Taking Advantage of the Lead Time Randomness in Supply Chains lead times is a major—and increasingly important—issue inventory management, as variety risk factors motivate companies to diversify their supply sources and rely on distributed networks suppliers. In “Exploiting Random Times for Significant Inventory Cost Savings,” A. Stolyar Q. Wang show that, surprisingly, instead being damaging f...

A method is introduced to incorporate sustainability considerations in the early design stages, while simultaneously accounting for supply chain factors, such as cost and lead time. Overall, this work is our first step in understanding the trade-offs between sustainability metrics and more traditional supply chain performance metrics (i.e., cost and lead time). Based on our understanding of the...

How should a firm design a price/lead-time menu and scheduling policy to maximize revenues from heterogeneous time-sensitive customers with private information about their preferences? We consider a queueing system with multiple customer types that differ in their valuations for instant delivery and their delay cost rates. The distinctive feature of our model is that the ranking of customer pre...