The INFORMS Analytics+ Conference showcased how companies are turning advanced analytics and AI into measurable operational results
Fake Hermès Birkin bags and other counterfeit luxury goods are popular not only with people on a budget, but also with those with deeper pockets, a new study suggests.
Researchers from the National University of Singapore analyzed millions of counterfeit purchases by American consumers from more than 24,000 U.S. zip codes on a major cross-border, e-commerce platform. They found that both lower- and higher-income individuals are “significantly more likely” to buy fake luxury items than middle-income consumers, according to a press release by INFORMS on Monday.
'Ghost ships' are vessels that disappear from public tracking systems, their location manipulated or their digital record misleading. An estimated 65% of outbound tankers crossing the Strait of Hormuz operate in dark mode, reducing visibility and increasing supply chain uncertainty. Misinformation in vessel tracking can cause manufacturing delays, compliance risks and financial losses. Layered verification processes, combining AIS data with other sources and escalation triggers for handling uncertain shipments, can help mitigate risk.
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Dr. Julie Swann, head of the Department of Industrial and Systems Engineering at North Carolina State University talks to FOX23's Michelle Linn about the rising cases of COVID-19 in Tulsa, the virus's second wave, and the potential effects of President Donald Trump's recent rally.
Singapore ranked 54th in the Global Gender Gap Index 2020 rankings, below countries such as Bangladesh and the United States. The Ministry of Manpower announced this year that the adjusted pay gap between men and women in Singapore in 2018 was 6 per cent. The pay gap widens in the late 30s, when most Singaporean women choose to have children. The unadjusted gender pay gap here increased from 16 per cent in 2002 to 16.3 per cent in 2018.
Holding your friends and peers to account if they skip a scheduled gym session or you catch them gorging on cookies after they swore they were cutting out sugar is an effective weight loss tool, a new study reveals – but not in the way you might think. The study, by Kosuke Uetake of Yale University, and Nathan Yang of McGill University in Montreal, looked into whether we lose more weight when we start our health kicks as part of a ‘buddy system’.
To open campuses—and keep them open throughout the fall—college administrators must assess risks beyond the potential spread of coronavirus. Many schools plan extensive testing and contact tracing. But campus leaders must also know the ability of local health systems to contend with an outbreak and also be able to prevent panic if—and more likely, when—infections are diagnosed, says Sheldon H. Jacobson, a founder professor of computer science at the University of Illinois at Urbana-Champaign and an expert in data-driven risk assessment.
Dr. Julie Swann says we’re still in the first wave. Dr. Swann is the head of the Department of Industrial and Systems Engineering at North Carolina State University where she studies how government leaders respond to a pandemic -- without overwhelming hospitals-- the efficient distribution of food and vaccines, and safe reopening businesses and schools.
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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