We consider a make-to-order (MTO) manufacturer who has won multiple contracts with specified quantities to be delivered by certain due dates. Before production starts, the company must configure its supply chain and make sourcing decisions. It also needs to plan the starting time for each...

We consider the problem of balancing two competing objectives in the pursuit of efficient management of operating rooms in a hospital: providing surgeons with predictable, reliable access to the operating room and maintaining high utilization of capacity. The common solution to the first problem...

Commodity merchants use real option models to manage their operations. A central element of such a model is its underlying operating policy. We focus on network contracts for the transport capacity of natural gas pipelines, specific energy conversion assets. Practitioners commonly manage these...