Department of Decision Analytics and Operations

Prof. LU Ye (陸曄教授)

PhD - Operations Research (MIT)
PhD - Mathematics (University of Notre Dame)
BS - Applied Math (Tsinghua University)

Professor

Contact Information

E-mail:
Address:	7-277, Lau Ming Wai Academic Building City University of Hong Kong
Phone:	+852 34428656
Fax:	+852 34420189
yelu22@cityu.edu.hk
CV:

Research Areas

Operations Management
Operations Research

I received a PhD in operations research from MIT in 2009, a PhD in mathematics from the University of Notre Dame in 2006, and a BS in applied mathematics from Tsinghua University in 2002. My research interest is to use optimization and statistical models to solve real world problems. I joined CityU in the summer of 2009 and now a professor at department of management science.

Awards

Award Title	Institution
Excellent PhD Supervisor Award	City University of Hong Kong (College of Business)
President Award	City University of Hong Kong
Research Excellence Award	City University of Hong Kong (College of Business)
Best Paper Award	The Seventh International Conference of Chinese Scholars Association for Management Science and Engineering
George E. Nicholson Student Paper Competition(Finalist)	INFORMS
Excellent Student Leadership Award	Tsinghua University

Research Grant

PI: "An Approximation Scheme for a class of Operations Management Problem with an O(TK) Performance Bound", GRF - RGC , Amount: 636,993 (2021-2023) , Lu, Ye
PI: "Operational Impact of Stockout Service Level in Dynamic Inventory System", GRF - RGC , Amount: 385,778 (2017-2019) , Lu, Ye
PI: "Robust Price-setting Newsvendor Problem", GRF - RGC , Amount: 458,994 (2016-2019) , Lu Ye
PI: "K-approximate Convexity and Its Applications", GRF - RGC , Amount: 466,000 (2015-2017) , Lu,Ye
PI: "An Operations Management Approach to Mitigating the Labor Shortage Problem", GRF - RGC , Amount: HKD 396,000 (2013-2015) , Lu, Ye
PI: "Optimal Policy for an Inventory System with Convex Ordering Cost and a Fixed Cost", Young Scholar Fund - NSFC , Amount: RMB 200,000 (2012-2014) , Lu,Ye
PI: "Optimal Pricing and Inventory Control for Green Manufacturing ", GRF - RGC , Amount: HKD 804,060 (2011-2014) , Lu,Ye
PI: "Optimal Pricing and Inventory Control Policy with Quantity‐Based Price Differentiation", SRG - City University of Hong Kong , Amount: 79,000 (2012-2013) , Lu, Ye
PI: "Joint Pricing and Inventory Coordination for Substitutable Products", CityU Start-up & SRG - City University of Hong Kong , Amount: HKD 624,416 (2009-2012) , Lu, Ye

External Academic Activities

Period	Organizer	Country / Region	Role
2020 - Now	Decision Science	United States of America	Associate Editor

