Department of Industrial and Manufacturing Systems Engineering

Lizhi Wang

Assistant Professor

Office: 3016 Black Engineering
Email: lzwang@iastate.edu
Personal Web Page: Wang
Tel: 515.294.1757
Fax: 515.294.3524

 

 

 

Ph.D. University of Pittsburgh, 2007
B.E. University of Science and Technology of China, 2003
B.S. University of Science and Technology of China, 2003

Research Description

Lizhi Wang’s research interest is operations research, and extends to the inter-disciplines of mathematical programming, statistics, economics, and game theory. He has been applying operations research methodologies in projects on electric power systems, where many decisions need to be made under uncertainty. He is interested in working on real world projects where mathematical modeling can be used to help make better decisions on protecting the environment and increasing people’s quality of life.

Working Papers

Lizhi Wang, Mainak Mazumdar and Nan Kong “Security constrained economic dispatch: a Markov decision process approach with embedded stochastic programming,” 2007.

Matthew M Bunce, Lizhi Wang and Bopaya Bidanda, “Leveraging Six Sigma with industrial engineering tools in crateless retort production,” 2007.

Lizhi Wang, Guiping Hu and Bopaya Bidanda, “Can green products survive in the market competition?” 2007.

Lizhi Wang, “Inverse mixed integer programming,” 2007.

Selected Recent Publications

Lizhi Wang and Mainak Mazumdar, “Using a system model to decompose the effects of influential factors on locational marginal prices,” to appear in IEEE Transactions on Power Systems, 2007.

Lizhi Wang, Mainak Mazumdar, Matthew Bailey and Jorge Valenzuela, “Oligopoly models for market price of electricity under demand uncertainty and unit reliability,” European Journal of Operational Research, vol. 181(3), p. 1309-1321, 2007.