Home

The Applied Probability Society is a subdivision of the Institute for Operations Research and the Management Sciences (INFORMS). The Society is concerned with the application of probability theory to systems that involve random phenomena, for example, manufacturing, communication network, computer network, service, and financial systems. The Society promotes the development and use of methods for the improvement of evaluation, control, and design of these systems. Such methods include (stochastic) dynamic programming, queueing theory, Markov decision process, discrete event dynamic systems, point processes, large deviations, reliability, and so on. Our members include practitioners, educators, and researchers with backgrounds in business, engineering, statistics, mathematics, economics, computer science, and other applied sciences.

The Applied Probability Society also publishes Stochastic Systems. This open-access journal seeks to publish high-quality papers that substantively contribute to the modeling, analysis, and control of stochastic systems. The contribution may lie in the formulation of new mathematical models, in the development of new mathematical methods, or in the innovative application of existing methods. A partial list of applications domains that are germane to this journal include: service operations; logistics, transportation, and communications networks (including the Internet); computer systems; finance and risk management; manufacturing operations and supply chains; and revenue management.

To keep up-to-date with all the latest developments in the Applied Probability Society community, INFORMS members should make sure to subscribe for real-time or digest correspondence through INFORMS Connect. For INFORMS members outside of the Society or for community members outside of INFORMS who would like to receive updates as well, register here to receive select Applied Probability Society communication directly.

Latest Discussions

There are no discussions to which you have access

Either the content you're seeking doesn't exist or it requires proper authentication before viewing.

