In mathematics, a finitary relation over sets X1, ..., Xn is a subset of the Cartesian product X1 × ⋯ × Xn; that is, it is a set of n-tuples (x1, ..., xn) consisting of elements xi in Xi. Typically, the relation describes a possible connection between the elements of an n-tuple. For example, the relation "x is divisible by y and z" consists of the set of 3-tuples such that when substituted to x, y and z, respectively, make the sentence true.
Management science is a wide and interdisciplinary study of solving complex problems and making strategic decisions as it pertains to institutions, corporations, governments and other types of organizational entities. It is closely related to management, economics, business, engineering, management consulting, and other fields. It uses various scientific research-based principles, strategies, and analytical methods including mathematical modeling, statistics and numerical algorithms and aims to improve an organization's ability to enact rational and accurate management decisions by arriving at optimal or near optimal solutions to complex decision problems.
Organizational learning is the process of creating, retaining, and transferring knowledge within an organization. An organization improves over time as it gains experience. From this experience, it is able to create knowledge. This knowledge is broad, covering any topic that could better an organization. Examples may include ways to increase production efficiency or to develop beneficial investor relations. Knowledge is created at four different units: individual, group, organizational, and inter organizational.
User innovation refers to innovation by intermediate users or consumer users, rather than by suppliers. This is a concept closely aligned to co-design and co-creation, and has been proven to result in more innovative solutions than traditional consultation methodologies.
Computer simulation is a prominent method in organizational studies and strategic management. While there are many uses for computer simulation, most academics in the fields of strategic management and organizational studies have used computer simulation to understand how organizations or firms operate. More recently, however, researchers have also started to apply computer simulation to understand organizational behaviour at a more micro-level, focusing on individual and interpersonal cognition and behavior such as team working.
The organizational life cycle is the life cycle of an organization from its creation to its termination. It also refers to the expected sequence of advancements experienced by an organization, as opposed to a randomized occurrence of events. The relevance of a biological life cycle relating to the growth of an organization, was discovered by organizational researchers many years ago. This was apparent as organizations had a distinct conception, periods of expansion and eventually, termination.
Awi Federgruen is a Dutch/American mathematician and operations researcher and Charles E. Exley Professor of Management at the Columbia University Graduate School of Business and affiliate professor at the university's Fu Foundation School of Engineering and Applied Science.
D-Sight is a company that specializes in decision support software and associated services in the domains of project prioritization, supplier selection and collaborative decision-making. It was founded in 2010 as a spin-off from the Université Libre de Bruxelles (ULB). Their headquarters are located in Brussels, Belgium.
Maqbool Dada is a professor at Carey Business School, Johns Hopkins University, with expertise in the areas of operations management, healthcare, and marketing. He is also a core faculty member at the Johns Hopkins School of Medicine’s Armstrong Institute for Patient Safety and Quality.
In queueing theory, a discipline within the mathematical theory of probability, a polling system or polling model is a system where a single server visits a set of queues in some order. The model has applications in computer networks and telecommunications, manufacturing and road traffic management. The term polling system was coined at least as early as 1968 and the earliest study of such a system in 1957 where a single repairman servicing machines in the British cotton industry was modelled.
Michel Louis Balinski was a Polish-American applied mathematician, economist, operations research analyst and political scientist. Educated in the United States, he lived and worked primarily in the United States and France. He was known for his work in optimisation, convex polyhedra, stable matching, and the theory and practice of electoral systems, jury decision, and social choice. He was Directeur de Recherche de classe exceptionnelle (emeritus) of the C.N.R.S. at the École Polytechnique (Paris). He was awarded the John von Neumann Theory Prize by INFORMS in 2013.
The economics of digitization is the field of economics that studies how digitization, digitalisation and digital transformation affects markets and how digital data can be used to study economics. Digitization is the process by which technology lowers the costs of storing, sharing, and analyzing data. This has changed how consumers behave, how industrial activity is organized, and how governments operate. The economics of digitization exists as a distinct field of economics for two reasons. First, new economic models are needed because many traditional assumptions about information no longer hold in a digitized world. Second, the new types of data generated by digitization require new methods for their analysis.
Steven Nahmias is an author and professor of operations management at Santa Clara University. He is best known for his contributions to inventory theory, and, in particular, perishable inventory theory. He is also the author of Production and Operations Analysis, a preeminent text in the field. He is currently an Honorary Fellow of INFORMS and MSOM.
Vensim is a simulation software developed by Ventana Systems. It primarily supports continuous simulation, with some discrete event and agent-based modelling capabilities. It is available commercially and as a free "Personal Learning Edition".
Linda Argote is an American academic specializing in industrial and organizational psychology. She is Thomas Lord Professor of Organizational Behavior and Theory in the Tepper School of Business at Carnegie Mellon University, where she directs the Center of Organizational Learning, Innovation and Knowledge.
Panos (Panagiotis) Kouvelis is the Emerson Distinguished Professor of Supply Chain, Operations, and Technology and director of The Boeing Center for Supply Chain Innovation at the Olin Business School at Washington University in St. Louis. He is best known for his work on supply chain management, supply chain finance, operational excellence, and risk management.
Janet Bercovitz is an American entrepreneurship scholar and the Deming Professor of Entrepreneurship at the Leeds School of Business at the University of Colorado, Boulder in strategy, entrepreneurship, and operations.
Boris Maciejovsky is an Austrian behavioral scientist, and an Associate Professor of Management at the School of Business at the University of California, Riverside. He is also the founder and managing partner at Greenleaf Analytics LLC, a behavioral management consultancy. His research focuses on behavioral economics and organizational decision-making.
Ravi Bapna is an Indian-born American data scientist, digital transformationalist, business academic, executive educator and speaker. He is the Curtis L. Carlson Chair in Business Analytics and Information Systems, the Associate Dean for Executive Education and the Academic Director of the Carlson Analytics Lab and the Analytics for Good Institute at the University of Minnesota’s Carlson School of Management.
Tinglong Dai is a Professor of Operations Management and Business Analytics at the Carey Business School, Johns Hopkins University, with expertise in the areas of healthcare analytics, global supply chains, the interfaces between marketing and operations, and human–AI interaction. Dai's research primarily examines the health care ecosystem using analytics approaches, with a focus on behavioral, incentive, and policy issues related to healthcare operations management.
