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Persistent link: https://www.econbiz.de/10013365520
Last-mile deliveries contribute to a drastic 28% of the total cost of shipping. Recent technological advancements enable recipients to participate in these deliveries, relieving the cost of this final leg of the supply chain. We present a stylized model to analyze recipient-dependent routing...
Persistent link: https://www.econbiz.de/10013308006
In the last two decades, terrorism has become a major issue around the world. We analyze a conflict between a terrorist (Terrorist) and a passive defender (Defender) using a simple game theoretical model. Defender is passive as her actions can only influence the costs (damages) when Terrorist...
Persistent link: https://www.econbiz.de/10014036909
Operational models often balance assignment and capacity decisions under data uncertainty. For example, in operating room scheduling the decision maker must define appropriate limits for personnel overtime while accounting for random surgery durations. Typical approaches to hedge against...
Persistent link: https://www.econbiz.de/10014350881
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...
Persistent link: https://www.econbiz.de/10013026702