IDEAS home Printed from https://ideas.repec.org/a/inm/ormnsc/v67y2021i9p5306-5316.html
   My bibliography  Save this article

Management Science : The Legacy of the Past and Challenge of the Future

Author

Listed:
  • Wallace J. Hopp

    (Ross School of Business, University of Michigan, Ann Arbor, Michigan 48109)

  • David Simchi-Levi

    (Civil and Environmental Engineering Department, Massachusetts Institute of Technology, Cambridge, Massachusetts 02139)

Abstract

This paper uses the 65th anniversary of Management Science as an opportunity to examine how well the journal has performed against its primary goal to promote development and encourage application of a science of management. We also highlight recent trends that are impacting this mission and discuss how recent initiatives address these issues.

Suggested Citation

  • Wallace J. Hopp & David Simchi-Levi, 2021. "Management Science : The Legacy of the Past and Challenge of the Future," Management Science, INFORMS, vol. 67(9), pages 5306-5316, September.
  • Handle: RePEc:inm:ormnsc:v:67:y:2021:i:9:p:5306-5316
    DOI: 10.1287/mnsc.2020.3618
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1287/mnsc.2020.3618
    Download Restriction: no

    File URL: https://libkey.io/10.1287/mnsc.2020.3618?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. William C. Jordan & Stephen C. Graves, 1995. "Principles on the Benefits of Manufacturing Process Flexibility," Management Science, INFORMS, vol. 41(4), pages 577-594, April.
    2. Santiago R. Balseiro & Yonatan Gur, 2019. "Learning in Repeated Auctions with Budgets: Regret Minimization and Equilibrium," Management Science, INFORMS, vol. 65(9), pages 3952-3968, September.
    3. Joshua S. Gans & George B. Shepherd, 1994. "How Are the Mighty Fallen: Rejected Classic Articles by Leading Economists," Journal of Economic Perspectives, American Economic Association, vol. 8(1), pages 165-179, Winter.
    4. Melvin E. Salveson, 1997. "The Institute of Management Sciences: A Prehistory and Commentary on the Occasion of TIMS' 40th Anniversary," Interfaces, INFORMS, vol. 27(3), pages 74-85, June.
    5. Hau L. Lee & V. Padmanabhan & Seungjin Whang, 1997. "Information Distortion in a Supply Chain: The Bullwhip Effect," Management Science, INFORMS, vol. 43(4), pages 546-558, April.
    6. C. West Churchman, 1994. "Management Science: Science of Managing and Managing of Science," Interfaces, INFORMS, vol. 24(4), pages 99-110, August.
    7. David Simchi‐Levi & He Wang & Yehua Wei, 2018. "Increasing Supply Chain Robustness through Process Flexibility and Inventory," Production and Operations Management, Production and Operations Management Society, vol. 27(8), pages 1476-1491, August.
    8. Frank M. Bass, 1969. "A New Product Growth for Model Consumer Durables," Management Science, INFORMS, vol. 15(5), pages 215-227, January.
    9. Wallace J. Hopp (Editor-in-Chief), 2004. "Ten Most Influential Papers of Management Science's First Fifty Years," Management Science, INFORMS, vol. 50(12_supple), pages 1763-1763, December.
    10. Wallace J. Hopp & Eylem Tekin & Mark P. Van Oyen, 2004. "Benefits of Skill Chaining in Serial Production Lines with Cross-Trained Workers," Management Science, INFORMS, vol. 50(1), pages 83-98, January.
    11. Harvey M. Wagner & Thomson M. Whitin, 1958. "Dynamic Version of the Economic Lot Size Model," Management Science, INFORMS, vol. 5(1), pages 89-96, October.
    12. Charles C. Holt & Franco Modigliani & Herbert A. Simon, 1955. "A Linear Decision Rule for Production and Employment Scheduling," Management Science, INFORMS, vol. 2(1), pages 1-30, October.
    13. Charles C. Holt & Franco Modigliani & John F. Muth, 1956. "Derivation of a Linear Decision Rule for Production and Employment," Management Science, INFORMS, vol. 2(2), pages 159-177, January.
    14. Black, Fischer & Scholes, Myron S, 1973. "The Pricing of Options and Corporate Liabilities," Journal of Political Economy, University of Chicago Press, vol. 81(3), pages 637-654, May-June.
    15. Frank Chen & Zvi Drezner & Jennifer K. Ryan & David Simchi-Levi, 2000. "Quantifying the Bullwhip Effect in a Simple Supply Chain: The Impact of Forecasting, Lead Times, and Information," Management Science, INFORMS, vol. 46(3), pages 436-443, March.
    16. Wallace J. Hopp, 2004. "Fifty Years of Management Science," Management Science, INFORMS, vol. 50(1), pages 1-7, January.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Suresh P. Sethi & Sushil Gupta & Vipin K. Agrawal & Vijay K. Agrawal, 2022. "Nobel laureates’ contributions to and impacts on operations management," Production and Operations Management, Production and Operations Management Society, vol. 31(12), pages 4283-4303, December.
