Browsing by Author "Sutcu, Muhammed"

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Disutility Entropy in Multi-attribute Utility Analysis

Sutcu, Muhammed (PERGAMON-ELSEVIER SCIENCE LTD, 2022)

In this paper, we present an alternative formulation of utility entropy called disutility entropy. Previous entropy measurements in the literature use utility density function in maximum entropy formulations. Also, in ...
Effects of total cost of ownership on automobile purchasing decisions

Sutcu, Muhammed (TAYLOR & FRANCIS LTD, 2-4 PARK SQUARE, MILTON PARK, ABINGDON OR14 4RN, OXON, ENGLAND, 2020)

In this paper, we reveal a complete picture of ownership-related expenses and construct a decision model which helps decision maker to make the best choice when purchasing an automobile. The decision model helps the customers ...
A variant SDDP approach for periodic-review approximately optimal pricing of a slow-moving a item in a duopoly under price protection with end-of-life return and retail fixed markdown policy

Yildiz, Baris; Sutcu, Muhammed (Elsevier, 2023)

In this paper, we examine a selling environment where a manufacturer-controlled retailer and an independent retailer sell a slow-moving A item. The manufacturer offers the independent retailer a price protection ...