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.
LONDON, Dec 30 (Reuters) - Chemicals factories founded or owned by some of Russia's wealthiest men are supplying ingredients to plants that manufacture explosives used by Moscow's military during the war in Ukraine, an analysis of railway and financial data shows.
A number of startups and cloud service providers are starting to offer tools for monitoring, evaluating, and correcting problems with generative AI in the hope of eliminating errors, hallucinations, and other systemic problems associated with this technology.
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Artificial Intelligence (AI) has become the great disruptor across numerous sectors of the economy and society. It has not only impacted the digital world, but the physical world. And air travel has not been immune to such effects.
BALTIMORE, MD, April 17, 2023 – INFORMS, the largest association for the decision and data sciences, announced it has awarded Walmart its 2023 Franz Edelman Award for Achievement in Advanced Analytics, Operations Research and Management Science for its use of operations research (O.R.) to enhance retail truck routing and load planning.
BALTIMORE, MD, April 17, 2022 – INFORMS, the largest association for the decision and data sciences, has awarded Purdue University, Mitchell E. Daniels, Jr. School of Business, Business Analytics and Information Management (BAIM) the 2023 UPS George D. Smith Prize. The award recognizes excellence in preparing students to become practitioners of operations research and analytics.
As states look to generate more revenue in an inflationary economy, along with the risk of a recession, progressive governors like J.B. Pritzker who advocate for progressive income taxes also support one of the most regressive taxes: lotteries. This sort of “taxation” increases revenue without the stigma associated with conventional taxation, which feels to some like a penalty.
AI’s ability to make predictions and offer recommendations is advancing rapidly. Will it eventually gain the ability to lead IT teams?
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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