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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Until the wee hours of Tuesday morning, the shattered Francis Scott Key Bridge in Baltimore arced across the lanes where shipping traffic headed in and out of port. It was also part of a major interstate highway along the Northeast Corridor.
PHILADELPHIA (CBS) -- The collapse of the Francis Scott Key Bridge in Baltimore Tuesday morning is sending shockwaves throughout the local community, and across shipping sectors.
The collapse of Baltimore’s Francis Scott Key Bridge could have a significant economic impact, effectively shutting down the nation’s busiest port for cars and light trucks in the U.S. and the ninth busiest port overall for an indefinite period.
Leaders of AI companies often argue that AI products will handle mundane tasks, freeing people up to be more productive and creative. And there are few tasks more mundane than taxes. An individual American taxpayer spends roughly 13 hours and $240 out-of-pocket costs just to prepare and file one annual tax return, according to one 2022 study—an estimated 1.15 billion hours collectively spent on tax preparation.
What are the new rules for tipping? Businesses that never seemed to ask for a tip before — like grocery stores, self-checkout machines and fast food restaurants — are now asking for one these days.
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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