Dr. Chun
1. Research Activities

Young H. Chun, Ph.D.

 

 

As a graduate student at LSU in 1987, I focused my Master's thesis on the development of a probabilistic model for the free-replacement warranty policy. In this groundbreaking work, I introduced the concept of a "two-attribute" warranty policy and applied this model for the first time to the 5-year, 50,000 mile protection plan in the US automobile industry.

Dr. Chun

During my Ph.D. studies at Purdue University, my dissertation focused on sequential decision-making under conditions of uncertainty. The optimal decision strategy developed in my research can be applied to a wide range of scenarios, including job searching, candidate hiring, stock trading, and selling assets in open markets. (I take great pride in my accomplishment of completing the Ph.D. program and earning my doctoral degree in less than three years, from the beginning to the end.)

My research interest lies in the field of probabilistic modeling of managerial decision problems. Over the course of my career, I have published numerous papers on a wide range of topics, including product warranty analysis, sequential decision models, statistical quality control, product reliability, repetitive inspection plans, project management, and customer response modeling.

I am increasingly fascinated by advanced estimation methods and their applications, including empirical Bayesian method, Gibbs sampling, Markov chain Monte Carlo (MCMC) methods, expectation-maximization (EM) algorithm, kernel density estimation (KDE), and artificial neural network (ANN). Last summer, I dedicated my time to learning the Python programming language. It just goes to show that you can indeed teach an old dog new tricks!



  A. Journal Articles

* Note: The list provided includes only the single-authored or lead-authored papers that have been published in academically refereed research journals. Papers co-authored with Ph.D. students are not included in the list.

▪ Young H. Chun and Edward F. Watson (forthcoming). Markov chain Monte Carlo approach to the analysis of response patterns in data collection process. INFOR: Information Systems and Operational Research.

▪ Young H. Chun (2023). Economic design of multiple inspection plans via the expectation-maximization algorithm. Journal of Operational Research Society. Vol. 74 (3), pp. 762~776.

▪ Young H. Chun & Seong-Jong Joo (2021). Repetitive inspection scheme based on the run length of test results: A Markov chain Monte Carlo approach. Quality Engineering. Vol. 33 (1), pp. 113~127.

▪ Young H. Chun (2020). Information economics approach to the performance evaluation of error-prone internal auditors. Journal of Operational Research Society. Vol. 71 (2), pp. 264~279. (Runner-up for the 2021 Goodeve Medal.)

▪ Young H. Chun (2019). Imperfect inspection with directional information: A general failure rate model. Journal of Quality Technology. Vol. 51 (3), pp. 300~313.

▪ Young H. Chun (2019). Generalized run tests for statistical process control. Journal of Applied Statistics. Vol. 46 (12), pp. 2164~2179.

▪ Young H. Chun (2016). Designing repetitive screening procedures with imperfect inspections: An empirical Bayes approach. European Journal of Operational Research. Vol. 253 (3), pp. 639~647.

▪ Young H. Chun (2016). Improved method of estimating the product quality after multiple inspections. International Journal of Production Research. Vol. 54 (19), pp. 5686~5696.

▪ Young H. Chun (2015). Multi-attribute sequential decision problem with optimizing and satisficing attributes. European Journal of Operational Research. Vol. 243, pp. 224~232.

▪ Young H. Chun (2012). Monte Carlo analysis of estimation methods for the prediction of customer response patterns in direct marketing. European Journal of Operational Research. Vol. 217, pp. 673~678.

▪ Young H. Chun (2010). Bayesian inspection model for the production process subject to a random failure. IIE Transactions. Vol. 42, pp. 304~316.

▪ Young H. Chun (2009). Improving product quality by multiple inspections: Prior and posterior planning of serial inspection procedures. IIE Transactions. Vol. 41, pp. 831~842.

▪ Young H. Chun (2008). Economic optimization of off-line inspection procedures with inspection errors. Journal of Operational Research Society. Vol. 59, pp. 863~870.

▪ Young H. Chun (2008). Bayesian analysis of the sequential inspection plan via the Gibbs sampler. Operations Research. Vol. 56, No. 1, pp. 235~246.

