Mustafa Karakul received his doctorate in Operations Management from the Rotman School of Management, University of Toronto, in 2004. Mustafa studies the effects of coordinating pricing and procurement decisions on the overall profitability of the supply chains. The courses Mustafa teaches on Quantitative Methods, Operations Management, Operations Research, and Supply Chain Management benefit from not only his research but also his experience with organizations in Canada and Turkey.
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Mustafa Karakul received his doctorate in Operations Management from the Rotman School of Management, University of Toronto, in 2004. Mustafa studies the effects of coordinating pricing and procurement decisions on the overall profitability of the supply chains. The courses Mustafa teaches on Quantitative Methods, Operations Management, Operations Research, and Supply Chain Management benefit from not only his research but also his experience with organizations in Canada and Turkey. Dr. Karakul’s work has been either published or accepted for publication in the internationally renowned journals such as Naval Research Logistics, European Journal of Operational Research, Computers and Operations Research, and International Journal of Production Economics. Mustafa is currently working on a project, “E-commerce revenue management: realistic and practical models for multiple products,” which is funded by NSERC with an Individual Discovery Grant.
Degrees
PhD, Rotman/University of Toronto
MSc, Bilkent University, Turkey
BSc, Bilkent University, Turkey
Research Interests
Management
, Statistics, Supply Chain Management, Operations Management, Inventory Control, , Revenue Management, Investment Decision Analysis, Dynamic Pricing, Management Science
Current Research Projects
mkarakul
E-commerce revenue management realistic and practical models for multiple products
Mustafa Karakul received his doctorate in Operations Management from the Rotman School of Management, University of Toronto, in 2004. Mustafa studies the effects of coordinating pricing and procurement decisions on the overall profitability of the supply chains. The courses Mustafa teaches on Quantitative Methods, Operations Management, Operations Research, and Supply Chain Management benefit from not only his research but also his experience with organizations in Canada and Turkey.
Mustafa Karakul received his doctorate in Operations Management from the Rotman School of Management, University of Toronto, in 2004. Mustafa studies the effects of coordinating pricing and procurement decisions on the overall profitability of the supply chains. The courses Mustafa teaches on Quantitative Methods, Operations Management, Operations Research, and Supply Chain Management benefit from not only his research but also his experience with organizations in Canada and Turkey. Dr. Karakul’s work has been either published or accepted for publication in the internationally renowned journals such as Naval Research Logistics, European Journal of Operational Research, Computers and Operations Research, and International Journal of Production Economics. Mustafa is currently working on a project, “E-commerce revenue management: realistic and practical models for multiple products,” which is funded by NSERC with an Individual Discovery Grant.
Degrees
PhD, Rotman/University of Toronto
MSc, Bilkent University, Turkey
BSc, Bilkent University, Turkey
Research Interests
Management
, Statistics, Supply Chain Management, Operations Management, Inventory Control, , Revenue Management, Investment Decision Analysis, Dynamic Pricing, Management Science
Current Research Projects
mkarakul
E-commerce revenue management realistic and practical models for multiple products
All Publications
Book Chapters
Karakul, M., and H. Qudrat-Ullah, “How to Improve Dynamic Decision Making? Practice and Promise, ” in H. Qudrat-Ullah, M. Spector, and I. Davidson, (Eds.).
Complex Decision Making: Theory and Practice, USA: Springer-Verlag, 2008
2008
Chan, L.M.A. and M. Karakul, “Inventory Control Theory: Deterministic and Stochastic Models,” in G. Don Taylor (Ed.),
Logistics Engineering Handbook, Taylor & Francis CRC Press, 2008
2008
Journal Articles
Karakul, M. and L.M.A. Chan, “Joint Pricing and Procurement of Substitutable Products with Random Demands,”
European Journal of Operational Research, Vol. 201, Issue 1, pp. 324-328, 2010
2010
Karakul, M. and L.M.A. Chan, “Analytical and Managerial Implications of Integrating Product Substitutability in the Joint Pricing and Procurement Problem,”
European Journal of Operational Research, Vol. 190/1, pp 179-204, 2008.
