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.

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

  • Falls Church, Virginia, Position Background and Scope This position will lead of a small team to provide direct analytic support to regional decision makers within Navy Medicine. Each region has an independent team, but teams will coordinate with headquarters and across regions to ensure knowledge, learning, and best practices are shared across the organization. Analytic efforts may include modeling, statistical inference, machine learning, data visualization and dashboard development. Position Summary and Responsibilities TBE is seeking an analytics professional to lead a team supporting analytics efforts within Navy Medicine. Responsibilities include, but are not limited to: Work closely with customers, managers, and technical team to define program scope, goals, and deliverables Direct and work with a team to develop long term analysis products Direct and work with a team to respond to ad hoc requests for specific analysis (short term) Prepare and present project communications for customers and key stakeholders Provide leadership for multi-disciplinary teams in a collaborative environment Author technical reports and review team products for consistency and accuracy Qualifications This position requires the ability to obtain a DoD Security Clearance to the level of "Secret" Education and/or Experience Requires a B.S. degree in Industrial Engineering, Operations Research, Mathematics, Statistics, Economics, Data Science, Analytics, or related analytic field. Minimum fifteen (15) years of applicable professional experience, including minimum five (5) years in a supervisory position Superb communication skills with the ability to elicit goals, needs, and outcomes with leaders at all levels across different functions and organizations Highly Desirable Skills and Characteristics M.S. degree in Industrial Engineering, Operations Research, Mathematics, Statistics, Economics, Data Science, Analytics, or related analytic field Demonstrated experience leading analytic projects Demonstrated success in customer-facing roles with frequent stakeholder interactions at all levels 5+ years of direct experience applying operations research, statistics, or data science techniques to develop analysis products Solid foundational knowledge of analytic techniques (statistics, queueing theory, probability, mathematical optimization, machine learning, systems engineering, decision analysis, etc.) Proficiency in one or more programming languages commonly used in analytics (Python, R, Julia etc.) Advanced data visualization experience to clearly communicate relationships among complex data Familiarity with cloud environments (AWS, Azure) Familiarity with software development life cycles and principles Experience working within the Department of Defense Experience working within the Military Health System Citizenship Requirements Due to classified work at the facility and related access restrictions, successful applicants must maintain U.S. Citizenship to allow the person to hold a U.S. Government security clearance.
  • Philadelphia, Pennsylvania, Utility Engineer University Overview The University of Pennsylvania, the largest private employer in Philadelphia, is a world-renowned leader in education, research, and innovation. This historic, Ivy League school consistently ranks among the top 10 universities in the annual U.S. News & World Report survey. Penn has 12 highly-regarded schools that provide opportunities for undergraduate, graduate and continuing education, all influenced by Penn's distinctive interdisciplinary approach to scholarship and learning. Penn offers a unique working environment within the city of Philadelphia. The University is situated on a beautiful urban campus, with easy access to a range of educational, cultural, and recreational activities. With its historical significance and landmarks, lively cultural offerings, and wide variety of atmospheres, Philadelphia is the perfect place to call home for work and play. The University offers a competitive benefits package that includes excellent healthcare and tuition benefits for employees and their families, generous retirement benefits, a wide variety of professional development opportunities, supportive work and family benefits, a wealth of health and wellness programs and resources, and much more. Posted Job Title Utility Engineer Job Profile Title Engineer Job Description Summary The Division of Facilities and Real Estate Services (FRES) provides the expertise, business process, policies and standards required to plan, design, construct, operate, maintain and renew the physical assets of the University, excluding the health system. In addition, the Division, comprised of approximately five Departments, is responsible for the strategic planning, management and operation of non-academic University property, and collaborating with the neighborhood to create a safe, diverse and economically vibrant destination. With close to 12M square feet of space, FRES maintains 186 buildings on a campus of 276 acres, completes over 60,000 maintenance requests per year, and starts