▪ Young H. Chun and R. T. Sumichrast (2007). Bayesian inspection model with the negative binomial prior in the presence of inspection errors. European Journal of Operational Research. Vol. 182, pp. 1188~1202.

▪ Young H. Chun (2006). Estimating the number of undetected software errors via the correlated capture-recapture model. European Journal of Operational Research. Vol. 175, pp. 1180~1192.

▪ Young H. Chun and R. T. Sumichrast (2006). A rank-based approach to the sequential selection and assignment problem. European Journal of Operational Research. Vol. 174, pp. 1338~1344.

Dr. Chun #1

▪ Young H. Chun (2005). Serial inspection plan in the presence of inspection errors: Maximum likelihood and maximum entropy approaches. Quality Engineering. Vol. 17, pp. 627~632.

▪ Young H. Chun and R. T. Sumichrast (2005). Estimating the market shares of stores based on the shopper’s search and purchase behavior. European Journal of Operational Research. Vol. 166, pp. 576~592.

▪ Young H. Chun (2004). Generalized best choice problem based on the information economics approach. Journal of Operational Research Society. Vol. 55, pp. 988~999.

▪ Young H. Chun (2003). Optimal pricing and ordering policies for perishable commodities. European Journal of Operational Research. Vol. 144, pp. 68~82.

▪ Young H. Chun, R. Plante, and H. Schneider (2002). Buying and selling an asset over the finite time horizon: A non-parametric approach. European Journal of Operational Research. Vol. 136, pp. 106~120.

▪ Young H. Chun (2001). Optimal partitioning of groups in selecting the best Choice. Computers and Operations Research. Vol. 28, pp. 1367~1386.

▪ Young H. Chun (2000). Sequential search and selection problem under uncertainty. Decision Sciences. Vol. 31, pp. 627~648.

▪ Young H. Chun (2000). Optimal trading of an asset in the open market: A dynamic programming approach. INFOR: Information Systems and Operational Research. Vol. 38, pp. 319~335.

▪ Young H. Chun (2000). A Nonparametric control chart for a symmetric process: A Markovian approach. Quality Engineering. Vol. 12, pp. 447~461.

▪ Young H. Chun (1999). Selecting the best choice in the full information group interview problem. European Journal of Operational Research. Vol. 119, pp. 635~651.

▪ Young H. Chun (1999). On the information economics approach to the generalized game show problem. The American Statistician. Vol. 53, pp. 43~51.

▪ Young H. Chun and K. Tang (1999). Cost analysis of two-attribute warranty policies based on the product usage rate. IEEE Transactions on Engineering Management. Vol. 46, pp. 201~209.

▪ Young H. Chun and D. Rinks (1998). Three types of the producer's and consumer's risks in the single sampling plan. Journal of Quality Technology. Vol. 30, pp.254~268.

▪ Young H. Chun, H. Moskowitz, and R. Plante (1997). Single threshold selection strategy in the group interview problem. INFOR: Information Systems and Operational Research. Vol 35, pp.157~169.

▪ Young H. Chun (1996). On the rank-based selection strategy for the group interview problem. Decision Sciences. Vol. 27, pp. 801~816.

▪ Young H. Chun (1996). Rank-based selection strategies for the random walk process. European Journal of Operational Research. Vol. 96, pp. 417~427.

▪ Young H. Chun (1996). Selecting the best choice in the weighted secretary problem. European Journal of Operational Research. Vol. 92, pp. 135~147.

▪ Young H. Chun, H. Moskowitz, and R. Plante (1995). Sequencing a set of alternatives under time constraints. Journal of the Operational Research Society. Vol. 46, pp. 1133~1144.

▪ Young H. Chun and K. Tang (1995). Determining the optimal warranty price based on the producer's and customers' risk preferences. European Journal of Operational Research. Vol. 85, pp. 97~110.

▪ Young H. Chun, H. Moskowitz, and R. Plante (1994). Dynamic programming formulation of the group interview problem with a general utility function. European Journal of Operational Research. Vol. 78, pp. 81~92.

