Özalp Özer
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Özalp Özer
Özalp Özer is an American business professor specializing in pricing science and operations research. He is the Ashbel Smith Professor of Management Science at the Naveen Jindal School of Management and also currently serves as an affiliated faculty at the MIT Sloan School of Management. Career Originally from Turkey, Özer attended Bilkent University, where he earned an undergraduate degree in Industrial Engineering in 1996. He then attended Columbia University where he received master's degrees in Operations Research and Financial Engineering, as well as a Ph.D. in Operations Research. After receiving his Ph.D. in 2000, Özer worked as an assistant professor in the Management Science and Engineering Department at Stanford University until 2007. During this time he was awarded the Wickham Skinner Early-Career Research Accomplishment Award by the Informs Manufacturing and Service Operations Management (M&SOM) journal as well as the Eugene L. Grant Award for Excellence in Teachi ...
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Operations Management
Operations management is concerned with designing and controlling the production (economics), production of good (economics), goods and service (economics), services, ensuring that businesses are efficiency, efficient in using resources to meet customer requirements. It is concerned with managing an entire production system that converts inputs (in the forms of raw materials, Manual labour, labor, consumers, and energy) into outputs (in the form of goods and services for consumers). Operations management covers sectors like banking systems, hospitals, companies, working with suppliers, customers, and using technology. Operations is one of the major functions in an organization along with supply chains, marketing, finance and human resources. The operations function requires management of both the strategic and day-to-day production of goods and services. In managing manufacturing or service operations, several types of decisions are made including operations strategy, product ...
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Operations Research
Operations research () (U.S. Air Force Specialty Code: Operations Analysis), often shortened to the initialism OR, is a branch of applied mathematics that deals with the development and application of analytical methods to improve management and decision-making. Although the term management science is sometimes used similarly, the two fields differ in their scope and emphasis. Employing techniques from other mathematical sciences, such as mathematical model, modeling, statistics, and mathematical optimization, optimization, operations research arrives at optimal or near-optimal solutions to decision-making problems. Because of its emphasis on practical applications, operations research has overlapped with many other disciplines, notably industrial engineering. Operations research is often concerned with determining the extreme values of some real-world objective: the Maxima and minima, maximum (of profit, performance, or yield) or minimum (of loss, risk, or cost). Originating in ...
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Management Science
Management science (or managerial 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. Management science looks to help businesses achieve goals using a number of scientific methods. The field was initially an outgrowth of applied mathematics, where early challenges were problems relating to the optimization of systems which could be modeled linearly, i.e., determining the optima ( max ...
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University Of Texas At Dallas Academic Programs
The University of Texas at Dallas (also referred to as UT Dallas or UTD) is a public research university in the University of Texas System. The University of Texas at Dallas main campus is located in Richardson, Texas. The University of Texas at Dallas offers over 148 academic programs across its seven schools, including 57 baccalaureate programs, 59 masters programs and 32 doctoral programs, and hosts more than 40 research centers and institutes. The school also offers over 50 undergraduate and graduate certificates. With a number of interdisciplinary degree programs, UT Dallas’ curriculum is designed to allow study that crosses traditional disciplinary lines and to enable students to participate in collaborative research labs. UT Dallas offers some dual degrees, including M.S. Electrical Engineering (M.S.E.E.) degree in combination with an MBA in management, Molecular Biology and Business Administration (Double Major) B.S., and Molecular Biology and Criminology (Double Major) ...
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Bilkent University
Bilkent University () is a private non-profit research university located in Ankara, Turkey. It was founded by İhsan Doğramacı, the first president of the Council of Higher Education and the head of the prominent Doğramacı family, with the aim of creating a center of excellence in higher education and research in 1984. It has constantly been ranked among the top Turkish universities since its establishment. In 2011, it was ranked 112th in the world by The World University Rankings. Bilkent University was modeled after Harvard University and was the first non-profit private university established in the country. The name Bilkent is an abbreviation of ''bilim kenti'', meaning "city of science" in Turkish. History Preparations for the establishment of the university began in 1967, with the purchase of a tract of land to the west of Ankara. In the late 1970s the foundations of the buildings which now house administrative offices, the faculty of engineering, and the library ...
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Columbia University
Columbia University in the City of New York, commonly referred to as Columbia University, is a Private university, private Ivy League research university in New York City. Established in 1754 as King's College on the grounds of Trinity Church (Manhattan), Trinity Church in Manhattan, it is the oldest institution of higher education in New York (state), New York and the fifth-First university in the United States, oldest in the United States. Columbia was established as a Colonial colleges, colonial college by royal charter under George II of Great Britain. It was renamed Columbia College (New York), Columbia College in 1784 following the American Revolution, and in 1787 was placed under Trustees of Columbia University in the City of New York, a private board of trustees headed by former students Alexander Hamilton and John Jay. In 1896, the campus was moved to its current location in Morningside Heights and renamed Columbia University. Columbia is organized into twenty schoo ...