approximately 250 projects a year. FRES is comprised of the following Departments: Administration, Office of the University Architect, Design and Construction, Real Estate, Operations and Maintenance. The University of Pennsylvania is implementing a campus transformation entitled Penn Connects ( http://www.pennconnects.upenn.edu ). This comprehensive, award winning effort is expanding the campus over the next 20 years, including the construction of new academic research and recreational facilities. In addition, the University has secured $300M in Century Bond funding and continues to upgrade existing facilities over the coming years. https://www.facilities.upenn.edu/ Job Description Utility Engineer The Utility Engineer is responsible for managing the data and information related to utilities serving the University of Pennsylvania campus. The utilities include steam, chilled water, electricity, natural gas, water, and stormwater. The utility engineer manages the utility data from bills, campus owned meters, utility owned meters, and other sources in support of internal billing, budgeting, energy conservation efforts, and other activities. The utility engineer will manage contracts related to meter calibration and meter repair as well as interact with the University trades to ensure University owned meters are providing accurate readings. The utility engineer will also perform contract management related to utility supply contracts and monitor/respond to PUC activities. The Utility Engineer will also provide program management for Penn's Load Serving Entity in the form of compliance filings, renewable energy purchases and accounting, energy data submissions, regulatory monitoring, and consultant management. The utility engineer will prepare and submit applications for energy rebates (e.g. PA Act 129) and stormwater credits. Qualifications Bachelor's Degree in Engineering and 5 to 7 years of engineering experience or an equivalent combination of education and experience required. Demonstrated proficiency managing, manipulating and analyzing large amounts of numerical data using spreadsheets and other computer based analytic software is required. Experience utilizing enterprise wide software systems including SCADA systems, Building Management Systems and Financial Management Systems is required. Additionally, experience with computer networking technology and cloud-based data storage and management systems is highly desired. Familiarity with building controls, utility meters, and an understanding of energy markets and utility billing procedures are desired. Job Location - City, State Philadelphia, Pennsylvania Department / School Facilities and Real Estate Services Pay Range $59,703.00 - $113,435.00 Affirmative Action Statement Penn adheres to a policy that prohibits discrimination on the basis of race, color, sex, sexual orientation, gender identity, religion, creed, national or ethnic origin, citizenship status, age, disability, veteran status, or any other legally protected class. Special Requirements Background check required after a conditional job offer is made. Consideration of the background check will be tailored to the requirements of the job. To apply, visit https://wd1.myworkdaysite.com/en-US/recruiting/upenn/careers-at-penn/job/Left-Bank-Facilites--Real-Estate-Services/Utility-Engineer_JR00029050-1 Copyright ©2017 Jobelephant.com Inc. All rights reserved. Posted by the FREE value-added recruitment advertising agency jeid-4e68b28bae6af343a219a0b9df6e6db9
  • Norfolk, Virginia, Position Summary and Responsibilities Position Background and Scope This position will lead a small team to provide direct analytic support to Naval Medical Forces Atlantic in Norfolk, VA. The team will coordinate with analytic teams supporting other regions and headquarter regions to ensure knowledge, learning, and best practices are shared across the organization. Analytic efforts may include modeling, statistical inference, machine learning, data visualization and dashboard development   Position Summary and Responsibilities TBE is seeking an analytics professional to lead a team supporting analytics efforts within Navy Medicine. Responsibilities include, but are not limited to: Work closely with customers, managers, and technical team to define program scope, goals, and deliverables Direct and work with a team to develop long term analysis products Direct and work with a team to respond to ad hoc requests for specific analysis (short term) Prepare and present project communications for customers and key stakeholders Provide leadership for multi-disciplinary teams in a collaborative environment Author technical reports and review team products for consistency and accuracy Qualifications This position requires the ability to obtain a DoD Security Clearance to the level of "Secret"   Education and/or Experience Requires a B.S. degree in Industrial Engineering, Operations Research, Mathematics, Statistics, Economics, Data Science, Analytics, or related analytic field. Minimum fifteen (15) years of applicable professional experience, including minimum five (5) years in a supervisory position Superb communication skills with the ability to elicit