New research from INFORMS members Sergeuei Netessine and Santiago Gallino, and INFORMS Fellow Marshall Fisher, all of the University Pennsylvania, can increase brick and mortar store revenue by as much as 20 percent by determining the optimal amount of staffing and training for individual stores.
INFORMS President and Heinz College Dean Ramayya Krishnan has received the 2018 Bright Internet Award (Jae Kyu Lee Award) from the Korea Society of Management Information Systems. The award honors those who have made excellent scholarly achievements and contributions in the field of management information systems, especially in the area of Bright Internet research and development.
NFL Football Operations is hosting an inaugural Big Data Bowl contest which challenges members of the data analytics community, from college students to professionals, to innovate how football is played and coached and contribute to the evolution of advanced analytics in the NFL.
Companies from Patagonia to Nike to Levi’s are leading the charge on social responsibility and supply chain transparency and they’ve encouraged their competitors to follow suit. But getting better visibility into a supply chain is an expensive and time-consuming endeavor for apparel makers. But do customers really care, and if so, are they willing to reward a company for its efforts? A new study in the INFORMS journal Manufacturing & Service Operations Management finds that customers do indeed value information related to a company’s supply chain — and many are prepared to pay a premium for greater supply chain visibility.
Former INFORMS President Ed Kaplan coauthored a study that explores how much runners actually slow as the age, and the good news is, not as much as was originally thought. The study showed that older runners start to decline gradually after the age of 40, and only start to slow more dramatically in their late 70s.
Ashley Smith
Public Affairs Coordinator
INFORMS
Catonsville, MD
[email protected]
443-757-3578
An audio journey of how data and analytics save lives, save money and solve problems.
Can we really trust AI to make better decisions than humans? A new study says … not always. Researchers have discovered that OpenAI’s ChatGPT, one of the most advanced and popular AI models, makes the same kinds of decision-making mistakes as humans in some situations—showing biases like overconfidence of hot-hand (gambler’s) fallacy—yet acting inhuman in others (e.g., not suffering from base-rate neglect or sunk cost fallacies).
The genetic testing company 23andMe, which holds the genetic data of 15 million people, declared bankruptcy on Sunday night after years of financial struggles. This means that all of the extremely personal user data could be up for sale—and that vast trove of genetic data could draw interest from AI companies looking to train their data sets, experts say.
Robert F. Kennedy Jr., as the new secretary of Health and Human Services, is the nation’s de facto healthcare czar. He will have influence over numerous highly visible agencies, including the Centers for Disease Control and Prevention, the National Institutes of Health and the Food and Drug Administration, among others. Given that healthcare is something that touches everyone’s life, his footprint of influence will be expansive.
Health insurance has become necessary, with large and unpredictable health care costs always looming before each of us. Unfortunately, the majority of people have experienced problems when using their health insurance to pay for their medical care. Health insurance serves as the buffer between patients and the medical care system, using population pooling to mitigate the risk exposure on any one individual.
During this podcast Handfield addressed various topics, including: the current state of the supply chain; steps and actions shippers should consider related to tariffs; how the supply chain is viewed; the need for supply chain resiliency; and supply chain risk mangement planning, among others.
Oklahoma State University's Sunderesh Heragu joins LiveNOW's Austin Westfall to discuss the evolving economic landscape after President Trump implemented tariffs on some of our biggest trade partners. Most tariffs have been halted for now -- but not with China. Beijing and the White House have levied steep tariffs on each other. Trump announced that tariffs on China would reach 145 percent. In response, China imposed 125 percent tariffs on U.S.-imported goods.
Twenty years ago, few people would have been able to imagine the energy landscape of today. In 2005, US oil production, after a long decline, had fallen to its lowest levels in decades, and few experts thought that would change.
In the case of upgrading electrical and broadband infrastructure, new analysis from the University of Massachusetts Amherst reveals {that a} “dig once” strategy is almost 40% more economical than changing them individually.