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MIT Sloan School Of Management
The MIT Sloan School of Management (branded as MIT Sloan) is the business school of the Massachusetts Institute of Technology, a private university in Cambridge, Massachusetts. MIT Sloan offers bachelor's, master's, and doctoral degree programs, as well as executive education. Many influential ideas in management and finance originated at the school, including the Black–Scholes model, the random walk hypothesis, the binomial options pricing model, and the field of system dynamics. The faculty has included numerous Nobel laureates in economics and John Bates Clark Medal winners. History The MIT Sloan School of Management began in 1914 as the engineering administration curriculum ("Course 15") in the MIT Department of Economics and Statistics. The scope and depth of this educational focus grew steadily in response to advances in the theory and practice of management. A program offering a master's degree in management was established in 1925. The world's first universit ...
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Stanford University
Leland Stanford Junior University, commonly referred to as Stanford University, is a Private university, private research university in Stanford, California, United States. It was founded in 1885 by railroad magnate Leland Stanford (the eighth List of governors of California, governor of and then-incumbent List of United States senators from California, United States senator representing California) and his wife, Jane Stanford, Jane, in memory of their only child, Leland Stanford Jr., Leland Jr. The university admitted its first students in 1891, opening as a Mixed-sex education, coeducational and non-denominational institution. It struggled financially after Leland died in 1893 and again after much of the campus was damaged by the 1906 San Francisco earthquake. Following World War II, university Provost (education), provost Frederick Terman inspired an entrepreneurship, entrepreneurial culture to build a self-sufficient local industry (later Silicon Valley). In 1951, Stanfor ...
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Informs
The Institute for Operations Research and the Management Sciences (INFORMS) is an international society for practitioners in the fields of operations research Operations research () (U.S. Air Force Specialty Code: Operations Analysis), often shortened to the initialism OR, is a branch of applied mathematics that deals with the development and application of analytical methods to improve management and ... (O.R.), management science, and analytics. It was established in 1995 with the merger of the Operations Research Society of America (ORSA) and The Institute of Management Sciences (TIMS). The INFORMS Roundtable includes institutional members from operations research departments at major organizations. INFORMS administers the honor society Omega Rho. See also * Institute of Industrial Engineers References Chile wins international prize for the development of analytical tools against the pandemicbr> Vishal Gupta Awarded INFORMS Wagner Prize for System to Curb COVID ...
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Management Science (journal)
''Management Science'' is a peer-reviewed academic journal that covers research on all aspects of management related to strategy, entrepreneurship, innovation, information technology, and organizations as well as all functional areas of business, such as accounting, finance, marketing, and operations. It is published by the Institute for Operations Research and the Management Sciences and was established in 1954 by the institute's precursor, the Institute of Management Sciences. C. West Churchman was the founding editor-in-chief. According to the ''Journal Citation Reports'', the journal has a 2022 impact factor of 5.4. Editors-in-chief The following persons are, or have been, editors-in-chief: *2018–2023: David Simchi-Levi *2014–2018: Teck-Hua Ho *2009–2014: Gérard Cachon *2003–2008: Wallace Hopp *1997–2002: Hau L. Lee *1993–1997: Gabriel R. Bitran *1983–1990: Donald G. Morrison *1968–1983: Martin K. Starr *1960–1967: Robert M. Thrall *1954–1960: C ...
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Robert L
The name Robert is an ancient Germanic given name, from Proto-Germanic "fame" and "bright" (''Hrōþiberhtaz''). Compare Old Dutch ''Robrecht'' and Old High German ''Hrodebert'' (a compound of '' Hruod'' () "fame, glory, honour, praise, renown, godlike" and ''berht'' "bright, light, shining"). It is the second most frequently used given name of ancient Germanic origin.Reaney & Wilson, 1997. ''Dictionary of English Surnames''. Oxford University Press. It is also in use as a surname. Another commonly used form of the name is Rupert. After becoming widely used in Continental Europe, the name entered England in its Old French form ''Robert'', where an Old English cognate form (''Hrēodbēorht'', ''Hrodberht'', ''Hrēodbēorð'', ''Hrœdbœrð'', ''Hrœdberð'', ''Hrōðberχtŕ'') had existed before the Norman Conquest. The feminine version is Roberta. The Italian, Portuguese, and Spanish form is Roberto. Robert is also a common name in many Germanic languages, including En ...
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Business Educators
Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit." A business entity is not necessarily separate from the owner and the creditors can hold the owner liable for debts the business has acquired except for limited liability company. The taxation system for businesses is different from that of the corporates. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. A distinction is made in law and public offices between the term business and a company (such as a corporation or cooperative). Colloquially, the terms are used interchangeably. Corporations are distinct from sole proprietors and partnerships. Corporations are separate and unique legal entities from their shareholders; as such they provide limited liability for their owners and members. Corpora ...
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