This paper examines two due-date setting problems first studied by Wein (1991). The first problem seeks to minimize the average due-date lead time (due-date minus arrival date) of jobs subject to a constraint on the fraction of tardy jobs (Problem I) while the second uses the same objective...

In this paper, we consider a buyer who designs a product and owns the brand, yet outsources the production to a supplier. Both the buyer and the supplier incur quality-related costs, e.g., costs of customer goodwill and future market share loss by the buyer and warranty-related costs shared by...

Most of the traditional models in production and inventory control ignore the financial states of an organization and can lead to infeasible practices in real systems. This paper is the first attempt to incorporate asset-based financing into production decisions. Instead of setting a known,...

We consider multiunit Vickrey auctions for procurement in supply chain settings. This is the first paper that incorporates transportation costs into auctions in a complex supply network. We first introduce an auction mechanism that makes simultaneous production and transportation decisions so...

We consider the planning of production over the infinite horizon in a system with time-varying convex production and inventory holding costs. This production lot size problem is frequently faced in industry where a forecast of future demand must be made and production is to be scheduled based on...

In this issue, we reproduce 10 of the most important papers published in Management Science from 1954 to 2003. Each paper is followed by a commentary by the author(s) and other scholars that offers insights into the background, creation, or subsequent impact of the paper.

Jordan and Graves (Jordan, W. C., S. C. Graves. 1995. Principles on the benefits of manufacturing process flexibility. Management Sci. 41(4) 577-594) initiated a stream of research on supply chain flexibility, which was furthered by Graves and Tomlin (Graves, S. C., B. T. Tomlin. 2003. Process...

This issue marks the start of the 50th volume of Management Science. As is customary on such "round number" occasions, we will be taking time for a bit of retrospective review and soul-searching speculation. We begin here with an overall assessment of the journal's performance relative to its...

Product architecture and organizational communication play significant roles in complex product development efforts. By using networks to characterize both product structure and communication patterns, we examine the impact of mismatches between these on new product development (NPD)...

For over half a century, Management Science has promoted scientific research into the practice of management. Because management is a vast and complex activity, early researchers tended to adopt a reductionist approach by concentrating on narrow subproblems. As a result, the journal was...