INFORMS Open Forum

Systems Analytics Global Leaders' Seminars: Online Seminar by Professor David Simchi-Levi (October 13, Wed)

  • 1.  Systems Analytics Global Leaders' Seminars: Online Seminar by Professor David Simchi-Levi (October 13, Wed)

    Posted 10-11-2021 12:01
      |   view attached

    Dear colleagues and friends,

    It is our great honor to have Professor David Simchi-Levi deliver the coming seminar on Oct 13 Wed 20:00 (HKT UTC +8) / 08:00 (EDT UTC -4). The details of the seminar follow this message and are presented on the attached poster.

    For the upcoming seminars, please visit the website: https://www.saleaders.hku.hk/. For news and announcements, you are welcome to subscribe to the seminar series through the web link.

    We are looking forward to seeing you.

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    Speaker:
    David Simchi-Levi
    Professor of Engineering Systems,MIT
    Head,MIT Data Science Lab

    Editor-in-Chief,
    Management Science

    Date and time:  Oct 13 (Wed), 2021, 20:00 HKT (GMT+8)  [Local time]
    Zoom link: https://hku.zoom.us/j/93965533071       Zoom meeting ID: 939 6553 3071

    Seminar Title:
    Statistical Learning in Operations: The Interplay between Online and Offline learning


    Abstract:
    Traditionally, statistical learning is focused on either (i) online learning where data is generated online according to some unknown model; or (ii) offline learning where the entire data is available at the beginning of the process. In this talk we show that combining both approaches can accelerate learning. First, we show how difficult online learning problems can be reduced to well-understood offline regression problems. Second, we show the impact of pre-existing offline data on online learning and characterize conditions under which offline data helps (does not help) improve online learning. We demonstrate the impact of our work in the context of recommendation systems, multiclass classification problems and dynamic pricing.


    Speaker Bio:
    David Simchi-Levi is a Professor of Engineering Systems at MIT and serves as the head of the MIT Data Science Lab.  He is considered one of the premier thought leaders in supply chain management and business analytics.

    His Ph.D. students have accepted faculty positions in leading academic institutes including U. of California Berkeley, Carnegie Mellon U., Columbia U., Duke U., Georgia Tech, Harvard U., U. of Illinois Urbana-Champaign, U. of Michigan, Purdue U. and Virginia Tech.

    Professor Simchi-Levi is the current Editor-in-Chief of Management Science, one of the two flagship journals of INFORMS. He served as the Editor-in-Chief for Operations Research (2006-2012), the other flagship journal of INFORMS and for Naval Research Logistics (2003-2005).

    In 2020, he was awarded the prestigious INFORMS Impact Prize for playing a leading role in developing and disseminating a new highly impactful paradigm for the identification and mitigation of risks in global supply chains.

    He was the founder of LogicTools, which provided software solutions and professional services for supply chain optimization and became part of IBM in 2009. He co-founded OPS Rules (2012), an operations analytics consulting company, and Opalytics (2014), a cloud analytics platform company focusing on operations and supply chain intelligence. Both companies became part of Accenture.



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    Yong-Hong Kuo
    Assistant Professor
    The University of Hong Kong
    Pokfulam Road
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