mkarakul


Mustafa Karakul

Photo of Mustafa Karakul

School of Administrative Studies

Associate Professor

Office: Atkinson College, 260A
Phone: 416-736-2100 Ext: 30117
Email: mkarakul@yorku.ca
Primary website: http://www.yorku.ca/mkarakul/


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

, Operations Management, Inventory Control, Supply Chain Management, Revenue Management, Investment Decision Analysis, Dynamic Pricing, Management Science

Current Research Projects

E-commerce revenue management realistic and practical models for multiple products

    See more
    Funders:
    NSERC
Book Chapters

Publication
Year

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

Publication
Year

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

Publication
Year

Karakul, M., “Newsvendor Problem of a Monopolist with Clearance Markets, YA/EM Conference Proceedings, Adana, Turkey, June 2004.

2004

Public Lectures

Publication
Year

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

Publication
Year

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


Current Courses

Term Course Number Section Title Type
Fall 2020 AP/ADMS3351 3.0 I Operations Management ONLN


Upcoming Courses

Term Course Number Section Title Type
Winter 2021 AP/ADMS3351 3.0 V Operations Management ONLN
Winter 2021 AP/ADMS4360 3.0 M Materials and Inventory Management LECT


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

, Operations Management, Inventory Control, Supply Chain Management, Revenue Management, Investment Decision Analysis, Dynamic Pricing, Management Science

Current Research Projects

E-commerce revenue management realistic and practical models for multiple products

    Funders:
    NSERC

All Publications


Book Chapters

Publication
Year

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

Publication
Year

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

Publication
Year

Karakul, M., “Newsvendor Problem of a Monopolist with Clearance Markets, YA/EM Conference Proceedings, Adana, Turkey, June 2004.

2004

Public Lectures

Publication
Year

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

Publication
Year

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


Current Courses

Term Course Number Section Title Type
Fall 2020 AP/ADMS3351 3.0 I Operations Management ONLN


Upcoming Courses

Term Course Number Section Title Type
Winter 2021 AP/ADMS3351 3.0 V Operations Management ONLN
Winter 2021 AP/ADMS4360 3.0 M Materials and Inventory Management LECT