RESEARCH INTERESTS AND PUBLICATIONS

RESEARCH INTERESTS

bulletSupply Chain Management
bulletPartially Observed Inventory Models
bulletHierarchical Decisions in Dynamic Stochastic Manufacturing Systems
bulletDynamic and Stochastic Competitive Advertising Models
bulletOptimal Pricing, Development and Maintenance of Software
bulletDecision, Forecast, and Rolling Horizons in Dynamic Optimization Problems
bulletScheduling and Sequencing in Robotic Cells
bulletMathematical Finance
bulletGenuine Savings and Value of Population

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BOOKS AND MONOGRAPHS

Sethi, S.P. and Zhang, Q., Hierarchical Decision Making in Stochastic Manufacturing Systems, in series Systems and Control: Foundations and Applications, Birkhäuser Boston, Cambridge, MA, 1994 (419 pages - ISBN 0-8176-3735-4); reviews in Mathematical Reviews, 1995; Short Book Reviews, Aug. 1995; Control Engineering Practice, Aug. 1995; J. of Economic Literature, Sept. 1995; Computing Reviews, Nov. 1995; Discrete Event Dynamic Systems, July 1996; Interfaces, July-Aug. 1996; Optimization, 1996; IEEE-AC, June 1997, J. of Economic Dynamics & Control, Vol. 21, 1997, and others.

Sethi, S.P. and Thompson, G.L., Optimal Control Theory: Applications to Management Science, Martinus Nijhoff, Boston, 1981 (481 pages); reviewed by D. Luenberger in Interfaces, June 1982; R. Neck in European J. of Operational Research, Sept. 1982, W. Davis in J.A.S.A., Sept.1984; R. Vickson in INFOR, May 1985, and others.

Sethi, S.P. and Thompson, G.L., Optimal Control Theory: Applications to Management Science and Economics, Second Edition, Kluwer Academic Publishers, Boston, 2000 (505 pages - 0-7923-8608-6); reviewed by C. Gaimon in Interfaces, November-December 2002.

Sethi, S.P., Optimal Consumption and Investment with Bankruptcy, (with a Foreword by Harry M. Markowitz, 1990 Nobel Laureate in Economics) Kluwer Academic Publishers, Norwell, MA, 1997 (428 pages - ISBN 0-7923-9755-X).

Sethi, S.P., Zhang, H., and Zhang, Q., Average-Cost Control of Stochastic Manufacturing Systems, in series Stochastic Modelling and Applied Probability, Springer, New York, NY, 2005 (325 pages - ISBN 0-387-21947-1).

Sethi, S.P., Yan, H., and Zhang, H., Inventory and Supply Chain Management with Forecast Updates, in series International Series in Operations Research & Management Science, Springer, NY, NY, 2005.(310 pages – ISBN 1-4020-8123-5)

Dawande, M.W., Geismar, H.N., Sethi, S.P., and Sriskandarajah, C., Throughput Optimization in Robotic Cells, in series: International Series in Operations Research & Management Science, Springer, New York, NY, 2007. (430 pages – ISBN 978-0-387-70987-1); reviewed by B. Lev in Interfaces, January-February 2009.

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JOURNAL ARTICLES

- Categorized in four areas :

bullet Operations Management
bulletFinance and Economics
bulletMarketing
bulletOptimization Theory and Miscellaneous Applications

Other Publications (download Resume for a complete listing)

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SUBMITTED PAPERS

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1. Kumar, S., Fan, M., and Sethi, S.P., "Performance Choice and Pricing for Differentiated Information System Services," Journal of MIS.

2. Bensoussan, A., Feng, Q., and Sethi, S.P., “Achieving a Long-Term Service Target with Short-Term Demand Signals: A Newsvendor Framework,” M&SOM.

3. Ji, Y., Kumar, S., Mookerjee, V.S., Sethi, S.P., and Yeh, D., "Optimal Enhancement and Lifetime of Software Systems: A Control Theoretic Analysis," Production and Operations Management.

4. Gan, X., Sethi, S.P., and Zhou, J., "Commitment-Penalty Contracts in Drop-shipping Supply Chains with Asymmetric Demand Information," EJOR. (abstract)

5. Bensoussan, A., Cakanyildirim, M., Sethi, S.P., and Shi, R., “Computation of Approximate Optimal Policies in Partially Observed Inventory Model with Rain Checks,” INFORMS Journal on Computing.

6. Bensoussan, A., Cakanyildirim, M., Feng, Q., and Sethi, S.P., “Optimal Ordering Policy and Value of Information under Partially Observed Lost Sale,” Operations Research.

7. Dawande, M., Gavirneni, S., Mu, Y., and Sethi, S.P., “On the Interaction between Demand Substitution and Production Changeovers,” Manufacturing & Service Operations Management.

