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Decision, Risk, and Operations
Fostering Collaboration with Industry
The Decision, Risk, and Operations Division undertakes research and instruction on decision-making through optimization, modeling, and managing uncertainty, and on all aspects of the operations function in firms.
Application areas in which the division has particular expertise include logistics, distribution and supply-chain management; revenue management; resource networks and service systems; the valuation of derivative securities, and risk management.
The success of the division's mission depends, in part, on fostering collaboration with industry. For only by keeping in close contact with industrial problems can the division preserve the vitality of its research and teaching.
Center for Pricing and Revenue Management
Organizing programs and research to broaden the understanding of one of the most powerful but least understood disciplines: pricing.
The Deming Center
Focusing on developing thought leadership in three major initiatives: Revenue Optimization, Advanced Commerce Research and Six Sigma.