Sethi, Suresh P
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Suresh Sethi holds the Eugene McDermott Chair and is Professor of Operations Management. He also is the Founder and Director of the Center for Intelligent Supply Networks. His research interests include:
- Supply chain management
- Partially observed inventory models
- Hierarchical decisions in dynamic stochastic manufacturing systems
- Dynamic and stochastic advertising models
- Optimal pricing, development and maintenance of software
- Decision, forecast, and rolling horizons in dynamic optimization problems
- Scheduling and sequencing of robotic cells
- Mathematical finance
- Genuine savings and value of population
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Recipient of the 2020 Sushil K. Gupta POMS Distinguished Service Award from the Production and Operations Management Society (POMS).
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Recent Submissions
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Advance Selling in the Presence of Market Power and Risk-Averse Consumers
(Wiley, 2018-07-18)We consider a manufacturer who procures raw material through a long-term contract as well as in a spot market to produce goods for selling to consumers, a fraction of whom are risk averse. We assume that the manufacturer ... -
Scheduling in Production, Supply Chain and Industry 4.0 Systems by Optimal Control: Fundamentals, State-of-the-Art and Applications
(Taylor & Francis Ltd, 2018-02-08)This paper presents a survey on the applications of optimal control to scheduling in production, supply chain and Industry 4.0 systems with a focus on the deterministic maximum principle. The first objective is to derive ... -
Strategic Remanufacturing under Competition
(De Gruyter, 2019-06-12)We investigate firms' remanufacturing strategies for the case of a duopoly. On the one hand, remanufactured products cannibalize sales of new products of the same firm thereby hurting its profits. On the other hand, they ... -
Sourcing Contract under Countervailing Incentives
(Wiley-Blackwell, 2019-05-25)We study a retailer’s sourcing contract when the supplier’s reservation profit (offered by his outside options) depends on his cost, which is privately known to only the supplier. An interesting discovery from our analysis ... -
Online Market Entry and Channel Sharing Strategy with Direct Selling Diseconomies in the Sharing Economy Era
(Elsevier B.V., 2019-05-16)Channel sharing is an important marketing strategy for giant retailers who sell their own store brands and resell national brands for cooperative manufacturers simultaneously. To expand their market and increase profitability, ... -
Relationship-Specific Investment and Hold-Up Problems in Supply Chains: Theory and Experiments
(Springer, 2018-07-20)Supply chains today routinely use third parties for many strategic activities, such as manufacturing, R&D, or software development. These activities often include relationship-specific investment on the part of the vendor, ... -
Impact of Power Structures in a Subcontracting Assembly System
We investigate the impact of power structures on the production and pricing strategies in a decentralized subcontracting assembly system consisting of two suppliers (key supplier and subcontractor) and one manufacturer ... -
Analysis of Product Rollover Strategies in the Presence of Strategic Customers
Frequent product introductions emphasize the importance of product rollover strategies. With single rollover, when a new product is introduced, the old product is phased out from the market. With dual rollover, the old ... -
Advertising Competition with Market Expansion for Finite Horizon Firms
Firms that want to increase the sales of their brands through advertising have the choice of capturing market share from their competitors through brand advertising, or increasing primary demand for the category through ...
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