Operations Research

Technical Reports

• TM-833: Optimality of the Fastest Available Server Policy
  William P. Millhiser, Charu Sinha, Matthew J. Sobel
  August 2013
• TM-832: Optimality of Myopic Policies for Dynamic Lot-Sizing Problems in Serial Production Lines with Random Yields and Autoregressive Demand
  Matthew J. Sobel and Volodymyr Babich
  Operations Research, Vol. 60, No. 6, December 2012, 1520-1536.
• TM-831: Computationally Simple and Unified Approach to Finite- and Infinite-Horizon Clark-Scarf Inventory Model 
  Charu Sinha and Volodymyr Babich
  IIE Transactions, Vol. 43 (2011), No. 1, 207-219.
• TM-830R: Discounting Axioms Imply Risk Neutrality
  Matthew J. Sobel
  July 2011; revised November 2011
  Annals of Operations Research, to appear (available at DOI 10.1007/s10479-012-1066-9).
• TM-829: Setting Safety Stocks and Production Quantities for Product Families
  A. Dale Flowers, Serge Karalli
  September 2010
• TM-828: The JRP with Multiple Replenishment Sources
  Serge Karalli, A. Dale Flowers
  September 2010
• TM-827: The Multiple-Family ELSP with Fill Rates
  Serge Karalli, A. Dale Flowers
  September 2010
• TM-826: Time, Risk, and Trojan Horse Preferences
  Risk and Optimization in an Uncertain World: Tutorials in Operations Research 2010, J. J. Hasenbein, ed.,  pp. 99-115, INFORMS, Hanover, MD, 2010
  Matthew J. Sobel
• TM-825: Optimization of Inventory and Dividends with Risky Debt
  Quaohai (Joice) Hu, Matthew Sobel, & Danko Turcic
  May 2010
• TM-824: Tardiness Risk at a Steel Mill
  Matthew J. Sobel
  September 2009
• TM-823: Risk Aversion and Supply Chain Contract Negotiation
  Matthew J. Sobel, Danko Turcic
  December 2008
• TM-822: Non-Cooperative Games for Outsourcing Operations
  George Vairaktarakis
  January 2008
• TM-821: Financially Optimal Inventory Policies with Nonlinear Replenishment Costs
  Asia-Pacific Journal of Operational Research, Vol. 27, No. 4, pp. 477-492
  Jiang Zhang, Matthew J. Sobel
• TM-820: Cooperative Strategies for Manufacturing Planning with Negotiable Third-Party Capacity
  Xiaoqiang Cai, George L. Vairaktarakis
  October 2007
• TM-819: Centralization vs. Competition in Subcontracting Operations
  George L. Vairaktarakis, Tolga Aydinliyim
  October 2007
• TM-818: Coordination of Outsourcing Operations
  Tolga Aydinliyim, George L. Vairaktarakis
  September 2007
• TM-817: Subcontracting Strategies with Stochastic Third-Party Capacity and Tardiness Penalty Contracts
  Tolga Aydinliyim, George L. Vairaktarakis
  September 2007
• TM-816: Coordination of Inventory, Capital and Dividends in Nascent Firms
  Matthew J. Sobel, Danko Turcic
  June 2007
• TM-815: Bigger Slice or Larger Pie?  Optimal Marketing Strategies for New Firms
  John Angelis, Moren Lévesque
  June 2006
• TM-814:  Structured Maintenance Policies on Interior Sample Paths
  Naval Research Logistics, to appear
  Lisa Maillart, Ludmila Zheltova
• TM-813: Channel Strategies for Durable Goods: Coexistence of Selling and Leasing to Individual and Corporate Consumers
  Vera Tilson, Yunzeng Wang, Wei Yang.
  September 2006
• TM-812: Scheduling Projects with Stochastic Activity Duration to Maximize Expected Net Present Value
  European Journal of Operational Research, Vol. 198, No. 3, pp. 697-705
  Matthew J. Sobel, Joseph G. Szmerekovsky, Vera Tilson.
• TM-811: Locating and Staffing Service Centers Under Service Level Constraints
  European Journal of Operational Research, to appear
  Prahalad Venkateshan, Kamlesh Mathur, Ronald Ballou.
• TM-810R: Myopic Solutions of Homogeneous Sequential Decision Processes
  Operations Research, Vol. 58, No. 4, Part 2, pp. 1235-1246, 2010
  Matthew Sobel, Wei Wei.
  Revised October 2008
• TM-809: Forecasting Effects of Global Warming on Biodiversity
  BioScience, Vol. 57 (2007), pp. 227-236.