Jobs of Interest to APS

  • Denton, Texas, Welcome to the University of North Texas System . The UNT System includes the University of North Texas in Denton and Frisco , the University of North Texas at Dallas and UNT Dallas College of Law , and the University of North Texas Health Science Center at Fort Worth . We are the only university system based exclusively in the robust Dallas-Fort Worth region. We are growing with the North Texas region, employing more than 14,000 employees, educating a record 49,000+ students across our system, and awarding nearly 12,000 degrees each year.   We are one team comprised of individuals who are committed to excellence, curiosity and innovation. We are transforming lives and creating economic opportunity through education. We champion a people-first values- based culture where We Care about each other and those we serve. We believe that we are Better Together because we foster an inclusive environment of respect, belonging, and access for all. We demonstrate Courageous Integrity through setting exceptional standards and acting in the best interest of our communities. We are encouraged to Be Curious about opportunities for learning, creating, discovering, and innovating, and are encouraged to learn from failure. Show Your Fire by joining our team and exhibiting your passion and pride in your work as part of our UNT System team.   The University of North Texas System and its component institutions are committed to equal opportunity and comply with all applicable federal and state laws regarding nondiscrimination and affirmative action. The University of North Texas System and its component institutions do not discriminate on the basis of race, color, sex, sexual orientation, gender identity, gender expression, religion, national origin, age, disability, genetic information, or veteran status in its application and admission processes, educational programs and activities, and employment practices.   UNT and the G. Brint Ryan College of Business The University of North Texas is a Carnegie R1 national research institution located in the vibrant and rapidly expanding Dallas-Fort Worth metropolitan area and is situated near DFW International Airport. University enrollment is over 45,000 students with more than 6,500 graduate students. The G. Brint Ryan College of Business is accredited by AACSB International. Please visit our website ( https://cob.unt.edu ) to learn more about the G. Brint Ryan College of Business and the University.   UNT’s Department of Logistics and Operations Management The Department of Logistics and Operations Management is part of the G. Brint Ryan College of Business at the University of North Texas. The department provides students with well-rounded, state-of-the-art education in the modern principles of logistics, operations, and supply chain management. We prepare our students for rewarding careers as practitioners and academics, with the help of innovative curriculum, dynamic programs, and research labs and centers. The department consists of 12 tenured-track and 8 professional faculty and offers undergraduate, master’s and doctoral degrees. Our faculty is characterized by excellence in teaching, outstanding basic and applied research, and leadership in professional organizations.   UNT has a highly diverse campus with a wide range of languages spoken in addition to English. We welcome candidates who have experience with HSI/MSIs and/or who speak Spanish, Vietnamese, American Sign Language, Chinese (Cantonese, Mandarin and other variations), Arabic, Tagalog, Farsi, French, or/and Yoruba.   The Department of Logistics and Operations Management, at the University of North Texas G. Brint Ryan College of Business, invites applications for appointment as the G. Brint Ryan Chair in Logistics and Supply Chain Management.   The Position This is a full-time, endowed, tenured position at the Full Professor level. The appointee is expected to have an internationally recognized research record, pursue continuing research and scholarship, and provide expertise, innovation, and leadership to the logistics and supply chain management program’s overall strategy, plans to achieve this strategy, and ultimately the program’s ability to execute to these strategic goals and objectives. This appointee will provide leadership to advance UNT’s nationally recognized logistics and supply chain program. The primary focus of the selected individual’s research interest would fall within logistics and supply chain management as broadly defined, with possible secondary focus in related fields. The G. Brint Ryan Chair will be an enthusiastic and motivational scholar who will work closely with our constituencies and will marshal resources to help develop a successful and recognized logistics and supply chain management program and exercise leadership in the development of graduate and undergraduate programs of study and research.   Successful Candidate The successful candidate will demonstrate a commitment to effective teaching, research and preparing students for success in a multicultural business environment. Duties will be comprised of a balance of teaching, research and service, including the following: Teaching logistics and supply chain management and related courses at the bachelor’s, master’s and doctoral levels on the Denton campus and off-site locations (face-to-face, online, and/or blended). Conducting and collaborating on high quality logistics and supply chain management research and publishing in top-tier journals. Mentoring and publishing with logistics and supply chain management doctoral students and Working with doctoral, masters and undergraduate students to assist with career Participating in departmental, college and university service.   