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Johannes Knörr received the GOR-Bachelors Award 2017

The Society for Operations Research (GOR) annually awards excellent bachelors graduates for special study performances in Operations Research. This year, Johannes Knörr was awarded for his excellent Bachelor thesis at the chair of Logistics & Supply Chain Management held by Prof. Dr. Stefan Minner.

Under the supervision of Christian Mandl, M.Sc., Johannes Knörr studied “Optimized Data-Driven Commodity Procurement with Derivative Hedging”. Based on mixed-integer linear programming formulations for various traded contract schemes, he investigated the value of Prescriptive Analytics and Big Data (such as economic and environmental indicators) for commodity procurement and hedging decisions under price risk.

After finishing his bachelor’s degree in Management & Technology at TUM School of Management, Johannes Knörr started a master’s studies in the Elite Graduate Program Finance and Information Management (FIM) at TUM and continues to explore the fascinating interface between finance and operations.

The awarding of the prize took place during a seminar of the Research Training Group “Advanced Optimization in a Networked Economy (AdONE)”in Garching. The Research Training Group (RTG) AdONE is jointly hosted by the TUM School of Management , the faculties of Computer Science, and Mathematics at Technical University of Munich (TUM). Since the winter semester 2017/18 the RTG meets regularly every two weeks to impart knowledge in scientific bases and discuss relevant questions regarding the Operations Research and thus foster interdisciplinary teamwork.

 

The post Johannes Knörr received the GOR-Bachelors Award 2017 appeared first on Technical University of Munich – School of Management.

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