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Yayın Modeling repair demand in existence of a nonstationary installed base(Elsevier B.V., 2023-09) Hekimoğlu, Mustafa; Karlı, DenizLife cycles of products consist of 3 phases, namely growth, maturity, and decline phases. Modeling repair demand is particularly difficult in the growth and decline stages due to nonstationarity. In this study, we suggest respective stochastic models that capture the dynamics of repair demand in these two phases. We apply our theory to two different operations management problems. First, using the moments of spare parts demand, we suggest an algorithm that selects a parametric distribution from the hypergeometric family (Ord, 1967) for each period in time. We utilize the algorithm in a single echelon inventory control problem. Second, we focus on investment decisions of Original Equipment Manufacturers (OEMs) to extend economic lifetimes of products with technology upgrades. Our results indicate that the second moment is sufficient for growing customer bases, whereas using the third moment doubles the approximation quality of theoretical distributions for a declining customer base. From a cost minimization perspective, using higher moments of demand leads to savings up to 13.6% compared to the single-moment approach. Also, we characterize the optimal investment policy for lifetime extension decisions from risk-neutral and risk-averse perspectives. We find that there exists a critical level of investment cost and installed base size for profitability of lifetime extension for OEMs. From a managerial point of view, we find that a risk-neutral decision maker finds the lifetime extension problem profitable. In contrast, even a slight risk aversion can make the lifetime extension decision economically undesirable.Yayın Optimization of wastewater treatment systems for growing industrial parks(Elsevier B.V., 2023-12-20) Savun Hekimoğlu, Başak; İşler, Zülal; Hekimoğlu, Mustafa; Burak, Selmin; Karlı, Deniz; Yücekaya, Ahmet; Akpınar, Ersin; Ediger, Volkan Ş.Wastewater treatment is one of the crucial functions of industrial parks as wastewater from industrial facilities usually contains toxic compounds that can cause damage to the environment. To control their environmental loads, industrial parks make investment decisions for wastewater treatment plants. For this, they need to consider technical and economic factors as well as future growth projections as substantial construction and operational costs of wastewater treatment plants have to be shared by all companies in an industrial park. In this paper, we consider the long-term capacity planning problem for wastewater treatment facilities of a stochastically growing industrial park. By explicitly modeling randomness in the arrival of new tenants and their random wastewater discharges, our model calculates the future mean and variance of wastewater flow in the industrial park. Mean and variance are used in a Mixed Integer Programming Model to optimize wastewater treatment plant selection over a long planning horizon (30 years). By fitting our first model to empirical data from an industrial park in Turkey, we find that considering the variance of wastewater load is critical for long-term planning. Also, we quantify the economic significance of lowering wastewater discharges which can be achieved by water recycling or interplant water exchange.Yayın Relationships among organizational-level maturities in artificial intelligence, cybersecurity, and digital transformation: a survey-based analysis(Institute of Electrical and Electronics Engineers Inc., 2025-05-19) Kubilay, Burak; Çeliktaş, BarışThe rapid development of digital technology across industries has highlighted the growing need for enhanced competencies in Artificial Intelligence (AI), Cyber security (CS), and Digital Transformation (DT). While there is extensive research on each of these domains in isolation, few studies have investigated their relationship and joint impact on organizational maturity. This study aims to address this gap by analyzing the relationships among the maturity levels of AI, CS, and DT at the organizational level using Structural Equation Modeling (SEM) and descriptive statistical methods. A mixed-methods design combines quantitative survey data with synthetic modeling techniques to assess organizational preparedness. The findings demonstrate significant bidirectional correlations among AI, CS, and DT, with technology and finance being more advanced than government and education. The research highlights the necessity of an integrated AI-CS strategy and provides actionable recommendations to increase investments in these domains. In contrast to the preceding fragmented evaluations, the current research establishes a comprehensive, empirically grounded framework that acts as a strategic reference point for digital resilience. Follow-up studies will involve collecting real-world industry data in support of empirical validation and predictive ability in measuring AI and CS maturity. This research adds to the existing literature by filling the gaps among fragmented digital maturity models and providing a consistent empirical base for organizations to thrive in an evolving technological environment.