Minimum Qualifications: A doctoral degree in logistics, supply chain management, transportation or closely related field from an AACSB accredited institution. Status as academically qualified, under both SACS and AACSB standards, to teach at both the undergraduate and graduate levels. Distinguished record of research, teaching and service in logistics and supply chain management. Preferred Qualifications Record of leadership in logistics and supply chain teaching and Evidence of collaborative research and publications with leading logistics and supply chain Record of editorial positions in leading logistics and supply chain Record of mentoring doctoral students in logistics and supply chain Demonstrated ability to chair dissertations and place doctoral Demonstrated leadership in mentoring and working collaboratively with Record of professional involvement with major professional organizations in the discipline of logistics and supply chain. Ability to work collaboratively with external organizations and stake Ability to foster partnerships with industry professionals and corporations. Special Instructions to Applicants All applications must be submitted electronically, through the UNT online system. Questions may be directed to the Search Committee Chair, Dr. Ila Manuj (Ila.Manuj@unt.edu). Quicklink for posting https://jobs.untsystem.edu/postings/77474
  • Chicago, Illinois, Quinlan School of Business Loyola University Chicago Two tenure-track Assistant/Associate Professor Positions in Supply Chain Management The Information Systems and Supply Chain Management (ISSCM) Department of Loyola University Chicago’s Quinlan School of Business solicits interest from candidates for two faculty appointments in Supply Chain Management beginning in Fall, 2024.  We welcome applications from candidates with all areas of expertise and interest in operations and supply chain management . Both positions are tenure-track with one at the Assistant level and the other at the Associate level. Responsibilities: Quinlan tenure-track faculty engage in impactful teaching, high-quality research, service to the profession, school, and share a strong commitment to and understanding of the University’s mission. We seek candidates who are or will become established leaders in operations and supply chain management. Candidates should demonstrate a strong research agenda and pipeline. We particularly welcome those with research and teaching interests that include sustainability, demand modeling and pricing, or dynamic and stochastic optimization. We seek scholars who can support the academic undergraduate, and master’s level curriculum in supply chain management and operations, and industry-focused supply chain related activities. Quinlan’s reputation in Supply Chain Management in both academic and industry communities is growing. On the academic side, Quinlan offers a Master of Science in SCM that is ranked #17 by US News and World Report. Along with internationally recognized and award-winning faculty, Quinlan has served as host for major supply chain-related academic events. On the industry side, Quinlan houses a Supply Chain and Sustainability Center, opened in 2013, that currently has over 40 corporate members. This center hosts multiple industry-focused supply chain events and offers numerous opportunities for faculty to engage with industry in activities related to applied research and academic curriculum and program development.  For more information about the academic curriculum in supply chain management and the Supply Chain and Sustainability Center, please see: https://catalog.luc.edu/undergraduate/business/supply-chain-management-bba/ , https://catalog.luc.edu/graduate-professional/business/supply-chain-management-ms/ , and https://www.luc.edu/supplychaincenter/ Required Qualifications: Earned Ph.D. or DBA in a field such as Supply Chain Management, Operations Management, Industrial Engineering, or Operations Research. Established record of ongoing research activities in the field. For the position at the Assistant level, candidates completing a Ph.D. by Fall 2024 are preferred but ABDs will be considered. Demonstrated teaching effectiveness and experience developing curriculum. Other Information The Quinlan School of Business at Loyola University Chicago is an AACSB-accredited institution and presently has about 2,000 undergraduate and over 500 graduate students, 95 full-time faculty, and six endowed chairs. Quinlan is housed in the Schreiber Center, a LEED Gold-certified building completed in 2015 and designed to support the school’s work to prepare high quality business leaders. Located less than a mile from Chicago’s Loop and two blocks from the Magnificent Mile, Loyola’s Quinlan School of Business sits in the heart of Chicago, a world-class destination for commerce and culture. Quinlan’s location provides close connections to Chicago’s business community. Loyola University Chicago is also part of an international network of Jesuit Catholic educational institutions. The School supports an undergraduate business curriculum, including a major and minor in supply chain management, an evening MBA program with both full-time and flex-time students, an EMBA and other executive education programs, and seven specialty master’s programs. Quinlan’s undergraduate business  program was ranked #1 in Chicago ( U.S. News & World Report ) and multiple graduate programs are in the top 25 ( U.S. News & World Report ). As a Jesuit Catholic institution of higher education, we seek candidates who will contribute to our mission and deliver a Transformative Education in the Jesuit tradition. Loyola University Chicago is the school of choice for those who wish to seek new knowledge in the service of humanity in a world-renowned urban center as members of a diverse learning community that values freedom of inquiry, the pursuit of truth and care for others. Our mission reflects ‘preparing people to lead extraordinary lives.’ To learn more about the LUC mission, consult our website at www.luc.edu/mission/ . For information about the university’s focus on transformative education, consult our website at www.luc.edu/transformativeed .   Application Deadline:   The position is open until filled. Position begins in Fall 2024. The committee will begin reviewing applications immediately.   