We consider a triadic supply chain, in which a manufacturer can sequentially source from two suppliers: a cheap primary supplier with yield uncertainty risk; and an expensive backup supplier with perfect reliability. After having a contract with the primary supplier, the manufacturer may offer a...

When an unreliable supplier serves multiple retailers, the retailers may compete with each other by inflating their order quantities in order to obtain their desired allocation from the supplier, a behavior known as the rationing game. We introduce capacity information sharing and a capacity...

We model a retailer whose supplier is subject to complete supply disruptions. We combine discrete-event uncertainty (disruptions) and continuous sources of uncertainty (stochastic demand or supply yield), which have different impacts on optimal inventory settings. This prevents optimal solutions...

How should retailers leverage aggregate (category) sales information for individual product demand prediction? Motivated by inventory risk pooling, we develop a new prediction framework that integrates category-product sales information to exploit the benefit of pooling. We propose to combine...

Black-box algorithms with outstanding performance have been widely used in various fields; however, the lack of interpretability leads to great difficulties in troubleshooting and model improvement, hence severely confining the practical application. In response, we propose a framework that...

Technology licensing has been one of the main sources of income for many firms. A well-designed licensing contract not only increases profits but also helps to fund research and development. This study examines the patent licensing strategies of a leading licensor with two kinds of two-part...

We consider the vehicle repositioning problem for a vehicle sharing network with a fixed number of vehicles distributed across multiple locations. The vehicle sharing service is on-demand and one-way, which means that customers can pick up one vehicle from any location without prior reservation...

Request-for-quote (RFQ) is the most common way for contractor selection, which is of vital importance to the success of project outsourcing. Project clients need to choose from various available RFQ procedures to properly select and incentivize contractors. We study the RFQ design problem for...