In this paper we present a mathematical program and heuristic algorithms to schedule coils for the production operations in a copper (or steel) coil manufacturing industry. The processing facility uses continuous operations for processing (e.g., galvanizing and annealing) while the handling unit...

Product substitution can mitigate supply chain disruptions. However, it may not be very effective without multiple sourcing. In this paper, we consider a supply chain with two downward substitutable products. The products can be ordered from an unreliable supplier or a reliable but more...

We study a tanker chartering decision problem faced by refinery companies. The decision process is formulated as an optimal stopping problem with geometric Brownian motion for the spot freight rate dynamics and a Poisson type arrival process for the tankers. We show the problem can be solved...