Section Prize: Awardee(s)
Winning material:“Coordinating Inventory Control and Pricing Strategies with Random Demand and Fixed Ordering Cost: The Finite Horizon Case”, Operations Research, Vol. 52, No. 6, November-December 2004, pp. 887-896.
Citation:
THESE WORKS ARE IN THE BEST TRADITION OF THE PRACTICE OF OPERATIONS RESEARCH AND MANAGEMENT SCIENCE. THE PAPERS PRESENT A FUNDAMENTAL CONTRIBUTION AND ADVANCEMENT OF OUR UNDERSTANDING OF THE INTEGRATION OF INVENTORY CONTROL AND DYNAMIC PRICING DECISIONS. BY INTRODUCING THE CONCEPT OF "SYMMETRIC K-CONCAVE FUNCTIONS", THE AUTHORS GENERALIZED THE WELL-KNOWN (S,s) POLICY AND CHARACTERIZED OPTIMAL INVENTORY AND PRICING STRATEGIES. THESE PAPERS HAVE ALSO HELPED INTRODUCE REVENUE MANAGEMENT AND PRICING PROBLEMS TO A BROADER AUDIENCE IN THE OPERATIONS RESEARCH COMMUNITY. FOR THESE REASONS, THEY WILL STAND AS SEMINAL PAPERS OF THE FIELD.
Junior Faculty Forum Paper Competition: Finalist
Winning material:Inventory Centralization Games with Price-dependent Demand and Quantity Discount
George Nicholson Student Paper Competition: Honorable Mention
Winning material:"Coordinating Inventory Control and Pricing Strategies with Random Demand and Fixed Ordering Cost"
MSOM学生论文竞赛: Second Place
Winning material:Coordinating Inventory Control Pricing Strategies with Random Demand and Fixed Ordering Cost