INFORMS in the News
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.
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.
Using analytics to predict the 2016 elections
Starting with the 2000 presidential elections, INFORMS member Sheldon Jacobson, professor with the University of Illinois, and a team of fellow researchers and students, have used a combination of poll numbers, algorithms, and analysis to make a state-by-state assessment of who is most likely to be elected in the upcoming presidential and senate elections.
Why we ignore security alerts
Naked Security, the online news room for data security company Sophos, highlighted an article in the INFORMS journal, Information Systems Research, addressing the effectiveness of system-generated computer security warnings. As much as 87% of these warnings are simply ignored, due to a combination of badly timed interruptions and our inability to multitask.
Maximizing 2016 Olympics’ coverage
Press covering the Olympic Games in Rio this summer faced multiple challenges in their efforts to attend as many events as possible, including event timing and location, weather, and travel logistics. Carnegie Mellon professor and INFORMS member Michael Trick helps a New York Times reporter create a plan to approach his coverage of the 2016 games.
The Secret Indicator of a Bad CEO: His Golf Game
Any investor wants an edge — knowledge about how a specific company will do. Insider trading could leave you confined in jail. Instead, take a walk out to the golf course. According to a recent report in the [INFORMS] journal Management Science, when the CEO plays too many rounds, corporate performance drops.
Clarkson University recognized by INFORMS Rothkopf Rankings
The “Rothkopf Rankings,” published in May 2016 in the INFORMS journal Interfaces, recognized Clarkson University as a top U.S. school for contributions to operations research practice literature.
Using Twitter to predict TV program ratings
INFORMS members Professor Xiao Liu of New York University and Professors Param Vir Singh and Kannan Srinivasan of Carnegie Mellon University conducted a study on which digital platforms are the most effective at gauging the success of a TV program. The study, which will be published in the INFORMS journal Marketing Science, found that Twitter is significantly more effective than other platforms, including Google Trends, Wikipedia, IMDB, and the Huffington Post, at predicting TV ratings.
Kuwaiti healthcare reforms maximize efficiency
According to Nicos Savva, INFORMS member and associate professor at the London Business School, the reforms to the Kuwaiti healthcare system outlined in the Kuwait Development Plan for 2015-2020 could result in one of the most efficient healthcare systems in the world. In particular, investments in specialization and preventative care hold the key to improving both patient outcomes and hospital productivity.
Smart technology, not body cameras, leads to less lethal force by police
Using data from a Washington Post comprehensive report, two INFORMS members investigated the impact of technology on police performance and practice. Professors Min-Seok Pang and Paul Pavlou, both from Temple University’s Fox School of Business, found that the use of analytics and smartphones to access intelligence led to decreased instances of lethal force by police, whereas wearable video cameras were linked to an increase in lethal force on civilians by police.
Researchers Say RFID-Related Process Improvements Require Managerial Commitment
A study published in the INFORMS journal Management Science, "Motivating Process Compliance Through Individual Electronic Monitoring: An Empirical Examination of Hand Hygiene in Healthcare," was highlighted for the insight it provided on the efficiency of radio frequency identification (RFID) systems in monitoring hand-hygiene compliance in healthcare facilities.
Revolutionizing promotional pricing
Georgia Perakis, INFORMS member and professor at the Massachusetts Institute of Technology, led a team of Ph.D. students, in partnership with Oracle, to develop a model approach to determining optimal promotional retail pricing. Compared to current methods, the newly developed model was able to identify the potential for between 3-10% improvement in profits.