SUNMONTUEWEDTHUFRISAT
Events for October 27, 2006
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Optimization Criteria in Dynamic Operations Models: Discounting and Risk Neutrality
Fri, Oct 27, 2006 @ 10:30 AM - 12:00 PM
Daniel J. Epstein Department of Industrial and Systems Engineering
University Calendar
Presented by Matt SobelWilliam E. Umstattd Professor, Weatherhead School of Management, Case Western Reserve UniversityThere is overwhelming evidence that people are sensitive to risk, but stochastic optimization model for supply chain management usually presuppose a risk-neutral decision maker. This talk concerns the representation of preferences in dynamic stochastic models. How should joint preferences for risk and timing be represented? This talk explains(a) why the usual representation in economics and finance is logically inconsistent, and (b) how to do it right! The talk briefly indicates the effects of doing it right in the standard dynamic newsvendor models that coordinate operational and financial decisions. Matt Sobel is the William E. Umstattd Professor at the Weatherhead School of Management at Case Western Reserve University. His research interests include stochastic optimization models, coordination of operations with finance and marketing, supply chain management, choices made over time and under uncertainty, environmental management, and entrepreneurship. He is an INFORMS Fellow, and his numerous publications have appeared in all the INFORMS journals. He authored (with Daniel Heyman) the book Stochastic models in Operations Research.10/27/2006 Hoffman Hall 404, 10:30 - 12:00
Location: H. Leslie Hoffman Hall Of Business Administration (HOH) - 404
Audiences: Everyone Is Invited
Contact: Georgia Lum
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Invitation to Healthcare Finance Executive Presentations
Fri, Oct 27, 2006 @ 01:30 PM - 03:30 PM
Daniel J. Epstein Department of Industrial and Systems Engineering
University Calendar
The USC SPPD Health Management & Policy Program is pleased to invite all USC students and faculty to the following executive presentations, to be held in:Ralph & Goldy Lewis Hall (RGL) 100FRIDAY, OCTOBER 27, 2006Session A, 1:30-2:30 pm: Thomas Hennessy, President & CEO Saint Francis Memorial Hospital (SFO), "Report from the Frontlines: Hospital Leadership Today"Session B, 2:30-3:30 pm: Mark Gamble, Regional Vice President, Hospital Association of Southern CaliforniaSATURDAY, OCTOBER 28, 2006Session C, 11:00 a.m.-Noon: LeAnne Trachok, Vice President, Revenue Services, Catholic Healthcare WestAs part of our course, HMGT 565: Managing the Organization's Financial Health, Prof. Patrick Lash has agreed to open these portions of his class to the SPPD and university community. Space is limited! Please RSVP to: shirose@sppd.usc.edu. Please indicate Session A, Session B, Session C or your preferred combination. Business/business casual attire requested. SPEAKER BIOS:Thomas Hennessy currently serves as president and CEO of Saint Francis Memorial Hospital in San Francisco. He has spent more than 20 years in the investor-owned segment of hospital management, including as the head of the European Group for National Medical Enterprises (now known as Tenet Healthcare). He led a research team to Baku Azerbaijan, and led hospitals in Los Angeles, San Diego, Palm Beach and Boston.For the past eight years Mr. Hennessy has worked with Catholic Healthcare West and its 42 hospitals. A "systems" innovator, he was co-director of the CHW productivity project. His work has been instrumental in establishing more effective staffing models critical to CHW's financial viability. He currently acts in interim management roles, having served as president over seven CHW hospitals. Mr. Hennessy received his BS in biological sciences at the University of California at Santa Barbara. After receiving his commission in the US Army he went on to receive a joint degree in business and hospital administration from Cornell University.Mark Gamble, regional vice president of the Greater Los Angeles Area for the Hospital Association of Southern California (HASC) since September 2003, provides leadership in public policy and advocacy programs associated with health care for more than 120 constituent hospitals and health care systems in the greater Los Angeles area.Mr. Gamble has held a variety of positions within