goals, needs, and outcomes with leaders at all levels across different functions and organizations Highly Desirable Skills and Characteristics M.S. degree in Industrial Engineering, Operations Research, Mathematics, Statistics, Economics, Data Science, Analytics, or related analytic field. Demonstrated experience leading analytic projects Demonstrated success in customer-facing roles with frequent stakeholder interactions at all levels 5+ years of direct experience applying operations research, statistics, or data science techniques to develop analysis products Solid foundational knowledge of analytic techniques (statistics, queueing theory, probability, mathematical optimization, machine learning, systems engineering, decision analysis, etc.) Proficiency in one or more programming languages commonly used in analytics (Python, R, Julia etc.) Advanced data visualization experience to clearly communicate relationships among complex data Familiarity with cloud environments (AWS, Azure) Familiarity with software development life cycles and principles Experience working within the Department of Defense Experience working within the Military Health System Citizenship Requirements Due to classified work at the facility and related access restrictions, successful applicants must maintain U.S. Citizenship to allow the person to hold a U.S. Government security clearance.
  • Denver, Colorado, REGIONAL TRANSPORTATION DISTRICT CHIEF ADMINISTRATION OFFICER ABOUT RTD Located in Denver, Colorado, the Regional Transportation District (RTD) is the region’s public transit agency created in 1969 by the Colorado General Assembly, connecting Denver residents through an affordable, safe, clean, reliable, accessible, and customer friendly community-oriented transportation network. As a nationally recognized leader, RTD provides public transit services, including rail, bus, access, and shuttle services across 2,400 square miles to 40 municipalities (3.1 million people) within eight counties including Boulder, Broomfield, Denver, Jefferson and parts of Adams, Arapahoe, Douglas and Weld counties. RTD is governed by a 15-member, publicly elected Board of Directors each serving a four-year term. The region prides itself on innovation, inclusion, multi-culturalism, diversity, and environmental sustainability and RTD’s vision is to further enhance the region’s quality of life as well as to augment the pattern of urban development throughout the region. RTD continues to develop dynamic programs to benefit both business and the community it serves, making RTD an important cornerstone for the Denver community. In 2004, RTD embarked upon the nation’s largest public transportation capital expansion program. RTD has been steadily working on its commitment to deliver on this voter-approved program, known as FasTracks. While, circumstances have changed and budgets have been stressed with economic events occurring such as the 2008 recession, in 2019, RTD embarked upon a two-year “Reimagine RTD” effort. Even with this effort underway, uncertainties still exist with COVID-19 and other unforeseen factors arising.   As such, RTD is continuously listening to its communities’ needs and striving to find necessary funding and cost savings that will support creative transit solutions to uphold its commitment to provide safe, timely, affordable, convenient, accessible and equitable transit solutions to the entire region. By reimaging transit and creating a new vision, RTD is committed to supporting the economic engine that the greater Denver region has become while also being a key partner in social, economic, environmental, and sustainable development programs.   More details about RTD can be obtained by visiting the Agency’s website at www.rtd-denver.com .   SCOPE AND RESPONSIBILITIES The Chief Administration Officer (CAO) provides leadership and strategic direction to administrative areas of the business including but not limited to human resources, procurement, audit, civil rights, and information technology. The CAO is a member of the senior leadership team and is responsible for encouraging a creative, innovative, and transformative environment by leading and directing the business and administrative operations of the agency. The successful candidate will collaborate with other leaders to challenge the status quo, implement new ideas, strategies, systems, technologies, and best practices, and ensure strategic alignment across the organization. The responsibilities of the CAO include the following: Partner with senior executives and department managers to conduct detailed assessments of RTD’s business and decision-making processes, administrative and support systems, and internal reporting relationships. Evaluate and assess current and future needs, identify areas for improvement, and develop a strategic plan to address and implement new technologies, tools, internal and external policies, and best practices. Empower departmental leaders to implement creative solutions and deliver the best possible services. Provide expertise across policy, administration, and personnel-related issues. Plan and implement large-scale organizational change efforts on behalf of the General