ORCIBS SEMINAR- Fikri Karaesmen

Author: CASE
Time: 11:00
Location: CASE 216



Date:       08 November 2019

Time        11:00-12:30

Place:      CASE 216

Speaker: Fikri Karaesmen-Department of Industrial Engineering, Koç University

Talk title: On the Effects of System Parameters for a Class of Queueing and Inventory Control Problems

(joint work with Samuel Vercraene - INSA Lyon, Jean-Philippe Gayon - INP, University Grenoble-Alps)

Abstract: We explore the effects of changing system input parameters for a class of problems that arise in queueing and inventory control. In particular, we study how different system parameters (event transition rates, costs, rewards etc.) affect the optimal cost and the optimal policy in multi-dimensional control problems. To achieve this, we develop a framework that unifies existing models and a systematic approach that enables investigating the effects of parametric changes.

Short Biography: Fikri Karaesmen is Professor of Industrial Engineering in Koç University. He holds a BS degree in Industrial Engineering from METU and MS and PhD degrees in Industrial Engineering from Northeastern University. His research interests are in design of supply chains and service systems using stochastic models.  His papers have appeared in many journals including Operations Research, Management Science, Manufacturing and Service Operations Management, and Production and Operations Management.