We propose and analyze robust optimization models of an inventory management problem, where cumulative purchase, inventory and shortage costs over n periods are minimized for correlated non-identically distributed demand. We assume that the means and covariance matrix of stochastic demand are...

Multiple myeloma is an incurable cancer of bone marrow plasma cells with a median overall survival of 5 years. With newly approved drugs to treat this disease over the last decade, physicians are afforded more opportunities to tailor treatment to individual patients and thereby improve survival...

Governments across the world constantly use a variety of measures to contain drug costs in order to increase patient access to critical medications. External Reference Pricing (ERP), or international price comparison, is a commonly employed policy to control prices of pharmaceuticals. ERP uses...

Auto-delivery is a subscription model widely employed in supply chains, whereby a supplier delivers products to a buyer (or multiple buyers) according to the buyer's choice of a constant shipping quantity to be delivered at prescheduled dates. The buyer enjoys a discount for the auto-delivery...