The theoretical investigation of the effectiveness of limited flexibility has mainly focused on the performance metric that is based on the maximum sales in units. However, this could lead to substantial profit losses when the maximum sales metric is used to guide flexibility designs whereas the...

In this paper, we study a multi-sourcing supply chain network design problem under demand uncertainty in which each retailer can source a single item from more than one distribution center. The problem takes into account the complex trade-off among the costs of facility location and inventory...

Assortment optimization arises widely in many practical applications such as retailing and online advertising. In this problem, the goal is to select a subset from a universe of substitutable products to offer customers in order to maximize the expected revenue. We study a robust assortment...