Publications

Journal Publications and Reviews
Lu, Ye; Song, Miao; Zhong, Xiaoling / How good is a group decision?. June 2025; In: Public Choice. Vol. 203, No. 3-4, pp. 445–464 Yan, Xiaoming; Chao, Xiuli; Lu, Ye / Optimal control policies for dynamic inventory systems with service level dependent demand. May 2024; In: European Journal of Operational Research. Vol. 314, No. 3, pp. 935-949 He, Rongchuan; Lu, Ye / A Robust Price-Setting Newsvendor Problem. January 2021; In: Production and Operations Management. Vol. 30, No. 1, pp. 276-292 Hu, Peng; Lu, Ye; Song, Miao / Joint Pricing and Inventory Control with Fixed and Convex/Concave Variable Production Costs. April 2019; In: Production and Operations Management. Vol. 28, No. 4, pp. 847-877 Lu, Ye; Song, Miao; Yang, Yi / Approximation Approaches for Inventory Systems with General Production/Ordering Cost Structures. March 2018; In: Production and Operations Management. Vol. 27, No. 3, pp. 417-432 LU, Ye; XU, Minghui; YU, Yimin / Coordinating Pricing, Ordering and Advertising for Perishable Products Over an Infinite Horizon. February 2018; In: Journal of Systems Science and Systems Engineering. Vol. 27, No. 1, pp. 106-129 Yan, Xiaoming; Chao, Xiuli; Lu, Ye; Zhou, Sean X. / Optimal Policies for Selling New and Remanufactured Products. September 2017; In: Production and Operations Management. Vol. 26, No. 9, pp. 1746-1759 Lu, Ye; Song, Miao; Yang, Yi / Joint Inventory and Pricing Coordination with Incomplete Demand Information. April 2016; In: Production and Operations Management. Vol. 25, No. 4, pp. 701-718 Xu, Xiaoyan; Ma, Zhuang; Xu, Liang; Lu, Ye / Optimal pricing strategy to reduce fuel consumption in electricity generation with smart meter. March 2015; In: Journal of Systems Science and Systems Engineering. Vol. 24, No. 1, pp. 81-106 Lu, Ye; Song, Miao / Inventory control with a fixed cost and a piecewise linear convex cost. November 2014; In: Production and Operations Management. Vol. 23, No. 11, pp. 1966-1984 Lu, Ye; Chen, Youhua; Song, Miao; Yan, Xiaoming / Optimal pricing and inventory control policy with quantity-based price differentiation. May 2014; In: Operations Research. Vol. 62, No. 3, pp. 512-523 Xu, Minghui; Lu, Ye / The effect of supply uncertainty in price-setting newsvendor models. June 2013; In: European Journal of Operational Research. Vol. 227, No. 3, pp. 423-433 Wu, Leqin; Chen, Xin; Lu, Ye; Yuan, Ya-Xiang / Stability and allocation in a three-player game. June 2013; In: Asia-Pacific Journal of Operational Research. Vol. 30, No. 3 Lu, Ye; Simchi-Levi, David / On the unimodality of the profit function of the pricing newsvendor. May 2013; In: Production and Operations Management. Vol. 22, No. 3, pp. 615-625 Chen, Youhua Frank; Lu, Ye; Xu, Minghui / Optimal inventory control policy for periodic-review inventory systems with inventory-level-dependent demand. September 2012; In: Naval Research Logistics. Vol. 59, No. 6, pp. 430-440 Lu, Ye; Ozdaglar, Asuman; Simchi-Levi, David / Stock repurchase with an adaptive reservation price: A study of the greedy policy. January 2011; In: Operations Research Letters. Vol. 39, No. 1, pp. 22-27 Lu, Ye; Yuan, Ya-Xiang / An interior-point trust-region polynomial algorithm for convex quadratic minimization subject to general convex constraints. April 2008; In: Optimization Methods and Software. Vol. 23, No. 2, pp. 251-258 Lu, Ye; Yuan, Ya-Xiang / An interior-point trust-region algorithm for general symmetric cone programming. 2007; In: SIAM Journal on Optimization. Vol. 18, No. 1, pp. 65-86 Lu, Ye; Bates, Daniel J.; Sommese, Andrew J.; Wampler, Charles W. / Finding All Real Points of a Complex Curve. 2007; In: Contemporary Mathematics. Vol. 448, pp. 183‐206 Faybusovich, Leonid; Lu, Ye / Jordan-algebraic aspects of nonconvex optimization over symmetric cones. January 2006; In: Applied Mathematics and Optimization. Vol. 53, No. 1, pp. 67-77

