Felipe Caro

Associate Professor in Decisions, Operations, and Technology Management

Phone: (310) 206-0416

Fax: (310) 206-3337


Gold Hall, Room B-420


Felipe Caro's CV

Professor Caro joined the UCLA Anderson School of Management in 2005. His main research interests are related to decisions made under uncertainty with a strong emphasis on practical applications. In his PhD dissertation at MIT, he developed analytical models with demand learning for the dynamic assortment problem faced by fast-fashion retailers. This led to an ongoing collaboration with the Spanish apparel retailer Zara that made him a Franz Edelman Laureate in 2009. On the theoretical side, his work on product and price competition with satiation effects won the first prize in the 2010 INFORMS Junior Faculty Paper Competition. Some of his current research projects include carbon allocation in supply chains, coordination of pricing and inventory decisions, forecasting and exploration versus exploitation problems.

Prior to receiving his PhD, Professor Caro worked as an instructor at the Industrial Engineering Department of the University of Chile. He taught courses in Optimization, Dynamic Programming and Stochastic Processes, and worked on research projects involving natural resources, mostly in the forestry and copper industries. He continues to collaborate on a permanent basis with his colleagues in Chile.

At the UCLA Anderson School, Professor Caro teaches the MBA core course on operations and technology management, and doctoral level courses on stochastic models in operations management. In 2007, he was awarded the George Robbins Assistant Professor Award that distinguishes excellence in teaching at the UCLA Anderson School.

See Felipe Caro's website.

Teaching Focus
Operations and Technology Management (Mgmt 410), Global Supply Chain Management (Mgmt 240F), Dynamic Programming (PhD).  

Zara: Staying Fast and Fresh (2012)
This case has been prepared for class discussion and it covers the most recent developments at Zara. The case and its teaching note are available at www.ecch.com reference numbers 612-006-1 and 612-006-8. Winner of the Production & Operations Management award and the New Case Writer competition in the ecch Case Awards 2013. A sample page is available here.

2014 ENRE Best Publication Award in Natural Resources.

2013 Eric and "E" Juline Faculty Excellence in Research Award.

2013 ecch Production & Operations Management Award and New Case Writer Award.

2012 EURO Excellence in Practice Award, Finalist

2012 MSOM Meritorious Service Award

2010 MSOM Meritorious Service Award

2010 INFORMS Junior Faculty Interest Group Paper Competition, First Prize

2010 Revenue Management and Pricing Practice Award, Finalist

2009 Franz Edelman Laureate

2008 Deloitte Consulting Award for Management Field Study Achievement

2007 Robbins Assistant Professor Teaching Award

Media Apperances
See Felipe Caro's website.


Ph.D. Operations Management, 2005, Massachusetts Institute of Technology
Ind. Eng. Industrial Engineering, (Profesional Title) 1999, University of Chile
B.Sc. Industrial Engineering, 1998, University of Chile


Retailing, Supply Chain Management, Bandit Problems, Approximate Dynamic Programming, Natural Resources