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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Jeff Cohen
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INFORMS
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Your willpower is fraying. Mine is too. For two months we’ve been good. We’ve Zoomed. We’ve FaceTimed. We’ve waved at neighbors from across the street and behind the fence. But enough is enough. We want to see friends and family in real life.
A method for capacity planning, tested at the Volkswagen Pre-Production Center (VPC) where the automaker manufacturers prototype vehicles, helped increase manufacturing volume by 25% and personnel utilization by 26%, according to a paper published this month in the INFORMS Journal on Applied Analytics.
In less than two months, the world has turned upside down for just about everyone as the coronavirus has shut down operations, shifted concerns and fired up creativity.
As states reopen around the country, transportation officials say commutes and travel trends will likely change for the foreseeable future.
The non-identifiable cellphone data for 16 million Americans shows patterns in where people live and how often they left their homes in February, March, April and May — before, during and after the height of the crisis.
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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