Department of Management Sciences
AACSB International EQUIS - European Quality Improvement System

Selected Recent Publications


  • He, R. & Lu, Y. (2021), “A robust price-setting newsvendor problem”, Production and Operations Management, forthcoming.
  • Hu, B. & Sun, Z. (2021), "Managing self-replicating innovative goods", Management Science, forthcoming.
  • Li, J., Lv, J., Wan, A.T. K. & Liao, J. (2021), “AdaBoost semiparametric model averaging prediction for multiple categories”, Journal of the American Statistical Association, forthcoming.
  • Li, Y., Zhu, R., Qu, A., Ye, H. & Sun, Z. (2021), "Topic modeling on triage notes with semi-orthogonal non-negative matrix factorization", Journal of the American Statistical Association, forthcoming.
  • Nelson, B., Wan, A.T. K., Jiang, X., Zou, G. & Zhang, X. (2021), "Reducing simulation input model risk via input model averaging", INFORMS Journal on Computing, forthcoming.
  • Shen, H., Li, Y., Chen, Y. & Pan, K. (2021), “Integrated Ad delivery planning for targeted display advertising”, Operations Research, forthcoming.
  • Shen, H., Li, Y., Guan, J. & Tso, G. K. F. (2021), “A planning approach to revenue management for non-guaranteed targeted display advertising”, Production and Operations Management, forthcoming.
  • Wang, J. & Hu, M. (2021), “Efficient inaccuracy: user-generated information sharing in a queue”, Management Science, forthcoming.
  • Zhu, H., Chen, Y., Hu, M. & Yang, Y. (2021), “A simple heuristic policy for stochastic distribution inventory systems with fixed shipment costs”, Operations Research, forthcoming.
  • Zhu, H., Yu, Y. & Ray, S. (2021), “Quality disclosure strategy under customer learning opportunities”, Production and Operations Management, forthcoming.


  • Chen, Z., Sim, M. & Xiong, P. (2020), “Robust stochastic optimization made easy with RSOME”, Management Science 66(8), 3329-3339.
  • Feng, G., Giglio, S. & Xiu, D. (2020), “Taming the factor zoo: A test of new factors”, Journal of Finance 75(3), 1327-1370.
  • Yu, Y. & Kong, X. (2020), “Robust contract designs: Linear contracts and moral hazard”, Operations Research 68(5), 1457-1473.


  • Bensoussan, A., Xie, Y. & Yan, H. (2019), “Joint inventory-pricing optimization with general demands: An alternative approach for concavity preservation”, Production and Operations Management 28(9), 2390-2404.
  • Chen, S., Li, Y. & Zhou, W. (2019), “Joint decisions for blood collection and platelet inventory control”, Production and Operations Management 28(7), 1674-1691.
  • Chen, Z., Sim, M. & Xu, H. (2019), “Distributionally robust optimization with infinitely constrained ambiguity sets”, Operations Research 67(5), 1328-1344.
  • Li, X., Li, Y. & Shi, M. (2019), “Managing consumer deliberations in a decentralized distribution channel”, Marketing Science 38(1), 170-190.
  • Lu, M., Sethi, S., Xie, Y. & Yan, H. (2019), “Profit allocation, decision sequence and compliance aspects of coordinating contracts: A retrospect”, Production and Operations Management 28(5),1222-1237.
  • Shen, X., Bao, L., Yu, Y. & Hua, Z. (2019), “Managing supply chains with expediting and multiple demand classes”, Production and Operations Management 28(5), 1129–1148.
  • Shen, X. & Yu, Y. (2019), “Capacity allocation with multiple suppliers and multiple demand classes”, Production and Operations Management 28(11), 2792-2807.
  • Yan, H., Yano, C. A. & Zhang, H. (2019), “Inventory management under periodic profit targets”, Production and Operations Management 28(6), 1387-1406.
  • Zhu, R., Wan, A. T. K., Zhang, X. & Zou, G. (2019), "A Mallows-type model averaging estimator for the varying-coefficient partially linear model", Journal of the American Statistical Association 114(526), 882-891.


