Nicholas C. Petruzzi

Color portrait of Nicholas C. Petruzzi

Professor of Supply Chain Management, Robert G. and Caroline Schwartz Professor of Business

Department Supply Chain & Information Systems
Office Address 454B Business Building
Phone Number 814-865-1866
Email Address ncp12@psu.edu

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Professor Petruzzi’s research explores the economic implications of uncertainty within the primary focus areas of operations and supply chain management, pricing, and stochastic inventory theory. His work appears in various academic field journals including Operations Research, Management Science, Manufacturing & Service Operations Management, Production and Operations Management, Naval Research Logistics, IIE Transactions, Decision Sciences, European Journal of Operations Research, and International Journal of Production Economics.

Prior to joining Penn State in 2015, he spent nineteen years as a faculty member in the Department of Business Administration at the University of Illinois at Urbana-Champaign, where he also served as Academic Director for MBA Programs from 2006 to 2014. He has developed and taught courses primarily at the MBA level in operations analysis, project management, manufacturing planning and control, and the design and management of service systems. Currently, he is serving as Associate Editor for Management Science, as Department Editor for Decision Sciences, and as a member of the Editorial Board for Production and Operations Management. Previously, he served as Associate Editor for Manufacturing & Service Operations Management.

Education

Ph D, Operations Management, Purdue University, 1995

MS, Systems Analysis and Management, George Washington University, 1991

BS, Physics, College of William and Mary, 1989

Courses Taught

SCIS 596 – Individual Studies (Variable)
Creative projects, including nonthesis research, that are supervised on an individual basis and which fall outside the scope of formal courses. A specific title may be used in each instance and will be entered on the student's transcript.

SCM 596 – Individual Studies (Variable)
Creative projects, including nonthesis research, that are supervised on an individual basis and which fall outside the scope of formal courses.

BA 810 – SC Operations Mgmt (2)
This course is designed to provide students with an overview of the role of operations in the organization, the kinds of decisions operations and supply chain managers make, and the impact of these decisions on the strategic and tactical position of the firm. Supply chain management is a particular focus in the course. The interaction of production, distribution and information resources plays a critical role in developing and sustaining a firm's competitive advantage.

SCIS 597 – Theoretical Foundations of Supply Chain Management
PhD Seminar

Selected Publications

Murali K., Lim M. K., Petruzzi N. C., "The effects of ecolabels and environmental regulation on green product development." Manufacturing & Service Operations Management, vol. 21, 2019, pp. 519-535
Xu L., Zhao H., Petruzzi N. C., "Inducing compliance with post-market studies for drugs under FDA's accelerated approval pathway." Manufacturing & Service Operations Management, 2019
Shi H., Liu Y., Petruzzi N. C., "Informative advertising in a distribution channel." European Journal of Operational Research, vol. 274, 2019, pp. 773-787
Liu Y., Shi H., Petruzzi N. C., "Optimal quality and quantity provisions in distribution channels: Market size uncertainty effects." European Journal of Operational Research, vol. 265, 2018, pp. 1144-1158
Li M., Petruzzi N. C., Zhang J., "Overconfident competing newsvendors." Management Science, vol. 63, 2017, pp. 2637-2646
Li M., Petruzzi N. C., "Technical note -- Demand uncertainty reduction in decentralized supply chains." Production and Operations Management, vol. 26, 2017, pp. 156-161
Shi T., Gu W., Chhajed D., Petruzzi N. C., "Effects of remanufacturable product design on market segmentation and the environment." Decision Sciences, 2016
Murali K., Lim M. K., Petruzzi N. C., "Municipal groundwater management: Optimal allocation and control of a renewable natural resource." Production and Operations Management, vol. 24, 2015, pp. 1453-1472
Gu W., Chhajed D., Petruzzi N. C., Yalabik B., "Quality design and environmental implications of green consumerism in remanufacturing." International Journal of Production Economics, vol. 162, 2015, pp. 55-69
Yalabik B., Chhajed D., Petruzzi N. C., "Product and sales contract design in remanufacturing." International Journal of Production Economics, vol. 154, 2014, pp. 299-312
Shi H., Liu Y., Petruzzi N. C., "Consumer heterogeneity, product quality, and distribution channels." Management Science, vol. 59, 2013, pp. 1162-1176
Petruzzi N. C., Dada M., "Newsvendor models." Encyclopedia of Operations Research and Management Science, edited by Cochran, J. J., Cox, L. A. Jr., Kes, John Wiley & Sons, Inc., 2011, pp. 3528-3537
Petruzzi N. C., Wee K. E., Dada M., "The newsvendor model with consumer search costs." Production and Operations Management, vol. 18, 2009, pp. 693-704
Wu C., Petruzzi N. C., Chhajed D., "Vertical integration with price-setting competitive newsvendors." Decision Sciences, vol. 38, 2007, pp. 581-610
Dada M., Petruzzi N. C., Schwarz L. B., "A newsvendor’s procurement problem when suppliers are unreliable." Manufacturing & Service Operations Management, vol. 9, 2007, pp. 9-32
Liu B., Petruzzi N. C., Sudharshan D., "A service effort allocation model for assessing customer lifetime value in service marketing." Journal of Services Marketing, vol. 21, 2007, pp. 24-35
Yalabik B., Petruzzi N. C., Chhajed D., "An integrated product returns model with logistics and marketing coordination." European Journal of Operational Research, vol. 161, 2005, pp. 162-182
Monahan G. E., Petruzzi N. C., Zhao W., "The dynamic pricing problem from a newsvendor’s perspective." Manufacturing & Service Operations Management, vol. 6, 2004, pp. 73-91
Petruzzi N. C., Monahan G. E., "Managing fashion goods inventories: dynamic recourse for retailers with outlet stores." IIE Transactions, vol. 35, 2003, pp. 1033-1047
Petruzzi N. C., Dada M., "Dynamic pricing and inventory control with learning." Naval Research Logistics, vol. 49, 2002, pp. 303-325
Dana, Jr. J. D., Petruzzi N. C., "Note: The newsvendor model with endogenous demand." Management Science, vol. 47, 2001, pp. 1488-1497
Petruzzi N. C., Dada M., "Information and inventory recourse for a two-market, price-setting retailer." Manufacturing & Service Operations Management, vol. 3, 2001, pp. 242-263
Petruzzi N. C., Dada M., "Pricing and the newsvendor problem: A review with extensions." Operations Research, vol. 47, 1999, pp. 183-194

Editorships

Production and Operations Management, Editorial Board, January 2015 - Present
Management Science, Associate Editor, January 2009 - Present
Decision Sciences, Associate Editor, January 2007 - Present
Manufacturing & Service Operations Management, Associate Editor, January 2007 - January 2014