INFORMS in the News
What to know about the new airline electronics bans
Earlier this week, the White House announced that travelers from 10 airports in Turkey, the Middle East, and North Africa are no longer allowed to carry on carry on certain electronic devices (anything large than a cell phone or smart phone) and must instead transport them in checked baggage. INFORMS Fellow and University of Illinois professor Sheldon Jacobson, whose research on airport screening and airline security has helped form previous policies, weighs in on the effectiveness of this new ban.
A 50 year road trip
INFORMS Fellow William Cook, of the University of Waterloo, calculated the best route for visiting 50,000 sites across America from the National Register of Historic Places. Traveling by foot via the shortest route, which stretches 100 times the length of the Appalachian Trail, it would take 50 years to visit each site.
How disaster relief efforts could be improved with game theory
With the number of natural disasters doubling globally since the 1980s, a team lead by INFORMS Fellow Anna Nagurney are researching a novel new way to improve disaster response efforts: game theory.
Novel research demonstrates financial benefit for distributors who invest in wine futures
New research by INFORMS member Burak Kazaz, of the Martin J. Whitman School of Management at Syracuse University, shows a wine distributor can significantly improve its profits by investing in wine futures, in addition to bottled wine. The study's numerical analysis demonstrates an approximate 21 percent profit improvement, a benefit that increases as the wine distributor's degree of risk aversion increases. This study will be published in the INFORMS journal of Manufacturing & Service Operations Management.
JFK airport security breach brings to light security vulnerabilities
Aviation security expert and INFORMS Fellow Sheldon Jacobson provided insight on vulnerabilities at airport checkpoints, like the kind that resulted in 11 passengers passing through an unsupervised checkpoint at JFK airport in February, all of whom reached their flights without further screening.
“The most vulnerable time for any kind of check point is in a transition period,” said Jacobson, who continued that airport security is weakest early in the morning and during shift changes.
Want to be a CEO? It helps to look the part
Looks do matter. According to a new study in the INFORMS journal of Management Science, the more competent you look (based on certain facial features) the more likely you are to be a CEO. They study, which focused on male CEOs, found that faces that rated as competent-looking typically had square jaws, overall sharper features and appeared more mature.
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INFORMS provides the key to networking opportunities
Whether you are a seasoned professional or a fresh graduate, networking plays an essential role in long-term career growth. Membership in a professional association like INFORMS provides access to many networking opportunities, as well as other member benefits such as career resources.
Carefully chosen wording can increase donations by over 300 percent
A forthcoming study in the INFORMS journal of Marketing Science, based on the psychology of sympathy, shows that small changes in the wording of a fundraising letter can increase donations by over 300 percent.
With over a million registered public charities in the United States, fundraising for good causes has become more difficult than ever. Annual events like Giving Tuesday increase overall giving, but also increase the competition for funds around those events.
Talking Points for New Hires
Want to decipher whether or not a new hire will thrive in his position? Compare his emails to those of a coworker. According to a new study in the INFORMS journal of Managment Science by INFORMS member Sameer Srivastava, the more similarities in language style, the better the fit. The study found that a new hire whose own emails are linguistically similar to his co-workers' messages is four times less likely to be fired than someone who never mimics the language style of his peers.
America’s Blood Economy: Vulnerable To Economic Trends, Medical Advances
INFORMS Fellow Anna Nagurney shares her research on blood supply chains – challenges and potential solutions – with Karen Brown of New England Public Radio.
Congratulations to INFORMS members elected to the National Academy of Engineering
Three INFORMS members are among those elected to the National Academy of Engineering for 2017:
Mark S. Daskin: Clyde W. Johnson Collegiate Professor and chair, department of industrial and operations engineering, University of Michigan, Ann Arbor. For leadership and creative contributions to location optimization and its application to industrial, service, and medical systems.
Arkadi Nemirovski: John Hunter Chair and Professor, H. Milton Stewart School of Industrial and Systems Engineering, Georgia Institute of Technology, Atlanta. For the development of efficient algorithms for large-scale convex optimization problems.
Sridhar R. Tayur: Ford Distinguished Research Chair Professor of Operations Management, Tepper School of Business, Carnegie Mellon University, Pittsburgh. For developing and commercializing innovative methods to optimize supply chain systems.
Election to the National Academy of Engineering is among the highest professional distinctions accorded to an engineer. Academy membership honors those who have made outstanding contributions to "engineering research, practice, or education, including, where appropriate, significant contributions to the engineering literature" and to "the pioneering of new and developing fields of technology, making major advancements in traditional fields of engineering, or developing/ implementing innovative approaches to engineering education."
Web ads could shoot up 80% of online and offline retail sales
Online display ads can increase both online and offline retail sales, providing valuable insight for future marketing decisions, according to a new study in the INFORMS journal of Marketing Science. Researchers, including those from University of Rochester in the U.S., worked with an unnamed national apparel retailer to evaluate the effects of the retailer’s advertising.
INFORMS Analytics Conference draws data professionals in 2017
The INFORMS Conference on Business Analytics & Operations research, April 2-4 in Las Vegas, NV was included on the KD Nuggets list of upcoming meetings in analytics, big data, data mining, and data science in 2017.
Immigration Executive Order impacts researchers and scientists
Scientists and researchers from the countries targeted by the Immigration Executive Order signed by President Donald Trump face growing uncertainty regarding their ability to travel to the U.S. to conduct research or attend meetings and conferences, including the INFORMS Annual Meeting in Houston later this year.
Career options as a data analyst
In the era of information and technology, the role of data analysts has become critical to cope with the present needs of the consumers and companies. And a valuable tool for all data analysts as they navigate the career is the Institute for Operations Research and the Management Sciences (INFORMS).
INFORMS Executive Director invited to join leadership roundtable
INFORMS Executive Director Melissa Moore has been invited to join the new CEO Update MidCap Roundtable. This new, invitation only membership includes participation in a one-of-a-kind peer networking and education-focused event, the Roundtable Summit, which will bring together CEOs and principals of major search firms for a day of high-level education focused on arming senior leaders with the knowledge they need to lead their organizations, and to navigate a rapidly changing political and economic environment.
Room upgrade can increase hotel profits up to 35 percent
Standby upgrade programs are an innovative way for hotels to increase annual revenue by as much as 35 percent while also filling frequently unused premium rooms, creating awareness for unique room features, and improving guest satisfaction and loyalty. However, new research in an upcoming edition of the INFORMS journal of Manufacturing & Service Operations Management finds that the success of a standby upgrade program is directly tied to the type of guests who frequent the hotel, and the types and quantity of rooms available.
Operations Research Analyst ... stress free career?
According to CareerCast's 2017 Job Stress report, which analyzes 11 factors that impact job stress levels, Operations Research Analyst is listed among the least stressful jobs for 2017.
Operations Research Analyst named among top jobs of 2017
U.S. News & World Report, the global authority in rankings and consumer advice, has unveiled their list of the 2017 Best Jobs, with Operations Research Analyst included among the top 5 best business jobs.
Uncertainty in blood supply chains creating challenges for industry
INFORMS member and professor with the University of Massachusetts, Amherst, Anna Nagurney discusses the uncertainty facing blood supply chains, currently a multi billion dollar industry, due to a decrease in demand, and the positive impact supply chain analytics tools can have moving forward.