    2. Thomas L. Magnanti, 2021. "Optimization: From Its Inception," Management Science, INFORMS, vol. 67(9), pages 5349-5363, September.
    3. Rujeerapaiboon, Napat & Zhong, Yuanguang & Zhu, Dan, 2023. "Resilience of long chain under disruption," European Journal of Operational Research, Elsevier, vol. 309(2), pages 597-615.
    4. Fleischhacker, Adam J. & Zhao, Yao, 2011. "Planning for demand failure: A dynamic lot size model for clinical trial supply chains," European Journal of Operational Research, Elsevier, vol. 211(3), pages 496-506, June.
    5. Vargas, Vicente, 2009. "An optimal solution for the stochastic version of the Wagner-Whitin dynamic lot-size model," European Journal of Operational Research, Elsevier, vol. 198(2), pages 447-451, October.
    6. Timothy C. Y. Chan & Douglas Fearing, 2019. "Process Flexibility in Baseball: The Value of Positional Flexibility," Management Science, INFORMS, vol. 65(4), pages 1642-1666, April.
    7. R Fildes & K Nikolopoulos & S F Crone & A A Syntetos, 2008. "Forecasting and operational research: a review," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 59(9), pages 1150-1172, September.
    8. Marshall Fisher, 2007. "Strengthening the Empirical Base of Operations Management," Manufacturing & Service Operations Management, INFORMS, vol. 9(4), pages 368-382, December.
    9. Julia Pahl & Stefan Voß & David Woodruff, 2007. "Production planning with load dependent lead times: an update of research," Annals of Operations Research, Springer, vol. 153(1), pages 297-345, September.
    10. Li, Xiuhui & Wang, Qinan, 2007. "Coordination mechanisms of supply chain systems," European Journal of Operational Research, Elsevier, vol. 179(1), pages 1-16, May.
    11. White, Sheneeta W. & Badinelli, Ralph D., 2012. "A model for efficiency-based resource integration in services," European Journal of Operational Research, Elsevier, vol. 217(2), pages 439-447.
    12. Ramírez-Hassan, Andrés & Montoya-Blandón, Santiago, 2020. "Forecasting from others’ experience: Bayesian estimation of the generalized Bass model," International Journal of Forecasting, Elsevier, vol. 36(2), pages 442-465.
    13. Sohn, So Young & Lim, Michael, 2008. "The effect of forecasting and information sharing in SCM for multi-generation products," European Journal of Operational Research, Elsevier, vol. 186(1), pages 276-287, April.
    14. Ma, Yungao & Wang, Nengmin & He, Zhengwen & Lu, Jizhou & Liang, Huigang, 2015. "Analysis of the bullwhip effect in two parallel supply chains with interacting price-sensitive demands," European Journal of Operational Research, Elsevier, vol. 243(3), pages 815-825.
    15. Zhao, Xiande & Xie, Jinxing & Leung, Janny, 2002. "The impact of forecasting model selection on the value of information sharing in a supply chain," European Journal of Operational Research, Elsevier, vol. 142(2), pages 321-344, October.
    16. Jaksic, Marko & Rusjan, Borut, 2008. "The effect of replenishment policies on the bullwhip effect: A transfer function approach," European Journal of Operational Research, Elsevier, vol. 184(3), pages 946-961, February.
    17. Saravanan Kesavan & Susan J. Lambert & Joan C. Williams & Pradeep K. Pendem, 2022. "Doing Well by Doing Good: Improving Retail Store Performance with Responsible Scheduling Practices at the Gap, Inc," Management Science, INFORMS, vol. 68(11), pages 7818-7836, November.
    18. Van Belle, Jente & Guns, Tias & Verbeke, Wouter, 2021. "Using shared sell-through data to forecast wholesaler demand in multi-echelon supply chains," European Journal of Operational Research, Elsevier, vol. 288(2), pages 466-479.
    19. Chandra, Charu & Grabis, Janis, 2005. "Application of multi-steps forecasting for restraining the bullwhip effect and improving inventory performance under autoregressive demand," European Journal of Operational Research, Elsevier, vol. 166(2), pages 337-350, October.
    20. Hiroko Nakamura & Shinji Suzuki & Tomobe Hironori & Yuya Kajikawa & Ichiro Sakata, 2011. "Citation lag analysis in supply chain research," Scientometrics, Springer;Akadémiai Kiadó, vol. 87(2), pages 221-232, May.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:inm:ormnsc:v:67:y:2021:i:9:p:5306-5316. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Asher (email available below). General contact details of provider: https://edirc.repec.org/data/inforea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.