We consider a continuous time dynamic pricing model where a seller needs to sell a single item over a finitetime horizon. Customers arrive in accordance with a Poisson process. Upon arrival, a customer either purchasesthe item if the posted price is lower than his/her reservation price, or...

We study the optimal resource portfolio for a price-setter firm under a consumer choice model with supply and demand risks. The firm sells two products that are vertically differentiated, and has the option to invest in both dedicated and flexible resources. Our objective is to understand the...

In many situations, different consumers have different degrees of willingness to wait to get delivery of a product. So, consumers can be segregated based upon the demand lead time they are providing. In this paper, two types of consumers have been considered. The first category needs immediate...

We study the benefits of resource flexibility, considering two different flexibility structures. First, we want to understand the impact of the firm's pricing strategy on its resource investment decision, considering a partially flexible resource. Secondly, we study the benefits of a flexible...

We develop and evaluate two significant modeling concepts within the context of a large-scale Airspace Planning and Collaborative Decision-Making Model (APCDM) and, thereby, enhance its current functionality in support of both strategic and tactical level flight assessments. The first major...

International cooperation and foreign investment issues are two important components of an international economy. The various aspects of research related to such international cooperation and foreign investment decisions are fraught with various complex factors. In this thesis, we consider two...

The ability to effectively match supply and demand can lead to significant revenue benefits in theairline industry. Airline supply management deals with assigning the rightresources (i.e., aircraft and crew) to the right routes in the flight network.Due to certain crew regulations, operating...

We provide a comprehensive characterization of the relationship between optimal capacity and the degree of product substitution/complementarity under price/production postponement, considering different business practices (holdback versus clearance, negative price policies) and different demand...

This dissertation is concerned with decision making in retail operations management. Specifically, we focus on pricing, variety, and inventory decisions, which are at the interface of the marketing and operations functions of a retail firm. We consider two problems that relate to two major types...

We study the resource investment decision faced by a firm that offers two demand-classes (i.e., products, services),while incorporating the firm's pricing decision into the investment decision.For this purpose, we consider a monopolistic situation and model the demand curve of each demand-class...