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Operations Management at Chicago Booth
By John R. Birge
Chicago Booth faculty members have a long history of making contributions to the analysis, design, and improvement of business operations.
Managing a Portfolio of Supply Contracts
Research by Dan Adelman and Shanshan Wang
The right mix of long- and short-term contracts can lead to a bigger profit.
Managing Hospital Beds
Research by Thomas Best, Donald D. Eisenstein, David O. Meltzer and Burhaneddin Sandıkçı
Using dedicated wings allows a hospital to achieve institutional objectives under strained bed capacity.
The Unintended Consequences of the Hospice Medicare Benefit
Research by Rodney P. Parker
To avoid bankruptcy, hospice managers have an incentive to choose patients who are unlikely to live very long.
Price of Privacy
The Value of Revealing Waiting List Information
Research by Burhaneddin Sandıkçı
Using the information contained in a waiting list can help patients in need of a donor liver make better decisions and live longer.
Finding the Right Balance
Managing Production with Random Yields
Research by John R. Birge
When the quantity and quality of manufacturing output are highly uncertain, managers can satisfy customer demand while minimizing the cost of too much or too little inventory if they choose the right level of production.