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.
Donald Trump's return to the White House is likely to usher in sweeping changes that affect retailers such as Walmart, Target, and Costco — from new tariffs to tax cuts and a new regulatory environment.
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'Last year, it was almost purely about supply. This year, we are really thinking more about demand,' an analyst says. Meanwhile, labor tensions are running higher.
(The Center Square) — A union's vote against ratification of a tentative national agreement between workers and the nation's Class I freight railroads could lead to a rail strike.
CATONSVILLE, MD, October 12, 2022 – In 2016, Chile introduced the gradual implementation of a comprehensive and mandatory food labeling law that was designed to warn consumers of the risks of unhealthy foods. To do so, the law required that if a product contained excessive amounts of certain nutrients (like sugar), which are considered unhealthful if consumed in large quantities, the product should display mandatory warning labels on the packaging. Moreover, several other countries have already adopted these new warning labels.
Full-timers gain the least, part-time drivers the most
INFORMS, the largest association for the decision and data sciences, has awarded the 2022 Daniel H. Wagner Prize for Excellence in the Practice of Advanced Analytics and Operations Research to researchers from MIT and Anheuser-Busch InBev for their work that leverages physical retail experiments and a platform named “TestOps” to increase sales and revenue. The platforms finds that when treatment effects are small, the environment is noisy and nonstationary, and adherence problems are common, which results in roughly 100x increase of experimental power relative to alternatives. This work sees a 1%-2% increase in sales and nearly $135 million in monthly revenue. The award was presented today at the 2022 INFORMS Annual Meeting in Indianapolis, IN.
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