We study an extension of a two-period inventory management problem with positively correlated demands in which the manager's compensation is partially based on an external, market-based assessment of the firm's value. As typically the "real'' demand is only observed internally in the firm, the...

We study inventory management for a blood center that periodically collects whole blood and processes it into multiple blood products such as red blood cells and platelets. The blood center may also be able to collect a single blood product by apheresis. With limited lifetimes, blood products...