There is a growing consensus that a portfolio of customers with different demand lead times can lead to higher, more regular revenues and better capacity utilization. Customers with positive demand lead times place orders in advance of their needs, resulting in advance demand information. This...

Customers and downstream supply chain partners often place, or can be induced to place, orders in advance of future requirements. We show how to optimally incorporate advance demand information into periodic-review, multiechelon, inventory systems in series. While the state space for series...

We present an application of a novel Variational Wave Acquisition Stereo System (VWASS) for the estimation of the wave surface height of oceanic sea states. Specifically, we show that VWASS video technology combined with statistical techniques based on Euler Characteristics of random fields...

In this paper, we study a two-flight model where there are two flights between two cities in a day (e.g., one departs at 9:00 am and another at 11:00 am) and booking requests in each fare class arrive according to a random process. There are three types of booking requests: the first and...

We study a manufacturing process that is quite common in semiconductor wafer fabrication. In generic terms, the job to be processed consists of J units. To process the job, a "setup" is required, followed by routine processing and testing. In principle, the entirety of the job can be set up and...

Many industries face the problem of selling a fixed stock of items over a finite horizon. These industries include airlines selling seats before planes depart, hotels renting rooms before midnight, theaters selling seats before curtain time, and retailers selling seasonal goods such as...

Many industries face the problem of selling a fixed stock of items over a finite horizon. These industries include airlines selling seats before planes depart, hotels renting rooms before midnight, theaters selling seats before curtain time, and retailers selling seasonal items with long...