Manager/CEO. Conduct and direct the preparation of analytical studies and special projects to improve the performance and operations of assigned departments. Foster, instill, and encourage an agency-wide culture that prides itself on performance improvement and excellence in internal and external operations and customer service. Serve as a liaison to facilitate interdepartmental communication and ensure the alignment of strategic priorities across the agency. Assist in the preparation, evaluation, and administration of a large, complex budget. Monitor and continually reevaluate best practices, technologies, methods and procedures for staffing and service delivery to maximize efficiency and maintain excellent services. Advocate on behalf of assigned departments to ensure the appropriate allocation of resources in order to effectively conduct business. Negotiate and resolve sensitive and controversial issues thoughtfully and diplomatically. Serve as a subject matter expert to the General Manager/CEO as well as Boards, commissions, and committees on all administrative aspects of the agency. Make clear, concise, effective, and engaging presentations to the General Manager/CEO and the Board on agency performance, objectives, and operations; prepares and presents staff reports and other necessary correspondence. Attend and participate in professional group meetings and stay abreast of new trends, legislation, and innovations in the field of transit, administration, human resources, procurement, and information technology. Recruit, empower, mentor, and manage a diverse and inclusive staff that reflects the community and RTD’s customers. Conduct performance reviews and hold employees accountable for their performance. Perform other job-related duties as assigned or directed.   KNOWLEDGE, EXPERIENCE, SKILLS AND ABILITIES: The ideal candidate will have the following knowledge, experience, skills, and abilities: Experience leading administrative departments in a large, complex organization which may include human resources, procurement, audit, civil rights, and information technology among other areas.   Experience analyzing, assessing, and reviewing existing programs and practices, determining operational needs, and encouraging and leading change as needed.   Ability to collect, utilize, and analyze data and metrics to evaluate and communicate the effectiveness of departmental and agency-wide programs, services, and operations.   Experience leading strategic planning, internal and external policy development processes that result in the development of new programs, procedures, and technologies that challenge the status quo with the goal of maximizing efficiencies and improve processes.   Knowledge of advanced principles, best practices, and the latest technologies utilized in the administration of a public agency that include human resources, procurement, audit, civil rights, and information technology management.   Experience and understanding of compliance with all related Federal, State, and local laws, codes and regulation including: Title VI and Title VII of the Civil Rights Act of 1964, Davis-Bacon and Related Acts, Equal Employment Opportunity (EEO), Environmental Justice (EJ), Disadvantaged Business Enterprise (DBE), Small Business and Non-Discrimination Program for Subcontracting.   Demonstrated experience and knowledge of contract administration, the preparation of administrative and financial reports, and the preparation and administration of a large, complex budget.   Experience hiring, supervising, training, mentoring, and developing staff, and working effectively with labor unions in a participatory management environment.   Experience representing an organization before Boards of Directors, public officials, external stakeholders, and the public to better understand community concerns and communicate organizational programs and services. Demonstrate skills in analyzing problems, identifying creative solutions, making projections for the consequences of proposed actions, and implementing recommendations in support of agency-wide goals for administration and operations.   Demonstrate an understanding how administrative processes result in better operational support of new and innovative multimodal service delivery methods and techniques.   Exhibit excellent communication skills and the ability to present information to the executive team, board members, and external stakeholders in a way that is concise, clear, and engaging.   Ability to establish and maintain effective positive working relationships with colleagues at all levels and to work across departments to achieve agency-wide goals.   QUALIFICATIONS A bachelor’s degree in business administration, public administration or a closely related field from an accredited college or university is required, as well as, at least six years of executive management experience in the areas of general business administration, human resources, procurement, audit, civil rights, or information technology. A master’s or other advanced degree is preferred.   TO APPLY For additional information or to submit a cover letter and resume, please contact Gregg A. Moser at gmoser@kapartners.com .
