Governments in developed countries have implemented various regulations to manage air pollutants from automobiles, such as emission standards and subsidies for low emission vehicles. Japan is a unique example of a country that has overcome the severe air pollution of nitrogen oxides (NOx) and...

Effective management of perishable inventory systems is often strewn with challenges, especially when a strong trade-off relationship exists between shortage and wastage of perishables: A smaller inventory increases the chance to lose sales (leading to higher expected shortage cost), while a...