BALTIMORE, MD, January 17, 2025 – INFORMS, the world’s largest association for professionals and students in operations research (O.R.), AI, analytics and data science, has unveiled six finalists for the prestigious 2025 Franz Edelman Award for achievement in advanced analytics, operations research and management science. Recognized as the pinnacle of achievement in the application of analytics and operations research, the award, often referred to as “The Nobel Prize” of O.R. and advanced analytics, celebrates groundbreaking research and innovations that are transforming industries, improving lives and shaping a smarter, more sustainable future.
Cutting-edge chips, especially those designed to power emerging AI applications, tend to receive the most attention in the media and generate the most excitement. However, so-called “legacy” chips are just as important — if not more — to our daily lives.
January is National Blood Donor Month and, not coincidentally, a time when donations tend to ebb. Every two seconds, someone in the U.S. needs blood for serious injuries, childbirth, cancer treatments and more, according to the Department of Health and Human Services.
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GREENVILLE, N.C. (WNCT)- With rising gas prices, the hot-topic issues of domestic oil drilling are once again making headlines.
Analysts say that the ripple effects of the conflict in Ukraine will further drive up U.S. food prices. And because Russia is a main producer of fertilizer, the war could affect what is grown on American soil.
BALTIMORE, MD, March 21, 2022 –The recent crisis in Ukraine is reigniting the discussion of the appropriate mix of assistance for refugees. According to the UN Refugee Agency, six million refugees already lived in camps in 2021 due to multiple armed conflicts worldwide. Humanitarian organizations (HOs) are working to help people struggling because of regulations that impede integration into host countries. Cash assistance is one way that HOs are helping in addition to providing in-kind assistance in the form of food and non-food items. The intention of the cash assistance is to provide refugees with spending flexibility, restore their dignity and improve the wealth of the host community. However, cash assistance brings its own challenges. New research in the INFORMS journal Manufacturing & Service Operations Management identifies a way to provide incentives for the retailer to voluntarily reduce prices while causing no harm to refugees or host communities.
Every business has been affected by the pandemic, but few industries have been as thoroughly disrupted as air travel. As Covid-19 has waxed and waned, airlines have suffered thousands of canceled flights, plummeting ticket prices, and a federal mask mandate that catalyzed a wave of violent incidents on planes.
The invasion of Ukraine by Russia and sanctions imposed on it for doing so and new pandemic-related shutdowns in China are the latest events to rock global supply chains. Combined with the China-U.S. trade war and other pandemic- and climate-related disruptions, it is certain to accelerate the movement by Western companies to reduce their dependency on China for components and finished goods and on Russia for transportation and raw materials and to lead to more localized, or regional, sourcing strategies. If China decides to back Russia in the Ukraine conflict, it would only fuel that movement.
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