Dr. Chun #1

▪ H. Moskowitz and Young H. Chun (1994). A Poisson regression model for the two-attribute warranty policies. Naval Research Logistics. Vol. 41, pp. 355~376.

▪ Young H. Chun (1994). Sequential decisions under uncertainty in the R&D project selection problem. IEEE Transactions on Engineering Management. Vol. 41, pp. 404~413.

▪ Young H. Chun, H. Moskowitz, and R. Plante (1993). Optimal selection strategy for the group interview problem. Decision Sciences. Vol. 24, pp. 295~314.

▪ Young H. Chun and M. Platt (1992). On the sequential selection problem.Decision Sciences. Vol. 23, pp. 1251~1262.


  B. Conference Proceedings

* Note: I no longer submit a manuscript for publication in conference proceedings due to copy-right issues. (Once published in conference proceedings, a modified or updated version may not be allowed to submit to a research journal.)

▪ Young H. Chun, "Run Tests for Short Production Runs in Statistical Process Control," Proceedings of the Northeast Decision Sciences Institute Annual Meeting, Philadelphia, PA, March 26-29, 2014.

▪ Young H. Chun and Yoonhyuk Jung, "Customer Response Models with a Delay Factor in Direct Marketing," Proceedings of the Decision Sciences Institute Annual Meeting, Baltimore, MD, November 16-19, 2013, pp. 669472-1 ~ 669472-14.

▪ Young H. Chun and E. F. Watson, "Beta-Geometric Model for Estimating the Product Quality in the Repetitive Inspection Procedure," Proceedings of the Northeast Decision Sciences Institute Annual Meeting, Montreal, Canada, April 14-16, 2011. (Received the Best Paper Award in Application of Theory)

▪ Young H. Chun, "Estimating the Customer Response Rate Based on the Daily Response Record," Proceedings of the Decision Sciences Institute (DSI) Annual Meeting, New Orleans, LA, November 14-17, 2009, pp. 5331-5336.

▪ Young H. Chun, "Economic Design of On-line Inspection Procedures with Directional Information," Proceedings of the Decision Sciences Institute (DSI) Annual Meeting, Baltimore, MD, November 22-25, 2008, pp. 4271-4276.

▪ Young H. Chun, "On the Inspection Errors in the Dichotomous Inspection Procedure," Proceedings of the Northeast Decision Sciences Institute Annual Meeting, Brooklyn, NY, March 28-30, 2008, pp. 628-633.

▪ Young H. Chun, "Optimal Search and Stopping Rules for the Continuous-type Dichotomous Search," Proceedings of the Decision Sciences Institute (DSI) Annual Meeting, Phoenix, AZ, November 18-20, 2007, pp. 2681-2686. (Received the Best Theoretical/Empirical Research Paper Award)

▪ Young H. Chun, "Bayesian Analysis of Security Screening Procedures," Proceedings of the Decision Sciences Institute (DSI) Annual Meeting, San Antonio, TX, November 19-21, 2006, pp. 28231-28236.

▪ Young H. Chun, "Analysis of Software Quality via a Goal Programming Approach," Proceedings of the Americas Conference on Information Systems (AMCIS) Annual Meeting, Acapulco, Mexico, August 4-6, 2006.

Dr. Chun photo #2

▪ Young H. Chun and R. T. Sumichrast, "Prior Probability Distributions of the Number of Defective Items in Bayesian Inspection Plans," Proceedings of the Decision Sciences Institute (DSI) Annual Meeting, San Francisco, CA, November 19-22, 2005.

▪ Young H. Chun, "A Goal Programming Approach to the Capture-Recapture Model with Multiple Inspectors," Proceedings of the Decision Sciences Institute (DSI) Annual Meeting, San Francisco, CA, November 19-22, 2005.

▪ Young H. Chun and R. T. Sumichrast, "Optimal Sequential Assignment Problem: A Non-Parametric Approach," Proceedings of the Decision Sciences Institute (DSI) Annual Meeting, Boston, MA, November 20-23, 2004.

▪ Young H. Chun, "On the Probability Distribution of the Ranks in the Symmetric Random Walk Process," Proceedings of the Decision Sciences Institute (DSI) Annual Meeting, Washington D. C., November 22-25, 2003.

