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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Ashley Smith
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INFORMS
Catonsville, MD
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Warren Powell, Oxford University engineer and INFORMS member, discusses dynamic resource allocation and the impact advances in operations research tools can have in addressing allocation issues on a global level.
Russell Allgor, chief scientist for Worldwide Operations at Amazon and INFORMS member, shares how the people who work in Amazon’s fulfillment centers work with the systems guided by artificial intelligence and machine learning to deliver customer orders in the most efficient way possible.
INFORMS President Ramayya Krishnan shares how AI and automation are impacting the workforce. In particular, he addresses fears of job replacement by automation, stating, "What we have to remember is that a job is a role that consists of a bundle of tasks, so a job itself won't be replaced but some of the tasks may be."
INFORMS member Gah-Yi Ban has recently published a TEDx Talk on “The power and perils of algorithms” in which she discusses the role of algorithms in our lives and how we can shape their role in the future.
The increasing number of travelers choosing to fly, especially during the travel heavy summer season, has lead to longer lines at airport security, even for TSA PreCheck passengers. Sheldon Jacobson, INFORMS Fellow and Founder Professor in Computer Science in the Department of Computer Science at the University of Illinois at Urbana-Champaign, discusses how the TSA can better utilize the guidelines and procedures established by the PreCheck, and encourage more travelers to enroll, to accommodate new changes in airport security and increase screening effectiveness.
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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