Jianbin Li is a professor of operations and supply chain management in the School of Management at Huazhong University of Science and Technology. He received the B.S. degree in mathematics (2002), and the Ph.D. (2007) degrees in applied mathematics, all from Wuhan University. His research interests include stochastic modeling in logistics and supply chain systems, inventory control and management, interface of operations and marketing, and E-commerce. His work has been published in Production and Operations Management, European Journal of Operational Research, International Journal of Production Economics, Journal of Industrial and Management Optimization, Journal of System Sciences and System Engineering, Journal of Systems Science and Complexity, etc.jbli@hust, edu. cn Mingzheng Wang is now a professor at the School of Management Science and Engineering, Dalian University of Technology, China. He has PhD in operations research from Dalian University of Technology, China in 2003. He followed a postdoctoral position in operations research in Academy of Mathematics and Systems Science in Chinese Academy of Sciences from 2004 to 2006. He followed a postdoctoral position in operations research from University of the Witwatersrand, SouthAfrica from 2007 to 2009. His research interests are supply chain modeling and optimization, stochastic models, operations research, Planning Scheduling and inventory control. He has published about 30 papers in international journals, including Operations Research, IEEE Transactions on Automatic Control, Journal of Optimization Theory and Applications, European Journal of Operational Research, Annals of Operations Research, Journal of the Operational Research Society, Computers and Operations Research, and so on.mzhwan g@dlut, edu. cn Wei Zhou is a master of logisticis engineering in the School of Management at Huazhong University of Science and Technology (HUST). He graduated with his Bachelor's degree from HUST. His research interests include bundle pricing, warehou