The dissertation consists of three self-contained papers. In Chapter 1, we study the inventory management problem in a dual sourcing system, where there are two supply sources or modes with different sourcing costs and lead times. We provide closed-form solutions to a robust optimization model for inventory management in a...
This thesis consists of three projects, centered around the aim to better model real-world systems under uncertainty, specifically, under stochastic disruptions, using optimization. A stochastic disruption is a type of infrequent event in which the timing and the magnitude are random. We introduce the concept of stochastic disruptions and a...