  Daniel B. Botkin, Henrik Saxe, Miguel B. Araujo, Richard Betts, Richard H.W. Bradshaw, Tomas Cedhagen, Peter Chesson, Margaret B. Davis, Terry P. Dawson, Julie Etterson, Daniel P. Faith, Simon Ferrier, Antoine Guisan, Anja Skjoldborg Hansen, David W. Hilbert, Craig Loehle, Chris Margules, Mark New, Matthew J. Sobel, and David R.B. Stockwell
• TM-808C: Preferences, Risk Neutrality, and Utility Functions
  James Alexander, Matthew Sobel
  Revised August 2009.
• TM-807: Selective Maintenance Decision-Making over Extended Planning Horizons
  Lisa Maillart, Richard Cassady, Chase Rainwater, Kellie Schneider
  October 2005.
• TM-806: Echelon Base-Stock Policies are Financially Sub-Optimal
  Operations Research Letters, Vol. 35 (2007), pp. 561-566.
  Qiaohai Hu, Matthew Sobel
• TM-805: Are CEOs Myopic? A Dynamic Model of the Ongoing Debate
  Maya Waisman, Moren Levesque, Phillip Phan
  September 2005.
• TM-804: Information Delivery, Ecological Rationality, and Expected Utility: An Experimental Study
  Christian Schade, Moren Levesque
  September 2005.
• TM-803: Improving the Efficiency of the Simplex Algorithm Based on a Geometric Explanation of Phase 1
  Daniel Solow, Hans Halim
  September 2005.
• TM-802: Supply Chain Games
  Qiaohai Hu, Matthew Sobel
  August 2005.
• TM-801R: Capital Structure and Inventory Management
  Qiaohai Hu, Matthew Sobel
  Revised October 2008.
• TM-800: Are Hub-and-Spoke Networks Better than Point-to-Point Networks?
  Qiaohai Hu
  August 2005.
• TM-799: Option and Forward Contracting with Assymetric Information: Valuation Issues in Supply Chains
  Hantao Li, Peter Ritchken, Yunzeng Wang
  July 2005.
• TM-798: Component Procurement Strategies in Decentralized Assembled-to-Order Systems with Leadtime-Dependent Product Pricing
  Xiang Fang, Yunzeng Wang, Rick So
  July 2005.
• TM-797: Demographic Structure and Entrepreneurial Activity
  Moren Lévesque, Maria Minniti
  December 2004.
• TM-796: Optimal Maintenance Policies for Serial Multi-Machine Systems with Non-Instantaneous Repairs
  Lisa Maillart, Xiang Fang.
  December 2004.
• TM-795: Business Opportunity Assessment with Costly, Imperfect Information
  IEEE Transactions on Engineering Management, forthcoming.
  Moren Levesque, Lisa Maillart.
  November 2004.
• TM-794: Expressing Inventory Control Policy in the Turnover Curve
  Ronald Ballou.
  October 2004.
• TM-793: Reverse Logistics : Managing Returns on a Delivery Route
  Ahmed Alshamrani, Kamlesh Mathur, Ronald Ballou.
  October 2004.
  
• TM-792R: Determining the Acceptance of Cadaveric Livers Using an Implicit Model of the Waiting List
  Operations Research, 2007, 55(1) 24-36
  Oguzhan Alagoz, Lisa M. Maillart, Andrew J. Schaefer, Mark S. Roberts.
  
• TM-791: Selecting Projects for Venture Capital Funding : A Multiple Criteria Decision Approach
  Gina Beim, Moren Levesque.
  October 2004.
• TM-790: Allocation of Attention Within Venture Capital Firms : A Queueing Network Model
  European Journal of Operational Research, 163(2), 545-564, 2005.
  Shepherd D.A., Armstrong M.J., M. Levesque.
• TM-789: The Family Periodic Loading Problem
  Dale Flowers, Serge Karalli.
  October 2004.
• TM-788: ASP, The Art and Science of Practice : Getting the R in Contact
  Interfaces, Vol. 34, No. 5, 377-382, September-October 2004.
  Dale Flowers.
• TM-787: Machine Scheduling with Deliveries to Multiple Customer Locations
  European Journal of Operational Research , Vol. 164, Issue 1, 1 July 2005, pp. 39-51.
  Chung-Lun Li, George Vairaktarakis, Chung-Yee Lee.
• TM-786: Integrated Scheduling of Production and Distribution Operations
  Management Science, Vol. 51, No 4, April 2005, pp. 614-628.
