In an attempt to reduce cost while maintaining good customer service, some of the leading manufacturers in the computer industry are delaying product differentiation (by exploiting component commonality) while managing broader product lines. In an environment where demands are stochastic, it...

Supply chain management is likely to play an important role in the digital economy. In this paper, we first describe major issues in traditional supply chain management. Next, we focus our attention on the supply chain issues of visibility, supplier relationships, distribution and pricing,...

Kanban-controlled serial manufacturing systems have been popular in Japan for many years. The analytical intractibility of such systems makes simulation and heuristics essential in studying them. In this paper we develop some theoretical results---reversibility and dominance---that characterize...

Most of the literature on inventory management assumes that the demand distribution and the values of its parameters are known with certainty. In this paper, we consider a repeated newsvendor setting where this is not the case and study the problem of setting inventory targets when there is a...

This work generalizes and extends a number of basic production-inventory models. We study a periodic review non-stationary Markovian production-inventory model with stochastic demand and holding and penalty costs (all state-dependent) where goods can be procured from up to two suppliers. Each...

Motivated by applications in the manufacturing and service industries, we consider two models for coordinating scheduling with lead-time quotation: a basic model with a single customer type, and an enhanced model where an additional second customer type expects immediate service or production....