8. Bensoussan, A., Cakanyildirim, M., Sethi, S.P., Wang, M., and Zhang, H., "Average Cost Optimality in Inventory Models with Dynamic Information Delays," IEEE Transactions on Automatic Control.

9. Cakanyildirim, M., Gan, X., and Sethi, S.P., "Contracting, Coordination and Execution under Asymmetric Production Cost Information," POM.

10. Bensoussan, A., Feng, Q., and Sethi, S.P., "Integrating Equipment Investment Strategy with Maintenance Operations under Uncertain Failures," Management Science.

11. Bensoussan, A., Cakanyildirim, M., Minjarez-Sosa, J.A., Sethi, S.P., and Shi, R., “An Incomplete Information Inventory Model with Presence of Inventories or Backorders as Only Observations,” JOTA.

12. Basar, T., Bensoussan, A., and Sethi, S.P., “Differential Games with Mixed Leadership: The Open-Loop Solution,”  Applied Mathematics and Computation, August 2009.

13. Benkherouf, L. and Sethi, S.P., “Optimality of (s,S) Policies for a Stochastic Inventory Model with Proportional and Lump-sum Shortage Costs,” OR Letters, August 2009.

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WORKING PAPERS/WORK IN PROGRESS

1.    Beyer, D., Sethi, S.P., Taksar, M.I., and Zhang, Q., "Continuous Time Inventory Model with Markov Modulated Demand and Average Cost."

2. Bass, F.M., Krishamoorthy, A., and Sethi, S.P., "Optimal Pricing in a Hazard Rate Model of Demand with Experiential Learning."

3. Gallego, G., Sethi, S.P., Wang, Z., Yan, H., Zhang, H., and Huang, Y., "Stationary Policies for Multiple Procurement Modes."

4. Gordon, M.J. and Sethi, S.P., "A Stock Market Model."

5. Johar, M., Mookerjee, V.S., and Sethi, S.P., “Optimal Local and Global Software Reuse Policies:  A Control Theoretic Approach.”

6. Dogramaci, A. and Sethi, S.P., "Organizational Nimbleness and Operational Policies:  The Case of Optimal Control of Maintenance under Uncertainty."

7. Bensoussan, A., Cakanyildirim, M., Meng, L., Sethi, S.P., and Minjarez-Sosa,J.A., “The Cash Register Inventory Model.”

8.  Cakanyildirim, M., Nourani, M., Sethi, S.P. and Tamil, L.S., "RFID and Sensor Networks in Geriatric Healthcare Supply Chains."

9. Bensoussan, A. and  Sethi, S.P., "Optimal Economic Growth with Controlled Population."

10. He, X, Krishnamoorthy, A., Prasad, A., Sethi, S.P., “Manufacturer’s Promotional Support in a Dynamic RetailDuopoly.”

11. He, X. and Sethi, S.P., “A Two-Period Newsvendor Problem with Production Cost Learning.”

12. Sethi, S.P., "A Mixed Leadership Game of Cooperative Advertising between a Manufacturer and a Retailer."

13. Haruvy E., Li, T., and Sethi, S.P., "Optimal Two-Stage Pricing and Commitment for Custom-made Products."

14. Sethi, S.P., "An Extension of 'Dividend Policy, Growth, and the Valuation of Shares' by Miller and Modigliani."

15. Chutani, A. and Sethi, S.P., “Cooperative Advertising in a Dynamic Retail Market Duopoly.”

16. Chutani, A. and Sethi, S.P., “Cooperative Advertising in a Dynamic Durable Goods Supply Chain.”

17. Chutani, A., Çakanyildirim, M., and Sethi, S.P., “Spare Parts Management during the Lifecycle of a Product.”

18. Chutani, A., Bensoussan, A., and Sethi, S.P., “Optimal Cash Management with Uncertain Stock Price.”

19. Bensoussan, A., Cakanyildirim, M., Ho, C., and Sethi, S.P., “A Mean/Variance Based Policy for a Partially Observed Zero-Balance Walk Inventory Model.”

20. Bensoussan, A., Cakanyildirim, M., Chan, L., Hoe, S., Sethi, S.P., and Muni-Toke, I., “Assessing Loss from Parsimony.”

21. Basar, T., Bensoussan, A., and Sethi, S.P., “Differential Games with Mixed Leadership:  The Feedback Solution.”

22. Wang, H., Yan, H., and Sethi, S.P., “Inventory Models with Alternative Delivery Leadtimes, Demand Backlogging, and Priority Rules.”

23. Bensoussan, A., Çakanyildirim, M., Feng, Q., and Sethi, S.P., “Partially Observed Lost Sales.”

24. Feng, Q. and Sethi, S.P., “Some Optimal Control Problems with State Constraints.”

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Last updated 10/28/2009