Operational models often balance assignment and capacity decisions under data uncertainty. For example, in operating room scheduling the decision maker must define appropriate limits for personnel overtime while accounting for random surgery durations. Typical approaches to hedge against...

Mismatch between supply and demand when the uncertainty of the demand is high and the supply lead time is relatively long such as seasonal good markets can result in high overstocking and understocking costs. In this paper we propose proactive transshipment as a powerful mechanism to mitigate...