George Monahan

Professor Emeritus of Business Administration

Contact

350 Wohlers Hall

1206 S Sixth St

Champaign, IL 61820

217-333-8270

gmonahan@illinois.edu

Website

Listings

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

Articles

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 Chapters

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.

Books and Monographs

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

Conference Proceedings

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.

Presentations

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 Papers

Monahan, G. Market Preference and Process Selection: The Value of Perfect Flexibility.
Monahan, G. Cooperative Advertising Models of Trade Promotion in Channels of Distribution.
Monahan, G. Equilibrium Structure of Distribution Channels: Exclusive or Common Retailers.
Monahan, G. A Market Share Model of Technological Leapfrogging.
Monahan, G. Developing a Strategic Plan for Converting to Flexible Automation.
Monahan, G. 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