George Monahan

George Monahan

Professor Emeritus of Business Administration

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Contact

350 Wohlers Hall

1206 S. Sixth

Champaign, IL 61820

217-333-8270

gmonahan@illinois.edu

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Educational Background

  • Ph.D., Managerial Economics & Decision Sciences, Northwestern University, 1977
  • M.S., Management, Northwestern University, 1975
  • B.B.A., Quantitative Methods, University of Wisconsin at Milwaukee, 1972

Positions Held

  • Professor Emeritus of Business Administration, University of Illinois, 2008 to present
  • Co-Director, Technology and Management Program, University of Illinois, 1999-2008
  • Professor of Business Administration, University of Illinois, 1997-2008
  • Associate Professor, University of Illinois, 1986-1997
  • Associate Professor, Washington University, 1982-1986
  • Assistant Professor, Georgia Institute of Technology, 1978-1982
  • Instructor, Georgia Institute of Technology, 1976-1978
  • Lecturer, Northwestern University, 1975-1976
  • , U.S. Marine Corps, 1967

Recent Publications

  • Monahan, G. (2005). Managing Inventories in a Two-Eschelon Dual-Channel Supply Chain. European Journal of Operational Research, 162 325-341.
  • Monahan, G., Petruzzi, N., & Zhao, W. (2004). The Dynamic Pricing Problem From a Newsvendor's Perspective. Manufacturing & Service Operations Management, 6 (1), 73-91.
  • Petruzzi, N., & Monahan, G. (2003). Managing Fashion Goods Inventories: Dynamic Recourse for Retailers with Outlet Stores. IIE Transactions, 35 (11), 1033-1047.

Other Publications

Article

  • Monahan, G., & Smunt, T. (1999). Manufacturing Processes with Nearly Sequential Routings: A Comparative Analysis. Journal of Operations Management, 17 449-466.
  • Monahan, G., & Sobel, M. (1997). Risk-Sensitive Dynamic Market Share Attraction Games. Games and Economics Behavior, 20 149-160.
  • Monahan, G., & Vemuri, V. (1996). Monotone Second-Best Optimal Contracts. European Journal of Operational Research, 90 (3), 625-637.
  • Monahan, G. (1996). Finding Saddle Points on Polyhedra: Solving Certain Continuous Minimax Problems. Naval Research Logistics, 43 821-837.
  • Monahan, G., & Gietzmann, M. (1996). Absorption versus Direct Costing: The Relevance of Opportunity Costs in the Management of Congested Production Systems. Management Accounting, 7 409-429.
  • Blair, C., & Monahan, G. (1995). Optimal Sequential File Search: A Reduced-State Dynamic Programming Approach. European Journal of Operational Research, 86 (2), 358-365.
  • Monahan, G. (1994). Optimal Sequential File Search. European Journal of Operational Research, 77 (2), 224-240.
  • Monahan, G., & Sobel, M. (1994). Stochastic Dynamic Market Share Attraction Games. Games and Economics Behavior, 6 (1), 130-149.
  • Monahan, G., & Smunt, T. (1989). Optimal Acquisitionof Automated Flexible Manufacturing Processes. Operations Research, 37 (2), 288-300.
  • Monahan, G., & Smunt, T. (1987). A Multi-Level Decision Support system for the Financial Justification of Automated Flexible Manufacturing Systems. Interfaces, 17 (6), 29-40.
  • Monahan, G. (1987). The Structure of Equilibria in Market Share Attraction Models. Management Science, 33 (2), 228-243.
  • Monahan, G. (1986). Optimal Selection with Alternative Information. Naval Research Logistics Quarterly, 33 (2), 293-307.
  • Monahan, G. (1984). A Pure Birth Model of Optimal Advertising with Word-of-Mouth. Marketing Science, 3 (2), 169-178.
  • Monahan, G. (1983). Optimal Advertising with Stochastic Demand. Management Science, 29 (1), 106-117.
  • Monahan, G. (1982). Optimal Stopping in a Partially Observable Binary-Valued Markov Chain with Costly Perfect Information. Journal of Applied Probability, 19 (1), 72-81.
  • Monahan, G. (1982). A Survey of Partially Observable Markov Decision Processes: Theory, Models, and Algorithms. Management Science, 28 (1), 1-16.
  • Monahan, G. (1980). Optimal Stopping in a Paritally Observable Markov Process with Costly Information. Operations Research, 28 (6), 1319-1334.

Book or Monograph

  • Monahan, G. (2000). Management Decision Making: Spreadsheet Modeling, Analysis, and Applications. ( pp. 720). Cambridge, England: Cambridge University Press.

Chapter in a Book

  • Monahan, G., & Nti, K., T. Devinney (Ed.) (1988). Optimal Advertising and Pricing for Products with Repeat Purchases. Issues in Pricing: Theory and Research ( pp. 145-170). Lexington, MA: Lexington Books.

Conference Proceeding

  • Monahan, G., & Petruzzi, N. (2000). Managing Fashion Goods Inventories with Primary and Secondary Markets. MSOM Conference.
  • Monahan, G., & Sobel, M. (1996). Risk-Sensitive Dynamic Market Share Attraction Games: An Extended Abstract. ( vol. 144, pp. 37-44). Dynamic Competitive Analysis in Marketing, Berlin-Heidelberg: Springer-Verlag.
  • Monahan, G. (1985). The Flexible Manufacturing System Investment Decision. Annual Meeting of the American Institute for Decision Sciences.
  • Monahan, G. (1985). Teaching Introductory Management Science with the Aid of Microcomputers. International Business School Users Group Conference: Georgia Institute of Technology.

