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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U.S. News & World Report, the global authority in rankings and consumer advice, has unveiled their list of the 2017 Best Jobs, with Operations Research Analyst included among the top 5 best business jobs.
Dr. Lewis Ntaimo, associate professor in the Department of Industrial and Systems Engineering at Texas A&M University, former Ph.D. student Julian Gallego-Arrubla, and Curt Stripling of the Texas A&M Forest Service, have been selected for this year’s INFORMS Section on Energy, Natural Resources and the Environment (ENRE) best paper publication.
INFORMS member and professor with the University of Massachusetts, Amherst, Anna Nagurney discusses the uncertainty facing blood supply chains, currently a multi billion dollar industry, due to a decrease in demand, and the positive impact supply chain analytics tools can have moving forward.
CATONSVILLE, MD, January 9, 2017 – Struggling to get your creative juices flowing for a new idea or project? A study in an upcoming edition of the INFORMS journal Marketing Science sheds light on the secret sauce to developing creative ideas, and it all comes down to word choice.
INFORMS President Ed Kaplan provides input on the importance of business owners recognizing the value of their data, and that the more it is used in decision-making, the greater the impact.
"Getting owners to see that data can drive new efficiencies and effectiveness, challenging others in the organization to produce quality information, and seeking and seizing opportunities to make improvements--even in areas that one wouldn't typically consider--can be challenging, but it will also have the greatest return on investment," said Kaplan.
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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