to design...