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INFORMS, the largest association for the decision and data sciences, has awarded the 2022 Daniel H. Wagner Prize for Excellence in the Practice of Advanced Analytics and Operations Research to researchers from MIT and Anheuser-Busch InBev for their work that leverages physical retail experiments and a platform named “TestOps” to increase sales and revenue. The platforms finds that when treatment effects are small, the environment is noisy and nonstationary, and adherence problems are common, which results in roughly 100x increase of experimental power relative to alternatives. This work sees a 1%-2% increase in sales and nearly $135 million in monthly revenue. The award was presented today at the 2022 INFORMS Annual Meeting in Indianapolis, IN. 

New audio is available for media use featuring Adam Schmidt, an Operations Research analyst at the Johns Hopkins University Applied Physics Lab. He speaks about strategies to address integrity in elections. This content is made available by INFORMS, the largest association for the decision and data sciences. What follows are 4 questions and responses. These responses were provided on October 14, 2022.

BALTIMORE, MD, October 13, 2022 – In 2016, Chile introduced the gradual implementation of a comprehensive and mandatory food labeling law that was designed to warn consumers of the risks of unhealthy foods. To do so, the law required that if a product contained excessive amounts of certain nutrients (such as sugar), which are considered unhealthful if consumed in large quantities, the product should display mandatory warning labels on the packaging. Moreover, several other countries have already adopted these new warning labels.