Abstract The Real Options approach to decision-making has been useful in capturing and
valuing the flexibility inherent in many operating decisions that decision makers are faced …

The electric power industry is undergoing dramatic change driven by rapid technological
transformation, concern over climate change, and evolving market structures. As a result …

The operations‐finance interface (OFI) jointly optimizes material, monetary, and information
flows under intricate sources of uncertainty. To sketch the broad landscape in this emerging …

We investigate the management of a merchant wind energy farm co‐located with a grid‐
level storage facility and connected to a market through a transmission line. We formulate …

This chapter offers a theoretical framework for SCF (supply chain finance) and summarizes
its applications. We start by proposing a framework for categorizing supply chain finance …

Using data from 214 hydropower projects in Norway we study whether investors in
renewable energy projects exert discretion about the timing of investment decisions. We …

We consider the integrated optimization problem of procurement, processing, and trade of
commodities in a multiperiod setting. Motivated by the operations of a prominent commodity …

Real option models maximize the estimated market value of operational assets, exploiting
the flexibility that decision makers have in managing these assets. Inspired by the valuation …

This paper, based on my remarks at the 2013 MSOM Distinguished Fellow Award ceremony,
describes my views on the interface between operations and finance and the lessons that …

This paper examines the capacity investment decisions of a processor that uses a
commodity input to produce both a commodity output and a by-product in the context of …