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This work studies a Robust Multi-product Newsvendor Model with Substitution (R-MNMS), where the demand and the substitution rates are stochastic and are subject to cardinality-constrained uncertainty sets. The goal of this work is to determine the optimal order quantities of multiple products to...
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This paper studies a multi-product newsvendor problem with customer-driven demand substitution, where each product, once run out of stock, can be proportionally substituted by the others. This problem has been widely studied in the literature, however, due to nonconvexity and intractability,...
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Purpose: The purpose of this paper is to investigate the issue of low yields in the packinghouses of green ornamentals and cut flowers due to the high rate of crops waste. Waste may be caused by pests, diseases and extreme weather or environmental conditions that are not under the farmer’s...
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Purpose – The purpose of this paper is to present a comprehensive training program for volunteers for the elderly in Israel, which has been operated under the National Insurance Institute of the State of Israel. Design/methodology/approach – The paper considers the need and values of...
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