INFORMS in the News
JFK airport security breach brings to light security vulnerabiliites
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.
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.
INFORMS presents award for best publication in the natural sciences
Dr. Lewis Ntaimo, associate professor in the Department of Industrial and Systems Engineering at Texas A&M University, former Ph.D. student Julian Gallego-Arrubla, and Curt Stripling of the Texas A&M Forest Service, have been selected for this year’s INFORMS Section on Energy, Natural Resources and the Environment (ENRE) best paper publication.
INFORMS member contributions selected for "40 Under 40"
Vice President of Business Analytics of Regal Entertainment Group and INFORMS member Matt Carr was selected for the Knoxville Sentinel's top "40 Under 40" for his role in helping Regal grow from being a company without a formalized analytics group to one that makes decisions and pursues strategies based on actionable data analysis.
In bots we distrust
In an upcoming issue of the INFORMS journal Management Science, a study conducted by three business professors explores a phenomenon called “algorithm aversion,” which is an irrational distrust of computer algorithms, despite their ability to outperform humans on many tasks, from selecting baseball recruits to diagnosing illness.
There may be an ‘obesity effect’ on your investments
Your physical attributes could have an impact on your participation in financial markets, according to a study of nearly 40,000 people entitled “Stature, Obesity and Portfolio Choice” recently published in the INFORMS journal Management Science. “Specifically, we find that individuals who are relatively tall and of normal weight are more likely to hold stocks in their financial portfolios,” the authors found. The relationship is one of correlation rather than causation, as is often the case with such studies, and experts point to a far more complex relationship between lower income families, access to education and, often times, more expensive fresh food.
How to cure the electoral college
An op-ed with the Los Angeles Times by INFORMS Fellow Arnold Barnett and INFORMS Past-President Ed Kaplan explores a simple reform that might go a long way toward reducing objections to the electoral college without introducing a partisan bias.