Required documents: Cover Letter Curriculum Vitae Research Statement Teaching Philosophy Diversity Statement (max. 300 words; see prompt) References (3)   In the cover letter, please describe area of research and preferred courses to teach.   For the diversity statement, please use the following prompt: How has your research, teaching, and/or service addressed issues of diversity and inclusion, and how do you envision implementing future actions to demonstrate commitment to diversity and inclusion? The diversity statement should be no more than 300 words. In the application materials, the candidate should also provide the names and email addresses of three individuals prepared to speak to their professional qualifications for this position. Referees will not be contacted immediately but might be at subsequent points in the review process.   References will not be contacted immediately, but potentially later, in the review process. In general, the committee encourages candidates to be mindful of the length of the documents in their application, particularly documents regarding their research statement and teaching philosophy.   Application Process: This position is open until filled. Review of applications will begin immediately. Candidates should submit the full application through the application portal at:  www.careers.luc.edu/ . Note there are different links below for the different positions.   Assistant professor position: https://www.careers.luc.edu/postings/26816 Associate professor position:  https://www.careers.luc.edu/postings/26826 For additional information, please contact: Mike Hewitt, PhD Professor Ralph Marotta Endowed Chair in Free Enterprise Executive Director, Loyola Business Leadership Hub Faculty Director, Supply Chain and Sustainability Center Quinlan School of Business Loyola University Chicago E-mail: mhewitt3@luc.edu
  • Al Ain, United Arab Emirates, The Operations Research & Statistics group of the United Arab Emirates University seeks to hire a post-doctoral researcher for a period of 1 year (with a possibility of extension) to start as soon as possible. The post-doctoral researcher is expected to collaborate in an ongoing funded research project on stochastic inventory management and optimization. The position is for a period of 1 year, but it may be extended for another 6 to 12 months. Minimum qualifications: A PhD in Industrial Engineering, Operations Research, Applied Mathematics, Management Science or a related field; Excellent programming skills (preferably Matlab); Expertise in mathematical modeling, analysis, and stochastic optimization; Research experience both in modeling and in applying heuristics and exact solution methods; Ability to work both independently and within a team; Good verbal and written communication skills (in English). Salary and conditions: This position is available for 1 year and will start as soon as a candidate has been recruited. The selected candidate will receive a very competitive monthly salary, which includes a housing allowance and health insurance. If the candidate comes from abroad, then one return ticket will also be offered. Application: Your application should include a detailed CV, a cover letter describing your experience and research interests related to the position, and contact details of three references. Review of applications starts immediately, and the position will remain open until a successful candidate has been found. For more details and questions, please send an email to y.boulaksil@uaeu.ac.ae .
  • China, Chair Professor/Professor/Associate Professor/Assistant Professor in Systems Engineering City University of Hong Kong The Department of Systems Engineering (SYE) at City University of Hong Kong aspires to be a centre of excellence in research and education in intelligent systems and smart manufacturing.  According to a recent study by Stanford University, six of our faculty members were among the top 2% of most highly-cited scientists of the world, reflecting the high academic standard of our faculty and our excellent research performance. SYE is looking for talents in all areas related to systems engineering, including operations research, stochastic optimization, reliability and quality, and applications in smart manufacturing. We are particularly interested in individuals who develop new and creative approaches based on operations research, artificial intelligence, machine/deep learning or similar methodologies, to improve the design and performance of future manufacturing systems. Exceptional young researchers from diverse academic backgrounds with the potential to become world-class scholars and academic leaders will be considered for appointment under the Presidential Assistant Professors Scheme. Successful candidates will receive an attractive and comprehensive package. Duties :   Teach undergraduate and postgraduate courses, supervise students and undertake scholarly activities (including course development/revamping).  The appointees will also be assigned to take up administrative duties to facilitate the development of the Department, the College and the University. Requirements :   A PhD in systems engineering or related areas with an excellent research record and strong teaching ability.  Good academic credentials and excellent communication skills are required. Salary and Conditions of Service  Remuneration package will be driven by market competitiveness and individual performance.  Excellent fringe benefits include gratuity, leave, medical and dental schemes, and relocation assistance (where applicable).  Initial appointment will be made on a fixed-term contract. Information and Application Further information on the posts and the University is available at http://www.cityu.edu.hk, or from the Department of Systems Engineering, City University of Hong Kong, Tat Chee Avenue, Kowloon Tong, Hong Kong (email : sesearch@cityu.edu.hk). To apply, please submit your curriculum vitae through the website: https://www.cityu.edu.hk/hro/en/job/current/academic.asp?ref=uac-a508 .  Nominations can be sent directly to the Department (email: sesearch@cityu.edu.hk ).  Applications and nominations will be considered until the positions are filled.   Only shortlisted applicants will be contacted; and those shortlisted for the post of Assistant Professor will be requested to arrange for at least 3 reference reports sent directly by the referees to the Department, specifying the position applied for.  The University's privacy policy is available on the homepage.
