Professor of Management Science and Operations Management

James M. Grayson is a tenured Professor of Management Science and Operations at the Hull College of Business at Augusta University.

Professor Grayson brings to the classroom and his research considerable industry experience including about twelve years at Texas Instruments contributing in quality engineering, quality and reliability assurance management, supplier management, subcontractor management, software quality engineering management, statistical consulting, total quality management and participating in a joint venture with Martin Marietta.  He also worked as a Project Manager for an engineering consulting firm and as a Signal Corps officer in the U.S. Army in the United States and Europe.

Professor Grayson's research interests are diverse and range from unique approaches to organizational structure to applying management science methods to financial planning to operations management and quality.  At this time his primary focus is the application of Monte Carlo simulation to improving operations and financial planning.

Professor Grayson received a Bachelor of Science degree from the United States Military Academy at West Point, an MBA with a Marketing emphasis from the University of North Texas, and then a Ph.D. in Management Science with an Information Systems minor also from the University of North Texas.

Honors:  Member, Group Technical Staff (Defense Systems & Electronics Group, Texas Instruments); Phi Kappa Phi Honor Society; Beta Gamma Sigma Honor Society.

Ph.D. (Management Science with Information Systems minor), University of North Texas, 1990; MBA (Marketing), University of North Texas, 1983; BS (Engineering), United States Military Academy, 1975.

Professional Experience

At Augusta Univeristy  (formerly Georgia Regents University) since 1992.

Statistical Consulting, Quality Engineering Management and Supplier Management, Texas Instruments, 1980-1992; Project Manager, I.C. Thomasson Associates Consulting Engineers, 1983-1984; Officer, Army Signal Corps, 1975-1980.

Selected Publications

Organizations

Grayson, James M., George Runger and Nabil Ibrahim.  1996.  Object-Oriented Organizations: Management Insights From Software Principles.  Quality Management Journal, vol 3, issue 4, pp. 66-75.

Lawless, William F. and James M. Grayson.  2003.  A Quantum Perturbation Model (QPM) of Knowledge Fusion and Organizational Mergers.  Lecture Notes in Computer Science, vol 2926, pp. 143-161.

Management Science & Financial Planning

Basciano, Peter, James M. Grayson and James Walton.  2006.  Is the Thirty Year Mortgage Preferable to a Fifteen Year Mortgage?  Financial Counseling and Planning.  Volume 17, Issue 1, pp. 14-21.

Grayson, James M. and Peter Basciano.  2006.  A Spreadsheet for Determining Present Value Breakeven Point for Mortgage Alternatives.  Journal of Personal Finance.  Volume 5, Issue 1, pp. 53-67.

Operations Management and Statistical Tools

Grayson, James M., George Runger and Douglas C. Montgomery.  1995.  Average Sample Size Run Length Performance of the u Chart with Control Limits Based on the Average Sample Size.  Quality Engineering, vol 8, no 1, pp. 117-127.

Schultz, Todd A. and James M. Grayson.  Putting Some Science in Management Science:  Investigating Little’s Law.  International Journal of Information and Operations Management Education, May 2008, Volume 2, Number 3, pp. 302-314.