In ergodic singular stochastic control problems, a decision-maker can instantaneously adjust the evolution of a state variable using a control of bounded variation, with the goal of minimizing a long-term average cost functional. The cost of control is proportional to the magnitude of...

The reorder point formula in the Economic Order Quantity (EOQ) model traditionally assumes that demand during the lead-time follows a normal distribution. However, this assumption presents several challenges. First, alternative probability distributions may better capture demand patterns for...

Predicting delivery delays is crucial for companies, especially in times of increasing global uncertainty and vulnerable supply chains. Machine learning (ML) offers significant potential to improve the forecast performance and quality of delivery delay prediction. Although various prediction...

Investment efforts by the upstream manufacturer and the downstream retailer to stimulate sales are prevalent in different industries. Likewise, the downstream retailers could hold inventory strategically as a bargaining chip to induce the upstream manufacturer to reduce future wholesale prices...

The adoption of environmentally sound supply chain management strategies is gaining prominence in response to increasing sustainability efforts in emerging economies. As global environmental degradation escalates, industries are compelled to replace conventional products with green and reliable...

This study presents a multi-objective optimization model for blood supply chain (BSC) management, aiming to maximize total profit and fulfillment rate and minimize carbon emissions. The model is formulated as a mixed-integer linear program (MILP) and solved using the weighted sum method. The...

This study presents a comprehensive framework for optimizing the Economic Production Quantity (EPQ) with variable screening rates under two distinct inspection scenarios: Sufficient-Inspection-Rate (IRS) and Insufficient-Inspection-Rate (IRI). In the IRS scenario, the production system employs a...

In the automotive sector, excess inventory increases costs and prevents progress toward Sustainable Development Goals, particularly those related to Industry, Innovation, and Infrastructure (SDG 9) and Responsible Consumption and Production (SDG 12). This study introduces an innovative approach...

Background: Price is the most authoritative constituent among the factors shaping consumer demand. Growing consciousness among global communities regarding environmental issues makes greenness one of the key factors controlling demand, along with time, which drives demand in markets. This paper...

Background: Inventory planning in retail supply chains requires balancing cost efficiency and service reliability under demand uncertainty and financial limitations. The literature has seldom addressed the joint integration of stochastic demand, deterministic lead times, and supplier-specific...

Cedefop's work on qualifications frameworks dates back to 2003. The Centre has contributed to the conceptual development of the European Qualifications Framework (EQF) and has supported its further implementation, working alongside national authorities and stakeholders to introduce and develop...

Cedefop's work on qualifications frameworks dates back to 2003. The Centre has contributed to the conceptual development of the European Qualifications Framework (EQF) and has supported its further implementation, working alongside with the of national authorities and stakeholders to introduce...

Cedefop's work on qualifications frameworks dates back to 2003. The Centre has contributed to the conceptual development of the European Qualifications Framework (EQF) and has supported its further implementation, working alongside national authorities and stakeholders to introduce and develop...

Cedefop's work on qualifications frameworks dates back to 2003. The Centre has contributed to the conceptual development of the European Qualifications Framework (EQF) and has supported its further implementation, working alongside national authorities and stakeholders to introduce and develop...

Cedefop's work on qualifications frameworks dates back to 2003. The Centre has contributed to the conceptual development of the European qualifications framework (EQF) and has supported its further implementation, working alongside with the of national authorities and stakeholders to introduce...

We study the role of supply chain disruptions in shaping consumer prices, focusing on both firms’ own import shocks and strategic responses to competitors’ disruptions. Using a newly constructed micro-level dataset that links transaction-level U.S. import data from Bills of Lading with...

We study the role of supply chain disruptions in shaping consumer prices, focusing on both firms' own import shocks and strategic responses to competitors' disruptions. Using a newly constructed microlevel dataset that links transaction-level US import data from bills of lading with...

At the start of the Coronavirus Disease (COVID-19) vaccination campaign in Mexico, the vaccine was the world's most essential and scarce asset. Managing its administration to optimize its use was, and still is, of paramount importance. However, when the first vaccine was developed at the end of...

Background: Foundational research on the gamma distribution and inventory control highlighted its flexibility and practicality for managing fast-moving finished goods. Nonetheless, concerns remain about conventional statistical approximations of lead-time demand (LTD) distributions. Real-world...

Cedefop's work on qualifications frameworks dates back to 2003. The Centre has contributed to the conceptual development of the European Qualifications Framework (EQF) and has supported its further implementation, working alongside national authorities and stakeholders to introduce and develop...

Cedefop's work on qualifications frameworks dates back to 2003. The Centre has contributed to the conceptual development of the European Qualifications Framework (EQF) and has supported its further implementation, working alongside national authorities and stakeholders to introduce and develop...

Cedefop's work on qualifications frameworks dates back to 2003. The Centre has contributed to the conceptual development of the European qualifications framework (EQF) and has supported its further implementation, working alongside with the of national authorities and stakeholders to introduce...

Cedefop's work on qualifications frameworks dates back to 2003. The Centre has contributed to the conceptual development of the European Qualifications Framework (EQF) and has supported its further implementation, working alongside national authorities and stakeholders to introduce and develop...

Cedefop's work on qualifications frameworks dates back to 2003. The Centre has contributed to the conceptual development of the European Qualifications Framework (EQF) and has supported its further implementation, working alongside national authorities and stakeholders to introduce and develop...

Cedefop's work on qualifications frameworks dates back to 2003. The Centre has contributed to the conceptual development of the European Qualifications Framework (EQF) and has supported its further implementation, working alongside national authorities and stakeholders to introduce and develop...

Cedefop's work on qualifications frameworks dates back to 2003. The Centre has contributed to the conceptual development of the European qualifications framework (EQF) and has supported its further implementation, working alongside national authorities and stakeholders to introduce and develop...

Cedefop's work on qualifications frameworks dates back to 2003. The Centre has contributed to the conceptual development of the European Qualifications Framework (EQF) and has supported its further implementation, working alongside national authorities and stakeholders to introduce and develop...

Cedefop's work on qualifications frameworks dates back to 2003. The Centre has contributed to the conceptual development of the European qualifications framework (EQF) and has supported its further implementation, working alongside national authorities and stakeholders to introduce and develop...

Cedefop's work on qualifications frameworks dates back to 2003. The Centre has contributed to the conceptual development of the European Qualifications Framework (EQF) and has supported its further implementation, working alongside with the of national authorities and stakeholders to introduce...

Cedefop's work on qualifications frameworks dates back to 2003. The Centre has contributed to the conceptual development of the European Qualifications Framework (EQF) and has supported its further implementation, working alongside national authorities and stakeholders to introduce and develop...

Cedefop's work on qualifications frameworks dates back to 2003. The Centre has contributed to the conceptual development of the European Qualifications Framework (EQF) and has supported its further implementation, working alongside national authorities and stakeholders to introduce and develop...