News Room

The Institute for Operations Research & Management Sciences (INFORMS) is hosting an Analytics Conference in Orlando in April 2016. The event is expected to bring in more than 1,000 business professionals and owners — many who specialize in analytics. Big names in business are expected to make an appearance, too. Ford's Chief Analytics Officer Paul Ballew and Uber's lead Director of Operations Research Samuel Elderesveld will both speak at the event, along with plenty of others who have helped the U.S. Army, Centers for Disease Control & Prevention, BNY Mellon, NYPD and UPS. In addition to the speakers, there will be dozens of workshops, consultations and networking opportunities. In total, there will be more that 120 events for attendees to schedule.

Georgia Perakis, INFORMS member and professor at the Massachusetts Institute of Technology, led a team of Ph.D. students, in partnership with Oracle, to develop a model approach to determining optimal promotional retail pricing. Compared to current methods, the newly developed model was able to identify the potential for between 3-10% improvement in profits. 

Any investor wants an edge — knowledge about how a specific company will do. Insider trading could leave you confined in jail. Instead, take a walk out to the golf course. According to a recent report in the [INFORMS] journal Management Science, when the CEO plays too many rounds, corporate performance drops. 

A study published in the INFORMS journal Management Science, "Motivating Process Compliance Through Individual Electronic Monitoring: An Empirical Examination of Hand Hygiene in Healthcare," was highlighted for the insight it provided on the efficiency of radio frequency identification (RFID) systems in monitoring hand-hygiene compliance in healthcare facilities.