Presentation

  • Monahan, G., & Lucas, M. (2002). Impact of Learning and Manufacturing Flexibility on Product Design Strategies. Decision Science Institute Annual Meeting.
  • Monahan, G., & Chen, C. (2000). Process Management with Uncertain Environmental Limits. INFORMS Conference.
  • Monahan, G., & Chen, C. (1999). Pollution Prevention or Control? A Model of Green Technology Acquisition. INFORMS Conference.
  • Monahan, G. (1998). Implicit Cooperation in a Market Share Attraction Games. INFORMS Conference.
  • Monahan, G. (1997). Market Share Attraction Games. Babcock Graduate School of Business, Wake Forest University.
  • Monahan, G., & Lucas, M. (1995). Flexibility and Product Line Management. INFORMS National Meetings.
  • Monahan, G., & Lucas, M. (1994). Product Line Mangement and the Strategic Design of Manufacturing Processes: A Survey. National ORSA/TIMS Conference.
  • Monahan, G. (1993). Absorption versus Direct Costing: The Relevance of Opportunity Costs in the Management of Stochastic Production Systems. University of Illinois.
  • Monahan, G., & Gietzmann, M. (1993). Optimal Product Acceptance and Cost Allocation in Congested Production Systems. National ORSA/TIMS Conference.
  • Monahan, G., & Smunt, T. (1992). Interactive Analysis of Simulataneous Product-Mix and Process Design Choices. EURO/TIMS Joint International Conference.
  • Monahan, G., & Choi, J. (1991). Multiple Source Purchasing in Periodic Review Inventory Systems. National ORSA/TIMS Conference.
  • Monahan, G., & Smunt, T. (1991). Profit Maximization Through Process Design Evaluation. National ORSA/TIMS Conference.
  • Monahan, G. (1989). Optimal Sequential File Search. University of Illinois.
  • Monahan, G. (1989). Sequential Decision Processes: some Difficult Problems, Some Easy Solutions. Artificial Intelligence Seminar.
  • Cohen, S., Leatherwood, M., & Monahan, G. (1988). A Theory of Reputation and Contracting. TIMS/ORSA.
  • Monahan, G., & Smunt, T. (1988). Estimating the Value of Flexibility in Batch Production: A Simulation Experiment. National ORSA/TIMS Conference.
  • Monahan, G., Cohen, S., & Leatherwood, M. (1988). A Theory of Reputation and Contracting. National ORSA/TIMS Conference.
  • Monahan, G. (1988). Optimal Acquisition of Flexible Manufacturing Systems. University of Illinois.
  • Monahan, G. (1987). Monotonicity of Second-Best Optimal Contracts. University of Illinois.
  • Monahan, G. (1986). Myopic Equilibrium Points of Dynamic Market Share Attraction Games. University of Illinois.
  • Monahan, G., & Sobel, M. (1986). Dyanmic Market Share Attraction Games. National ORSA/TIMS Conference.
  • Monahan, G., & Smunt, T. (1985). A Markov Decision Process Model fo the Flexible Manufacuring Investment Decision. National ORSA/TIMS Conference.
  • Monahan, G., & Smunt, T. (1985). The Flexible Manufacturing Investment Decision. National Decision Science Conference.
  • Monahan, G. (1985). Dynamic Models of Quality/Reputation and Advertising/Goodwill. ORSA/TIMS Marketing Science Conference.
  • Monahan, G. (1985). Mathematical Programming -- Stochastic Optimization. National ORSA/TIMS Conference.
  • Monahan, G., & Smunt, T. (1984). The Flexible Manufacturing System (FMS) Investment Decision. National ORSA/TIMS Conference.
  • Monahan, G. (1984). A Stochastic Model of Optimal Product Quality and Production with Seller Reputation. International ORSA/TIMS Conference.
  • Monahan, G. (1984). Optimal Advertising and Pricing with Stochastic New Product Demand. ORSA/TIMS Marketing Science Conference.
  • Monahan, G. (1983). Optimal Advertising with Word-of-Mouth: A Simple Pure Birth Model. National ORSA/TIMS Conference.
  • Monahan, G. (1981). A Survey of Partially Observable Markov Decision Processes: Theory, Models, and Algorithms. National ORSA/TIMS Conference.
  • Monahan, G. (1980). Optimal New Product Advertising. National ORSA/TIMS Conference.
  • Monahan, G. (1979). Optimal Stopping in a Partially Observable Binary-Valued Markov Chain with Costly Perfect Information. National ORSA/TIMS Conference.
  • Monahan, G. (1978). Optimal Stopping in a Partially Observable Markov Process with Costly Information. National ORSA/TIMS Conference.

Working Paper

  • Monahan, G. (1999). Market Preference and Process Selection: The Value of Perfect Flexibility.
  • Monahan, G. (1998). Cooperative Advertising Models of Trade Promotion in Channels of Distribution.
  • Monahan, G. (1996). Equilibrium Structure of Distribution Channels: Exclusive or Common Retailers?
  • Monahan, G. (1994). A Market Share Model of Technological Leapfrogging.
  • Monahan, G. (1994). Developing a Strategic Plan for Converting to Flexible Automation.
  • Monahan, G. (1994). Implicit Cooperation in Market Share Advertising Games.

Teaching Interests

Spreadsheet models for management decision making, Management, Science/operations research, Stochastic models in management, Production and operations management

Contact

350 Wohlers Hall

1206 S. Sixth

Champaign, IL 61820

217-333-8270

gmonahan@illinois.edu

Homepage