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.
Diversity alone won’t get the votes for funding public education. It takes communities that are more integrated and connected, where residents have a sense of shared stake.
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Threatened tariffs on Mexico, Canada and China could have a widespread impact on the industry, as could immigration restrictions, just as the environment normalizes.
With a new Trump administration coming into power next week, one of the biggest fears that businesses are waiting to hear about is tariffs. Unfortunately, there is a lot of misunderstanding regarding the effectiveness of tariffs to bring jobs back to America. There are many different economic studies that dispute this position. This article addresses the five myths that are most passed around.
By increasing transparency in food freshness, blockchain adoption could help retailers slash waste, maximize profits and reshape relationships with suppliers.
One is never far from a Dollar General in most North Carolina towns. North of Durham, for example, the Vance County seat of Henderson has six stores within a four-mile radius. The Granville County seat of Oxford and its 9,000 residents support four Dollar Generals, while Roxboro in neighboring Person County has a smaller population but still five stores within 10 miles.
The genetic testing company 23andMe, which holds the genetic data of 15 million people, declared bankruptcy on Sunday night after years of financial struggles. This means that all of the extremely personal user data could be up for sale—and that vast trove of genetic data could draw interest from AI companies looking to train their data sets, experts say.
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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