We analyze a periodic review stochastic inventory model with T periods and I items. At the beginning of each period, the inventory position of each item can be adjusted by placing an order or by salvaging some of the inventory. There is a limited capacity for the total inventory held at the end...

We consider a single-installation, single-product inventory management problem with positive fixed ordering costs. We allow the unfulfilled demand to be either backlogged or lost and the lead time to be either zero or positive, and assume that the stochastic demand is correlated and information...

We consider a dynamic pricing problem for a large inventory of substitutable products over a finite planning horizon. Customers arrive sequentially and in each period a single customer randomly chooses at most one unit of a product in-stock. Purchase probabilities depend on product prices and...