  • Denver, Colorado, REGIONAL TRANSPORTATION DISTRICT CHIEF FINANCIAL OFFICER Position Description   ABOUT RTD Located in Denver, Colorado, the Regional Transportation District (RTD) is the region’s public transit agency created in 1969 by the Colorado General Assembly, connecting Denver residents through an affordable, safe, clean, reliable, accessible, and customer friendly community-oriented transportation network. As a nationally recognized leader, RTD provides public transit services, including rail, bus, access, and shuttle services across 2,400 square miles to 40 municipalities (3.1 million people) within eight counties including Boulder, Broomfield, Denver, Jefferson and parts of Adams, Arapahoe, Douglas and Weld Counties. RTD is governed by a 15-member, publicly elected Board of Directors each serving a four-year term. The region prides itself on innovation, inclusion, multi-culturalism, diversity, and environmental sustainability and RTD’s vision is to further enhance the region’s quality of life as well as to augment the pattern of urban development throughout the region. RTD continues to develop dynamic programs to benefit both business and the community it serves, making RTD an important cornerstone for the Denver community. In 2004, RTD embarked upon the nation’s largest public transportation capital expansion program. RTD has been steadily working on its commitment to deliver on this voter-approved program, known as FasTracks. While, circumstances have changed and budgets have been stressed with economic events occurring such as the 2008 recession, in 2019, RTD embarked upon a two-year “Reimagine RTD” effort. Even with this effort underway, uncertainties still exist with COVID-19 and other unforeseen factors arising.   As such, RTD is continuously listening to its communities’ needs and striving to find necessary funding and cost savings that will support creative transit solutions in order to uphold its commitment to provide safe, timely, affordable, convenient, accessible and equitable transit solutions to the entire region. By reimaging transit and creating a new vision, RTD is committed to supporting the economic engine that the greater Denver region has become while also being a key partner in social, economic, environmental, and sustainable development programs.   More details about RTD can be obtained by visiting the Agency’s website at www.rtd-denver.com . SCOPE AND RESPONSIBILITIES: The Chief Financial Officer (CFO) provides strategic leadership for RTD’s financial activities including financial planning, budgeting, forecasting, and accounting functions as well as its relationship with lending institutions, payers, and vendors. The CFO works as a key member of the senior leadership team to oversee, direct, evaluate, and transform all financial processes, procedures, and operations. The successful candidate will be responsible for assessing the agency’s financial activities and working with leadership to implement policies and procedures to improve financial processes to maximize efficiency and reduce waste. The CFO’s responsibilities will include the following: Engage with leaders in all departments to evaluate existing financial functions, systems, technologies, policies, and procedures to ensure best financial management practices are being utilized throughout the agency.   Monitor agency-wide financial performance by measuring and analyzing data, initiating corrective actions as needed, and putting in place processes to minimize the impact of variances across the organization.   Identify opportunities for increased efficiencies across the organization, innovative financing solutions for existing shortfalls, cost reductions, systems enhancements, and maintaining and strengthening capital reserves.   Meet with members of the senior leadership team on a regular basis to present an overview of RTD’s current financial status.   Consistently review budgets, forecasts, and receivables/revenue to address any shortfalls or gaps.   Work collaboratively with members of the executive leadership team to develop budgets that meet the needs of each department while also balancing and taking into consideration the overall financial needs of the organization.   Utilize data and input from every department to determine the agency’s financial needs and balance those needs with available and potential funding sources.   Provide expertise and leadership to support the development, execution and administration of annual operating and capital budgets.   Encourage innovation across the finance department in identifying and pursuing new grant opportunities, leveraging relationships at the FTA, and developing and identifying strategic financial opportunities, alternative funding methods, and public-private partnerships for RTD.   Work with the Board, its committees, and the GM/CEO to continually evaluate RTD’s long- and short-term financial objectives to develop comprehensive financial plans.   