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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INFORMS Fellow and MIT professor Richard Larson provides interesting insight into the unique draw of the long lines and even longer waits that shoppers are willing to endure in order to score a Black Friday deal.
New research in the INFORMS journal Management Science supports the theory that testosterone influences the decision making of stock market traders, and could be a cause of market instability.
"Soft skills" such as communication and teamwork are crucial proficiencies for a supply chain leader to hold. However, these skills are often overlooked amid today's technology-driven industry, according to Yossi Sheffi, PhD, INFORMS member, Elisha Gray II professor of engineering systems at the Massachusetts Institute of Technology in Cambridge, and director of the MIT Center for Transportation and Logistics.
The Institute for Operations Research and Management Sciences (INFORMS) holds its semi-annual meeting and exposition at the George R. Brown Convention Center, Houston, Texas, October 22 – 25, 2017. At the Lindo Systems Inc booth, I see that their optimization software is capable of doing linear, integer, and nonlinear programming. I ask Linus Schrage, Lindo President, how his company is helping businesses in the oil refining, petrochemical, and oil/gas industries. Here is what he has to say.
Ramayya Krishnan, dean of the Heinz College of Information Systems and Public Policy, has been elected to lead the 12,500 members of INFORMS, or the Institute for Operations Research and the Management Sciences, a professional association for operations research and analytics professionals and students.
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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