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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When Haven Greyson Smith was born at 25 weeks on New Year’s Day in 2019, he weighed 410 grams. At less than a pound, he was the size of a soda can.
Researchers from New York University, Cornell, and Tel Aviv show how inventors discover unusual breakthroughs
Dozens of Transportation Security Administration Officers (TSOs) have tested positive for the coronavirus, creating a two-way transmission highway between screeners and passengers, further spreading the virus. This has occurred while the number of air travelers has dropped by more than 95 percent since early March.
The study found that cost transparency among firms could improve sales by up to 20 percent when done so voluntarily.
When Georgia’s Republican governor Brian Kemp said he would allow gyms, hair salons, tattoo parlours and other small businesses in the state to reopen on Friday, Paris Campeau had a tough decision to make.
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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