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Personal profile


“Most companies have a lot of data and it is critical for them to know how to use it. My work is on developing mathematical models to integrate real-world data with operational decision making.”

Research profile

Alp Akcay is an assistant professor in the Operations, Planning, Accounting and Control (OPAC) group at Eindhoven University of Technology.  His research interests include statistical decision making under uncertainty, simulation design and analysis, and approximate dynamic programming with applications in manufacturing, maintenance, and supply chain management. He is a core-team member of the smart maintenance and manufacturing research program at Data Science Center Eindhoven.

Academic background

Alp Akcay received his PhD in Operations Management from the Tepper School of Business at Carnegie Mellon University (2013). The title of his PhD dissertation is “Statistical Estimation Problems in Inventory Control.” Dr. Akcay holds an MSc in Industrial Engineering from Sabanci University (2008) and a BSc in Mechanical Engineering from Boğaziçi University (2006). Prior to joining TU Eindhoven, dr. Akcay has worked as an assistant professor at Bilkent University (2013-2015).

Affiliated with

Member of INFORMS, MSOM (Manufacturing and Service Operations) Society, and I-SIM (Informs Simulation Society).

Partners in (semi-)industry

Philips Consumer Lifestyle, Philips Healthcare, Nexperia, Validaide, OrangeGames.

Education/Academic qualification

Carnegie Mellon University

Fingerprint Fingerprint is based on mining the text of the person's scientific documents to create an index of weighted terms, which defines the key subjects of each individual researcher.

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Research Output 2011 2018

  • 51 Citations
  • 10 Conference contribution
  • 5 Article
  • 1 Entry for encyclopedia/dictionary
  • 1 Phd Thesis 4 Research NOT TU/e / Graduation NOT TU/e)

The benefits of state aggregation with extreme-point weighting for assemble-to-order systems

Nadar, E., Akcay, A., Akan, M. & Scheller-Wolf, A., 1 Jul 2018, In : Operations Research. 66, 4, p. 1040-1057 18 p.

Research output: Contribution to journalArticleAcademicpeer-review

Order systems
Cost functions
1 Citations

Input uncertainty in stochastic simulations in the presence of dependent discrete input variables

Akcay, A. & Biller, B., 14 Dec 2017, In : Journal of Simulation.

Research output: Contribution to journalArticleAcademicpeer-review

Open Access
Stochastic Simulation
Correlation Matrix
Credible Interval
1 Citations

Simulation of inventory systems with unknown input models: a data-driven approach

Akcay, A. & Corlu, C. G., 2017, In : International Journal of Production Research. 55, 19, p. 5826-5840

Research output: Contribution to journalArticleAcademicpeer-review

Inventory systems
Random variables
Probability distributions
Distribution functions
19 Citations

Analyzing the solutions of DEA through information visualization and data mining techniques: SmartDEA framework

Akcay, A., Ertek, G. & Buyukozkan, G., Jul 2012, In : Expert Systems with Applications. 39, 9, p. 7763-7775

Research output: Contribution to journalArticleAcademicpeer-review

18 Citations

Improved inventory targets in the presence of limited historical demand data

Akcay, A., Biller, B. & Tayur, S., 18 Feb 2011, In : Manufacturing & Service Operations Management. 13, 3, p. 297-309 14 p.

Research output: Contribution to journalArticleAcademicpeer-review


Manufacturing Technology

1/09/16 → …


Student theses

A data-driven decision support model for planned maintenance reduction in healthcare

Author: van Lohuizen, T., 30 Nov 2018

Supervisor: Akcay, A. (Supervisor 1) & van Jaarsveld, W. (Supervisor 2)

Student thesis: Master


A data driven inventory decision model for the early life cycle of product offerings in an e-tail environment

Author: van Bussel, J., 31 Aug 2017

Supervisor: Akçay, A. (Supervisor 1), Mutlu, N. (Supervisor 2) & van Jaarsveld, W. (Supervisor 2)

Student thesis: Master


Capacity analysis for future growth of rail terminal Chemelot

Author: Uittenhout, R., 30 Apr 2018

Supervisor: Veenstra, A. (Supervisor 1) & Akcay, A. (Supervisor 2)

Student thesis: Master


Data-driven planned maintenance for MRI-Scanners

Author: van Breugel, R., 30 Nov 2018

Supervisor: Eshuis, H. (Supervisor 1) & Akcay, A. (Supervisor 2)

Student thesis: Master


Data driven supply chain segmentation

Author: van Mouche, V., 31 Oct 2017

Supervisor: Akçay, A. (Supervisor 1), Zhang, Y. (Supervisor 2) & Dabadghao, S. (Supervisor 2)

Student thesis: Master