Hospitals throughout the developed world are reimbursed based on diagnosis-related groups (DRGs). Under this scheme, patients are divided into clinically meaningful groups, and hospitals receive a …
We consider a single-product remanufacture-to-order system with multiple uncertain quality levels for used items, random procurement lead times, and lost sales. The quality level of a used item is …
For discretionary services, longer service duration implies higher service quality. We study the optimal design and pricing of discretionary service lines, a range of services that are vertically d…