The benefits of inventory risk pooling are well known and documented. It has been proven in the literature that the expected costs of a centralized system are increasing in the degree of (positive) dependence of demand in an idealized newsvendor setting. Using the supermodular stochastic order...

Electric vehicles (EVs) have been proposed as a key technology to help cut down the massive greenhouse gas emissions from the transportation sector. Unfortunately, because of the limited capacity of batteries, typical EVs can only travel for about 100 miles on a single charge and require hours...

Recent research has pointed out that the optimal strategies to mitigate supply disruptions and demand uncertainty are often mirror images of each other. In particular, risk diversification is favorable under the threat of disruptions and risk pooling is favorable under demand uncertainty. This...

Service and manufacturing firms often attempt to mitigate demand-supply mismatch risks by deploying flexible resources that can be adapted to serve multiple demand classes. It is critical to evaluate the trade-off between the cost of investing in such resources and the resulting benefits. In...

Strategic supply chain design decisions are critical to the long-term success of a business. Traditional facility location models for supply chain design focus on the trade-offs between the costs and benefits of proximity, i.e., the distance between facilities and customers. These...

To reduce greenhouse gas emissions and temper oil dependence in the transportation sector, solutions such as electric vehicles (EVs) and car sharing have been proposed and promoted. EV sharing, the combination of these technological and operational solutions, aims to overcome hurdles in the way...

Strategic supply chain design decisions are critical to the long-term success of a business. Traditional facility location models for supply chain design focus on the trade-offs between the costs and benefits of proximity, i.e., the distance between facilities and customers. These...

Emerging collaborative consumption business models have shown promise in terms of both generating business opportunities and enhancing the efficient use of resources. In the transportation domain, car sharing models are being adopted on a mass scale in major metropolitan areas worldwide. This...

Delivery of products and services relies on well-managed operations. In designing large-scaled supply chain and service systems, locations of key facilities are a critical decision, as these facilities form the backbone of operations of these systems. For example, a key to effective supply chain...