John Little
Encyclopedia
John Dutton Conant Little (February 1, 1928) is an Institute Professor
Institute Professor
Institute Professor is the highest title that can be awarded to a faculty member at the Massachusetts Institute of Technology, a research university located in Cambridge, Massachusetts, United States...

 at the Massachusetts Institute of Technology.

Born in Boston
Boston
Boston is the capital of and largest city in Massachusetts, and is one of the oldest cities in the United States. The largest city in New England, Boston is regarded as the unofficial "Capital of New England" for its economic and cultural impact on the entire New England region. The city proper had...

, he earned a S.B. in physics
Physics
Physics is a natural science that involves the study of matter and its motion through spacetime, along with related concepts such as energy and force. More broadly, it is the general analysis of nature, conducted in order to understand how the universe behaves.Physics is one of the oldest academic...

 from Massachusetts Institute of Technology
Massachusetts Institute of Technology
The Massachusetts Institute of Technology is a private research university located in Cambridge, Massachusetts. MIT has five schools and one college, containing a total of 32 academic departments, with a strong emphasis on scientific and technological education and research.Founded in 1861 in...

 (1948) and worked at General Electric
General Electric
General Electric Company , or GE, is an American multinational conglomerate corporation incorporated in Schenectady, New York and headquartered in Fairfield, Connecticut, United States...

 (1948–50). His Ph.D.
Ph.D.
A Ph.D. is a Doctor of Philosophy, an academic degree.Ph.D. may also refer to:* Ph.D. , a 1980s British group*Piled Higher and Deeper, a web comic strip*PhD: Phantasy Degree, a Korean comic series* PhD Docbook renderer, an XML renderer...

 on Use of Storage Water in a Hydroelectric System used dynamic programming
Dynamic programming
In mathematics and computer science, dynamic programming is a method for solving complex problems by breaking them down into simpler subproblems. It is applicable to problems exhibiting the properties of overlapping subproblems which are only slightly smaller and optimal substructure...

, and advised by Philip M. Morse
Philip M. Morse
Philip McCord Morse , was an American physicist, administrator and pioneer of operations research in World War II. He is considered to be the father of operations research in the U.S.- Biography :Morse graduated from the Case School of Applied Science in 1926 with a B.S. in physics. He earned his...

, was the first ever awarded in operations research
Operations research
Operations research is an interdisciplinary mathematical science that focuses on the effective use of technology by organizations...

 (1955).
Next, he taught at Case Western Reserve (1957–62) before joining the faculty at MIT (1962) where he since has worked. He was visiting professor at INSEAD
INSEAD
INSEAD is an international graduate business school and research institution. It has campuses in Europe , Asia , and the Middle East , as well as a research center in Israel...

 (1988)

His earlier research in Operations Research
Operations research
Operations research is an interdisciplinary mathematical science that focuses on the effective use of technology by organizations...

 involved traffic signal control, and gave him fame as he formed the Little's law
Little's law
In the mathematical theory of queues, Little's result, theorem, lemma, law or formula says:It is a restatement of the Erlang formula, based on the work of Danish mathematician Agner Krarup Erlang...

 in 1961. It states: "The average number of customers in a system (over some interval) is equal to their average arrival rate, multiplied by their average time in the system." A corollary has been added: "The average time in the system is equal to the average time in queue plus the average time it takes to receive service."
Little is considered to be a founder of marketing
Marketing
Marketing is the process used to determine what products or services may be of interest to customers, and the strategy to use in sales, communications and business development. It generates the strategy that underlies sales techniques, business communication, and business developments...

 science, having conducted fundamental research in models of individual choice behavior, adaptive control of promotional spending, and marketing mix models for consumer packaged goods.
He has also started companies such as Management Decisions Systems and Kana Software. The John D. C. Little Award is awarded annually by INFORMS.

Publications

  • The Use of Storage Water in a Hydroelectric System, Journal of the Operations Research Society of America, Vol. 3, No. 2 (May, 1955), pp. 187–197
  • A Proof for the Queueing Formula: L=λW Operations Research: A Journal of the Institute for Operations Research and the Management Sciences
    Operations Research: A Journal of the Institute for Operations Research and the Management Sciences
    Operations Research was founded after World War II by the Operations Research Society of America , which became part of the Institute for Operations Research and the Management Science . The refereed journal includes studies related to linear programming, optimization, revenue management, and the...

    , 9:383-387 (1961).
  • Models and Managers: The Concept of a Decision Calculus, in Management Science: A Journal of the Institute for Operations Research and the Management Sciences
    Management Science: A Journal of the Institute for Operations Research and the Management Sciences
    Management Science: A Journal of the Institute for Operations Research and the Management Sciences is a peer-reviewed academic journal covering the techniques of operations research and scientific approaches to problems of management, marketing, manufacturing, and related fields...

    , 16(8):466-4855, 1970
  • Decision Support Systems for Marketing Managers (1984)
  • The Marketing Information Revolution (Harvard Business School Press, 1994). With Robert C. Blattberg and Rashi Glazer

Awards

  • National Academy of Engineering
    National Academy of Engineering
    The National Academy of Engineering is a government-created non-profit institution in the United States, that was founded in 1964 under the same congressional act that led to the founding of the National Academy of Sciences...

     electee (1989)
  • Parlin and Converse Awards of the American Marketing Association
    American Marketing Association
    The American Marketing Association is a professional association for marketers. As of 2008 it had approximately 40,000 members. There are 76 professional chapters and 250 collegiate chapters across the United States....

  • Honorary degrees from University of Liège
    University of Liège
    The University of Liège , in Liège, Wallonia, Belgium, is a major public university in the French Community of Belgium. Its official language is French.-History:...

     and University of Mons-Hainaut
    University of Mons-Hainaut
    The University of Mons-Hainaut , in Mons, Wallonia, Belgium, was a university in the French Community of Belgium. Its official language was French....

  • Kimball Medal of the Institute for Operations Research and the Management Sciences
    Institute for Operations Research and the Management Sciences
    The Institute for Operations Research and the Management Sciences is an international society for practitioners in the fields of operations research and management science...

  • Fellow of INFORMS and the American Association for the Advancement of Science
    American Association for the Advancement of Science
    The American Association for the Advancement of Science is an international non-profit organization with the stated goals of promoting cooperation among scientists, defending scientific freedom, encouraging scientific responsibility, and supporting scientific education and science outreach for the...

  • Buck Weaver Award from MIT Sloan School of Management
    MIT Sloan School of Management
    The MIT Sloan School of Management is the business school of the Massachusetts Institute of Technology, in Cambridge, Massachusetts....

    2003.
The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
x
OK