In this paper, we consider the discrete multiperiod newsvendor dynamic inventory control problem where customers follow a simple satisfaction-based demand process, where their probability of demand depends on whether their demand was satised the last time they demanded a product, and observe the...

We introduce an optimization-based production planning tool for the biotechnology industry. The industry’s planning problem is unusually challenging because the entire production process is regulated by multiple external agencies – such as the US Food and Drug Administration – representing...