  Zhi-Long Chen, George L. Vairaktarakis.
• TM-785: Risk-Sensitive Markov-Perfect Equilibria
  Madhvi Bhatt, Matthew Sobel.
  September 2004.
• TM-784R: On Interdependence and Modularity: How to Divide a Team
  William Millhiser, Daniel Solow, Corinne Coen.
  August 2004, Revised November 2005.
• TM-783: When Should Entrepreneurs Expedite or Delay Opportunity Exploitation?
  Young Rok Choi, Moren Levesque, Dean Shepherd. Forthcoming in the Journal of Business Venturing.
• TM-782: How Long Should "Followers" Delay Market Entry?
  Moren Levesque, Dean Shepherd.
  August 2004.
• TM-781: Ranking Sports Teams: A Customizable Quadratic Assignment Approach
  Interfaces, Vol. 35, No. 6, 497-510, November-December 2005. Richard Cassady, Lisa Maillart, Sinan Salman
• TM-780: A Constrained Optimization Approach to Solving Certain Systems of Convex Equations
  European Journal of Operational Research , 176(3), 1334 - 1347, February 2007.
  Daniel Solow and Hantao Li.
• TM-779: Interchanging Fill Rate Constraints and Backorder Costs in Inventory Models
  International Journal of Mathematics in Operational Research, Vol. 4, No. 4, 2012, 453-472.
  Matthew Sobel, Jiang Zhang.
  April 2004.
• TM-778: Optimal Condition-Monitoring Schedules for Multi-State Deterioration Systems with Obvious Failures
  IIE Transactions, to appear
  Lisa Maillart.
• TM-777: Scheduling Multiple Types of Fractional Ownership Aircraft with Crew Duty Restrictions
  Itir Karaesman, Pinar Keskinocak, Sridhar Tayur and Wei Yang.
  December 2003.
• TM-776R: Country Selection for New Business Venturing: A Multiple Criteria Decision Analysis
  Gina Beim and Moren Lévesque.
  Long Range Planning. Forthcoming.
• TM-775: Intuitive Optimizing : Experimental Findings on Time Allocation Decisions with Newly Formed Ventures
  Journal of Business Venturing, 20(3), 313-342, 2005.
  Moren Lévesque and Christian Schade.
• TM-774: The Effect of Aging on Entrepreneurial Behaviour
  Journal of Business Venturing, Vol. 21, Issue 2, March 2006, pp. 177-194.
  Moren Lévesque and Maria Minniti.
• TM-773: Mathematics, Theory and Entrepreneurship
  Journal of Business Venturing, Vol. 19, Issue 5, 743-765, 2004.
  Moren Lévesque.
• TM-772: Input Control in a Batch Production System with Random Yields, Lead Times and Due Dates
  European Journal of Operations Research, Vol. 126, No. 2, 371 - 385, 2000.
  Yunzeng Wang, Yigal Gerchak.
• TM-771: The Optimality of Myopic Stocking Policies for Systems with Decreasing Purchasing Prices
  European Journal of Operations Research, Vol. 133, No. 1, 153 - 159, 2001.
  Yunzeng Wang.
• TM-770: Coordination of Joint Price-Production Decisions in a Supply Chain
  IIE Transactions, Vol. 34, No. 8, 701 - 715, 2002.
  Wen Zhao, Yunzeng Wang.
• TM-769: Capacity Games in Assembly Systems with Uncertain Demand
  Manufacturing & Service Operation Management, Vol. 5, No. 3, 252 - 267, 2003
  Yunzeng Wang, Yigal Gerchak.
• TM-768: Channel Performance Under Consignment Contract with Revenue Sharing
  Management Science, Vol. 50, No. 1, 34 - 47
  Yunzeng Wang, Li Jiang, Zuo-Jun Shen.
• TM-767: Joint Pricing-Production Decisions in Supply Chains of Complementary Products with Uncertain Demand
  Yunzeng Wang
  January 2004, Revised September 2004 and May 2005
• TM-766: Dynamic Inventory Competition and Customer Retention
  Serguei Netessine, Nils Rudi, Yunzeng Wang
  July 2003
• TM-765R: How Large Should a Complex System Be? An Application in Organizational Teams
  Complexity, 12(4), 54-70, March/April 2007.
  Will Millhiser and Daniel Solow
• TM-764: Vehicle Routing and Scheduling with Full Truckloads
  Transportation Science, 37(2), 170 - 182, May 2003
  Arunapuram, S., Mathur, Kamlesh., Solow, Daniel.
