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.
An audio journey of how data and analytics save lives, save money and solve problems.
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INFORMS, the leading international association for operations research and analytics professionals, has awarded the U.S. Air Force Academy its 2017 UPS George D. Smith Prize for its operations research (O.R.) program, which prepares its graduates to become frontline O.R. practitioners as analysts in the Air Force.
INFORMS Fellow William Cook, of the University of Waterloo, calculated the best route for visiting 50,000 sites across America from the National Register of Historic Places. Traveling by foot via the shortest route, which stretches 100 times the length of the Appalachian Trail, it would take 50 years to visit each site.
With the number of natural disasters doubling globally since the 1980s, a team lead by INFORMS Fellow Anna Nagurney are researching a novel new way to improve disaster response efforts: game theory.
New research by INFORMS member Burak Kazaz, of the Martin J. Whitman School of Management at Syracuse University, shows a wine distributor can significantly improve its profits by investing in wine futures, in addition to bottled wine. The study's numerical analysis demonstrates an approximate 21 percent profit improvement, a benefit that increases as the wine distributor's degree of risk aversion increases. This study will be published in the INFORMS journal of Manufacturing & Service Operations Management.
Aviation security expert and INFORMS Fellow Sheldon Jacobson provided insight on vulnerabilities at airport checkpoints, like the kind that resulted in 11 passengers passing through an unsupervised checkpoint at JFK airport in February, all of whom reached their flights without further screening.
“The most vulnerable time for any kind of check point is in a transition period,” said Jacobson, who continued that airport security is weakest early in the morning and during shift changes.
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