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Nils Löhndorf

Assist­ant Pro­fessor

WU (Vi­enna Uni­versity of Eco­nom­ics and Busi­ness)
De­part­ment of In­form­a­tions Sys­tems and Op­er­a­tions
In­sti­tute for Pro­duc­tion Man­age­ment

Build­ing D2, En­trance C, 3rd Floor
Welthan­delsplatz 1, 1020 Vi­enna, Aus­tria

Email: nils.loehndorf(at)
Phone: +43-1-31336/5629
Fax: +43-1-31336/90 5629
Con­sulta­tion on Ap­point­ment



Nils' aca­demic back­ground is in op­er­a­tions re­search. He holds a mas­ters de­gree from the Uni­versity of Man­nheim and a PhD from the Uni­versity of Vi­enna.

Nils taught several un­der­gradu­ate and gradu­ate level courses in op­er­a­tions man­age­ment and op­er­a­tions re­search. Cur­rently, he is teach­ing a gradu­ate course on data min­ing and de­cision sup­port sys­tems.

Re­search In­terests

Nils’ cur­rent re­search re­volves around the eco­nom­ics of en­ergy stor­age. By be­ing able to buf­fer re­new­able en­ergy sup­plies, en­ergy stor­age is be­com­ing a key com­pon­ent of the fu­ture en­ergy sup­ply chain. His re­search aims at devel­op­ing mod­els and meth­ods suit­able for ef­fi­cient stor­age op­er­a­tion, valu­ation, and in­vest­ment. 

Fur­ther re­search in­terests in­clude everything that is re­lated to com­pu­ta­tional stochastic op­tim­iz­a­tion - a re­l­at­ively new field that brings to­gether con­cepts from ap­plied prob­ab­il­ity, ma­chine learn­ing, mathem­at­ical pro­gram­ming, and stochastic sim­u­la­tion.

Find ad­di­tional in­form­a­tion on Nils´ re­search on his private homepage.

Lec­tures at WU

Journal article

2016Löhndorf, Nils. 2016. An empirical analysis of scenario generation methods for stochastic optimization. European Journal of Operational Research (EJOR) 255 (1), 121-132. Read more
2014Löhndorf, Nils, Riel, Manuel, Minner, Stefan. 2014. Simulation Optimization for the Stochastic Economic Lot Scheduling Problem with Sequence-Dependent Setup Times. International Journal of Production Economics 157, 170-176. Read more
2013Löhndorf, Nils, Wozabal, David, Minner, Stefan. 2013. Optimizing Trading Decisions for Hydro Storage Systems using Approximate Dual Dynamic Programming. Operations Research 61 (4), 810-823. Read more
2013Löhndorf, Nils, Minner, Stefan. 2013. Simulation Optimization for the Stochastic Economic Lot Scheduling Problem. IISE Transactions (formerly known as: IIE Transactions) 45 (7), 796-810. Read more
2011Transchel, Sandra, Minner, Stefan, Kallrath, Josef, Löhndorf, Nils, Eberhard, Ulrich. 2011. A hybrid general lot-sizing and scheduling formulation for a production process with a two-stage product structure. International Journal of Production Research 49 (9): 2463-2480. Read more
2011Francas, David, Löhndorf, Nils, Minner, Stefan. 2011. Machine and Labor Flexibility in Manufacturing Networks. International Journal of Production Economics 131 (1): 165-174. Read more
2010Löhndorf, Nils, Minner, Stefan. 2010. Optimal day-ahead bidding with renewable energies and storage. Energy Systems 1 (1): 61-77. Read more

Working/discussion paper, preprint

2017Löhndorf, Nils, Wozabal, David. 2017. Indifference pricing of natural gas storage contracts. Read more