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Operations

Charles E. Morrison Professor of Decision Sciences

Professor of Operations

Co-Director of MMM Program

Operations Department, Chair

Portrait of Achal Bassamboo, Faculty at the Kellogg School of Management

Achal Bassamboo is the Charles E. Morrison Professor at Kellogg School of Management, Northwestern University. He is also the co-director of the MMM program which is dual degree program between Kellogg and Segal Design at McCormick School. Professor Bassamboo joined the faculty at the Kellogg School of Management in 2005, after completing his Ph.D. in Operations, Information and Technology at the Stanford Graduate School of Business. His research interests lie in the areas of service systems, revenue management and information sharing. His current research involves designing flexible service systems with a focus on capacity planning and effects of parameter uncertainty. He is also studying credibility (or lack thereof) of information provided by a service provider or a retailer to its customers.

His articles have appeared in leading journals, including Management Science, Manufacturing and Service Operations Management, and Operations Research. Professor Bassamboo was award the 2016 "Young Scholar Award" given by the Manufacturing and Service Operations Management Society for his research. He has served on the editorial boards for Management Science, POMS and Naval Research Logistics. Professor Bassamboo teaches courses on operations management, supply chain logistics, decision models and statistics.

About Achal
Research interests
  • Applied probability and stochastic models; stochastic systems: performance analysis and optimal control; revenue management; operations management; Empricial Operations
Teaching interests
  • Operations management
  • Supply Chain Management
  • Managerial Statistics
  • Ph.D., 2005, Operations, Information, and Technology, Stanford University
    M.S., 2004, Statistics, Stanford University
    B.Tech., 2000, Mechanical Engineering, Indian Institute Of Technology
  • Charles E. Morrison Professor of Decision Sciences, Managerial Economics and Decision Sciences, Operations, Kellogg School of Management, Northwestern, 2016-present
    Professor, Managerial Economics and Decision Sciences, Kellogg School of Management, Northwestern University, 2012-present
    Associate Professor, Managerial Economics and Decision Sciences, Kellogg School of Management, Northwestern University, 2009-2012
    Assistant Professor, Managerial Economics and Decision Sciences, Kellogg School of Management, Northwestern University, 2006-2009
    Donald P. Jacobs Scholar, Managerial Economics and Decision Sciences, Kellogg School of Management, Northwestern University, 2005-2006
    Research and teaching assistant, Stanford University, 2001-2005
  • Finalist for Best OM Paper in Management Science, MSOM Society 2022 for Learning from Inventory Availability Information: Field Evidence from Amazon, published at Management Science
    Professor of the year for core course: PGP Class of 2023 Mohali Cohort, Indian School of Business.
    Finalist for Best OM Paper in Management Science, MSOM Society 2022 for Learning from Inven- tory Availability Information: Field Evidence from Amazon, published at Management Science, MSOM Society
    Sidney J. Levy Teaching Award for an elective course, Kellogg School of Management for 2021-2022.
    Professor of the year for core course: PGPpro Class of 2022, Bengaluru Cohort, Indian School of
    Business.
    Professor of the year for core course: PGP Class of 2022 Mohali Cohort, Indian School of Business.
    Professor of the year for core course: PGP Class Mohali Cohort
    L.G. Lavengood Professor of the Year Nominee for 2021
    Professor of the year for core course: PGPpro Class, Bengaluru & Mumbai Cohorts
    Professor of the year for core course: PGP Class of 2020 Mohali Cohort, Indian School of Business.
    Chair Core Teaching Award
    Finalist for the Service Management SIG Prize, MSOM Society 2019 for "Scheduling Homogeneous Impatient Customers" published at Management Science., MSOM, INFORMS
    Professor of the year for core course: PGPpro Class of 2019 Mohali Cohort, Indian School of Business.
    Professor of the year for core course: PGP Class of 2019 Hyderabad Cohort, Indian School of Business., Indian School of Business
    Professor of the year for core course: PGPpro Class of 2018 Hyderabad Cohort, Indian School of Business., Indian School of Business
    Chair Core Teaching Award, Kellogg School of Business
    MSOM Young Scholar Prize, Manufacturing & Service Operations Management, INFORMS, Researcher under the age of 40
    Second Place, Article, Junior Faculty Interest Group, 2008
    Chairs Core Course Teaching Award, Kellogg School of Management, 2009-2010
    Silver Medal, IIT Delhi
    Third Place, Article, Junior Faculty Interest Group, 2010
  • Associate Editor, Operation Research, 2024
    Senior Editor, POMS, 2016
    Associate Editor, Management Science, 2014
    Associate Editor, Naval Research Logistics, 2009-present

Stochastic Foundations (OPNS-516-0)

The first part of the course covers basic concepts in probability; the second part renewal and regenerative processes including Markov chains; and the last part Martingales and Brownian motion. Throughout, theoretic results are applied to the analysis of queues. Students are expected to have some background in probability (e.g., IEMS 202-0) and stochastic processes; no measure theory background is required.