Management Science news
Published 3 May 2013
Professor Peter Checkland has been awarded an honorary fellowship by Lancaster University in recognition of his distinguished service.
Published 11 April 2013
In an article in SD Times, Dr Paul Ralph of Lancaster's Management Science Department, argues that systems requirements analysis is more likely to undermine innovation than reveal solutions.
Published 7 March 2013
Traditionally, marketing managers were urged to compete for what customers have in their hearts and minds by using different marketing actions such as new product introduction, promotional incentives and advertising. With an increasing pressure by the top management, they are also held responsible for the impact of these actions on revenues (top-line), profits (bottom-line) and firm value (investor response in the financial markets). Indeed, for financially oriented executives, what remains crucial is how to allocate the marketing resources and the translation of these resources into long-term benefits.
Published 7 February 2013
Need support in a project? Develop new forecasting algorithms? Setup a forecasting system? Audit your current forecasting models or processes? The Lancaster Centre for Forecasting is offering a range of effective Master student projects.
Published 23 January 2013
We are pleased to announce that Mr. Gao Zixuan, Bastian, Ph.D. candidate from the School of Hotel and Tourism Management of the Hong Kong Polytechnic University under Prof. Haiyan Song's supervision, is joining us as a visiting researcher.
Published 21 January 2013
Analytics software provider SAS have included a case study on their website on how LUMS has used SAS Enterprise Miner to help an online retail company to predict fraud.
Published 19 December 2012
Forecasting Centre's Devon Kennard Barrow featured in the latest ORACLE newsletter.
Published 12 December 2012
Professor Robert Fildes comments on Jeremy Paxman's recent interview.
Published 11 December 2012
Kingsman Prize 2012 award winners citations
Published 10 December 2012
Two Postdoctoral Researchers have recently joined the Lancaster Centre for Forecasting, engaging in research and applied forecasting research projects.
Published 29 November 2012
The Lancaster Centre for Forecasting regularly hosts academic visitors. As a part of this, Emeritus Professor of Decision Sciences Spyros Makridakis from INSEAD Business School visited our Department on Wednesday, November 21, 2012.
Published 19 November 2012
Although forecasting is regarded as a prerequisite to coordinating all supply chain activities of manufacturers, surprisingly little is known on how companies actually do forecast in practice. Our 2012 survey seeks to explore this using a survey answered by over 200 forecasters and demand planners, showing current forecasting practices and identifying gaps for future improvements, in particular in the use of judgment & statistical methods, use of internal and external information, and the use of forecasting support systems.
Published 12 November 2012
Our team recently finished an extensive research project in the area of promotional forecasting. We proposed a fully automatable statistical promotional forecasting model that increased accuracy substantially, over baseline and expert forecasts.
Published 1 November 2012
Professor Robert Fildes comments on the recent jailing of Italian seismologists.
Published 25 October 2012
Published 13 September 2012
The Lancaster Centre for Forecasting regularly hosts academic visitors. As a part of this, Professor Rob J. Hyndman from Monash University recently visited our Department.
Published 23 August 2012
Principles of Business Forecasting is a new book by Lancaster University Management School's Robert Fildes and Keith Ord of Georgetown University.
Published 20 August 2012
Professor Robert Fildes is Director of the Lancaster Centre for Forecasting and ex-President of the International Institute of Forecasters. In this opinion piece he asks how well the pre-Olympics forecasts fared.