Georgia Perakis


Georgia Perakis


Georgia Perakis is the William F. Pounds Professor of Management, a Professor of Operations Research/Statistics and Operations Management, and the CoDirector of the Operations Research Center at the MIT Sloan School of Management. She has been on the faculty at MIT Sloan since July 1998.

Perakis teaches courses and performs research on analytics, optimization, dynamic pricing, revenue management, and supply chain, among others. At MIT over the years, she has taught in a variety of programs such as MBA, EMBA, undergraduate, MSc, and PhD programs across MIT. For her teaching, Perakis won the Graduate Student Council Teaching Award in 2002 as well as the Jamieson Prize in 2014 for excellence in teaching and the Teacher of the Year award (among all faculty at the MIT Sloan School) in 2017.In her research, she investigates the theory and practice of analytics. She is particularly interested on how to solve complex and practical problems in pricing, revenue management, supply chains, logistics and energy applications among others. Perakis has widely published in some of the flagship journals of the field such as Operations Research, Management Science, POM, Mathematics of Operations Research, and Mathematical Programming, among others.She has received the CAREER Award from the National Science Foundation and the PECASE Award from the Office of the President on Science and Technology. In 2016, she was elected as an INFORMS Fellow,  a group that recognizes individuals for lifetime achievement to the field. In addition to the above, her work has received recognition with awards such as the TSL Best Paper Award, the Best Paper competition of the Informs Service Science Section several times, as well as Best Application of Theory Award from NEDSI (Northeast Decision Sciences Institute) Conference. Her work on promotions with the Oracle RGBU was a finalist at the Practice Award of the RMP Section of INFORMS in 2015. In addition, her work on predicting demand for new products that was tested with Johnson and Johnson won first place at the Applied Research Challenge Competition in 2018. 

Perakis has a passion for supervising PhD, master’s, and undergraduate students, and builds lifelong relationships with them. So far, she has graduated twenty-one PhD and forty-eight master’s students. In 2012, she received the Samuel M. Seegal Award for inspiring students to achieve excellence.

From 2009 to July 2015, Perakis served as the Sloan faculty CoDirector of the Leaders for Global Operations (LGO, former LFM) Program at MIT (joint program between the Sloan School and the School of Engineering). She has also served as the group head of the Operations Management group at MIT Sloan School from 2010-2017. Currently, she is serving as the faculty director of the Executive MBA (EMBA) program at MIT Sloan.She also currently serves as an associate editor for the flagship journals of the field: Management Science, Operations Research, MSOM, the INFORMS Journal on Optimization, and as a senior editor for POM. She has served as the chair of the RMP Section of INFORMS and as the VP of Meetings of the MSOM Society of INFORMS.Perakis holds a BS in mathematics from the University of Athens, as well as an MS in applied mathematics and a PhD in applied mathematics from Brown University.    


Perakis appointed editor-in-chief for M&SOM journal

INFORMS honors Perakis with four awards

INFORMS awards Perakis for paper

Perakis wins first prize

INFORMS honors Perakis with best paper award

Georgia Perakis chosen as INFORMS Fellow

Georgia Perakis wins INFORMS award


"A Data-Driven Approach to Personalized Bundle Pricing and Recommendation."

Ettl, Markus, Pavithra Harsha, Anna Papush, and Georgia Perakis. Manufacturing and Service Operations Management. Forthcoming. Media Mention: HuffPost.

"Detecting Customer Trends for Targeted Optimized Promotions."

Baardman, Lennart, Setareh Borjian Boroujeni, Tamar Cohen-Hillel, Kiran Panchamgam, and Georgia Perakis. Search Results Web results Manufacturing and Service Operations Management. Forthcoming. Download Paper.

"Strategic Capacity Planning Problems in Revenue Sharing Joint Ventures."

Levi, Retsef, Georgia Perakis, Cong Shi, and Wei Sun. Production and Operations Management Vol. 29, No. 3 (2020): 664-687. Download Paper.

"Designing Sparse Minimum Knapsack Policies: an Application to Supply Chain Procurement."

Levi, Retsef, Georgia Perakis, and Gonzalo Romero (Submitted to Management Science), MIT Sloan Working Paper 6151-20. Cambridge, MA: MIT Sloan School of Management, 2020.

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Predicting customer trends with sales data

The algorithm calculates customer trends and the most effective targeted promotions.

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MIT Sloan professor uses new method to identify consumer demand trends and improve profits

A study by MIT Sloan Prof. Georgia Perakis found not only can consumer trends be predicted, but that they also can be used to optimize targeted promotions and improve profits by an average of 9.4%.

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