INFORMS in the News
The pub crawl of a lifetime
Planning a pub crawl and need to know the shortest distance between each of your stops? INFORMS member Professor William Cook from the University of Waterloo, Canada has done just that on a much grander scale than could be accomplished in one night of festivities. Using the "traveling salesman problem" approach, Cook plotted the coordinates of 24,727 pubs in the U.K. to ascertain the shortest possible route between them all.
The science of soup
You may not realize it, but a shocking amount of science and technology is behind every can of soup. INFORMS member Joseph Byrum, senior R&D and strategic marketing executive with Syngenta explores the extensive research that goes into plant genetics and breeding to canning to create a 'simple' can of tomato soup.
O.R. analyst ranks among top paying jobs for women
Operations research analyst ranks at number 10 on a list of the 17 the highest paying jobs for women.
An OR career means high pay with low stress
Based on data pulled from the Occupational Information Network (O*NET), a US Department of Labor database that compiles detailed information on hundreds of jobs, and the U.S. Bureau of Labor Statistics website, operations research analysts are among a list of 26 jobs that combine high pay with low stress.
INFORMS member working to enhance oil system safety
INFORMS member Jennifer Pazour, assistant professor of industrial and systems engineering at Rensselaer Polytechnic Institute has been named a recipient of a 2016 Gulf Research Program Early-Career Research Fellowship, a program that funds activities to enhance oil system safety and the protection of human health and the environment in the Gulf of Mexico and U.S.
Betting to lose helps you win
From sports teams to political candidates, when your side loses it can be painful. An upcoming study in the INFORMS journal Management Science finds that this pain can be lessened if you bet against your team or candidate, though feelings of disloyalty may prevent many from doing so.
CAP: What's on the exam?
A new editorial by Arnie Greenland, PhD, CAP, Professor of the Practice at the Robert H. Smith School of Business at the University of Maryland, College Park, explores the foundation for the creation of the CAP certification program, it's growing recognition among employers, and provides a sneak peek at what to expect when taking the exam.
Online display ads increase both online and in-store purchases
A Marketing Science study conducted by Yahoo! Research in partnership with a nationwide retailer explored the effects of online display advertising on both online and in-store purchases. The study authors found statistically significant evidence that the retailer ads increased sales 3.6% relative to the control group.
Exploring the "Uber effect"
Two INFORMS members with the Arizona State University W.P. Carey School of Business, Professors Yili Hong and Zahongju Zhang, in conjunction with research associate Ziru Li, have conducted a study that explores the positive impact of ride-hailing services, including reduced traffic congestion, travel time, and gas expenses. They will be presenting their study at the INFORMS Annual Meeting in November.
Can strict deadlines hurt work quality?
A new study in Management Science led by INFORMS member Natarajan Balasubramanian, a professor at Syracuse University, found that when managers implement strict deadlines, their workers tend to complete their tasks at the last minute, which often leads to lower quality outcomes.
CMU students recognized with UPS George D. Smith prize
Executive director of INFORMS, Melissa Moore, presented the Carnegie Mellon University H. John Heniz III College with the UPS George D. Smith prize. This prize is awarded in recognition of the school's encouragement of stronger ties between industry and students studying operations research and analytics, in particular, for student projects relating to healthcare and real estate.
Master's degree in operations research has third highest salary potential
According to PayScale's 2016-2017 College Salary Report, operations research ranks as the master's degree with the third highest salary potential, coming in behind only computer science and engineering, and nurse anesthesia.
Reducing the chronic illness costs
A forthcoming study in the INFORMS journal Marketing Science by INFORMS member and professor at Johns Hopkins Carey Business School, Jian Ni, explores how guiding patients to a more appropriate level of healthcare can reduce healthcare expenditures.
Measuring the cool factor
In an upcoming Management Science study, INFORMS member and professor at the Johns Hopkins Carey Business School Ruxian Wang has developed a method to measure the appeal or "cool factor" of commercial products.
Standing out in the crowd: aCAP certification helps distinguish young analytics talent
As the demand for analytics professionals continues to grow, and more and more universities are adding or expanding their analytics programs, it is increasingly important for young analytics professionals to stand out to potential employers. Alan Briggs, INFORMS member and project manager and data scientists with Elder Research, Inc., discusses how the new Associate Certified Analytics Professional (aCAP™) program can place emerging analytics professionals on the path to success.
Who's crunching the data?
According to a recent KPMG study, CEOs are relying on an abundance of data and analytics to make critical management decisions, however many CEOs do not trust the data they receive. INFORMS member and University of Notre Dame Professor Scott Nestler discusses the value of the Certified Analytics Professional (CAP®) program in assuring CEOs and other leadership of an analytics professional's adherence to high standards and the quality of their data.
Consumer online search habits provide opportunity for retailers and advertisers
After identifying a sample of 1,000 digital camera purchases from the browsing and purchase history of more than two million consumers, INFORMS members Bart Bronnenberg of Tilburg University and Carl Mela of Duke University, with Jun Kim of the Hong Kong University of Science and Technology, discovered unique insight on how advertisers and retailers can influence the final purchase. Their findings will be published in the INFORMS journal Marketing Science.
Leading the Pack
Brenda L. Dietrich, former INFORMS president who leads the data science function of IBM Business Analytics Insights as a Service unit, was named as one of the top nine women leading the pack in data analytics.
"Bags Fly Free" policy could be costing Southwest Airlines
By studying nearly nine million domestic flights, INFORMS members Mazhar Arikan, University of Kansas; Vinayak Deshpande, University of North Carolina at Chapel Hill; and Mark Ferguson, University of South Carolina, found that by not charging checked bag fees Southwest Airlines could be impacting their flights' ability to depart on time. Their findings were published in the INFORMS journal Management Science.
The LA Times explores garbage orbiting earth and how to clean it up, including a 2009 paper by INFORMS member Lawrence Wein and coauthor Andrew Bradley, both researchers at Stanford University.