How to optimize online sales with a hybrid product recommendation
New research from the University of Florida highlights how retailers can increase sales by 3% if they show customers products from previous browsing sessions.
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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New research from the University of Florida highlights how retailers can increase sales by 3% if they show customers products from previous browsing sessions.
Mark Zuckerberg fired his largest salvo in his war with rival Elon Musk on Wednesday with the launch of his Twitter fighter, Threads. The app quickly garnered millions of users as well as Musk’s wrath. The billionaire Twitter owner threatened legal action against Meta (META) for allegedly hiring former Twitter employees to work on the app.
During her visit to Beijing, US Treasury Secretary Janet Yellen is expected to stress the need for both countries to “responsibly manage” their relationship, “communicate directly about areas of concern and work together to address global challenges”. Although her visit is well-intentioned, it will not be a panacea for the current conflicts between the United States and China. Instead, the visit represents a positive initial step, providing the two countries with an opportunity to reassess and develop more effective strategies for peaceful engagement.
Many travelers have occasionally resolved to become light packers, all the better to attain the unencumbered lifestyle of those who sweep through an airport with nothing more than a carry on. But what if travelers could pack close to nothing at all?
Many travellers have occasionally resolved to become light packers, all the better to attain the unencumbered lifestyle of those who sweep through an airport with nothing more than a carry-on. But what if travellers could pack close to nothing at all?
OR/MS Today is the INFORMS member magazine that shares the latest research and best practices in operations research, analytics and the management sciences.
Access OR/MS Today MagazineAnalytics magazine showcases articles and research reports based on big data, AI, machine learning, data analytics and other new-age technologies.
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