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.
During the holiday season, a late delivery can sometimes feel like the end of the world. You’ve been there: you order a highly anticipated gadget, new clothes, or a last-minute gift, only to find out that your delivery is delayed. While many blame shipping companies or delivery drivers, the true culprit often lies deeper in the supply chain — at the heart of it all: forecasting.
Catastrophic weather events, wars in Ukraine and the Middle East, trade conflicts, global pandemics—the forces disrupting supply chains are multiplying at a rate few could have anticipated.
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As more enterprise firms and their customers start to question the use of data in analytics, research and artificial intelligence tools, INFORMS is offering an 18-point set of guidelines to ensure ethics in quantitative decision-making.
While problems with flu vaccine distribution in the United States may cost lives and pose a serious threat in the event of a flu pandemic, a new computer model shows that proposed changes to the current distribution system could save thousands of lives. INFORMS members Pinar Keskinocak of the Georgia Institute of Technology, Julie Swann of North Carolina State University, and Zihao Li, a PhD student of Georgia Tech at the time who is currently working at the Centers for Disease Control and Prevention conducted research that found by replenishing flu vaccine stocks in regions where they are being used up and not replenishing them in areas where vaccines are piling up because people aren't getting flu shots would have a population-wide benefit by increasing the total number of vaccinated people. They would then be less likely to get sick and to infect others, reducing the overall flu wave. This change to flu vaccine distribution could save thousands of lives in a regular flu season, and even more in a flu pandemic.
INFORMS, the leading international association for professionals in operations research and analytics, has selected three finalists for the 2019 UPS George D. Smith Prize, which recognizes excellence in preparing students to become practitioners of operations research and analytics.
The 2019 INFORMS Business Analytics Conference in Austin, TX has been named among the best data and analytics conferences and events to attend in 2019! Join over 1,000 leading analytics professionals and industry experts in discovering new mathematical solutions to problems, networking strategies for advancing your career, and recognizing individual and team efforts within your field with most prestigious awards in analytics and operations research. The INFORMS Analytics Conference delivers three days of intensive learning about the latest innovations in analytics.
Andrew Lo, INFORMS member and professor at MIT is working with the MIT Laboratory for Financial Engineering (LFE) and Informa Pharma Intelligence have on an initiative to provide timely and accurate estimates of the risks and benefits of clinical trials to the entire life sciences ecosystem.
OR/MS Today is the INFORMS member magazine that shares the latest research and best practices in operations research, analytics and the management sciences.
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Analytics magazine showcases articles and research reports based on big data, AI, machine learning, data analytics and other new-age technologies.
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