Skip to Content
Purdue University is taking steps to ensure the health and safety of our community. For the latest information and guidance on Purdue’s response to COVID-19 please visit:
Zhan Pang

Zhan Pang

Associate Professor of Management
Supply Chain and Operations Management

Dr. Pang is Lewis B. Cullman Rising Star Associate Professor of Management at Krannert School of Management, faculty affiliate of Regenstrief Center for Healthcare Engineering (RCHE), where he founded Smart Health Lab, and faculty affliate of  Integrative Data Science Initiative.  

His research interests include statistical learning and decision analytics, healthcare delivery systems, supply chain risk management, and pricing and revenue management. He is a senior editor for Production and Operations Management and an editor of Journal of Blockchain Research. He has rich industry experience as entrepreneur and management consultant, and is serving the board of directors for an energy technology company.   

Journal Articles

  • Jiang H, Pang Z, Savin S (2020). Performance incentives and competition in healthcare markets. Production and Operations Management, vol. 29 (5), 1145-1164. | Related Website |
  • Chen X, Gao XY, Pang Z (2018). Preservation of structural properties in optimization with decisions truncated by random variables and its applications. Operations Research, vol. 66 (2), 340-357. | Related Website |
  • Kouvelis P, Pang Z, Ding Q (2018). Integrated commodity inventory management and financial hedging: A dynamic mean-variance analysis. Production and Operations Management, vol. 27 (6), 1052-1073. | Related Website |
  • Del Granado PC, Pang Z, Wallace S (2017). Synergy of smart grids and hybrid distributed generation on the value of energy storage. Applied Energy, vol. 170 476-488. | Related Website |
  • Jin Y, Pang Z (2017). Smart data pricing: The value of shared data plans. Service Science, vol. 8 (4), 386-405. | Related Website |
  • Li D, Pang Z (2017). Dynamic booking control for car rental revenue management: A decomposition approach. European Journal of Operational Research, vol. 256 (3), 850-867. | Related Website |
  • Zhao X, Pang Z, Stecke KE (2016). When does a retailer's advance selling capability benefit manufacturer, retailer, or both?. Production and Operations Management, vol. 25 (6), 1073-1087. | Related Website |
  • Del Granado PC, Pang Z, Wallace S (2016). The impact of wind uncertainty on the strategic valuation of distributed electricity storage. Computational Management Science, vol. 13 (1), 5-27. | Related Website |
  • Pang Z, Berman O, Hu M (2015). Up then down: Bid-price trends in revenue management. Production and Operations Management, vol. 24 (7), 1135-1147. | Related Website |
  • Pang Z (2015). Optimal control of a single-product assemble-to-order system with multiple demand classes and backordering. IEEE Transactions on Automatic Control, vol. 60 (2), 480-484. | Related Website |
  • Del Granado PC, Wallace S, Pang Z (2014). The value of electricity storage in domestic homes: A smart grid perspective. Energy Systems, vol. 5 (2), 211-232. | Related Website |
  • Pang Z, Shen HC, Cheng TCE (2014). Inventory rationing in a make-to-stock system with batch production and lost sales. Production and Operations Management, vol. 23 (7), 1243-1257. | Related Website |
  • Chen X, Pang Z, Pan LM (2014). Coordinating inventory control and pricing strategies for perishable products. Operations Research, vol. 62 (2), 284-300. | Related Website |
  • Pang Z, Chen FY (2014). Coordinated pricing and inventory control with batch production and erlang leadtimes. Probability in the Engineering and Informational Sciences, vol. 28 (4), 529-563. | Related Website |
  • Pang Z, Chen FY, Feng YY (2012). On the structure of joint inventory-pricing control with leadtimes. Operations Research, vol. 60 (3), 581-587. | Related Website |
  • Jiang H, Pang Z, Savin S (2012). Performance-based contracts for outpatient medical services. Manufacturing and Service Operations Management, vol. 14 (4), 654-669. | Related Website |
  • Pang Z (2011). Optimal dynamic pricing and inventory control with stock deterioration and partial backordering. Operations Research Letters, vol. 39 (5), 375-379. | Related Website |
  • Rao L, Liu X, Xie L, Pang Z (2011). Hedging against uncertainty: A tale of Internet data center operations under smart grid environment. IEEE Transactions on Smart Grid, vol. 2 (3), 555-563. | Related Website |
  • Shen HC, Pang Z, Cheng TCE (2011). The component procurement problem for the loss-averse manufacturer with spot purchase. International Journal of Production Economics, vol. 132 (1), 146-153. | Related Website |
  • Jiang H, Pang Z (2011). Network capacity management under competition. Computational Optimization and Applications, vol. 50 (2), 287-326. | Related Website |
  • Chen LX, Chen FY, Pang Z (2011). Dynamic pricing and inventory control in a make-to-stock queue with information on the production status. IEEE Transactions on Automation Science and Engineering, vol. 8 (2), 361-373. | Related Website |
  • Feng YY, Pang Z (2010). Dynamic coordination of production planning and sales admission control in the presence of a spot market. Naval Research Logistics, vol. 57 (4), 309-329. | Related Website |
  • Feng YY, Ou JH, Pang Z (2008). Optimal control of price and production in an assemble-to-order system. Operations Research Letters, vol. 36 (4), 506-512. | Related Website |

Forthcoming Publications

  • Liu J, Pang Z, Qi LQ (2020). Dynamic pricing and inventory management with demand learning: A Bayesian Approach. Computers & Operations Research, | Related Website |
  • Pang Z, Zhao XY, Xiao WQ (2019). Preorder price guarantee in e-commerce. Manufacturing and Service Operations Management, | Related Website |

Working Papers

  • Pang Z, Xiao YX (2020). Dynamic inventory management under taxation.
  • Qi LQ, Pang Z, Savin S (2020). Managing quality of care and performance incentives under competition and imperfect quality information.
  • Jiang H, Pang Z, Savin S (2020). How should payers respond to consolidation in healthcare markets?.
  • with SM Wang (2020). Data-driven appointment scheduling: A Wasserstein distributionally robust optimization approach.
  • Qian, L, Pang, Z, Soopramanien, DG (2020). Consumer preference for car sharing: A discrete choice experiment of urban mobility in Beijing.
  • Yang QL, Huang J, Pang Z (2018). Cumulative prospect theory and risk preference elicitation: a stochastic dominance approach.
  • Li D, Pang Z, Qian LX Bid-price control for car rental revenue management: A Lagrangian relaxation approach.

Phone: 44489
Office: KRAN 505