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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The coronavirus cannot keep us stuck in our homes forever. Someday our kids will go back to school, we will return to work, and families and friends will gather once again for birthdays, holidays, weddings and funerals.
In the US, President Trump has said that testing for novel coronavirus infection will be limited to people who believe they may be infected. But if we only test people who believe they may be infected, we cannot understand how deep the virus has reached into the population. The only way this could is if those who believe they may be infected are representative of the population with respect to novel coronavirus infection. Does anyone believe this is so?
Maryland saw its largest daily spike in new coronavirus cases Wednesday with more than 1,000 new confirmed cases announced, as the state’s hospitals brace for a rush of patients.
If you didn’t know what a supply chain was a month ago, you do now. We are feeling them palpably, through strikes of essential workers, surgical mask shortages, and bleak shelves in the paper-products aisle. Anna Nagurney, John F. Smith Memorial Professor of Operations Management at the UMass Amherst Isenberg School of Management, has spent her career studying supply chains and the impacts of disruptions.
While the concept of crowdfunding is still in its early phases of development, a group of marketing researchers have conducted a study that reveals the most powerful drivers behind effective crowdfunding campaigns. According to the researchers, there are three primary mechanisms that serve as the major drivers of crowdfunding campaigns that yield results.
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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