This program is offered by the Department of Management Science and Information Systems (MSIS). It is the continuation of the previous concentration in Management Science and the program of Operations ...
We study the classical multiperiod capacitated stochastic inventory control problems in a data-driven setting. Instead of assuming full knowledge of the demand distributions, we assume that the demand ...
The Journal of the Operational Research Society, Vol. 66, No. 2 (FEBRUARY 2015), pp. 331-341 (11 pages) We address the problem of how to determine control parameters for the inventory of spare parts ...
Supply chain inventory optimisation and safety stock management are pivotal in ensuring both the efficiency and resilience of modern supply chains. By strategically balancing inventory levels against ...
Editor’s Note: Every year, 40 or so students in the MIT Center for Transportation & Logistics' (MIT CTL) Master of Supply Chain Management (SCM) program complete one-year thesis research projects. The ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...