• TM-763R: Control of Dividends, Capital Subscriptions, and Physical Inventories
  Lode Li, Martin Shubik, Matthew Sobel
  Management Science, Vol. 59, No. 5, May 2013, 1107-1124.
  A revision of this working paper will appear in Management Science.
• TM-762: The Optimal Timing of Living-Donor Liver Transplantation
  Management Science, Vol. 50, No. 10, pp. 1420-1430
  Oguzhan Alagoz, Lisa M Maillart, Andrew J Schaefer, Mark S Roberts
• TM-761: On Credit Risks in Supply Chains : Is Negative Default Correlation Among Suppliers Desirable?
  Volodymyr Babich, Apostolos Burnetas and Peter Ritchken
  April 2003
• TM-760R: Pre-IPO Operational and Financial Decisions
  Management Science, Vol. 50, Number 7, (July 2004), pp. 935-948
  Volodymyr Babich and Matthew J Sobel
• TM-759: Loading and Unloading Operations of Multiple Quay Cranes in Container Terminals
  IIE Transactions, to appear
  George L. Vairaktarakis and Chung-Lun Li
• TM-758: The Multiple-Family ELSP with Safety Stocks
  Serge Karalli and A. Dale Flowers
  January 2003
• TM-757: Hazardous Waste Disposal: A Waste-Fuel Blending Approach
  A. Dale Flowers, Kevin Linderman
  January 2003
• TM-756: On Convergent Sequences of Linear Programs
  Daniel Solow, Kamlesh Mathur, Joseph G. Szmerekovsky
  August 2002
• TM-755: Mathematical Models for Studying the Value of Cooperational Leadership in Team Replacement
  Computational and Mathematical Organization Theory, 9(1), 61-81, May 2003
  Daniel Solow and Chartchai Leenawong
• TM-754R: Fill Rates of Single-Stage and Multi-Stage Supply Systems
  Manufacturing & Service Operations Management, Volume 6, Number 1, January(2004), pp. 41-52
  Matthew J. Sobel
• TM-753: Maximizing Project Cash Availability
  Joseph G. Szmerekovsky, George Vairaktarakis
  October 2001
• TM-752: Mathematical Models for Studying the Value of Motivational Leadership in Team Replacement
  Computational and Mathematical Organization Theory, 11(1), 5-36, May 2005
  Daniel Solow; Apostolos Burnetas; Sandy Kristin Piderit; Chartchai Leenawong
• TM-751: Mathematical Models for Explaining the Emergence of Specialization in Performing Tasks
  Complexity, 10(1), 37-48, September/October, 2004.
  Daniel Solow; Joseph Szmerekovsky
• TM-750: On Gilmore-Gomory’s Open Question for the Bottleneck TSP
  Operations Research Letters, Volume 31(6), 483-491, 2003
  George Vairaktarakis
• TM-749: Complexity of Workforce Scheduling in Transfer Lines
  Journal of Global Optimization, 27 : 273-291, 2003
  George L. Vairaktarakis; Xiaoqiang Cai
• TM-748: An Efficient Algorithm for the Complementary Hamiltonian Cycle Problem in Bipartite Graphs
  George Vairaktarakis; Daniel Solow
  August 2001
• TM-747: Level Workforce Schedule for 2-stage Transfer Lines
  George L. Vairaktarakis; Joseph Szmerekovsky
  August 2001
• TM-746: Analysis of Algorithms for Two-stage Flowshops with Multi-processor Task Flexibility
  Naval Research Logistics, Vol. 50, 2003
  George L. Vairaktarakis; Chung-Yee Lee
• TM-745: Loading and Unloading Operations in Container Terminals
  IIE Transactions, Vol. 36, No. 4, April 2004, pp. 287-297.
  Chung-Lun Li; George L. Vairaktarakis
• TM-744:The Value of Processing Flexibility in Multipurpose Machines
  IIE Transactions, 35(8), 763-774, 2003
  George Vairaktarakis; Xiaoqiang Cai
• TM-743: Lead-Time Rules in Distributed Manufacturing Systems
  Appeared as “Manufacturing Lead-Time Rules : Customer Retention vs. Tardiness Costs” in European Journal of Operational Research, Vol 163, No. 3, 825-856, 2005.