HASC since he joined the organization in 1995, allowing him to gain a broad level of experience in health care and association management. He is a member of the Los Angeles Area Chamber of Commerce Healthcare Committee and Rotary International. He was a Big Brother with Big Brothers of Greater Los Angeles for more than 11 years and currently serves on the board of directors for the Wellness Community–Foothills, a support group for cancer patients and their families.A native of Southern California, Mr. Gamble earned his MBA from Woodbury University and his bachelor's degree in business administration from California Lutheran University.Le Anne Trachok is vice president of revenue services for Catholic Healthcare West, the largest not-for-profit hospital chain on the west coast. Headquartered in San Francisco, Catholic Healthcare West has annual net revenues of $6 billion. Ms. Trachok provides strategy, guidance and oversight for the revenue cycle operations for CHW's 42 hospitals across three states. Ms. Trachok has more than 20 years of experience working with healthcare providers and payers to improve financial performance. Prior to joining Catholic Healthcare West in 2002, she was with Andersen Business Consulting, UCLA Medical Center and National Medical Enterprises (now Tenet Healthcare). Her experience includes not-for-profit, for-profit and teaching institutions and crosses hospitals, clinics and physician group practices. During her career she has worked with over 150 entities across the U.S. Ms. Trachok is a graduate of Washington and Jefferson College in Washington, PA.
Location: Ralph And Goldy Lewis Hall (RGL) - 100
Audiences: Everyone Is Invited
Contact: Georgia Lum
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Global Capitalism: The Solution to World Oppression and Poverty
Fri, Oct 27, 2006 @ 06:30 PM - 07:30 PM
Daniel J. Epstein Department of Industrial and Systems Engineering
University Calendar
Presented by Dr. Andrew Bernstein, Professor of Philosophy, Marist CollegeCapitalism is the system of individual rights. The enormous success of capitalism in Asia in the 20th century's second half, and the beginning of its positive impact in contemporary Latin America add to the evidence accumulated in Europe and North America over the past 200 years: capitalism is the system of both freedom and prosperity. Conversely, capitalism's antipode -- statism in any form -- those systems that deny the principle of individual rights, necessitates both political oppression and economic destitution. The purpose of this talk is to show this and why these claims are true. This talk shows that wherever the political/economic system of capitalism is instituted on any continent in any era men's freedom and prosperity are greatly increased. This was as true of 18th century Europe as it is of 21st century Asia. From its earliest days, capitalism raised the poor's living standards and, within a century, eradicated in the Western world the ages-old scourge of child labor. At the turn of the 21st century, the enormous benefits of capitalism are beginning to be reaped in the 3rd World, especially in Asia. As Ayn Rand stated, capitalism is the ideal social system and this talk, based on three years of research for 'The Capitalist Manifesto,' proves it.Date: Fri, Oct 27, 2006
Time: 6:30pm
Location: SALVATORI COMPUTER SCIENCE CENTER (SAL) 101
http://www.usc.edu/about/visit/upc/driving_directions/Contact Info: aynrand@usc.edu,
www.uscobjectivistclub.comBIO: Dr. Andrew Bernstein is a professor of philosophy at Marist College and also lectures at the State University of New York, where he was selected as Outstanding Teacher in 2004. He has given addresses at Harvard, Stanford, West Pont, Northwestern, Carnegie-Mellon, Columbia, the University of Michigan, the University of Chicago, USC, among others. He is a frequent contributor to several major newspapers as well as a frequent radio and TV commentator. He is also affiliated with the Ayn Rand Institute, where he is a Senior Writer and Speaker. He has published several books, including Heart of a Pagan, The Capitalist Manifesto: The Historic, Economic, and Philosophic Case for Laissez-Faire, and Cliffs Notes for Ayn Rand's Atlas Shrugged, The Fountainhead, and Anthem.Location: Henry Salvatori Computer Science Center (SAL) - 101
Audiences: Everyone Is Invited
Contact: Georgia Lum
