Endüstri Mühendisliği Bölümü Yayın Koleksiyonu
Permanent URI for this collectionhttps://hdl.handle.net/20.500.12416/279
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Conference Object Citation - WoS: 3Cyclical Behavior of Stock Exchange Index by Sectors: a Case From Turkey(Elsevier Science Bv, 2012) Yuksel, Ebru; Bayrak, Ozlem TurkerIn this study, the relation between the cyclical behaviors of stock market indices of industry, service, finance and technology sectors at Istanbul Stock Exchange and gross domestic product of Turkey between the 1998 January and 2011 September, is analyzed. The results suggest that stock exchange indices move in the same direction with economic activity and stock market leads the economy by about one quarter. However, when the sectoral differences are considered, movements in technology sector index are transmitted to economy in two months whereas it is three months for the industrial and service sector. The slowest sector is the financial sector for which pass-through speed is four months. (C) 2012 Published by Elsevier Ltd. Selection and/or peer review under responsibility of Prof. Dr. Huseyin ArasliArticle Citation - WoS: 20Citation - Scopus: 22Shipment Consolidation With Two Demand Classes: Rationing the Dispatch Capacity(Elsevier Science Bv, 2018) Erenay, Fatih Safa; Bookbinder, James H.; Satir, BenhurWe analyze the problem faced by a logistics provider that dispatches shipment orders (parcels or larger packages) of two order classes, viz. expedited and regular. Shipment orders arrive according to a compound Poisson process for each class. Upon an arrival, the logistics provider may continue consolidating arriving orders by paying a holding cost. Alternatively, the provider may dispatch, at a fixed cost, a vehicle containing (a portion of) the load consolidated so far. In addition, the provider must specify the composition of each dispatch by allocating (rationing) the volume of the vehicle between expedited and regular shipment orders. We model this problem as a continuous-time Markov Decision Process and minimize the expected discounted total cost. We prove the existence of quantity-based optimal threshold policies under particular conditions. We also structurally analyze the thresholds of these optimal policies. Based on these structural properties, we develop an efficient solution approach for large problem instances which are difficult to solve using the conventional policy-iteration method. For two real-life applications, we show that the quantity-based threshold policies derived using the proposed approach outperform the time policies used in practice. (C) 2018 Elsevier B.V. All rights reserved.Article Citation - WoS: 23Citation - Scopus: 35An Exact Solution Procedure for Multi-Item Two-Echelon Spare Parts Inventory Control Problem With Batch Ordering in the Central Warehouse(Elsevier Science Bv, 2010) Tan, Tarkan; Bayindir, Z. Pelin; Topan, Engin; Pelin Bayindir, Z.We consider a multi-item two-echelon inventory system in which the central warehouse operates under a (Q, R) policy, and the local warehouses implement basestock policy. An exact solution procedure is proposed to find the inventory control policy parameters that minimize the system-wide inventory holding and fixed ordering cost subject to an aggregate mean response time constraint at each facility. (C) 2010 Elsevier B.V. All rights reserved.