Lihui Bai, Ph.D.

Assistant Professor of Information and Decision Sciences
College of Business Administration
Valparaiso University

Office: 225 Urschel Hall
Email: Lihui.Bai@valpo.edu
Contact: Tel. (219)464-5188 Fax. (219)464-5789

Cirriculum Vitae


Bio Sketch

Professor Bai is a native of China. She joined the faculty of College of Business Administration at Valpo in 2004, shortly after receiving her Ph.D. from the University of Florida. Prior to her stuy in the U.S., Dr. Bai earned her M.S. from the Chinese Academy of Sciences and B.S. from Inner Mongolia University, China. Dr. Bai teaches courses such as Business Staticis, Management Science and Business Spreadsheet Applications for undergraduate and Managerial Statistics for graduate students.

Professor Bai is a member of INFORMS and DSI, and is a proud member of the Gator Nation.


Degrees
Ph.D. University of Florida, Industrial and Systems Engineering, 2004
M.S. Chinese Academy of Sciences, Computational Mathematics (in concentration of Numerical Optimization), 1999
B.S. Inner Mongolia University, China, Computational Mathematics, 1994

Teaching Interests
Business Statistics, Management Science, Business Spreadsheet Applications, Business Programming, Seminars in Applied Statistics, Managerial Statistics, Operations Management

Research Interests
Computational Optimization, Congestion Pricing, Transportation Science, Modeling in Supply Chain Managment

Journal Publications
1. "Decomposition Techniques for the Minimum Toll Revenue Problem," Networks, 44(2), pp. 142-150, 2004, with D.W. Hearn and S. Lawphongpanich.
2. "Toll Set Relaxation for Large-scale Toll Pricing Problem," in Mathematical and Computational Models for Congestion Charging, D. Hearn, S. Lawphongpanich, and M. Smith (Eds), Springer, New York, pp. 23-44, 2006, with D.W. Hearn and S. Lawphongpanich.
3. "Combinatorial Benders Cuts for the Minimum Toll Booth Problem," Operations Research, Forthcoming, with P.A. Rubin.
4. "Tradeable Pollution Permits: A Quantitative Perspective," International Journal of Operations and Quantitative Management, Forthcoming.
5. "Modeling Inventory Inaccuracy and Demand Deviation to Assess the Value of RFID," International Journal of Operations and Quantitative Management, Forthcoming, with J. Szmerekovsky and J. Zhang
6. "Service Level of General Periodic Review Two-stage Inventory Systems," International Journal of Operational Research, Forthcoming, with J. Zhang and Y. He.
7. "The Case of Simulating the Choices of Money Mangers By Applying Modern Portfolio Theory Using Real Stock Price Data," Journal of Economics and Economic Education Research, 9(3), pp. 67 -90, 2008, with B. Dow and P. Newsom.
8. "Optimizing the Advertising Budget for a Regional Business: the Case of Cycle World," Journal of the International Academy of Case Studies, Forthcoming, with P. Newsom.
9. "An Evolutionary Method for the Minimum Toll Booth Problem: the Methodology," Academy of Information and Management Sciences Journal, 11(2), pp. 33-51, 2008, with M.T. Stamps, R. Harwood and C. Kollmann.


Working Papers
1. "A Heuristic Method for the Minimum Toll Booth Problem," under review, with D.W. Hearn and S. Lawphongpanich.
2. "Hierarchical Composition Heuristic for Sequence Dependent Scheduling Problems," to be submitted to Operations Management Research, with C. Ozgur and K. Dunning.


Professional Affiliations/Activities
member, Decision Sciences Institute
member, Insititute for Operations and Management Science
Reviewer, Journal of Computational Optimization and its Applications, Journal of Global Optimization,Decision Sciences Journal of Innovative Education
session chair, INFORMS Annual Meetings
session chair, DSI Annual Meetings
session chair, Production and Operations Managment (POM) Annual Meeting


Honors and Awards
Distinguished Research Award, Allied Academies, July, 2008
Alpha Iota Delta -- National Honorary in Decision Sciences

This page last updated September 30, 2008.

I welcome your comments on my teaching, research as well as this webpage. Please direct your comments and suggestions to my email at Lihui.Bai@valpo.edu.

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