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Prospects for Operations Research in the E-Business Era

Author

Listed:
  • Arthur M. Geoffrion

    (Decisions, Operations, and Technology Management, John E. Anderson Graduate School of Management, University of California, Los Angeles, Box 951481, Los Angeles, California 90095-1481)

  • Ramayya Krishnan

    (Heinz School of Public Policy and Management, Carnegie Mellon University, Pittsburgh, Pennsylvania 15213)

Abstract

The digital economy is creating abundant opportunities for operations research (OR) applications. Several factions of the profession are beginning to respond aggressively, leading to notable successes in such areas as financial services, electronic markets, network infrastructure, packaged OR-software tools, supply-chain management, and travel-related services. Because OR is well matched to the needs of the digital economy in certain ways and because certain enabling conditions are coming to pass, prospects are good for OR to team with related analytic technologies and join information technology as a vital engine of further development for the digital economy. OR professionals should prepare for a future in which most businesses will be e-businesses.

Suggested Citation

  • Arthur M. Geoffrion & Ramayya Krishnan, 2001. "Prospects for Operations Research in the E-Business Era," Interfaces, INFORMS, vol. 31(2), pages 6-36, April.
  • Handle: RePEc:inm:orinte:v:31:y:2001:i:2:p:6-36
    DOI: 10.1287/inte.31.2.6.10628
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    References listed on IDEAS

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    Cited by:

    1. Scott, Carlton H. & Scott, J.E.Judy E., 2004. "On models for the operation of a class of electronic marketplaces," Omega, Elsevier, vol. 32(5), pages 373-383, October.
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    6. Arthur M. Geoffrion & Ramayya Krishnan, 2003. "E-Business and Management Science: Mutual Impacts (Part 1 of 2)," Management Science, INFORMS, vol. 49(10), pages 1275-1286, October.
    7. ManMohan S. Sodhi & Christopher S. Tang, 2008. "The OR/MS Ecosystem: Strengths, Weaknesses, Opportunities, and Threats," Operations Research, INFORMS, vol. 56(2), pages 267-277, April.
    8. Arthur M. Geoffrion & Ramayya Krishnan, 2003. "E-Business and Management Science: Mutual Impacts (Part 2 of 2)," Management Science, INFORMS, vol. 49(11), pages 1445-1456, November.
    9. Shivam Gupta & Sachin Modgil & Samadrita Bhattacharyya & Indranil Bose, 2022. "Artificial intelligence for decision support systems in the field of operations research: review and future scope of research," Annals of Operations Research, Springer, vol. 308(1), pages 215-274, January.
    10. Doukidis, Georgios I. & Pramatari, Katerina & Lekakos, Georgios, 2008. "OR and the management of electronic services," European Journal of Operational Research, Elsevier, vol. 187(3), pages 1296-1309, June.
    11. Jayashankar M. Swaminathan & Sridhar R. Tayur, 2003. "Models for Supply Chains in E-Business," Management Science, INFORMS, vol. 49(10), pages 1387-1406, October.
    12. Baris Yildiz & Martin Savelsbergh, 2019. "Provably High-Quality Solutions for the Meal Delivery Routing Problem," Transportation Science, INFORMS, vol. 53(5), pages 1372-1388, September.
    13. John O. Ledyard & Mark Olson & David Porter & Joseph A. Swanson & David P. Torma, 2002. "The First Use of a Combined-Value Auction for Transportation Services," Interfaces, INFORMS, vol. 32(5), pages 4-12, October.
    14. Teich, Jeffrey E. & Wallenius, Hannele & Wallenius, Jyrki & Koppius, Otto R., 2004. "Emerging multiple issue e-auctions," European Journal of Operational Research, Elsevier, vol. 159(1), pages 1-16, November.
    15. Melanie Fritz & Maurizio Canavari, 2008. "Management of perceived e-business risks in food-supply networks: e-trust as prerequisite for supply-chain system innovation," Agribusiness, John Wiley & Sons, Ltd., vol. 24(3), pages 355-368.
    16. Kim, Soo Wook & Park, Sangwook, 2008. "Development of a three-echelon SC model to optimize coordination costs," European Journal of Operational Research, Elsevier, vol. 184(3), pages 1044-1061, February.
    17. Makowski, Marek, 2005. "A structured modeling technology," European Journal of Operational Research, Elsevier, vol. 166(3), pages 615-648, November.
    18. E. Andrew Boyd & Ioana C. Bilegan, 2003. "Revenue Management and E-Commerce," Management Science, INFORMS, vol. 49(10), pages 1363-1386, October.
    19. Paul R. Kleindorfer & D. J. Wu, 2003. "Integrating Long- and Short-Term Contracting via Business-to-Business Exchanges for Capital-Intensive Industries," Management Science, INFORMS, vol. 49(11), pages 1597-1615, November.
    20. Patrick Hew, 2007. "ASP, The Art and Science of Practice: Direct Advisors vs. Tool Developers---Implications for Practice," Interfaces, INFORMS, vol. 37(3), pages 279-284, June.
    21. Nurhan Davutyan & Mert C. Demir, 2004. "Transporting Turkish Exam Takers: A New Use for an Old Model," Working Papers 0401, Economic Research Forum, revised Jan 2004.
    22. Álvarez, María José & Alfaro, José A. & Montes, María J., 2002. "Lagging behind versus advancing too fast? identifying gaps research in supply chain," DEE - Working Papers. Business Economics. WB wb021409, Universidad Carlos III de Madrid. Departamento de Economía de la Empresa.
    23. Butler, John C. & Dyer, James S. & Jia, Jianmin & Tomak, Kerem, 2008. "Enabling e-transactions with multi-attribute preference models," European Journal of Operational Research, Elsevier, vol. 186(2), pages 748-765, April.
    24. Hemant K. Bhargava & Daewon Sun & Susan H. Xu, 2006. "Stockout Compensation: Joint Inventory and Price Optimization in Electronic Retailing," INFORMS Journal on Computing, INFORMS, vol. 18(2), pages 255-266, May.

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