A data-driven approach in production logistics is adopted as a response to challenges such as low visibility and system rigidity. One important step for such a transition is to identify the enabling technologies from a value-creating perspective. The existing corpus of literature has discussed...

Discrete time hedging in a complete diffusion market is considered. The hedge portfolio is rebalanced when the absolute difference between delta of the hedge portfolio and the derivative contract reaches a threshold level. The rate of convergence of the expected squared hedging error as the...