BALTIMORE, MD, November 12, 2024 – New research in the INFORMS journal Manufacturing & Service Operations Management is guiding the development of more inclusive and efficient electricity markets. The work demonstrates how aggregating small-scale, distributed energy resources (DERs) like solar panels can effectively balance the power of large utility companies.
Global supply chains are undergoing an irrevocable shift. While material flows remain critical, they are only the most visible aspect of this transition. Beneath the surface, changes in information exchanges, financial reconfigurations, and human capital movements are posing far greater risks to the benefits of global trade. The US, China, and the rest the world must handle these changes with care and perspective.
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As operationsengineers who focus on how these supply chains work, we know that even in the best of times, the U.S. drug supply chain is relatively fragile. Shortages regularly occur, and the COVID-19 pandemic has the potential to further disrupt a system that patients depend on, sometimes for life or death.
During the coronavirus pandemic, our smartphones have become a lifeline, keeping us connected, informed, sane, employed, and socially distant. But they are also emerging as necessary tools to keep us safe and healthy. Smartphones’ cameras and sensors are increasingly turning them into fast, accurate, and low-cost devices for medical diagnosis—without their users ever needing to leave home.
Since 2012 a pandemic-planning tool developed by researchers at The University of Texas at Austin has helped public health officials plan for the consequences of a deadly and virulent virus. Now the pandemic modeler who developed the toolkit is studying COVID-19 and has built a new model to project the spread of COVID-19 across the U.S. She has teamed up with Dell Medical School to assess the potential impact of the pandemic in the Austin-Round Rock area.
How fast can the U.S. go back to work? Our disaster preparedness capabilities, and the supporting supply chains, will help to determine the answer to that question.
Are we left with the hard choice between long-term lock down and a collapsing economy or attempting to reopen the economy quickly and crashing entire hospital systems? Not necessarily.
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