Dr. L. Douglas Smith
Professor of Management Science and
Director of the Center for Business and Industrial Studies
With over 35 years of academic and professional experience, he has served as principal investigator and project director for many sponsored studies in corporate and governmental settings, and as a consultant to major corporations in the United States, Canada and abroad. His sponsored research program has included the development of statistical models for forecasting and risk management in financial institutions, the simulation of service operations for mass transit, the simulation of vessel traffic and lockage operations in the Upper Mississippi River navigation system, the development of computer-based systems for dispatching vehicles in mass transit systems, the construction of analytical models for distribution of petroleum products by pipelines and trucks, the creation of analytical models for manpower planning and scheduling in service operations, strategic planning for municipal information systems, the design of research methodology for testing the integrity of national credit-reporting databases, and survey research for organizations in the public and private sectors.
Smith’s articles appear in numerous journals including Decision Sciences, Journal of the Operational Research Society, Naval Research Logistics, Transportation Research, Journal of Transportation Management, European Journal of Operational Research, International Journal of Production Research, Computers and Operations Research, OMEGA, Information Systems and Operational Research (INFOR), Interfaces, MIS Quarterly, Journal of Management Information Systems, Information and Management, International Review of Retail Distribution and Consumer Research, American Review of Public Administration, Financial Management, Review of Quantitative Finance and Accounting, and Journal of Banking and Finance. He is a former Associate Editor of Decision Sciences and is currently an Associate Editor of the International Journal of Strategic Decision Sciences and the International Journal of Revenue Management.
M.B.A., McMaster University, Hamilton, Canada, 1968
B.Sc. (Physics), McMaster University, 1966
LOM 6350 - Management Science Methods
LOM 5354 - Simulation for Managerial Decision Making
LOM 5312 - Advanced Statistical Methods for Management Decisions
LOM 5381 - International Logistics and Operations Management
LOM 5300 - Statistics for Managerial Decisions
BA 4312 - Business Forecasting
- Areas: Creation and implementation of analytical models and information systems for the solution of managerial problems
- Selected Publications:
- Smith, L.D., Sweeney, D.C, Campbell, J.F., "Simulation of Alternative Approaches to Relieving Congestion at Locks in a River Transportation System", Journal of the Operational Research Society, 2008, in press.
- Smith, L.D., Jin, B., "Modeling Exposure to Losses on Automobile Leases", Review of Quantitative Finance and Accounting, 2007, 29:24`1-266.
- Smith L.D., C. Bilir, V.W. Huang, K. Hung, M. Kaplan, "Citibank Models Credit Risk on Hybrid Mortgage Loans in Taiwan", Interfaces, 35(3), May-June, 2005, 215-229
- Smith, L.D., R.M. Nauss, R.J. Banis, R. Beck, AStaffing Geographically Distributed Service Facilities with Itinerant Personnel@, Computers and Operations Research, Vol. 29 (2002), 2023-2041.
- Smith, L.D., Sanchez, S.M, & Lawrence, E.C., "A Comprehensive Model for Managing Credit Risk on Home Mortgage Portfolios," Decision Sciences, Vol. 27(2), Spring 1996, 291-317.
- Smith, L.D., & Moses, S., "Strategic Planning of Transportation Services for Petroleum Products: An Application of Capacitated Gravity Models," European Journal of Operational Research, Vol 88, 1996, 215-230.
- Smith, L.D., & Lawrence, E.C., "Forecasting Losses on a Liquidating Long-Term Loan Portfolio," Journal of Banking and Finance, Vol 19, 1995, 959-985.
- Smith, L.D., Nauss, R. & Bird, D., "Decision Support for Bus Operations in a Mass Transit System," Decision Sciences, Vol. 21(1), Winter 1990, 183-203.