Journal Publications and Reviews

Lu, Ye; Song, Miao; Zhong, Xiaoling / How good is a group decision?. June 2025; In: Public Choice. Vol. 203, No. 3-4, pp. 445–464
Yan, Xiaoming; Chao, Xiuli; Lu, Ye / Optimal control policies for dynamic inventory systems with service level dependent demand. May 2024; In: European Journal of Operational Research. Vol. 314, No. 3, pp. 935-949
He, Rongchuan; Lu, Ye / A Robust Price-Setting Newsvendor Problem. January 2021; In: Production and Operations Management. Vol. 30, No. 1, pp. 276-292
Hu, Peng; Lu, Ye; Song, Miao / Joint Pricing and Inventory Control with Fixed and Convex/Concave Variable Production Costs. April 2019; In: Production and Operations Management. Vol. 28, No. 4, pp. 847-877
Lu, Ye; Song, Miao; Yang, Yi / Approximation Approaches for Inventory Systems with General Production/Ordering Cost Structures. March 2018; In: Production and Operations Management. Vol. 27, No. 3, pp. 417-432
LU, Ye; XU, Minghui; YU, Yimin / Coordinating Pricing, Ordering and Advertising for Perishable Products Over an Infinite Horizon. February 2018; In: Journal of Systems Science and Systems Engineering. Vol. 27, No. 1, pp. 106-129
Yan, Xiaoming; Chao, Xiuli; Lu, Ye; Zhou, Sean X. / Optimal Policies for Selling New and Remanufactured Products. September 2017; In: Production and Operations Management. Vol. 26, No. 9, pp. 1746-1759
Lu, Ye; Song, Miao; Yang, Yi / Joint Inventory and Pricing Coordination with Incomplete Demand Information. April 2016; In: Production and Operations Management. Vol. 25, No. 4, pp. 701-718
Xu, Xiaoyan; Ma, Zhuang; Xu, Liang; Lu, Ye / Optimal pricing strategy to reduce fuel consumption in electricity generation with smart meter. March 2015; In: Journal of Systems Science and Systems Engineering. Vol. 24, No. 1, pp. 81-106
Lu, Ye; Song, Miao / Inventory control with a fixed cost and a piecewise linear convex cost. November 2014; In: Production and Operations Management. Vol. 23, No. 11, pp. 1966-1984
Lu, Ye; Chen, Youhua; Song, Miao; Yan, Xiaoming / Optimal pricing and inventory control policy with quantity-based price differentiation. May 2014; In: Operations Research. Vol. 62, No. 3, pp. 512-523
Xu, Minghui; Lu, Ye / The effect of supply uncertainty in price-setting newsvendor models. June 2013; In: European Journal of Operational Research. Vol. 227, No. 3, pp. 423-433
Wu, Leqin; Chen, Xin; Lu, Ye; Yuan, Ya-Xiang / Stability and allocation in a three-player game. June 2013; In: Asia-Pacific Journal of Operational Research. Vol. 30, No. 3
Lu, Ye; Simchi-Levi, David / On the unimodality of the profit function of the pricing newsvendor. May 2013; In: Production and Operations Management. Vol. 22, No. 3, pp. 615-625
Chen, Youhua Frank; Lu, Ye; Xu, Minghui / Optimal inventory control policy for periodic-review inventory systems with inventory-level-dependent demand. September 2012; In: Naval Research Logistics. Vol. 59, No. 6, pp. 430-440
Lu, Ye; Ozdaglar, Asuman; Simchi-Levi, David / Stock repurchase with an adaptive reservation price: A study of the greedy policy. January 2011; In: Operations Research Letters. Vol. 39, No. 1, pp. 22-27
Lu, Ye; Yuan, Ya-Xiang / An interior-point trust-region polynomial algorithm for convex quadratic minimization subject to general convex constraints. April 2008; In: Optimization Methods and Software. Vol. 23, No. 2, pp. 251-258
Lu, Ye; Yuan, Ya-Xiang / An interior-point trust-region algorithm for general symmetric cone programming. 2007; In: SIAM Journal on Optimization. Vol. 18, No. 1, pp. 65-86
Lu, Ye; Bates, Daniel J.; Sommese, Andrew J.; Wampler, Charles W. / Finding All Real Points of a Complex Curve. 2007; In: Contemporary Mathematics. Vol. 448, pp. 183‐206
Faybusovich, Leonid; Lu, Ye / Jordan-algebraic aspects of nonconvex optimization over symmetric cones. January 2006; In: Applied Mathematics and Optimization. Vol. 53, No. 1, pp. 67-77