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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A new study in the INFORMS journal Marketing Science found that leveraging psychological theories on sympathy when drafting a fundraising letter can increase donations by more than 300 percent.
Ruth Williams, Ph.D., was awarded the John von Neumann Theory Prize at the annual meeting of the Institute for Operations Research and the Management Sciences (INFORMS) in Nashville, TN. She shares the award with researcher Martin Reiman from the Department of Industrial Engineering and Operations Research at Columbia University. The John von Neumann Prize, considered the Nobel Prize in the math field, is named after a famed mathematician and was established in 1975.
A new study to be published in the INFORMS journal Marketing Science explores the relationship between buyers and sellers on e-commerce platforms, and which has a greater impact on the platform's growth.
Businesses in every sector are facing new challenges in managing and analyzing data, which requires a specific approach and unique set of quantitative skills. The Institute for Operations Research and Management Science (INFORMS) defines this specific approach as business analytics that facilitate the understanding of business objectives through reporting of data to analyze trends, creating predictive models for forecasting and optimizing business processes for enhanced performance. The Information Systems and Operations Management department in the Cameron School of Business is soon introducing a new concentration in business analytics as a response to the increasing demand from industries for students with the knowledge and skills in this area.
Anna Nagurney, the John F. Smith Memorial Professor of Operations Management at the Isenberg School of Management, received the inaugural Distinguished Service Award from the Institute of Operations Research and the Management Sciences (INFORMS) at the society's annual meeting in Nashville, Tenn., Nov. 16. The award was established to recognize INFORMS members who have given their time and expertise to serve the community of INFORMS, the largest society for professionals in operations research, management science, and analytics.
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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