  • Lu, Y., Song, M. & Yang, Y. (2018), “Approximation approaches for inventory systems with general production/ordering cost structures”, Production and Operations Management 27(3), 417-432.
  • Shen, X., Bao, L. & Yu, Y. (2018), “Coordinating inventory and pricing decisions with general price-dependent demands”, Production and Operations Management 27(7), 1355-1367.
  • Sun, Z., Argon, N. T. & Ziya, S. (2018), “Patient triage and prioritization under austere conditions”, Management Science 64(10), 4471–4489.
  • Yuan, Q., Chen, Y., Yang, J. & Zhou, Y. (2018), “Joint control of emissions permit trading and production involving fixed and variable transaction costs”, Production and Operations Management 27(8), 1420-1454.


  • Cohen, M. C., Leung, Z. N. H., Panchamgam, K., Perakis, G. & Smith, A. (2017), “The impact of linear optimization on promotion planning” Operations Research 65(2), 446-468.
  • Hong, L. J., Juneja, S., & Liu, G. (2017), “Kernel smoothing for nested estimation with application to portfolio risk measurement”, Operations Research 65(3), 657-673.
  • Shum, S., Tong, S. & Xiao, W. (2017), “On the impact of uncertain cost reduction when selling to strategic customers” Management Science 63(3), 843-860.
  • Xue, W., Caliskan-Demirag, O., Chen, Y. & Yang, Y. (2017), “Managing retail shelf and backroom inventories when demand depends on the shelf-stock level”, Production and Operations Management 26(9), 1685-1704.
  • Yan, X., Chao, X., Lu, Y. & Zhou, S. X. (2017), “Optimal policies for selling new and remanufactured products”, Production and Operations Management 26(9), 1746-1759.
  • Yang, Y., Yu, Y. & Huang, T. (2017), “Myopic analysis for multi-echelon inventory systems with batch ordering and nonstationary/time-correlated demands”, Production and Operations Management 26(1), 31-46.


  • Chen, X., Hu, P., Shum, S. & Zhang, Y. (2016), “Dynamic stochastic inventory management with reference price effects”, Operations Research 64(6), 1529-1536.
  • Duan, L., Shou, B. & Huang, J. (2016), “Capacity allocation and pricing strategies for new wireless services”, Production and Operations Research 25(5), 866-882.
  • Gao, L., Shou, B., Huang, J. & Chen, Y. (2016), “Combining spot and futures markets: A hybrid market approach to dynamic spectrum access”, Operations Research 64(4), 794-821. 
  • Hu, P., Shum, S. & Yu, M. (2016), “Joint inventory and markdown management for perishable goods with strategic consumer behavior”, Operations Research 64(1), 118-134.
  • Lu, Y., Song, M. & Yang, Y. (2016), “Joint inventory and pricing coordination with incomplete demand information”, Production and Operations Management 25(4), 701-718.
  • Tong, S. & Liu, G. (2016), “Importance sampling for option Greeks with discontinuous payoffs”, INFORMS Journal on Computing 28(2), 223-235.


  • Chen, X., Wan, A. T. K. & Zhou, Y. (2015), “Efficient quantile regression analysis with missing observations”, Journal of the American Statistical Association 110(510), 723-741.
  • Dong, M.C., Liu, Z., Yu, Y., & Zheng, J-H. (2015), "Opportunism in distribution networks: the role of network embeddedness and dependence", Production and Operations Management 24(10), 1657-1670.
  • Liu, G. (2015), "Simulation risk contributions of credit portfolios", Operations Research 63(1), 104-121.
  • Yu, Y., Benjaafar, S. & Gerchak, Y. (2015), "Capacity sharing and cost allocation among independent firms with congestion", Production and Operations Management 24(8), 1285-1310.
  • Yuan, N., Chua, G.A., Liu, X., & Chen, Y. (2015), "Unsold versus unbought commitment: minimum total commitment contracts with nonzero setup costs", Production and Operations Management 24(11), 1750-1767.