▪ Young H. Chun, "A Rank-based Approach to the Sequential Selection and Assignment Problem," Proceedings of the Decision Sciences Institute (DSI) Annual Meeting, San Diego, CA, November 23-26, 2002, pp. 1654-1659.

▪ Young H. Chun, "A Search-Theoretic Approach to Determining the Market Shares of Stores," Proceedings of the Decision Sciences Institute (DSI) Annual Meeting, San Francisco, CA, November 17-20, 2001.

▪ Young H. Chun, "Optimal Strategy for Trading an Asset in the Open Market: A Non-Parametric Approach," Proceedings of the Decision Sciences Institute (DSI) Annual Meeting, Orlando, FL, November 18-21, 2000, pp. 929-931.

▪ Young H. Chun, "Optimal Pricing and Ordering Policies for Perishable Commodities," Proceedings of the Decision Sciences Institute (DSI) Annual Meeting, New Orleans, LA, November 20-23, 1999, pp. 1057-1059.

▪ Young H. Chun, "The Game Show Problem and Its Extensions," Proceedings of the Decision Sciences Institute (DSI) Annual Meeting, Las Vegas, NV, November 21-24, 1998, pp. 1102-1104.

▪ Young H. Chun and D. B. Rinks, "Three Types of the Producer's and Consumer's Risks in the Single Sampling Plan," Proceedings of the Decision Sciences Institute (DSI) Annual Meeting, San Diego, CA, November 22-25, 1997, pp. 1566-1568.

▪ Young H. Chun, "Optimal Selection and Ordering Strategies in the Consumer Search and Purchase Process," Proceedings of the Decision Sciences Institute (DSI) Annual Meeting, Orlando, FL, November 24-26, 1996, pp. 963-965.

▪ Young H. Chun, "Rank-Based Selection Strategies for the Random Walk Process," Proceedings of the Decision Sciences Institute (DSI) Annual Meeting, Boston, MA, November 20-22, 1995, pp. 1071-1073.

▪ Young H. Chun, H. Moskowitz, and R. Plante, "Optimal Partitioning of Groups in Selecting the Best Choice," Proceedings of the Decision Sciences Institute (DSI) Annual Meeting, Boston, MA, November 20-22, 1995, 963-965.

Dr. Chun photo #3

▪ Young H. Chun, "Probability Distribution of the Applicant's Rank in the Group Interview Problem," Proceedings of the Decision Sciences Institute (DSI) Annual Meeting, Washington D. C., November 21-23, 1993, 1202-1204.

▪ Young H. Chun, "On the Two Extensions of the Secretary Problem," Proceedings of the Northeast Decision Sciences Institute (DSI) Annual Meeting, Boston, MA, April 1-3, 1992, pp. 225-227.

▪ Young H. Chun, H. Moskowitz, and R. Plante, "Single Threshold Selection Strategy in the Full Information Group Interview Problem," Proceedings of the Decision Sciences Institute (DSI) Annual Meeting, Miami Beach, FL, November 24-26, 1991, pp. 1103-1105.

▪ Young H. Chun, H. Moskowitz, and R. Plante, "Dynamic Programming Formulation of the Group Interview Problems," Proceedings of the Northeast Decision Sciences Institute (DSI) Annual Meeting, Pittsburgh, PA, April 10-12, 1991, 173-176.


  C. Other Publications

1. Book Chapters

▪ Young H. Chun and Y. Jung (2016). Predictive modeling of customer response behavior in direct marketing. The Best Thinking in Business Analytics (Edited by Merrill Warkentin). Decision Sciences Institute, Upper Saddle River, NJ, pp. 1~16.

▪ Young H. Chun (2008). Multivariate warranty policies. Encyclopedia of Statistics in Quality and Reliability (edited by Fabrizio Ruggeri, Ron Kenett, and Frederick Faltin). John Wiley & Sons, Ltd, New York, pp. 1138~1142.

▪ J. Liu, K. Tang, and Young H. Chun (1997). Economic selection of the mean and upper limit for a container-filling process under capacity constraints. Optimization in Quality Control (edited by K. S. Al-Sultan and M. A. Rahim). Kluwer Academic Publishers, Boston, pp. 215~231.

