Today was another big occasion to celebrate and the photos above depict this special day.
My doctoral student, Min Yu, successfully defended her dissertation, ANALYSIS, DESIGN, AND MANAGEMENT OF SUPPLY CHAIN NETWORKS WITH APPLICATIONS TO TIME-SENSITIVE PRODUCTS, at the Isenberg School of Management at UMass Amherst.
She is the 16th doctoral student, whose dissertation I have chaired. Min had a fabulous dissertation committee consisting of Professors June Dong, Mila Getmansky Sherman, and Christian Rojas, from whom she learned so much. her concentration was in Management Science with a minor in Resource Economics. Her PhD is in Business Administration.
The abstract of Min's dissertation is below.
With supply chains spanning the globe, and with increasing time-sensitivity for various products in many markets, timely deliveries are becoming a strategy, as important as productivity, quality, and even innovation (see, e.g., Gunasekaran, Patel, and McGaughey (2004), Christopher (2005), and Nagurney (2006)).
A product is considered to be time-sensitive, if there is a strict time requirement regarding that product, either as a characteristic of the product itself or on the demand side. In particular, a time-sensitive product must have at least one of the following two properties::
- the product loses its value rapidly, due to either obsolescence or perishability, which
can lead to extra waste and cost, if unused;
- the demand for it is sensitive to the elapsed time for the order fulfillment; the failure to satisfy the demand on-time may result in the loss of potential market share, or, even worse, additional injuries or death as in times of crises.
This dissertation consists of advances in the modeling, analysis, and design of supply chain networks for time-sensitive products, all uni ed through the methodology of variational inequality theory (see Nagurney (1999)), coupled with network theory and multicriteria decision-making. The framework captures the underlying behavior associated with the operation and management of the associated supply chains, whether that of central optimization or competition, allows for the graphical depiction of the supply chain network
structures, and efficient and effective solution.
I am very much looking forward to the Graduation Ceremonies at UMass Amherst on May 11, 2012!