Research Interests
- Stochastic Models
- Revenue Management
- Inventory Theory
- Markov Decision Processes
Employment
- University of Minnesota,
Department of Mechanical Engineering
Graduate Program in Industrial and Systems Engineering
- Associate Professor (Fall 2005 -- Present)
- Assistant Professor (Fall 1999 -- Summer 2005)
Education
- Ph.D., Industrial Engineering,
Georgia Institute of Technology, 1999
- B.A., Mathematics,
University of Pennsylvania, 1993
Publications
- D. Zhang and W. L. Cooper.
Managing clearance sales in the presence of
strategic customers.
Production and Operations Management, 17(4), 416-431, 2008.
[journal;
abstract]
- D. Zhang and W. L. Cooper.
Pricing substitutable flights in airline revenue management.
To appear in
European Journal of Operational Research, 2008.
[journal;
abstract]
- K. Amaruchkul, W. L. Cooper, and D. Gupta.
Single-leg air-cargo revenue management.
Transportation Science, 41(4), 457-469, 2007.
[paper;
abstract]
- W. L. Cooper and T. Homem-de-Mello.
Some decomposition methods for revenue management.
Transportation Science, 41(3), 332-353, 2007.
[paper;
abstract]
- W. L. Cooper, T. Homem-de-Mello, and A. J. Kleywegt.
Models of the spiral-down effect in revenue management.
Operations Research, 54(5), 968-987, 2006.
[paper;
appendix;
abstract]
- W. L. Cooper and D. Gupta.
Stochastic comparisons in airline revenue management.
Manufacturing & Service Operations Management, 8(3),
221-234, 2006.
[paper;
abstract]
- D. Zhang and W. L. Cooper.
Revenue management for parallel flights with
customer-choice behavior.
Operations Research, 53(3), 415-431, 2005.
[paper;
abstract]
- S. Benjaafar, W. L. Cooper, and J.-S. Kim.
On the benefits of pooling in
production-inventory systems.
Management Science, 51(4), 548-565, 2005.
[paper;
abstract]
- D. Gupta and W. L. Cooper.
Stochastic comparisons in production yield management.
Operations Research, 53(2), 377-384, 2005.
[paper;
abstract]
- W. L. Cooper, S. G. Henderson, and M. E. Lewis.
Convergence of simulation-based policy iteration.
Probability in the Engineering and
Informational Sciences, 17(2), 213-234, 2003.
[journal;
abstract]
- W. L. Cooper.
Asymptotic behavior of an allocation policy for revenue management.
Operations Research,
50(4), 720-727, 2002.
[paper;
abstract]
- W. L. Cooper and R. L. Tweedie.
Perfect simulation of an inventory model for perishable products.
Stochastic Models,
18(2), 229-243, 2002.
[journal;
abstract]
- W. L. Cooper.
Pathwise properties and performance bounds
for a perishable inventory system.
Operations Research,
49(3), 455-466, 2001.
[paper;
abstract]
- W. L. Cooper, V. Schmidt, and R. F. Serfozo.
Skorohod-Loynes characterizations of queueing,
fluid, and inventory processes.
Queueing Systems,
37(1-3), 233-257, 2001.
[journal;
abstract]
- W. L. Cooper.
Negative binomial sums of random variables and
discounted reward processes.
Journal of Applied Probability,
35(3), 589-599, 1998.
[journal;
abstract]
Working Papers
- S. Benjaafar, W. L. Cooper, and S. Mardan.
Production-inventory systems with imperfect advance demand information and updating.
2006.
[manuscript under revision;
abstract]
Funded Research
- Model accuracy and learning in revenue management and dynamic pricing.
PIs: W. L. Cooper, T. Homem-de-Mello (Northwestern),
A. J. Kleywegt (Georgia Tech).
National Science Foundation, 2007-2010.
- Stochastic optimization for revenue management.
PI: W. L. Cooper, Co-PI: T. Homem-de-Mello (Northwestern).
National Science Foundation, 2001-2005.
- Joint optimization of resource allocation and operational decisions
for improving random yield.
PI: D. Gupta (Minnesota), Co-PI: W. L. Cooper.
National Science Foundation, 2001-2004.
- Air-cargo revenue management in the presence of intermediaries.
PI: D. Gupta (Minnesota), Co-PI: W. L. Cooper.
National Science Foundation, 2004-2006.
Teaching
- IE 4521 Statistics, Quality, and Reliability
(Taught eight times)
- IE 8532 Stochastic Processes and Queueing Systems
(Taught six times)
- IE 8533 Advanced Stochastic Processes and Queueing Systems
(Taught three times)
- IE 8534 Advanced Topics: Pricing and Revenue Management
(Taught once)
- IE 8534/8990 Advanced Topics: Markov Decision Processes
(Taught twice)
Service Activities
- Associate Editor, Operations Research (2006-Present)
- Associate Editor, IIE Transactions (2005-Present)
- Senior Editor, Production and Operations Management
(2006-Present)
- Frequent referee for journals including
Operations Research;
Management Science;
Mathematics of Operations Research;
Manufacturing & Service Operations Management;
Transportation Science;
IIE Transactions;
Probability in the Engineering and Informational
Sciences;
Stochastic Models;
Queueing Systems;
Naval Research Logistics;
Production and Operations Management;
IEEE Transactions on Systems, Man, and Cybernetics;
European Journal of Operational Resarch;
The Engineering Economist;
INFOR;
Journal of Revenue and Pricing Management;
INFORMS Transactions on Education
Graduated Ph.D. Advisees
- Dan Zhang. Graduated 2005.
Dissertation: Revenue management with customer choice.
Current Position: Assistant Professor,
Operations Management,
McGill University.
- Setareh Mardan. Graduated 2006
(co-advised with S. Benjaafar).
Dissertation title: Control policies for stochastic
production-inventory systems.
Current Position: Associate Scientist,
PROS Revenue Management, Houston, TX.
- Kannapha Amaruchkul. Graduated 2007
(co-advised with D. Gupta).
Dissertation: Models for air-cargo allotment
management and booking control.
Current Position: Lecturer,
School of Applied Statistics,
National Institute of Development Administration,
Bangkok, Thailand.
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