Disruptions and random supplies have been important sources of uncertainty that should be considered in the design and control of supply chains. There have been many real world examples in which a single catastrophic event has simultaneously degraded the capabilities of several suppliers leading...

The growth in Internet and Information Technology (IT) has led to revolutionary changes in the way businesses are managed and operated. These IT changes have been largely characterized with the term, globalization, and these globalized changes in modern business are increasing at a rapid pace....