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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 Dive into the research topics where Alp E. Akçay is active. These topic labels come from the works of this person. Together they form a unique fingerprint.

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Planning Engineering & Materials Science
Scheduling Engineering & Materials Science
Random variables Engineering & Materials Science
Assembly Line Mathematics
Unknown Inputs Mathematics
Experiments Engineering & Materials Science
Optimization Mathematics

Network Recent external collaboration on country level. Dive into details by clicking on the dots.

Projects 2015 2019

Research Output 2011 2020

17 Downloads (Pure)

Remaining useful lifetime prediction via deep domain adaptation

da Costa, P. R. D. O., Akçay, A., Zhang, Y. & Kaymak, U., 1 Mar 2020, In : Reliability Engineering and System Safety. 195, 13 p., 106682.

Research output: Contribution to journalArticleAcademicpeer-review

Open Access
Neural networks
Condition monitoring

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 Citation (Scopus)
30 Downloads (Pure)

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

Akcay, A. & Biller, B., 2018, In : Journal of Simulation. 12, 4, p. 295-306

Research output: Contribution to journalArticleAcademicpeer-review

Open Access
Stochastic Simulation
Correlation Matrix
Credible Interval
3 Citations (Scopus)
4 Downloads (Pure)

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
21 Citations (Scopus)
17 Downloads (Pure)

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

Activities 2018 2018

  • 1 Invited talk

Research trends in smart maintenance: Data, models, and decisions.

Alp E. Akçay (Speaker)
21 Nov 2018

Activity: Talk or presentation typesInvited talkProfessional


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


A framework and implementation - data-driven maintenance modeling

Author: Wassenaar, J., 27 Sep 2019

Supervisor: Akcay, A. (Supervisor 1) & Dijkman, R. (Supervisor 2)

Student thesis: Master


A matheuristic for scheduling automated guided vehicles in a multi-tenant setting

Author: Singh, N., 30 Aug 2019

Supervisor: Akcay, A. (Supervisor 1), Dang, Q. (Supervisor 2) & Adan, I. (Supervisor 2)

Student thesis: Master


Ambient temperature prediction of pharmaceutical air freight

Author: Terpstra, B., 28 Feb 2019

Supervisor: Zhang, Y. (Supervisor 1) & Akcay, A. (Supervisor 2)

Student thesis: Master