Dynamic pricing in a dual‐market environment

This article is concerned with the determination of pricing strategies for a firm that in each period of a finite horizon receives replenishment quantities of a single product which it sells in two markets, for example, a long‐distance market and an on‐site market. The key difference between the two markets is that the long‐distance market provides for a one period delay in demand fulfillment. In contrast, on‐site orders must be filled immediately as the customer is at the physical on‐site location. We model the demands in consecutive periods as independent random variables and their distributions depend on the item's price in accordance with two general stochastic demand functions: additive or multiplicative. The firm uses a single pool of inventory to fulfill demands from both markets. We investigate properties of the structure of the dynamic pricing strategy that maximizes the total expected discounted profit over the finite time horizon, under fixed or controlled replenishment conditions. Further, we provide conditions under which one market may be the preferred outlet to sale over the other. © 2015 Wiley Periodicals, Inc. Naval Research Logistics 62: 531–549, 2015     

Spies,advisors, and grunts: Film portrayals of counterinsurgency in Vietnam

Vietnam was a complex conflict, which historians and political scientists have struggled to understand. Some of the bitterest disputes in the historiography revolve around the US approach to counterinsurgency in Vietnam. Many different facets of the war have received the attention of filmmakers, and an examination of their work suggests new ways of thinking about the conflict. This article considers film portrayals of three phases of the Vietnam War – firstly, the early period of ‘political action’, then the advisory period, and finally the Americanization of the war after 1965. It suggests that by examining the experiences of participants in each of these phases, Vietnam War cinema helps to illustrate the problems that faced various American approaches to counterinsurgency in the conflict. Combined with the importance of films in determining popular perceptions of both historical conflicts and counterinsurgency in general, it suggests that they are worthy subjects of study and critique.     

Economic ordering decisions with market choice flexibility

Standard approaches to classical inventory control problems treat satisfying a predefined demand level as a constraint. In many practical contexts, however, total demand is comprised of separate demands from different markets or customers. It is not always clear that constraining a producer to satisfy all markets is an optimal approach. Since the inventory‐related cost of an item depends on total demand volume, no clear method exists for determining a market's profitability a priori, based simply on per unit revenue and cost. Moreover, capacity constraints often limit a producer's ability to meet all demands. This paper presents models to address economic ordering decisions when a producer can choose whether to satisfy multiple markets. These models result in a set of nonlinear binary integer programming problems that, in the uncapacitated case, lend themselves to efficient solution due to their special structure. The capacitated versions can be cast as nonlinear knapsack problems, for which we propose a heuristic solution approach that is asymptotically optimal in the number of markets. The models generalize the classical EOQ and EPQ problems and lead to interesting optimization problems with intuitively appealing solution properties and interesting implications for inventory and pricing management. © 2003 Wiley Periodicals, Inc. Naval Research Logistics, 2004.     

Revenue management: A real options approach

Revenue management is the process of actively managing inventory or capacity to maximize revenues. The active management typically occurs through managerial levers such as price, promotion, or availability. We present a novel real options approach to revenue management that is specifically suited to the car rental business. We illustrate the concept with actual car rental data. The model produces minimally acceptable prices and inventory release quantities (number of cars available for rent at a given price) as a function of remaining time and available inventory. The pricing and inventory release recommendations of the developed model confirm earlier empirical analysis that suggested current practises discount too deeply early in the booking cycle. © 2004 Wiley Periodicals, Inc. Naval Research Logistics, 2004     

Single machine parallel batch scheduling subject to precedence constraints

We consider the single machine parallel batch scheduling problems to minimize makespan and total completion time, respectively, under precedence relations. The complexities of these two problems are reported as open in the literature. In this paper, we settle these open questions by showing that both problems are strongly NP‐hard, even when the precedence relations are chains. When the processing times of jobs are directly agreeable or inversely agreeable with the precedence relations, there is an O(n²) time algorithm to minimize the makespan. © 2004 Wiley Periodicals, Inc. Naval Research Logistics, 2004     

Cultural Conflict within Civil-Military Cooperation: A Case Study in Bosnia

In peace-support operations, employees of international humanitarian organisations often clash with those of the military. A lack of familiarity with each other's practices and values, embedded in their respective organisational cultures, is often seen as the culprit. This article presents and illustrates a road map to manage such cultural differences between cooperating organisations. We found that the military culture, in our Bosnian case study, was seen to operate as a hierarchical culture (characterised by formalisation, stability, predictability and efficiency). The culture of international humanitarian organisations, on the other hand, was depicted as clan-type (characterised by teamwork, participation and consensus). To facilitate the creation of cultural awareness as well as respect for, and reconciliation of, cultural differences we recommend several concrete actions that could improve civil-military cooperation.     

Helpless or Deliberate Bystander: American Policy towards South Vietnam's Military Coups, 1954–1975

The USA's role in fomenting and responding to military coups remains an understudied and politically contentious subject despite it being a recurring foreign policy problem exemplified most recently in both Egypt and Mali. To the extent this topic has been addressed in any depth by scholars, it is mainly limited to an examination of a small number of coups that occurred during the Cold War that the CIA was accused of sponsoring. However, this emphasis on well-known cases to the exclusion of lesser-known cases has resulted in a biased view of omnipotent US power. This limitation is reflected in the case of South Vietnam, in which the focus has been placed on the 1963 coup that overthrew President Ngo Dinh Diem, whereas the numerous other coups that occurred have received little or no attention. In this article, a more inclusive approach will be taken in which US policy will be examined with respect to all of the main coups and coup attempts that occurred during the period 1954–1975.     

Managing Global Counterinsurgency: The Special Group (CI) 1962–1966

The contemporary American counterinsurgency discourse has emphasised a particular historical narrative of Vietnam to justify large-scale military operations in Iraq and Afghanistan. Absent from this narrative is any reference to the broader Cold War context in which Vietnam existed alongside numerous other small-scale counterinsurgencies and was therefore the exception, not the rule. This article seeks to redress this shortcoming by examining the way counterinsurgency was conceived and managed at the level of ‘grand strategy.’ Specifically, it focuses on the Special Group (Counterinsurgency) to demonstrate that senior policymakers under Presidents Kennedy and Johnson understood ‘counterinsurgency’ as involving ‘indirect’ assistance to foreign governments, rather than taking ‘direct’ military action with American ground forces.     

The Cyprus puzzle and the Greek - Turkish arms race: Forecasting developments using genetically evolved fuzzy cognitive maps

The scope of this paper is to forecast the extent to which a settlement of the Cyprus issue may be possible given the decisions taken during the Copenhagen EU summit. It aims, in addition, at investigating the possibilities of improvement in Greek-Turkish relations which may lead, in turn, to reducing the arms race between the two countries. The paper uses a Genetically Evolved Certainty Neuron Fuzzy Cognitive Map algorithm to consider a number of scenarios examining the possible reactions of all sides involved in the Cyprus issue, namely Greece, Turkey, Cyprus, the Turkish-Cypriot community and the international environment. All simulation exercises suggest that the Greek and the Cypriot side should not necessarily rely on the decisions taken during the Copenhagen summit conference. The forecasts point out, in addition, that the optimism of the Greek government concerning the outlook of its relations with Turkey, and a subsequent reduction of the arms race against it, is far from being justified.