For further bibliographic information, please see Google Scholar.

Student authors are underlined.

Working Papers

  1. Optimal Two-Mode Switching with Setup Costs for a Controlled Ornstein–Uhlenbeck Process

    H. Xia and D. Yao.

    Working paper, 2026.

  2. Platform Commission Design with Retailer-Controlled Dynamic Inventory Sharing and Replenishment

    L. Xiao, F. Xu, and D. Yao.

    Working paper, 2026.

  3. Data-Driven Brownian Reflection Control

    G. Pang, D. Yao, and H. Yin.

    Working paper, 2026.

Publications

Published and accepted papers are listed below in reverse chronological order.

  1. A Non-Convex Optimization Approach of Searching Algebraic Degree Phase-Type Representations for General Phase-Type Distributions

    Y. Liu, D. Yao, and H. Zhang.

    Advances in Applied Probability, 57(3), 1101–1137, 2025.

  2. Optimal Drift Rate Control and Two-Sided Impulse Control for a Brownian System with the Long-Run Average Criterion

    P. Cao, X. Wang, and D. Yao.

    Advances in Applied Probability, 57(1), 271–304, 2025.

  3. Optimal Policy for Two-Stage Brownian Inventory Systems under the Long-Run Average Cost Criterion

    F. Xu, D. Yao, and H. Zhang.

    Numerical Algebra, Control and Optimization, 15(1), 130–154, 2025.

    Special issue dedicated to Prof. George Yin on the occasion of his 70th birthday.

  4. On Substochastic Inverse Eigenvalue Problems with the Corresponding Eigenvector Constraints

    Y. Liu, D. Yao, and H. Zhang.

    SIAM Journal on Matrix Analysis and Applications, 45(3), 1689–1719, 2024.

  5. Activate or Sleep? An Optimal Two-Threshold Policy for Transmission Service

    J. Fan, J. Yang, and D. Yao.

    Computer Communications, 217, 152–165, 2024.

  6. Dynamic Pricing and Production Control in a Two-Item Make-to-Stock System with Flexible Dual Sourcing and Lost Sales

    R. Li, L. Xiao, and D. Yao.

    Production and Operations Management, 32(10), 3119–3137, 2023.

  7. Minimal Positive Realizations for Linear Systems with Two-Different-Pole Transfer Functions

    Y. Liu, D. Yao, and H. Zhang.

    European Journal of Control, 69, 100720, 2023.

  8. Stationary Distributions and Ergodicity of Reflection-Type Markov Chains

    Y. Liu, M. Niu, D. Yao, and H. Zhang.

    Statistics and Probability Letters, 189, 109597, 2022.

  9. Optimal Pricing and Inventory Control Strategies for a Continuous-Review System with Product Return

    P. Cao and D. Yao.

    Operations Research Letters, 50(3), 295–302, 2022.

  10. Research Status and Challenges of Inventory Control Problems with Nonlinear Ordering Cost

    D. Yao.

    Operations Research Transactions, 25(3), 105–118, 2021.

    In Chinese.

  11. Ergodic Inventory Control with Diffusion Demand and General Ordering Costs

    B. Wei and D. Yao.

    Operations Research Letters, 49(4), 578–585, 2021.

  12. Impulse Control with Discontinuous Setup Costs: Discounted Cost Criterion

    F. Xu, D. Yao, and H. Zhang.

    SIAM Journal on Control and Optimization, 59(1), 267–295, 2021.

  13. Technical Note—Constant-Order Policies for Lost-Sales Inventory Models with Random Supply Functions: Asymptotics and Heuristic

    J. Bu, X. Gong, and D. Yao.

    Operations Research, 68(4), 1063–1073, 2020.

  14. Dual Sourcing Policy for a Continuous-Review Stochastic Inventory System

    P. Cao and D. Yao.

    IEEE Transactions on Automatic Control, 64(7), 2921–2928, 2019.

  15. Optimal Drift Rate Control and Impulse Control for a Stochastic Inventory/Production System

    P. Cao and D. Yao.

    SIAM Journal on Control and Optimization, 56(3), 1856–1883, 2018.

  16. Joint Pricing and Inventory Control for a Stochastic Inventory System with Brownian Motion Demand

    D. Yao.

    IISE Transactions, 49(12), 1101–1111, 2017.

  17. Optimal Policies for Brownian Inventory Systems with a Piecewise Linear Ordering Cost

    D. Yao, X. Chao, and J. Wu.

    IEEE Transactions on Automatic Control, 62(7), 3235–3248, 2017.

  18. Optimal Ordering Policy for Inventory Systems with Quantity-Dependent Setup Costs

    S. He, D. Yao, and H. Zhang.

    Mathematics of Operations Research, 42(4), 979–1006, 2017.

  19. Optimal Ordering Policy for Brownian Inventory System with Concave Order Costs

    D. Yao, X. Chao, and J. Wu.

    Journal of Applied Probability, 52(4), 909–925, 2015.

  20. Brownian Inventory Models with Convex Holding Cost, Part 2: Discount-Optimal Controls

    J. G. Dai and D. Yao.

    Stochastic Systems, 3(2), 500–573, 2013.

  21. Brownian Inventory Models with Convex Holding Cost, Part 1: Average-Optimal Controls

    J. G. Dai and D. Yao.

    Stochastic Systems, 3(2), 442–499, 2013.

  22. Optimal Policy for Brownian Inventory Models with General Convex Inventory Cost

    D. Yao.

    Acta Mathematicae Applicatae Sinica (English Series), 29(1), 187–200, 2013.