The fast-changing nature of modern business operations and the availability of big data has created a plethora of questions for industry. At the same time, business managers often seek advice from academia when faced with these questions. This program will bring together representatives from industry and academia to collaborate on problems in industry with a focus on mathematical modeling and analytics. There are four application areas of particular interest:
- Retail analytics and revenue management
- Smart transportation and logistics
- Sharing economy
- Healthcare operations and medical decision-making
The goal of the year-long program is to build a bridge between industrial scientists, senior faculty, and junior researchers by working together on important and technically challenging problems with potential high impact on practice.
The program will open with a three-day workshop that is immediately followed by two-and-a-half-week clinic designed for junior faculty, postdocs, and graduate students who are interested in working on industrial problems. Clinic participants will continue to work on projects throughout the year, and a final two-day, follow-up workshop will be held in summer 2018 to report on progress.