Xin Chen
Past Awards
2009
Section Prize:
Awardee(s)
Winning material:
“Coordinating Inventory Control and Pricing Strategies with Random Demand and Fixed Ordering Cost: The Finite Horizon Case”, Operations Research, Vol. 52, No. 6, November-December 2004, pp. 887-896.
Citation:
THESE WORKS ARE IN THE BEST TRADITION OF THE PRACTICE OF OPERATIONS RESEARCH AND MANAGEMENT SCIENCE. THE PAPERS PRESENT A FUNDAMENTAL CONTRIBUTION AND ADVANCEMENT OF OUR UNDERSTANDING OF THE INTEGRATION OF INVENTORY CONTROL AND DYNAMIC PRICING DECISIONS. BY INTRODUCING THE CONCEPT OF "SYMMETRIC K-CONCAVE FUNCTIONS", THE AUTHORS GENERALIZED THE WELL-KNOWN (S,s) POLICY AND CHARACTERIZED OPTIMAL INVENTORY AND PRICING STRATEGIES. THESE PAPERS HAVE ALSO HELPED INTRODUCE REVENUE MANAGEMENT AND PRICING PROBLEMS TO A BROADER AUDIENCE IN THE OPERATIONS RESEARCH COMMUNITY. FOR THESE REASONS, THEY WILL STAND AS SEMINAL PAPERS OF THE FIELD.
2008
Junior Faculty Forum Paper Competition:
Finalist
Winning material:
Inventory Centralization Games with Price-dependent Demand and Quantity Discount
2002
George Nicholson Student Paper Competition:
Honorable Mention
Winning material:
"Coordinating Inventory Control and Pricing Strategies with Random Demand and Fixed Ordering Cost"
MSOM Student Paper Competition:
Second Place
Winning material:
Coordinating Inventory Control Pricing Strategies with Random Demand and Fixed Ordering Cost