The INFORMS Analytics+ Conference showcased how companies are turning advanced analytics and AI into measurable operational results
In most emergency departments, beds are a hot commodity. But some patients don’t actually need a bed for their treatment – and accurately identifying those people is a low-lift but effective way to increase efficiency without sacrificing care quality, finds a study recently published in the journal Management Science.
The researchers developed a simple decision tree, informed by mathematical and machine learning models, to help staff decide whether a patient truly needs a bed or can be routed to a “vertical processing pathway” – that is, an area where they can be treated sitting up. Many hospitals already have such an area but don’t necessarily have a systematic way to decide which patients are treated there.
American teenagers start their school day too early.
Medical experts have been clear for years: sleep cycle changes during puberty make it hard for teenagers to learn in the early morning. Later school start times have been linked to better sleep, improved mental health, stronger academic performance and even safer driving.
Most school district leaders know about this problem and care about fixing it. But changing the schedule can feel operationally impossible.
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Artificial Intelligence (AI) has become the great disruptor across numerous sectors of the economy and society. It has not only impacted the digital world, but the physical world. And air travel has not been immune to such effects.
BALTIMORE, MD, April 17, 2023 – INFORMS, the largest association for the decision and data sciences, announced it has awarded Walmart its 2023 Franz Edelman Award for Achievement in Advanced Analytics, Operations Research and Management Science for its use of operations research (O.R.) to enhance retail truck routing and load planning.
BALTIMORE, MD, April 17, 2022 – INFORMS, the largest association for the decision and data sciences, has awarded Purdue University, Mitchell E. Daniels, Jr. School of Business, Business Analytics and Information Management (BAIM) the 2023 UPS George D. Smith Prize. The award recognizes excellence in preparing students to become practitioners of operations research and analytics.
As states look to generate more revenue in an inflationary economy, along with the risk of a recession, progressive governors like J.B. Pritzker who advocate for progressive income taxes also support one of the most regressive taxes: lotteries. This sort of “taxation” increases revenue without the stigma associated with conventional taxation, which feels to some like a penalty.
AI’s ability to make predictions and offer recommendations is advancing rapidly. Will it eventually gain the ability to lead IT teams?
OR/MS Today is the INFORMS member magazine that shares the latest research and best practices in operations research, analytics and the management sciences.
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Analytics magazine showcases articles and research reports based on big data, AI, machine learning, data analytics and other new-age technologies.
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