▪ H. Moskowitz and Young H. Chun (1996). Two-dimensional free-replacement warranties. Product Warranty Handbook (edited by D. N. P. Murthy and W. R. Blischke). Marcel Dekker, pp. 341~363.


2. Editorially Refereed Papers

▪ Young H. Chun (1992). On the optimal sequential selection in capital budgeting. Financial Management. Vol. 21 (4), pp.18~19.

▪ Young H. Chun (June 1991). Game show problem. OR/MS Today. p. 9.


3. Notable Working Paper

Dr. Chun's photo

* Note: As a pioneering work on the multidimensional warranty (e.g., 5-year, 50,000 mile automobile warranty plan), the following working paper has been cited in such premier journals as Management Science, Operations Research, European Journal of Operational Research, SIAM Review, RAIRO, among others. Under the supervisor of a professor, I wrote the paper as a graduate student at Purdue University, coining the term, “two-attribute warranty”.

▪ H. Moskowitz and Young H. Chun (1988). A Bayesian approach to the two-attribute warranty policy. Paper #950, Krannert Graduate School of Management, Purdue University, West Lafayette, IN.


  D. Honors and Awards

▪ Received a research grant as the sole principal investigator from the US Air Force: Young H. Chun, "Prediction of Aircrarft Failures Using Artificial Intelligence." US Air Force, $35,700. 11/30/2021 ~ 4/30/2022.

▪ Selected as a runner-up for the 2021 Sir Goodeve Medal, which is awarded annually by The Operational Research Society (ORS) in United Kingdom for the best research paper published in Journal of the Operational Research Society.

▪ Secured a research grant as the sole principal investigator from the federal government: Young H. Chun, "Aircraft failure survival model analysis." US Air Force (FA 8075-14-D-0025), $40,000. 12/7/2020 ~ 4/30/2021.

▪ Appointed as Cherie H. Flores Endowed Chair of MBA Studies in November 15, 2013.

▪ Received the "2011 Best Paper Award in Application of Theory" during the President's gala dinner at the annual meeting of the Northeast Decision Sciences Institute in Montreal, Canada, on April 16, 2011.

▪ Received the "2007 Best Theoretical/Empirical Research Paper Award" during the President's Luncheon at the annual meeting of the Decision Sciences Institute (DSI) in Phoenix, on November 20, 2007.

▪ Won the Distinguished Paper Award in the MS/OR Track during the 38th annual meeting of the Decision Sciences Institute (DSI), held in Phoenix, November 20-23, 2007.

▪ Appointed as James C. and Cheri H. Flores University Professor of MBA Studies, 8/2005 ~ 11/2013.

▪ Received the Distinguished Paper Award in the MS/OR Track during the 35th annual meeting of the Decision Sciences Institute (DSI), held in Boston, November 20-23, 2004.

▪ Won the 2003 LSU Distinguished Faculty Award with a commemorative wrist watch on May 13, 2003.

▪ Received the LSU Alumni Association Faculty Excellence Award with $1,000 cash stipend, which "recognizes faculty members for outstanding teaching, research, and/or service." May 8, 2000.

▪ Secured a research grant as the principal investigator: Young H. Chun. "Probabilistic models for the sequential search and selection problem under uncertainty." Board of Regents Support Fund, Research Competitiveness Subprogram, LEQSF (2000-01)-RD-A-03, $44,908, 6/1/2000 ~ 6/30/2001.

Dr. Chun photo #5

▪ Received a research grant as the principal investigator: Young H. Chun. "Optimal search and sequencing strategies for the sequential decision problems." Louisiana Educational Quality Support Fund, LEQSF (1998-00)-RD-A-04, $77,508, 6/1/1998 ~ 6/30/2000.

▪ While serving in the Republic of Korea (ROK) Air Force for 5 years, I received a gold medal from the Air Force Chief of Staff for the highest academic achievement in 1976. I also received another award from Commander of the 11th Fighter Wing. (Old soldiers never die. They just fade away!)


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