FEATURES

Adding dimensions to portfolio management 

Adding dimensions to portfolio management

Senior business managers use many tools to plan and chart growth and manage future activities to enable continued growth. Typical decisions involve buying new equipment, R&D, mergers, operating budgets, hiring and so on. However, many executives use tools and methods that are two-dimensional, such as profit-loss and risk-return. These important planning decisions would benefit from an integrated multidimensional tool.
By John Cogliandro 

Finding solutions with imperfect information 

Finding solutions with imperfect information

The evolution of ERP systems during the last 24 years has created more maturity and sophistication in the ability to capture data, hence part of the buzz around “big data.” And the past 24 years have brought together a number of important streams of development. This is the context within which the new ISE is emerging and why management systems engineering and analytics will play an increasingly important role in our profession. 
By D. Scott Sink 

Career harmony 

Career harmony

With her industrial engineering background and accumulated business experience, Penn State graduate Cassandra Sotos left her consulting job at Accenture in fall 2013 to devote herself to building her music as an electric violinist. But that didn't mean that she abandoned her interest in industrial engineering. Far from it. Read this feature to find out how she has blended her two professional passions.
By David Brandt 

Assignment: Inmate classification 

Assignment: Inmate classification

There's more to corrections than handcuffs and jail cells. Assignment decisions are complicated because, while inmates have diverse requirements, state institutions have a heterogeneous nature. These planning and assignment logistics can be improved immensely by applying industrial engineering, as the Pennsylvania Department of Corrections found out with the help of a new decision support tool.
By Dan Li, Louis J. Plebani, Tamás Terlaky, George R. Wilson and Kristofer B. Bucklen 




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