  • Chen, X., Shum, S., & Simchi-Levi, D. (2014), "Stable and coordinating contracts for a supply chain with multiple risk-averse suppliers", Production and Operations Management 23(3), 379-392.
  • Gao, L., Li, Z., & Shou, B. (2014), "Information acquisition and voluntary disclosure in an export-processing system", Production and Operations Management 23(5), 802-816.
  • Huang, T., & Yu, Y. (2014), "Sell probabilistic goods? A behavioral explanation for opaque selling", Marketing Science 33(5), 743-759.
  • Lu.Y., Chen. Y., Song. M., & Yuan. X. (2014), "Optimal pricing and inventory control policy with quantity-based price differentiation", Operations Research 62(3), 512-523.
  • Lu, Y., & Song, M. (2014), "Inventory control with a fixed cost and a piece-wise linear convex cost", Production and Operations Management 23(11), 1966-1984
  • Wang, H.F., Liang X.Y., Sethi, S., & Yan, H. (2014), "Inventory commitment and prioritized backlogging clearance with alternative delivery lead times", Production and Operations Management 23(7), 1227-1242.
  • Xie, S., Wan, A. T. K., & Zhou, Y. (2014), “A varying-coefficient expectile model for estimating Value-at-Risk”, Journal of Business and Economic Statistics 32(4), 576-592.
  • Yang, Y., Chen, Y., & Zhou, Y. (2014), "Coordinating inventory control and pricing strategies under batch ordering", Operations Research 62(1), 25-34.


  • Chen, Y., Xue, W., & Yang, J. (2013), "Optimal inventory policy in the presence of a long-term supplier and a spot market - a note", Operations Research 61(1), 88–97.
  • Lan, Y., Li, Y., & Hua, Z. (2013), "On 'equilibrium returns policies in the presence of supplier competition'", Marketing Science 32(5), 821-823.
  • Lu, Y. & Simchi-Levi, D. (2013), "On the unimodality of the profit function of the pricing newsvendor", Production and Operations Management 22(3), 615-625.
  • Zhang, X., Wan, A. T. K. & Zou, G. (2013), “Model averaging by jackknife criterion in models with dependent data”, Journal of Econometrics 174(2), 82-94.


  • Caliskan-Demirag, O., Chen, Y. & Yang, Y. (2012), "Ordering policies for periodic-review inventory systems with quantity-dependent fixed costs", Operations Research 60(4), 785-796.
  • Chiang, W. K. (2012), "Supply chain dynamics and channel efficiency in durable product pricing and distribution", Manufacturing & Service Operations Management 14(2), 327-343.
  • Li, Y., Cheang, B. & Lim, A. (2012), "Grocery perishables management ", Production and Operations Management 21(3), 504-517.
  • Pang, Z., Chen, Y. & Feng, Y. (2012), "A note on the optimal structure of joint inventory-pricing control with leadtimes", Operations. Research 60(3), 581-587.
  • Zhang, X., Wan, A. T. K. & Zhou, S. (2012), “Focused information criteria, model selection and model averaging in a Tobit model with a non-zero threshold”, Journal of Business and Economic Statistics 30(1), 132-142.


  • Feng, Y. & Chen, Y. (2011), "A computational approach for optimal joint inventory-pricing control in an infinite-horizon periodic-review system", Operations. Research 59 (5), 1297-1303.
  • Liang H., Zou G. H., Wan A. T. K. & Zhang, X. (2011), "Optimal weight choice for frequentist model average estimators", Journal of the American Statistical Association 106(495), 1053-1066.
  • Liu, G. & Hong, L.J. (2011), "Kernel estimation of the Greeks of financial options", Operations Research 59(1), 96-108.


  • Hong, L.J. & Liu, G. (2010), "Pathwise estimation of probability sensitivities through terminating and steady-state simulations", Operations Research 58(2), 357-370.
  • Chung, W. & Fuller, J.D. (2010), "Subproblem approximation in Dantzig-Wolfe decomposition of variational inequality models with an application to a multicommodity economic equilibrium model ", Operations Research 58(5), 1318 - 1327.
  • Wan, A. T. K., Zhang, X. & Zou, G. H. (2010), “Least squares model averaging by Mallow’s criterion”, Journal of Econometrics 156(2), 277-283.
  • Zhou, Y., Wan, A. T. K. & Xie, S. (2010), “Wavelet analysis of change-points in a nonparametric regression with heteroscedastic variance”, Journal of Econometrics 159(1), 183-201.