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Dear Colleagues Please contact Vera Hazelwood (see details below) if you wish to express an interest in the PhD internship below. Best, Kevin Glazebrook. From: Gillian Hoyle [mailto:[log in to unmask]] Sent: 14 June 2010 12:43 To: [log in to unmask] Subject: EPSRC-funded PhD internship opportunity for baysian statisticians Dear Kevin Industrial Mathematics KTN and 5one <http://www.5one.co.uk/> are seeking an academic partner and a PhD student with an expertise in Bayesian statistics for an Industrial Mathematics Internship. Please forward this to colleagues and PhD students who might be interested. 5one(London): Transferred demand in grocery retail <http://www.industrialmath.net/web/?url=Mechanisms/InternshipsFolder/EoI/IP09-030%20%28fiveone%28London%29%20-%20Transferred%20demand%20in%20grocery%20retail%29> Description of proposed work plan The set of products that a retailer stocks in its stores is known as its assortment. Any changes to a store's assortment need to be carefully planned as they could have a major impact on the sales and profitability of the retailer. The loss of any product from the assortment (due to a lack of availability or de-listing) carries a risk of lost sales even if it is replaced by another product and so it is important to understand the impact of change to the assortment. Transferred Demand as defined here is the prediction of the movement and substitution of sales from product to product when changes in assortment are made to a category within a grocery retailer. The aim of this internship is to help 5one develop the methods in Transferred Demand to initially look at impact on individual product sales, moving to category sales and finally to store sales. An important link to investigate will be how Transferred Demand varies by type of customer. It is anticipated that the methods explored will be Bayesian probability and the key areas we are interested in are how demand changes when the attributes of the category change (as defined by the attributes of the products in the category). Which parts of the company will the Intern become familiar with? 5one is a customer marketing consultancy. The intern will become familiar with the client services team - who are responsible for managing all client relationships analysis team, the analysis team - who are responsible for all bespoke insight projects and implementation of methods and with the research and development team - who are responsible for the development of all methods in the business, web applications that deliver the methods and the databases that support the applications. Duration of the project: 6 months Company location Hammersmith, London To apply, please send a CV and a cover letter to Vera Hazelwood at [log in to unmask] <mailto:[log in to unmask]> Please visit www.ktn-internships.net <http://www.ktn-internships.net> for more information about the EPSRC Industrial Mathematics Internships Programme. In summary, · A current PhD student enrolled in a UK university preferably in the second or further year. · Be prepared to be based at the company during the project for at least 3 days a week. · Have an interest and expertise in the area of the internship. The following conditions apply for an internship project: · A student receives a stipend of up to £1,500 per month during the project. All travel or relocation expenses are paid for separately. · A student still has the same time to complete PhD studies as funding for the internship is provided separately from PhD funding and the duration of the PhD is extended without affecting completion rates. · The Intern remains a student at the University; he/she will not be an employee of the company during the Internship but will be based at the company's premises. Dr Vera Hazelwood Programme Manager Knowledge Transfer Network for Industrial Mathematics <http://www.industrialmaths.net/> Office: + 44 (0)1483 565252 Mobile: +44 (0)7875 401 570 email: [log in to unmask] You may leave the list at any time by sending the command SIGNOFF allstat to [log in to unmask], leaving the subject line blank.