  • Brooklyn, New York, The Department of Finance and Risk Engineering at the NYU Tandon School of Engineering invites applications for a tenure track Assistant Professor, to start on September 1, 2024 . The FRE department hosts the Master of Science degree in Financial Engineering, which is consistently among the top ranked programs worldwide. Our faculty, students and alumni tackle theoretical and practical challenges in financial engineering. FRE is currently expanding the research team in view of developing a doctoral program in collaboration with other departments. We are looking to hire in all areas of mathematics applied to financial engineering and decision modeling for economics and finance. Areas of interests include stochastic analysis, optimization, control and game theory, statistics and data science. You should have a Ph.D. degree in applied mathematics, or a closely related discipline, with a demonstrated experience and a clear knowledge of current challenging problems in financial engineering and decision modeling. We seek individuals who have the potential to develop a strong record of scholarship, leadership, curricular innovation, entrepreneurship, and an excellent funding record. You should demonstrate potential for excellence in research, teaching and mentoring.   Application Instructions: Please submit the following materials electronically through interfolio :  http://apply.interfolio.com/133729 Cover letter Current CV Research Statement Teaching statement A statement of your experience with or knowledge of inclusion, diversity, equity, and belonging efforts and your plans for incorporating them into your teaching, research, mentoring, and service. Recent teaching evaluations (if available) Names and contact information for three references. We will review applications beginning on November 1 st 2023 , and will continue until we fill the position. We encourage you to submit early. Should you have any questions please contact Professor Nizar Touzi, Nizar.touzi@nyu.edu . In compliance with NYC’s Pay Transparency Act, the annual base salary (for 9-month) range for this position is $125,000 - $195,000 for the Assistant Professor rank. New York University considers factors such as (but not limited to) scope and responsibilities of the position, candidate’s work experience, education/training, key skills, internal peer equity, as well as market and organizational considerations when extending an offer About Us New York University (NYU) is one of the top private universities in the United States, and NYU Tandon School of Engineering traces its roots back to 1854, building on an illustrious past as Brooklyn Poly and the NYU Polytechnic School of Engineering. Our mission is to excel in research, teaching, and entrepreneurship and inspire and educate engineers for the 21st century — backed by an historic commitment of $1 billion to recruit new faculty, fuel groundbreaking basic and applied research in key areas, and expand the Downtown Brooklyn campus. NYU Tandon faculty are world renowned leaders in science and technology, with a strong commitment to research, innovation, and entrepreneurship that make a difference in the world. We lead and have ties to multidisciplinary centers in wireless technology, cybersecurity, urban informatics, data sciences, artificial intelligence, renewable energy, and health, among others. Our faculty and students are part of the high-tech start-up culture in New York City and in downtown Brooklyn, and we support three “future lab” business incubators that connect our students and faculty to today’s innovation economy. We are deeply committed to teaching and learning, and with NYU's unrivaled global network of campuses, we promote a truly global engineering education. NYU Tandon is committed to substantially increase the proportion of our faculty from historically underrepresented groups in STEM and we encourage candidates from such groups to apply. We aspire to create a climate where diversity and inclusion are not only appreciated but considered an asset for creativity and innovation, and we seek faculty who have a real passion for a culturally diverse environment.  We take pride in our high numbers of female students and students who are the first in their family to go to college. NYU belongs to the Higher Education Recruitment Consortium (HERC), which assists with dual-career searches, and our faculty are supported by a range of work-life balance programs provided by the NYU Office of Work Life . NYU is an Equal Opportunity Employer and is committed to a policy of equal treatment and opportunity in every aspect of its recruitment and hiring process without regard to age, alienage, caregiver status, childbirth, citizenship status, color, creed, disability, domestic violence victim status, ethnicity, familial status, gender and/or gender identity or expression, marital status, military status, national origin, parental status, partnership status, predisposing genetic characteristics, pregnancy, race, religion, reproductive health decision making, sex, sexual orientation, unemployment status, veteran status, or any other legally protected basis. Women, racial and ethnic minorities, persons of minority sexual orientation or gender identity, individuals with disabilities, and veterans are encouraged to apply for vacant positions at all levels. NYU aims to be among the greenest urban campuses in the country and carbon neutral by 2040. Learn more at nyu.edu/sustainability  

Stochastic Systems Articles

Recent Shared Files

No Data Found

Either the content you're seeking doesn't exist or it requires proper authentication before viewing.

MOST ACTIVE MEMBERS