The industry and transportation sectors account for more than 35% of the global CO2 emissions and there is an increasing pressure on industry to reduce emissions. To remain competitive in their markets while reducing their emissions, companies need to re-optimize their entire value chain...

As the number of exchange-traded commodity contracts and their volatility increases, risk management through financial hedging gains importance for commodity-purchasing firms. Existing data-driven optimization approaches for hedging decisions include linear regression-based techniques. As such...

We consider an economic order quantity model where the supplier offers an all-units quantity discount and a price sensitive customer demand. We compare a decentralized decision framework where selling price and replenishment policy are determined independently to simultaneous decision making....