  Susan A. Slotnick; Matthew J. Sobel
• TM-742: Planning Virtual Inventories
  Appeared in Journal of Business Logistics, Vol 24, No. 2, pp. 65-89 as “Planning Multiple Location Inventories”
  Ronald H. Ballou; Apostolos N. Burnetas
• TM-741: Managerial Insights into the Effects of Interactions on Replacing Members of a Team
  Management Science, 48(8), 1060-1073, 2002
  Daniel Solow; George Vairaktarakis; Sandy Kristin Piderit; Ming Chi Tsai
• TM-740: On the Expected Performance of Systems with Complex Interactions Among Components
  Complex Systems, 12(4), 423-456, 2000
  Daniel Solow; Apostolos N. Burnetas; Ming Chi Tsai; Neil S. Greenspan
  June 2000
• TM-739: Incorporating Dynamic Aspects and Uncertainty in 1-Median Location Problems
  Naval Research Logistics, 46 : 147-168,1999
  George L. Vairaktarakis; Panagiotis Kouvelis
• TM-738: The Value of Resource Flexibility in the Resource Constrained Job Assignment Problem
  Management Science, 49(6), 718-732, 2003
  George L. Vairaktarakis
• TM-737: Optimization Tools for Design and Marketing of New/Improved Products Using the House of Quality
  Journal of Operations Management, 17(6), 645-663, 1999
  George L. Vairaktarakis
• TM-736: The Use of Flowlines to Simplify Routing Complexity in Two-Stage Flowshops
  George L. Vairaktarakis; Mohsen Elhafsi
  August 2000
• TM-735: Worker Cross-Training in Paced Assembly Lines
  Manufacturing & Service Operations Management, 1(2) : 112-131, 1999
  George L. Vairaktarakis; Janice Kim Winch
• TM-734: An Empirical Comparison of GARCH Option Pricing Models
  K.C. Hsieh; Peter Ritchken
  September 2000
• TM-733: Revenue-Sharing vs. Wholesale-Price Contracts in Assembly Systems with Random Demand
  Production & Operations Management, Vol. 13, No. 1, 23-33, 2004.
  Yigal Gerchak; Yunzeng Wang
• TM-732: Supply Chain Coordination When Demand is Shelf-Space-Dependent
  Manufacturing & Service Operations Management, 3, 2001
  Yunzeng Wang; Yigal Gerchak
• TM-731: Differentiating Customer Service on the Basis of Delivery Lead-Times for Repairables
  IIE Transactions, Vol. 34, No. 11, 979 - 989, 2002
  Yunzeng Wang; Morris Cohen; Yu-Sheng Zheng
• TM-730: A Two-Echelon Repairable Inventory System with Stocking-Center-Dependent Depot Replenishment Lead Times
  Management Science, 46, 2000
  Yunzeng Wang; Morris Cohen; Yu-Sheng Zheng
• TM-729: On the Challenge of Developing a Formal Mathematical Theory for Establishing Emergence in Complex Systems
  Complexity, 6(1), 49-52, 2000
  Daniel Solow
  August 2000
• TM-728: Option Contracts in Supply Chains
  Apostolos N. Burnetas; Peter Ritchken
  May 2000
• TM-727: Future Capacity Procurements under Unknown Demand and Increasing Costs
  Apostolos N. Burnetas; Stephen M. Gilbert
  January 2000
• TM-726: Dynamic Policies of Admission to a Two-Class System Based on Customer Offers
  E. Lerzan Örmeci; Apostolos N. Burnetas; Hamilton Emmons
  April 2000
• TM-725: Admission Policies for a Two Class Loss System
  E. Lerzan Örmeci; Apostolos N. Burnetas; Jan van der Wal
  January 2000
• TM-724F : Discounting and Risk Neutrality
  Matthew J. Sobel
  September 2006
• TM-723: Environmental Variation And Population Change: Forecasting Spring Chinook Runs In Two Oregon Coastal Rivers
  Daniel B. Botkin; Matthew J. Sobel; Lloyd G. Simpson; Kenneth Cummins; Lee M. Talbot
  August 2000
• TM-722: Inventory Policies for Systems with Stochastic and Deterministic Demand
  Operations Research, Vol. 49, No. 1, pp., 157-162
  Matthew J. Sobel; Rachel Q. Zhang
  August 2000
• TM 721 : Delivery Guarantees and the Interdependence of Marketing and Operations
  Subimal Chatterjee; Susan A. Slotnick; Matthew J. Sobel
  Production and Operations management, Vol. 11, No. 3, Fall 2002, pp. 393-410
  June 2001
• TM 720R Radical Innovation for Multi-dimensional Technologies
  Management Science, 48 (10), 1268-1284, 2002
  Kathy A. Paulson Gjerde; Susan A. Slotnick; Matthew J. Sobel
  March 2001