Provide counsel to the GM/CEO and Board of Directors on significant matters affecting agency finances and provide recommendations to strategically enhance financial performance and business opportunities.   Serve as an agency representative when needed before internal and external stakeholders on financial matters.   Prepare, maintain, and present budgets, forecasts, financial statements, and compensation model calculations to the GM/CEO and the Board of Directors on a regular basis.   Prepare financial forecasts and projections to determine the feasibility of new and existing services, facilities, capital projects, programs, joint ventures, legal entities, and other agency initiatives.   Direct financial activities to comply with Federal Transit Administration (FTA) guidelines and all other applicable laws and regulations.   Ensure that all financial systems are up-to-date and accurate to provide transparent and real-time information.   Ensure that RTD is prepared for any and all local, state, and federal audits including Triennial reviews.   Direct and coordinate contracting, reimbursement, accounting and general accounting including general ledger accounting, accounts payable, payroll, claims processing, cash handling and cash management.   Develop clear departmental policies, objectives and strategic priorities and ensure compliance for each management position reporting to CFO.   Provides mentorship, coaching and ongoing performance evaluations to direct reports that encourages growth, succession planning, stability, and longevity within the department.   Direct the hiring, training, supervision, and management of all department staff.   Empower and encourage employees to challenge the status quo, ask insightful questions about why decisions are being made, and seek innovative alternatives when appropriate to increase efficiency, transparency, and productivity in response to RTD’s financial state.   Performs all other job-related duties as assigned or directed. KNOWLEDGE, EXPERIENCE, SKILLS AND ABILITIES: The ideal candidate will have the following knowledge, experience, skills, and abilities. Experience managing financial operations, budgeting, accounting, and funding opportunities for a public transit agency or other large complex organization with a detailed understanding of financial and budgetary practices.   Advanced knowledge of the principles and best practices in financial planning, budgeting, cash flow management, and accounting for a public entity.   Understanding of governmental regulations and reporting requirements as well as the funding and budgeting practices for large capital programs and infrastructure projects.   Demonstrated experience developing annual budgets, analyzing financial data to determine patterns and develop forecasts, preparing financial statements, and performing other quantitative and analytical duties.   Experience identifying and pursuing grant and other innovative and creative funding opportunities.   Ability to evaluate and lead the transformation of existing procedures, practices, systems and technologies as they relate to financial operations in order to maximize profitability, maintain financial stability, and provide high levels of service.   Skill in exercising a high degree of initiative, innovation, judgment, discretion, and decision making to achieve organizational objectives.   Ability to establish and maintain effective working relationships with CEO, Board of Directors, senior leadership, subordinates, peers, and the public, and create a work environment that encourages innovation, motivation, and high performance.   Demonstrated leadership skills managing and delegating responsibilities to staff and empowering employees to achieve departmental and organizational goals by fostering a work environment of respect, inclusion, innovation, and efficiency.   Ability to listen in all situations, challenge the status quo, find creative solutions, and perform well in stressful situations.   Excellent communication skills to convey consistent and clear messages and explain complex financial matters in a way that can be understood by all audiences. QUALIFICATIONS A bachelor’s degree in business administration, public administration, finance, accounting or a closely related field from an accredited college or university is required, as well as at least ten years of executive management experience in accounting, treasury or finance. Transit experience and a high level of understanding related to the Colorado Tax Payers Bill of Rights (TABOR) or similar legislation is preferred. A master’s degree and CPA certification are preferred and professional experience in lieu of an advanced degree may be considered.   TO APPLY For additional information or to submit a cover letter and resume, please contact Gregg A. Moser at gmoser@kapartners.com .  

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

  • photo not available
    Itai Gurvich
    32 Points
  • Debankur Mukherjee
    Debankur Mukherjee
    16 Points
  • photo not available
    Rhonda Righter
    16 Points