In this paper, we study a multi-period stochastic perishable inventory system with multiple demand classes that require products of different ages. The firm orders the product with a positive leadtime and sells it to multiple demand classes, each only accepting products with remaining lifetime...

Mismatch between supply and demand when the uncertainty of the demand is high and the supply lead time is relatively long such as seasonal good markets can result in high overstocking and understocking costs. In this paper we propose proactive transshipment as a powerful mechanism to mitigate...

Scheduling in the context of many-server queues has received a lot of attention. When there are many servers and multiple customer classes, it is common practice to make simplifying assumptions, resulting in a ``low-fidelity" model, hence potential model misspecification. Real-world data...