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.
Global supply chains are undergoing an irrevocable shift. While material flows remain critical, they are only the most visible aspect of this transition. Beneath the surface, changes in information exchanges, financial reconfigurations, and human capital movements are posing far greater risks to the benefits of global trade. The US, China, and the rest the world must handle these changes with care and perspective.
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Univ. of Illinois computer science professor Sheldon Jacobson discusses aviation security in the midst of the pandemic.
The rapid spread of the Covid-19 virus is already having a huge impact on the global economy, which is rippling around the world via the long supply chains of major industries.
We live in a time of unprecedented access to information. And in this era of sheltering-in-place around the nation and the globe, the desire for news may be higher than ever—at least for some people. But do we really want all this information, all the time? Some may indeed prefer to think happier thoughts and maintain an (overly) optimistic outlook about the health threat we face. On the other hand, others may prefer not to know what the swings in the market are doing to their retirement savings.
Social distancing is working, but timing and discipline are everything. Those are the takeaways of new research emerging into the effectiveness of mitigation measures aimed at the spreading novel coronavirus that demonstrates communities that acted more quickly and aggressively had better results than those that implemented partial, or gradual measures.
Santa Clara County, for example, imposed social-distancing restrictions starting on Feb. 10. A shelter-in-place order was implemented on March 17. By contrast Miami-Dade County waited until March 12 before it issued a state of emergency.
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