2008
Karakul, M. “Joint Pricing and Procurement of Fashion Products in the Existence of a Clearance Market,”
International Journal of Production Economics, Vol. 114, Issue 2, pp. 487-506, 2008
2008
Dasci, A. and M. Karakul, “Performance Evaluation of a Single-stage Two-product Manufacturing System Operating under Pull-type Control,” Computers and Operations Research, Vol. 35, Issue 9, 2861-2876, 2008
2008
Dasci, A. and M. Karakul, “Two-period Dynamic versus Fixed-Ratio Pricing in a Capacity Constrained Duopoly,”
European Journal of Operational Research, Vol. 197, Issue 3, pp. 945-968, 2008
2008
Karakul M. and M. Parlar, “Optimal Switchover Times Between Two Activities Utilizing the Same Resource,”
Naval Research Logistics, Vol. 49, Issue 2, March 2002, 186-203.
2002
Conference Proceedings
Karakul, M., “Newsvendor Problem of a Monopolist with Clearance Markets, YA/EM Conference Proceedings, Adana, Turkey, June 2004.
2004
Public Lectures
Karakul, M, “Multiple period procurement and sales decisions for substitutable products with random demands,” Sabanci University, Istanbul, Turkey, December 2013
2013
Karakul, M. and L.M Ann Chan, “Optimal Procurement of Substitutable Products over a Finite Planning Horizon with Random Demands and Discretionary Sales,” DeGroot School of Business, McMaster University, September 2008 and Management Science Department, University of Waterloo December 2008
2008
Karakul, M., “Analytical and Managerial Implications of Integrating Product Substitutability in the Joint Pricing and Procurement Problem,” Desautels School of Management, McGill University, June 2007.
2007
Karakul, M.,” Combined Pricing and Production Decisions in Stochastic Inventory Control Theory,” Virginia Institute of Technology, Grado Department of Industrial and Systems Engineering, Blacksburg, VA, February 2005.
2005
Conferences
Karakul, M. and L.M Ann Chan, “Multiple Period Procurement and Sales Decisions for Substitutable Products with Random Demands,” YA/EM International Conference, Istanbul, Turkey, June 2013
2013
Karakul, M., Chan, L.M.A. and C. Zhu, “Joint Pricing and Ordering Decisions in Supply Chains,” CORS Conference, Toronto, Ontario, June 2009
2009
Karakul, M. and L.M Ann Chan, “Multiple Period Optimal Procurement of Substitutable Products with Discretionary Sales,” INFORMS, Washington DC, 2008
2008
Karakul, M. and L.M Ann Chan, “Multiple Period Optimal Procurement of Substitutable Products with Random Demands and Discretionary Sales,” CORS/Optimization Days, Quebec City, May 2008
2008
Karakul, M. and L.M Ann Chan, “Optimal Procurement of Substitutable Products over a Finite Planning Horizon with Random Demands and Discretionary Sales,” EURO Working Group on Stochastic Modeling, Istanbul, Turkey, June 2008
2008
Karakul, M. and A. Dasci, “Static and Dynamic Pricing in a Capacity Constrained Duopoly,” CORS Conference, London, Ontario, June 2007.
2007
Karakul, M., “Newsvendor Problem with Pricing and Clearance Markets,” POMS, Chicago, April 2005.
2005
Karakul, M., “Pricing and Inventory Control of Substitutable Products,” International Federation of Operational Research Societies (IFORS) Triennial, Hawaii, July 2005.
2005
Karakul, M. and L.M.A. Chan, “Newsboy Problem with Pricing and Clearance Markets, CORS/INFORMS Joint Meeting, Banff, Canada, May 2004.
2004
Karakul, M. and L.M Ann Chan, “ Optimal Introduction of Substitutable Products: Combined Pricing and Production Decisions,” CORS, Vancouver, June 2003.
2003
Karakul, M. and L.M Ann Chan, “ Optimal Introduction of Substitutable Products: Combined Pricing and Production Decisions,” CORS, Vancouver, June 2003.
2003
Karakul, M., “Optimal Pricing and Ordering Decisions for Substitutable Products,” CORS Conference, Toronto, June 2002.
2002
Karakul, M. and L.M Ann Chan, “Optimal Pricing and Ordering Decisions for Two One Way Substitutable Products: How much to Discount?” IFORS Triennial, Edinburgh, July 2002.
2002
