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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When 4,000 analytics experts in everything from predicting the winner of the U.S. Presidential election to keeping Arizona’s borders secure come to Phoenix on October 14, the city will find itself filled not only with smart people who use math for a living but also problem solvers who tackle some of today’s greatest challenges.
The Tauber Institute for Global Operations at the University of Michigan is the first winner of the UPS George D. Smith Prize, which was presented at a banquet sponsored by the Institute for Operations Research and the Management Sciences (INFORMS) in Huntington Beach on Monday night.
TNT Express, which used operations research to modernize operations and reduce its carbon footprint, won the 2012 Franz Edelman Award for Achievement in Operations Research and the Management Sciences at a banquet sponsored by the Institute for Operations Research and the Management Sciences (INFORMS) in Huntington Beach last night.
The Defense Department, faced with cuts of what Secretary Leon Panetta said could be $487 billion over the next ten years, can find tens of billions of dollars in cost reductions by better aligning the Pentagon supply chain rather than imposing precipitous reductions to the uniformed forces, according to a former Army colonel who is speaking at a conference hosted by the Institute for Operations Research and the Management Sciences (INFORMS®), the premier organization for advanced analytics professionals.
The Institute for Operations Research and the Management Sciences (INFORMS®) today announced three finalist schools in the competition for the first UPS George D. Smith Prize, an award created to strengthen ties between academia and industry. The award recognizes excellence in preparing students to become practitioners of analytics and operations research.
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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