YALCIN AKCAY (PROFESSOR OF OPERATIONS MANAGEMENT)

Yalçın Akçay joined Melbourne Business School in 2017 and is currently a Professor of Operations Management.

He received his dual-title Ph.D. from the Penn State Smeal College of Business. Previously, he was an Associate Professor at Koç University.

Yalçın’s research focuses on revenue management, dynamic pricing, inventory management, retail operations, stochastic modeling of service and manufacturing systems. His research has been published in leading academic journals, including Management Science, Operations Research, and Production and Operations Management. Yalçın’s papers received the Wickham Skinner Best Paper Award from the Production and Operations Management Society (POMS) and the IIE Transactions Best Paper Award from the Institute of Industrial and System Engineers (IISE). His work was also selected as the Revenue Management and Pricing Section Practice Prize Finalist by the Institute for Operations Research and the Management Sciences (INFORMS).

Yalçın is an Associate Editor for the International Journal of Management Science (OMEGA), and received the Meritorious Service Award from Manufacturing & Service Operations Management (M&SOM).

Yalçın teaches Operations Management at the MBA, Executive MBA and Senior Executive MBA programs.
 

Working Papers

Consumer choice under limited attention when options have different information costs (with Frank Huettner and Tamer Boyaci)

The customer knows best: Pricing policies for random quality products (with Fikri Karaesmen)

Planning availability for a product category (with Hari Natarajan)
 

Journal Publications

Pricing when customers have limited attention (with Tamer Boyaci) forthcoming in Management Science (Abstract)

Cross-selling investment products with a win-win perspective in portfolio optimization, Operations Research, Vol. 61, No. 1, 55-74 (with Ozden Gur Ali, Serdar Sayman, Emrah Yilmaz and Hamdi Ozcelik) (Abstract) (INFORMS Revenue Management and Pricing Section Practice Prize Finalist)

Revenue management for intermodal transportation: the role of dynamic forecasting, Production and Operations Management, Vol. 25, No. 10, 1658-1672. (with Long Gao and Ting Luo) (Abstract)

Assortment-based cooperation between two make-to-stock firms, IIE Transactions, Vol. 46, No. 3, 213-229. (with Baris Tan) (Abstract) (Best Paper in the IIE Transactions Focused Issue on Design and Manufacturing for 2015)

Selling with money-back guarantees: the impact on prices, quantities, and retail profitability, Production and Operations Management, Vol. 22, No. 4, 777-791. (with Tamer Boyaci and Dan Zhang) (Abstract) (The Conversation article)

Joint dynamic pricing of multiple perishable products under consumer choice, Management Science, Vol. 56, No. 8, 1345-1361. (with Hari Natarajan and Susan H. Xu) (Abstract)

Dynamic assignment of flexible service resources, Production and Operations Management, Vol. 19, No. 3, 279-304. (with Susan H. Xu and Anant Balakrishnan) (Abstract) (Wickham Skinner Award for best published paper in Production And Operations Management in 2010)

Optimal portfolio selection with a shortfall probability constraint: evidence from alternative distribution functions, The Journal of Financial Research, Vol. 33, No. 1, 77-102. (with Atakan Yalcin) (Abstract)

On the structural properties of a discrete-time single product revenue management problem, Operations Research Letters, Vol. 37, No. 4, 273-279. (with Seray Aydin and Fikri Karaesmen) (Abstract)

On the benefits of assortment-based cooperation among independent producers, Production and Operations Management, Vol. 17, No. 6, 626-640. (with Baris Tan) (Abstract)

Greedy algorithm for the general multidimensional knapsack problem, Annals of Operations Research, Vol. 150, No.1, 17-29. (with Susan H. Xu and Hua Li) (Abstract)

Joint inventory replenishment and component allocation optimization in an assemble-to-order system, Management Science, Vol. 50, No. 1, 99-116. (with Susan H. Xu) (Abstract)
YALCIN AKCAY
PROFESSOR OF OPERATIONS MANAGEMENT QUALIFICATIONS PHD, PENN STATE UNIVERSITY; MBA, MIDDLE EAST TECHNICAL UNIVERSITY; BSc, MIDDLE EAST TECHNICAL UNIVERSITY AREAS OF EXPERTISE OPERATIONS MANAGEMENT, SUPPLY CHAIN MANAGEMENT, STOCHASTIC MODELING OF SERVICE AND MANUFACTURING SYSTEMS TOPICS REVENUE MANAGEMENT, DYNAMIC PRICING, INVENTORY MANAGEMENT INDUSTRIES RETAILING, MANUFACTURING, SERVICE GEOGRAPHIES AUSTRALIA, TURKEY, UNITED STATES Contact: