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Events for March 27, 2012
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FE Review Session: Fluid Mechanics
Tue, Mar 27, 2012 @ 03:30 PM - 05:00 PM
Viterbi School of Engineering Student Organizations
Student Activity
Professor Lee from the USC Civil Engineering Department will lead a review session on the topics covered in the Fluid Mechanics section of the FE/EIT Exam.
Location: Grace Ford Salvatori Hall Of Letters, Arts & Sciences (GFS) - 229
Audiences: Everyone Is Invited
Contact: Tau Beta Pi
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Epstein Institute Seminar Series / ISE 651 Seminar
Tue, Mar 27, 2012 @ 03:30 PM - 04:50 PM
Daniel J. Epstein Department of Industrial and Systems Engineering
Conferences, Lectures, & Seminars
Speaker: Julie Simmons Ivy, Edward P. Fitts Department of Industrial and Systems Engineering, North Carolina State University
Talk Title: "Patient-based Pharmaceutical Inventory Management - A Two-Stage Inventory and Production Model for Perishable Products with Markovian Demand"
Series: Epstein Institute Seminar Series
Abstract: (Joint work with Dr. Anita Vila-Parrish)
Drug shortages have increased over the past decade, tripling since 2006. According to a recent editorial in the New England Journal of Medicine, these shortages have caused serious concerns about safety, cost, and availability of lifesaving treatments. The implications to patient care as a result of shortages are significant. In a 2010 national survey of 1,800 healthcare practitioners by the Institute for Safe Medication Practices, 25% of clinicians indicated that an error had occurred at their site because of drug shortages.
Pharmaceutical inventory management and patient care are inextricably linked â suboptimal control impacts both patient treatment and the cost of care. The pharmacist serves as the gate keeper of drug distribution by ensuring the accuracy and appropriateness of prescribed medications, but they must also make decisions regarding drug inventory levels and when to produce drugs in response to or in anticipation of patient demand. Pharmacy material managers are challenged with developing inventory policies given changing demand, limited suppliers, and regulations affecting supply.
We study a perishable inventory problem motivated by challenges in pharmaceutical management. Inpatient hospital pharmacies stock medications in two stages, raw material and finished good (e.g. intravenous). While both stages of material are perishable, the finished form is highly perishable. Pharmacy demand depends on the population and patient conditions. We use a stochastic âdemand stateâ as a surrogate for patient condition and develop a Markov decision process to determine optimal, state-dependent two-stage inventory and production policies. We define two ordering and production scenarios, prove the existence of optimal solutions for both scenarios, and apply this framework to the management of Meropenem, an antibiotic.
Biography: Julie S. Ivy
Associate Professor
Edward P. Fitts Department of Industrial & Systems Engineering
North Carolina State University
Fitts Faculty Fellow
Ph.D., Industrial and Operations Engineering, University of Michigan, 1998
M.S., Operations Research, Georgia Institute of Technology, 1992
B.S., Industrial and Operations Engineering, University of Michigan, 1991
Julie Ivy is an Associate Professor at North Carolina State University in the Edward P. Fitts Department of Industrial & Systems Engineering. She previously spent several years on the faculty of the Stephen M. Ross School of Business at the University of Michigan.
Dr. Ivy is actively involved in INFORMS and is a past president of the Health Applications Section of INFORMS. She has co-authored more than twenty journal articles, working papers, and conference proceedings.
Areas of Interest
Dr. Ivy's primary research interests are in the mathematical modeling of stochastic dynamic systems with emphasis on statistics and decision analysis as applied to health care, manufacturing, and service environments. The focus of her research is decision making under conditions of uncertainty with the objective of improving the decision quality. Dr. Ivy's research program seeks to develop novel concepts of maintenance and monitoring policies and associated scientific theories, and apply them specifically to two important application domains: industrial and medical decision making. She has experience in medical decision making as it relates to women's health including studying breast cancer screening and treatment policy development, policies for complex patients, health disparities and modeling of the patient and physician decision problem associated with birth delivery choice.
Host: Daniel J. Epstein Department of Industrial and Systems Engineering
More Information: Seminar-Ivy.doc
Location: Ethel Percy Andrus Gerontology Center (GER) - Room 309
Audiences: Everyone Is Invited
Contact: Georgia Lum
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Evaluating and Negotiating Job Offers
Tue, Mar 27, 2012 @ 05:00 PM - 06:00 PM
Viterbi School of Engineering Career Connections
Workshops & Infosessions
Decision Time! How do you decipher and evaluate job offers? How do you begin the negotiations phase? Attend this workshop and learn helpful tips that will help guide you through the process.
Location: Ronald Tutor Hall of Engineering (RTH) - 211
Audiences: All Viterbi Students
Contact: RTH 218 Viterbi Career Services
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MSC Software Info Session
Tue, Mar 27, 2012 @ 06:00 PM - 08:00 PM
Viterbi School of Engineering Career Connections
Workshops & Infosessions
MSC Software has opportunites for interns and fulltime employees in our nearby Santa Ana, California headquarters. If you bring passion for software development and want to join and elite engineering organization you should be speaking with us. MSC Software customers include the largest and most prestigious makers of cars, trains, planes, heavy equipment, machinery, medical products and defense vehicles and equipment. A global organization of 1,200 employees, we are pioneers in tools for simulation and virtual prototyping. www.mscsoftware.com
Engineerng majors: bring your resume and receive a chance to win a cash prize of $250. Drawing to be held at end of infosession. You must be present to win.
Targeted student audience: BS,MS,PhDLocation: Grace Ford Salvatori Hall Of Letters, Arts & Sciences (GFS) - 106
Audiences: All Viterbi Students
Contact: RTH 218 Viterbi Career Services
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Transitioning from Student to Professional Life
Tue, Mar 27, 2012 @ 06:30 PM - 07:30 PM
Viterbi School of Engineering Career Connections
Workshops & Infosessions
The Aerospace Corporation's Frank Fong, Engineering Manager, will share some lessons learned from his experience working 40+ years in the aerospace industry. He will also discuss engineering registration even for those planning to work in industry. The purpose of this presentation is to help the next generation of engineers get a good start in their careers.
Co-Hosted by Tau Beta PiLocation: Mark Taper Hall Of Humanities (THH) - 102
Audiences: All Viterbi Undergraduate Students
Contact: RTH 218 Viterbi Career Services